Answer:
The reserve ratio - The Federal Reserve Bank increases the share of total deposits that banks can legally loan.
The reserve ratio is the percentage of deposits that banks have to keep as reserve and cannot loan. If the fed lowers the reserve ration, it means that banks can loan a higher share of the total deposits that they store.
Open-market operation - The European Central Bank purchases bonds from commercial banks.
In Open-market operations, central banks purchase bonds and other securities in the open market in order to lower the interest rate, or they sell securities in order to raise the interest rate.
The term auction facility - The Federal Reserve requests secret bids from banks for the right to borrow money.
The term auction facility is a program in which the Federal Reserve bids loans under special conditions to bidding banks.
The discount rate - The central bank decreases the rate that it charges to commercial banks for loans.
The discount rate is the rate at which central banks loan money to commercial banks.
Answer: Jane has been discriminated against because she is female.
Explanation:
From the question it can be deduced that Jane has been paid lower because of her gender.
Jane and John possesses the same level of qualification, job experience and age but John is paid higher based on his gender and sister paid lower, which is an example of gender discrimination.
Answer:
C) functional authority
Explanation:
In this scenario, the quality control team has functional authority because this is when a department of the company is responsible for controlling a specific process or activity that is performed by another department. Because of this authority, the quality control team can ask the production manager to change one of the suppliers of leather.
Answer: B. 20 fewer tons of pollution into the air, and Firm B will emit 100 fewer tons of pollution into the air.
Explanation:
If Firm B uses the pollution permits as assigned, it would have to spend $6000 for pollution elimination (60 tons, $100 each). If Firm A uses only the pollution permits assigned, it would have to spend $12000 for pollution elimination (60 tons, $200 each).
However, if firm B sells all 40 permits to firm A, as long as the value of each permit is higher than $100 and lower than $200, firm B could make a profit, and firm A could save money.
In that case, firm A could emit 80 tons of pollution into the air, and firm b could avoid emitting any pollution.
Answer:
The old machine should be replaced.
Explanation:
Note: See the attached excel file for the the analysis showing whether the old machine should be retained or replaced.
From the attached excel file, the following calculation are made:
Variable Manufacturing cost of Retain = Initial Variable Manufacturing cost * remaining useful life of old machine = $592,600 * 5 = $2,963,000
Variable Manufacturing cost of Replace = New Variable Manufacturing cost * Remaining useful life of new machine = $505,500 * 5 = $2,527,500
From the attached excel, it can be observed that the total cost of Retain is $32,200 higher than the total cost of Replace. This therefore implies that the old machine should be replaced.