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S_A_V [24]
3 years ago
14

Classify each statement about the Federal Reserve System as either true or false.

Business
1 answer:
IceJOKER [234]3 years ago
8 0

Answer:

1. The Federal Reserve was established by the U.S. Constitution in the late 1700s

Classification: False

2. The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates.

Classification: True

3. All Federal Reserve actions are subject to veto by the executive branch.

Classification: False

4. The Federal Reserve determines monetary policy in the United States.

Classification: True

5. The Federal Reserve was created by the Federal Reserve Act of 1913.

Classification: True

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You are interested in hiring an ergonomics consultant to evaluate your employees' desks and chairs. You research four consultant
spin [16.1K]

Answer:

#3

Explanation:

Ergonomics consultant #1 has a price of $35 and positive feedback of 80%.

Ergonomics consultant #2 has a price of $40 and positive feedback of 100%.

Ergonomics consultant #3 has a price of $100 and positive feedback of 75%.

Ergonomics consultant #4has a price of $30 and positive feedback of 90%.

Comparing, we can deduce that Ergonomics consultant #3 has the highest prices and lowest positive feedback rating.

5 0
4 years ago
On what does the quantity of real GDP supplied​ depend? The quantity of real GDP supplied depends on the​ _______.
Advocard [28]

The quantity of real GDP supplied depends on the quantity of labor​ employed, the quantity of physical and human​ capital, and the state of technology

Option C

<u>Explanation: </u>

The production of real GDP depends on the labor market; on money, human capital and technical state; on land and natural resources; on creative ability.

It is the cumulative amount of finished product and service that U.S. companies intend to manufacture. It depends on how much labor, money, human capital and technical requirements as well as on land and natural resources and market expertise is hired.

When all other effects on output schedules remains constant, the relationship between the amount of actual GDP provided and the level of prices will continue. It occurs if, at the crossroads of the AD and AS curvature, the amount of real GDP demanded is the same.

3 0
3 years ago
Eric used his credit card at an ATM to withdraw $50 of cash which type of loan did he use
Sati [7]

Answer:

C

Explanation:

4 0
3 years ago
Transaction C I G X M Paolo buys a new set of tools to use in his plumbing business. Kenji buys a sweater made in Guatemala. Luc
Anvisha [2.4K]

Answer:

Paolo buys a new set of tools to use in his plumbing business. I: Paolo is investing in his plumbing business by purchasing tools.

Kenji buys a sweater made in Guatemala. M: Kenji is purchasing an imported good which decreases the GDP.

Lucia gets a new video camera made in the United States. C: Lucia's purchase increases private consumption.

Kenji's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China. X: Kenji is exporting services to an Australian firm.

The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. G: the state government spent money on repaving a highway.

8 0
3 years ago
Which of the following contributed to the financial crisis of 2008?
yarga [219]

All of the above given options contributed to the financial crisis of 2008.

Option D

<h3><u>Explanation:</u>  </h3>

The 2008 financial crisis has been cumulative of many factors which started in early 2000. Over the period of time from 2000-2008, the government sought to reduce federal funds rates increasing liquidity. The interest rates started increasing and the real estate market was at its saturation point, furthermore, there was also a subprime crisis in terms of loans and mortgages which negatively affected the market.

2008 recession was the climax of all the bad financial decisions that prevailed for many years prior. However, the recession was a global problem and many governments sought to reduce rates, purchased distressed assets and also sought to the nationalization of some financial institutions.

5 0
3 years ago
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