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3 years ago

13

You just got a job and plan to spend your earnings on clothes and entertainment. What kind of bank account would be best for you

?

2 answers:

katrin2010 [14]3 years ago

6 0

Answer: A Checking Account

Explanation: This will allow transactions to be smooth and easy.

masha68 [24]3 years ago

6 0

Answer:D. checking account

Explanation: a. p. e. x.

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International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower t

Elden [556K]

Answer:

International flows of funds can affect the Fed's monetary policy. For example, suppose that interest rates are trending lower than the Fed desires. If this downward pressure on U.S. interest rates may be offset by <u>outflows</u> of foreign funds, the Fed may not feel compelled to use a <u>tight </u>monetary policy.

Explanation:

A Tight Monetary Policy is when the central bank tightens policy or makes money tight by raising short-term interest rates through policy changes to the discount rate, also known as the federal funds rate. Boosting interest rates increases the cost of borrowing and effectively reduces its attractiveness.

Outflows of foreign funds or the flight of assets occurs when foreign and domestic investors sell off their holdings in a particular country because of perceived weakness in the nation's economy and the belief that better opportunities exist abroad.

The reasoning is as follows, the rate is down in the USA so holders of assets look for better rates abroad as a consequence there is less money in the US domestic economy and automatically the rate tend to rise (remember that interest rate is the price of money). If there is less supply of something the price of that something will go up (ceteris paribus). The same thing will happen to the interest rate without the intervention of the FED.

7 0

4 years ago

The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it

Natalka [10]

Answer:

$13,000

Explanation:

Calculation for what The ending balance of the Work in Process Inventory account for the Fabricating Department is:

Beginning Balance 10,000

Add Direct Materials 76,000

Add Direct Labor 24,000

Add Factory Overheads 12,000

(50% *24,000)

Less Work Transferred (109,000)

Ending Balance $13,000

Therefore The ending balance of the Work in Process Inventory account for the Fabricating Department is:$13,000

6 0

3 years ago

On January 1, 2018, Earnest Company purchased equipment and signed a sixminusyear mortgage note for $ 110 comma 000 at 15%. Th

GarryVolchara [31]

Answer:

D. $ 16 comma 619

Explanation:

Mortgage Installment is compromised of the interest and principal payment. The principal value is calculated by deducting the interest on opening balance of mortgage from installment of the year.

Mortgage Amortization schedule

Date Installment Interest Principal Balance

January 1, 2018 110,000

January 1, 2019 29,066 (110,000x15%) 16500 12,566 97,434

January 1, 2020 29,066 (97,434x15%) 14,615 14,451 82,983

January 1, 2021 29,066 (82,983x15%) 12,447 16,619 66,364

7 0

3 years ago

How is the federal income tax a progressive tax?

natima [27]

It is because you always have to pay it. The federal income tax is what the govt charge to take care of United States. It will never go away, you will always have to pay it. That is why it is called a progressive tax.

6 0

3 years ago

____Can speed up the alcohol absorption

mel-nik [20]

bread!!! hope it helps

6 0

4 years ago