Answer:
Option A
Explanation:
Less elastic Demands means ,there will be less effect on the demand of a product if the price of product changes.
The correct answer is option B.
The board of governors make decisions regarding changes in the discount rate.
<h3><u>
What is board of governors?</u></h3>
- The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C.
- It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
- In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run.
- The FOMC, the section of the Federal Reserve that determines monetary policy, includes all of the Board members.
- The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.
When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.
Know more about board of governors with the help of the given link:
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Answer:
$6,014,384
Explanation:
Break even point is the level at which a firm makes neither profit nor a loss. This is the point where Profit = $0.
Break even units = Fixed Costs ÷ Contribution per unit
therefore,
Break even units = $3,236,000 ÷ ($184 x $85)
= 32,687 units
thus,
Breakeven Sales = 32,687 units x $184 = $6,014,384
Answer:
https://quiz let.co m/96700748/chapter-4-flash-cards/
Explanation:
Link above provides answers
( Don't copy paraprashe)
Answer:
On the transfer of the building,
Appreciation of building = FMV - Adjusted Basis
= $50,000 - $10,000
= $40,000
WFI has taxable transaction and gain recognition of $40,000.
On the transfer of the land,
Appreciation of land = FMV - Adjusted Basis
= $150,000 - $90,000
= $60,000
WFI has taxable transaction and gain recognition of $60,000.
