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Bad White [126]
3 years ago
7

1. The discount rate is the interest rate the Fed charges on loans of reserves to banks.

Business
1 answer:
krek1111 [17]3 years ago
7 0

Answer:

1. True.

2. True.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

1. The discount rate is the interest rate the Fed charges on loans of reserves to banks.

2. The federal funds rate is the interest rate banks charge for overnight loans of reserves to other banks.

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Developing a pricing structure that encourages customers to buy additional services that they don't need in order to obtain the
SCORPION-xisa [38]

Marketing tactics include different actions. One is to develop a pricing structure that encourages customers to purchase additional services they don't need.

<h3>What is marketing? </h3>

Marketing is a concept that refers to all actions and activities related to market or commerce. Marketing has as its main purpose the analysis of the behavior of markets and consumers.

According to the above, marketing has ways to identify consumer purchasing trends and understands how buyers' thinking works. Marketing can develop strategies focused on the buyer acquiring goods or services that he does not need, one of them is prices or discounts.

Learn more about marketing in: brainly.com/question/3964664

6 0
3 years ago
If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day
mart [117]

Answer:

False

Explanation:

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tell us that the credit department is functioning efficiently and there are no past due accounts. This is a false statement.

7 0
3 years ago
3. Which part of a letter identifies the address of the person writing the letter
bulgar [2K]

Answer:

Return Address

Explanation:

There are primarily <u>7 parts of a letter</u> and these are the following:

<em>1. Letterhead/Heading (business) or Return Address (an individual)</em>

<em>2. Date</em>

<em>3. Inside Address</em>

<em>4. Salutation/Greeting</em>

<em>5. Body</em>

<em>6. Complimentary Close</em>

<em>7. Signature</em>

The "Return Address" refers to the <em>address of the sender.</em> This includes the name of the sender as well. This is very important especially if the letter requires a response from the recipient.

8 0
3 years ago
In the United States, African Americans, Native Americans, and Asian Pacific Americans are considered the largest ______ minorit
Murljashka [212]

In the United States, African Americans, Native Americans, and Asian Pacific Americans are considered the largest racial minority groups.

A minority group is a group of people who are less numerous than the major groups within those groupings in terms of their practices, color, religion, ethnicity, or other traits.

Racial minority groups are a group of people of a particular race who are underrepresented in comparison to a bigger group, the general public, etc.

However, the term "minority" in the 1990s typically refers to four significant racial and ethnic groups: African Americans, American Indians and Alaska Natives, Asians and Pacific Islanders, and Hispanics. In some states and regions, this change in America's racial and ethnic makeup is most obvious.

Because everyone has a unique perspective on everything, it is crucial to respect the opinions of all people, including those who do not belong to the majority, minority, or even just one single guy. Some people are upbeat, therefore depending on the situation, they may be in the majority or minority.

To know more about racial minority refer to:  brainly.com/question/28103602\

#SPJ1

8 0
2 years ago
9. Problems and Applications Q9 Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Th
den301095 [7]

Answer: False

Explanation:

The real interest rate is the nominal interest rate adjusted for inflation.

If the nominal interest rate was made with inflation in mind and this inflation is less than anticipated, the real rate will be higher not lower than expected.

For instance: Assume the nominal rate is 8% and the two parties assumed inflation would be 4%. Real rate would be:

= 8 - 4 = 4%

If inflation is instead 2%, real rate would be:

= 8 - 2 = 6%

Real rate would be higher than anticipated.

8 0
3 years ago
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