Answer:
The main reason the New York Federal Reserve Bank President is always on the FOMC is due to the importance of the New York Federal Reserve Bank
Explanation:
The body of the Federal Reserve System responsible for making monetary policy is the Federal Open Market Committee, FOMC
The Fed's monetary policy are executed primarily through the New York Fed and the other Federal Reserve Banks. The New York Fed does this mainly through Permanent Open Market Operations, providing lending facilities, and performing quantitative easing so as to ensure that the Fed unemployment, inflation, and interest rates policy targets are archived
The New York Fed is the primary agent through which the Fed intervenes in foreign exchange markets. The New York Fed also carries out all Fed open market transactions, and therefore is about the most important bank in the FOMC
The New York Federal is also the only one of the Federal Reserve banks that is a member of the Bank of International Settlement, provide gold storage for other foreign central banks and a good number of the largest banks in the United States are located in the New York Federal Reserve district, as
The main reason the New York Federal Reserve Bank President is always on the FOMC is therefore due to its uniqueness and the special responsibilities, functions and capacities of the New York Federal Reserve Bank
Answer: Statement C and Statement D
Explanation:
A. A balance sheet reports assets liabilities and capital balances of an entity at a specific point of time.
B. An income statement reports on the revenues earned and the expenses incurred to earn those revenues for a period of one year.
C. Statement of equity reports changes in equity.
D. Cash flow statement shows inflow and outflow of cash from operating , investing and financing.
E. A balance sheet reports companies assets and liabilities at the end of the year.
Answer: my reaction would probably not be good
Explanation:
