Answer:
D. is the rate that banks charge each other for short-term loans of excess reserves.
Explanation:
The federal reserves require banks to maintain a certain amount in their vaults to cater for possible withdraws. At the close of business every day, banks have to confirm they have the required amount. Should a bank fail to meet the requirement, it can borrow from other banks that have a surplus. The interest rate that banks charge each other for these transactions is the fed fund rate.
The Fed set the fund rate. It may increase or decrease it depending on the prevailing market condition. The banks use the fund rate set to determine the interest rates to be charged on loans and mortgages. A high fund rate means high-interest rates.
Answer:
Correct Answer:
4. Build beyond the property line of the land
Explanation:
Fee simple absolute is an estate in land, which is a form of freehold ownership. It is a way that real estate and land may be owned in common-law countries. And, also is the highest possible ownership interest that can be held in real property.
Answer:
The correct answer is: Manufacturers use predetermined overhead rates to allocate to production jobs the production costs that are not directly traceable to specific jobs.
Explanation:
If we are able to trace a cost directly to a product we will not include it in manufacturing overhead. Manufacturing overhead was created to allocate costs that are not directly traceable to a product. It helps manufacturers to allocate costs with certain precision.
Answer Choices:
A. is staffed by accountants, economists, tax lawyers
B. keeps Congress well informed on international affairs
C. was created by Article III of the Constitution
D. consents to treaties and trade agreements negotiated by the President
Answer:
A.
