Answer:
The Federal Reserve is the central bank of the United States. It is the bank for other banks and the banker to the government.
It functions include:
a) Acts as a banker's bank to clear checks, provides deposit services for banks, and facilitates smooth payment and settlement system.
b) As the banker's bank, it supervises and regulates member banks in order to protect consumers and maintain a healthy economy. It also protects banks by ensuring they adhere to regulations and best practices.
c) It uses open market operations to target the supply of money in the economy by ensuring that the monetary policy of the government is carried out, especially with respect to inflation and deflation. It uses interest rates and reserve rates to achieve this control.
d) It is the government's bank, offering banking services to the government, as other banks offer to corporations, institutions, and individuals.
Explanation:
It is not the function of the Federal Reserve to change tax rates to stabilize business cycles. This is the government's prerogative, acting with Congress. What the Federal Reserve changes is the interest and reserve rates.
The Federal Reserve does not have powers to increase government expenditures on infrastructure. It does not provide banking services to larger corporations directly. Instead, it provides banking services to the governments.
Answer:
Homeowners insurance, assuming Laura owns the house.
Explanation:
Homeowners insurance most often is what covers personal injury and liability claims if someone is injured in your house.
Just as a side note, if Laura is renting the home the landlord would need the homeowners insurance, not Laura.
Answer:
$84,000
Explanation:
The computation of the ending inventory using the FIFO method under the periodic inventory system is shown below:
Since 7,000 units are on hand which represents the 7,000 units are taken from the August 28 date for $12 each i.e
= 7,000 units × $12
= $84,000
By dividing the 7,000 units at $12 each we can get the ending inventory
Interest has to be paid...
Answer:
The answer is introduction stage
Explanation:
Product life-cycle is the life of a product from its introduction to its death or non-existence. It has four stages - Introduction, growth, maturity and decline.
Product strategy focus on process modifications as the product is being "fine-tuned" for the market should happen at the introduction stage because here the product is entering for the first time. The product should be fine-tuned at this stage for customers to have good perception about the product.
