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3 years ago

The Federal Reserve System consists of ____________

Business

1 answer:

Zinaida [17]3 years ago

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Answer:

Option C

Explanation:

The Federal Reserve System consists of the following

a) Board of Governors - It is a central authority located in Washington, D.C.

b) 12 Federal Reserve Banks -Federal Reserve Banks are decentralized or independent and are also spread through out the USA.

Hence, option C is correct

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Suppose you have a monthly entertainment budget that you use to rent movies and purchase cds. you currently use your income to r

Lelu [443]

You are not maximizing utility, because the marginal utility per dollar spent renting movies is not equal to the marginal utility per dollar spent on CDs. We will maximizing utility when the consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.

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4 years ago

Bricktown Exchange purchases a copyright for $50,000. The copyright has a remaining legal life of 25 years, but only an expected

son4ous [18]

Answer:

Correct option is (D)

Explanation:

Given:

Purchase price of copyright = $50,000

Expected useful life = 5 years

Annual depreciation expense as per straight line method:

= Purchase price ÷ useful life

= 50,000 ÷ 5

= $10,000

Only useful life is considered and not legal life.

Carrying value of asset at the end of year = Book value of asset - annual depreciation

Carrying value of copyright at then end of first year = 50,000 - 10,000 = $40,000

Carrying value of copyright at then end of second year = 40,000 - 10,000 = $30,000

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4 years ago

Bill and Edna are married and file a joint tax return in 2021. What is their applicable threshold for the Â§ 199A pass-through d

gladu [14]

Considering the situation described above, the applicable threshold for the A 199A pass-through deduction is "$326,600."

This is according to the IRS (Internal Revenue Service), which stated that for the taxable year 2021, the amounts is given as:

Married Filing Jointly Threshold: $326,600;

Phase-in Range: above $326,600 up to $426,600;

All others Threshold: $163,300;

Phase-in Range: above $163,300 up to $213,300.

Therefore, given that Bill and Edna are filing jointly as a married couple, then the applicable threshold for the A 199A pass-through deduction is "$326,600."

Hence, in this case, it is concluded that the correct answer is "$326,600."

Learn more about tax returns here: brainly.com/question/2135349

7 0

3 years ago

Why does Raw meat need to be stored on the bottom shelf

stepladder [879]

So juices don’t drip on other food and cause cross-contamination

8 0

3 years ago

Read 2 more answers

An increase in the price of a substitute good will cause the equilibrium price of its substitute to _______ and the equilibrium

irinina [24]

Answer:

(b). Increase ; Decrease

Explanation:

When the price of a substitute good rises, then it becomes more profitable for suppliers to shift to the other good. Therefore the supply of given good decreases, and the supply curve shifts leftward.

For example, if you're a textile manufacturer who produces cotton and silk clothes if the price of silk rises you'll reduce cotton production to divert resources towards silk. Therefore the demand for cotton clothes reduces.

Due to the leftward shift of the supply curve, the equilibrium price increases and equilibrium quantity decreases.

So we can conclude that an increase in the price of a substitute good will cause the equilibrium price of its substitute to increase and the equilibrium quantity to decrease.

Hence, the option (b) is the correct option.

6 0

3 years ago