Provides food assistance programs such as food stamps and school lunch programs
Answer: A. less; higher
Compared to money market accounts, CDs are less liquid and have higher interest rates.
Explanation:
Certificates of deposit (CDs) refer to a saving certificate issued by a federally chartered bank which has a fixed interest rate and fixed date of withdrawal (the maturity date). There exists restriction in accessing the funds until the maturity date of the investment. The maturity rates vary from 30 days to six months or more and the amount of the face value also vary greatly. Certificates of deposit (CDs) are less liquid and have higher interest rates. Interest rates are the amount charged by a lender to a borrower for using his or her assets.
Answer:
Federal Funds Rate:
d. rises when the quantity of funds demanded by banks seeking additional reserves exceeds the quantity supplied by banks with excess reserves.
Explanation:
Federal funds rate is the target interest rate set by the FOMC (Federal Open Market Committee) at which commercial banks with deficit reserves borrow and banks with surplus reserves lend their excess reserves to each other overnight without collateral. The rates are set eight times a year in line with prevailing economic situations. The rates are lowered to boost economic growth and reduce unemployment by increasing money supply. They are increased to check inflation.
Answer:
city A = 3 members in the committee
city B = members in the committee
city C = 4 members in the committee
Explanation:
City A: 18,000 people
City B: 21,000 people
<u>City C: 22,000 people</u>
total 61,000 people
A seat in the committee will be assigned for every 6,100 people
city A = 18,000 / 6,100 = 2.95 ⇒ city A will get 2 + 1 = 3 members in the committee
city B = 21,000 / 6,100 = 3.44 ⇒ city B will get 3 + 0 = 3 members in the committee
city C = 22,000 / 6,100 = 3.61 ⇒ city A will get 3 + 1 = 4 members in the committee
2 + 3 + 3 = 8, there were 2 remaining committee members that should be divided using the size of the remainders: 0.95 > 0.61 > 0.44
Answer: Yes it does
Explanation:
The investment advisors say that the market rarely declines three years in a row.
Since 1872, it has declined two years in a row 8 times and three years in a row, only twice.
This means out of 8 times, it declined twice. Percentage of times it declined was:
= 2 / 8 * 100%
= 25%
25% while not rare, is a good enough percentage to trust the advice of the investment advisors.
