Answer:
b. Making decisions regarding monetary policy
Explanation:
The answers for the blank space are in bold.
There are 7 members of FOMc board. They decide which policy interest rate should be by consider the current economic growth from GDP and unemployment. Then, they vote for the desired rate.
The mechanism on managing the rate in the market is changing money supply in the market by using open market operation. they will sell the United State treasury securities to increase the money supply, and do otherwise to increase it.
->>>5.35%
( 1 + 0.0798) = (1+r) (1+h)
(1+r) = ( 1+0.0798 ) / ( 1 + 0.025) = 1.0535
r = 1.0535 - 1 = 0.0535
so answer is B 5.35%
Answer:
The net service revenue amounts to $686,000
Explanation:
The formula to compute the net service revenue is as:
Net Service Revenue = (Price - Trade discount) - Discount of 2%
where
Price is $800,000
Trade discount is $100,000
And the discount of 2%
Therefore,
NSR = ($800,000 - $100,000) -Discount of 2%
= $700,000 - 2% 0f $700,000
= $700,000 - $14,000
= $686,000
NOTE: The customer paid within 10 days so the customer is allowed for 2% discount on the amount.
FALSE. Cartels are NOT CORPORATIONS that control almost all of the production and sale of a single product.
A cartel is an agreement between competing firms to control prices of goods. They may also come into agreement to hinder the entry of a new competitor.
A cartel rises in an oligopoly. This means that few sellers are in the market and these sellers control the price and production of various goods.
