4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.

2020 Discuss the effect the FOMC's actions (or lack of actions) had on the following: a. The stock market as measured by the Dow

jok3333 [9.3K]

<u>Solution and Explanation:</u>

The FOMC’s actions are as follows:

1.a. The dow jones Fell by around 13% from the 23185 to the 20815 even if fed cut the rates by 100 basis points. This fall was due to the economy heading into an impending recession.

1.b. The 10 year treasury yield fell from .94% on the friday to .73% on the monday .

The 3 months treasury yield fell from .287% on the friday to .124% on the Monday.

4 0

3 years ago

Suppose you need to add the values in range of cell from C2 through C8. Which of the following sequences will give you the corre

Free_Kalibri [48]

Answer:

A

Explanation:

Here, we want to select which of the options best gives the needed result when we need to add Values of data between cell C2 and C8

The correct syntax to this is to go to that cell in which we want the result;

Then type =SUM(C2:C8)

Excel automatically sums up all the values we have between these two cells and return the addition of these values in the cell where we input the formula

7 0

3 years ago

which theory views the global economic system as divided between nations that control wealth and those that provide natural reso

Dafna1 [17]

Answer:

The correct answer is the world systems theory.

Explanation:

The world-systems theory is a socioeconomic theory. It was developed by sociologist Immanuel Wallerstein. According to this theory, the countries of the world can be classified into three types.

1. Core countries

2. Semi periphery countries and,

3. Periphery countries

There are countries which are powerful and control wealth and capital who exploit other less powerful and poor countries which have natural resources and labor.

4 0

3 years ago

The payroll register of Castilla Engineering Co. indicates $2,820 of social security withheld and $705 of Medicare tax withheld

vfiekz [6]

Answer:

The journal entry shown below:

Explanation:

According to the scenario, the journal entry for the given data are as follows:

Salary expense A/c Dr $47,000

To Social security A/c $2,820

To Medicare tax A/c $705

To Federal withholding A/c $7,990

To Retirement savings A/c $2,700

To Salaries payable A/c $32,785

(Being the payroll for current period is recorded)

Salaries payable computation = Salary expense - Total other deductions

= $47,000 - ( $2,820 +,$705 + $7,990 + $2,700)

= $32,785

(Note: There are two Federal withholding amounts are given. we have considered the first amount to calculate.)

3 0

2 years ago

Jake loaned Elwood $5,000 for one year at a nominal interest rate of 10 percent. After Elwood repaid the loan in full, Jake comp

Neko [114]

Answer:

rate of inflation during the year was 14%

Explanation:

we know here Jake loaned Elwood = $5000

time = 1 year

rate = 10 %

rate = 4 %

so here we can say this will happen when actual inflation rate is high as compare to expected inflation rate

and we have given 10 % inflation rate need and

it was high by 4 % of fewer good

so rate is total 14%

so correct answer rate of inflation during the year was 14%

6 0

2 years ago