The federal reserve can manipulate the economy using the fiscal policy. The tools that it uses are interest rates and money supply.
In times of recession the federal reserve generally lowers the interest rates which stimulates the economy by allowing firms to borrow money at a cheaper price. Also, the consumers are encouraged to spend more. This leads to increase in production output and hence increase in employment rates.
To control the inflation, feds increases the interest rates, which decreases consumer spending and allow them to save more. Higher interest rates mean higher price of borrowing and therefore, inflation level decreases.
There are quite a few reasons that this difference could be
observed. The lower black median age could be connected to the greater number
of births in the black minority group than in the whites. Another reason could
be the aging of the non-Hispanic white group to a post child-bearing age and consequently
the general aging of this subgroup of the population. In general, differences
in group medians are due to the distribution of ages and the observed range of
the ages in the two dissimilar population groups.
Answer:
This question highlight regarding finding out the Flow time which were given as - Inventory / Time.
The repair shop is now dedicates that one elevator for routine and one for key. Now compute the Flow time for both cases.
Case 1: - For Routine Repairs: -
Inventory = 5
Time = 3 per hour.
Therefore, the Flow Time = Inventory / Time = 5/3 = 1.67 hours
Thus, the cars wait time at an average of 1.67 hrs. before being served at routine repairs.
Case 2: - For Major Repairs: -
Inventory = 3
Time = 1 per hour.
Therefore, Flow Time = Inventory / Time = 3/1 = 3 hours
Thus, the cars wait time at an average of 3 hrs. before being served at major repairs.
The correct option is B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses. A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.
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