Consumers should be concerned about high interest rates because high interest rates equals to higher interest/ more money that needs to be paid.
Answer:
C. Reducing the reserve requirement on banks
Explanation:
The Federal Reserve( Fed) expects commercial banks to maintain a percentage of customer deposits in their custody. The amount that the banks keep is known as reserves. The Fed sets the percentage of deposits to be held as reserves. The Fed may adjust this percentage in line with its monetary objectives.
By reducing the reserve requirements percentage, commercial banks remain with a bigger portion of deposits that they lend out. It means banks will issues out more loans to customers. An increase in lending adds more money to the economy. Reducing the reserve requirement increases the money supply in the country.
Answer and Explanation:
Margin trades work this way because they allow them to extend the amount of money invested regardless of whether the security's price drops or rises. In a more simplified way, we can state that the margin trade allows that even if the price of a security goes up or down, the invested money presents a percentage of gain or loss much bigger than the original value. This is because this money was deposited as a loan guarantee, allowing interest to run on it, increasing it.
Competitive pay is pay that is comparable to or better than the market value of a position.
Answer: $279,000
Explanation:
Accrued revenue and expenses should be accounted for because they have been realized and incurred in the current period.
Used insurance and depreciation should be accounted for as the expenses they are and rent revenue earned should be treated as revenue.
Pretax income after adjustments:
= Pretax income + Accrued sales revenue + rent revenue - Depreciation - Accrued expenses - Insurance
= 300,000 + 36,000 + 2,000 - 38,000 - 17,000 - 4,000
= $279,000
