1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VladimirAG [237]
3 years ago
13

Complete the following statements to demonstrate your understanding of the relationships among the different structures of the F

ederal Reserve.
The Board of Governors of the Federal Reserve is in charge of setting and overseeing monetary policy and is headed by the _________________.
Monetary policy is supposed to be _______________ Congress and the president. This goal is aided by the fact that the governors' ________________ them to outlast the president who appointed them.
Because Congress initially intended to create a decentralized banking system, there are also smaller branches of the Federal Reserve known as district banks. The presidents of the district banks take turns serving as members of the ___________-.
The Federal Open Market Committee (FOMC) is the official policy making body of the Federal Reserve and is made up of _______________________.
The mechanism for translating FOMC policy into action is ________________ , which outlines the course of monetary policy for the next six weeks.
Business
1 answer:
Anna007 [38]3 years ago
4 0

Answer:

1. Chairman

2. The responsibility of

3. Tenure is more than

4. Federal Open Market Committee (FOMC)

5. Twelve members

6. instructions issued by the FOMC to the Federal Reserve Bank of New York

Explanation:

The Board of Governors of the Federal Reserve is in charge of setting and overseeing monetary policy and is headed by the CHAIRMAN

Monetary policy is supposed to be THE RESPONSIBILITY OF Congress and the president. This goal is aided by the fact that the governors' TENURE IS MORE THAN them to outlast the president who appointed them.

Because Congress initially intended to create a decentralized banking system, there are also smaller branches of the Federal Reserve known as district banks. The presidents of the district banks take turns serving as members of the FEDERAL OPEN MARKET COMMITTEE.

The Federal Open Market Committee (FOMC) is the official policy making body of the Federal Reserve and is made up of TWELVE MEMBERS.

The mechanism for translating FOMC policy into action is INSTRUCTIONS ISSUED BY THE FOMC TO THE FEDERAL RESERVE BANK OF NEW YORK, which outlines the course of monetary policy for the next six weeks.

You might be interested in
The equation MP L / PL = MP C / PC:
diamong [38]

Answer: D. is a necessary, but not sufficient, condition for the maximization of profits.

Explanation:

In the labor market, the condition for equilibrium is that marginal revenue product of labor will be equal to the wage rate, abd also that MPL/PL=MPK/PK.

It should be noted that the equation MPL/PL = MPC/PC is a necessary, but not sufficient, condition for profit maximization.

7 0
3 years ago
A company announces to employees that it will no longer offer a bonus to employees who meet monthly sales quotas. What effect is
il63 [147K]

Answer: In my opinion, it's most likely C

Explanation: they won't be as motivated to hit the sales quota because the bonus is no longer available

5 0
1 year ago
Paradise, Inc., has identifi ed an
jeka57 [31]

Answer:

godam chauhan ✌️✌️✌️

7 0
3 years ago
In 2021, internal auditors discovered that PKE Displays, Inc. had debited an expense account for the $350,000 cost of equipment
kap26 [50]

Answer:

1. 210.000

2. 140.000

3. No entral journey is required.

Explanation:

  1. To calculate the accumulated depreciation of the equipment:

Accumulated depreciation = depreciation expected for 1 year * 3 years

                    = (Cost of the asset - Residual Value)/Life of the asset  * 3 years  

                    = ((350.000 - 0) / 5) * 3              

                    = 210.000        

   2. Calculate the amount to be adjusted to the retained earnings as show below:

Amount to be adjusted = Expense Wrongly debited - depreciation expense for 3 years.

= 350.000 - 210.000

=140.000

3. No journal entry is required to record in the books of accounts because the equipment will not have any value after 2019.

Thus, no journal entry is required.

     

3 0
3 years ago
In the market for a particular pair of shoes, jena is willing to pay $75 for a pair, while jane is willing to pay $85 for a pair
Kaylis [27]

To solve for the consumer surplus, the formula is;

Consumer surplus = total value – actual value

If jena is willing to pay for $75 then = $75 – $65 = $10

If Jane on the other hand is willing to pay for $85 then = $85 - $65 = $20

To combine the amount of Jena and Jane to be able to get both of their consumer surplus,

= $10 + $20 = $30

The combined amount of consumer surplus of Jena and Jane is $30.

7 0
4 years ago
Other questions:
  • Paula is about to open a new hardware store. She is making decisions regarding lighting, colors, and layout of merchandise. Paul
    9·1 answer
  • The monetary transmission mechanism works through the effects of changes in the money supply on:
    5·1 answer
  • Phil Johnson is the owner of a small firm that manufactures customized oil-drilling equipment. The company's manufacturing facil
    6·1 answer
  • You are the editor of a publishing company and are careful to register all of your books with the U.S. Copyright Office. One of
    13·1 answer
  • You own 100 shares of troll brothers' stock, which currently sells for $120 a share. the company is about to declare a 2-for-1 s
    11·1 answer
  • Which of the following statements is true? (A) Henry must report the $12,000 alimony received as income and Charlotte can claim
    10·1 answer
  • Business risk can encompass ___________
    15·1 answer
  • Payton Corporation provided the following information for the​ year: Beginning Balancelong dash​Work-in-Process Inventory $ 25 c
    15·1 answer
  • Allen Construction purchased a crane 6 years ago for $130,000. They need a crane of this capacity for the next 5 years. Normal o
    5·1 answer
  • employees whose main contribution to the organization is specialized knowledge, such as knowledge of customers, a process, or a
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!