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jarptica [38.1K]
3 years ago
11

What satellite television channel focuses on the interests of rural america

Business
1 answer:
solmaris [256]3 years ago
8 0
RFD-TV is the satellite television channel
You might be interested in
Suppose that the reserve requirement for checking deposits is 12.5 percent and that banks do not hold any excess reserves.
andriy [413]

Answer:

1) If the Fed sells $2 million of government bonds, the economy’s reserves Decrease by $2 million, and the money supply will Decrease by $16 million.

2) The money multiplier will remain unchanged. True

3) As a result, the overall change in the money supply will remain unchanged. True

Explanation:

1.) We have the reserve requirement for checking deposits as 12.5% with banks not holding any excess reserves.

To calculate Money Multiplier:

Money Multiplier = \frac{1}{required reserved ratio} = \frac{1}{0.125} = 8

If the Fed sells $2 million of bonds, reserves will decrease by $2 million and the money supply will decrease by 8 x $2 million = $16 million.

2) and 3) Now the Fed lowers the reserve requirement to 10 percent, but banks choose to hold another 2.5 percent of deposits as excess reserves.

To calculate Money Multiplier:

Money Multiplier = \frac{1}{required reserved ratio} = \frac{1}{0.1+0.025} = 8

Money multiplier is 8 same as in 1) Therefore the statements: "The money multiplier will remain unchanged" and "As a result, the overall change in the money supply will remain unchanged" are both True.

5 0
3 years ago
Bakerston Company is a manufacturing firm that uses job-order costing. The company's inventory balances at the beginning and end
Jet001 [13]

Answer:

<u>a schedule of cost of goods manufactured</u>

Direct Raw materials                                    $281,000

Direct Labor                                                  $377,000

Indirect Raw materials                                  $26,000

Indirect Labor                                                $96,000

Factory utility costs:                                       $10,000

Depreciation - factory operations               $120,000

Add Opening Work In Process                     $27,000

Less Closing Work In Process                       ($9,000)

cost of goods manufactured                        $928,000

Under Recovery = $14,000

Explanation:

a. Prepare a schedule of cost of goods manufactured.

Raw Materials Used in Manufacturing = $14,000+$315,000-$22,000

                                                               = $307,000

<u>a schedule of cost of goods manufactured</u>

Direct Raw materials                                    $281,000

Direct Labor                                                  $377,000

Indirect Raw materials                                  $26,000

Indirect Labor                                                $96,000

Factory utility costs:                                       $10,000

Depreciation - factory operations               $120,000

Add Opening Work In Process                     $27,000

Less Closing Work In Process                       ($9,000)

cost of goods manufactured                        $928,000

b. Was the manufacturing overhead under- or overapplied

Factory Overheads Applied = Predetermined Rate × Actual Activity

Predetermined Rate = Budgeted Overheads/ Budgeted Activity

                                  = $231,000/33,000 machine hours

                                  =$7.00 per machine hour

Factory Overheads Applied = $7.00 × 34,000 machine hours

                                              = $238,000

<u>Actual Overheads </u>

Indirect Raw materials                                  $26,000

Indirect Labor                                                $96,000

Factory utility costs:                                       $10,000

Depreciation - factory operations               $120,000

Total                                                              $252,000

Actual Overheads $252,000 > Factory Overheads Applied $238,000

Under Recovery = $14,000

5 0
3 years ago
Which of the following is an example of the use of fiscal policy by the U.S. government? A. Congress makes it illegal for the po
Sloan [31]

Answer:

B

Explanation:

<u>The two major examples of expansionary fiscal policy are tax cuts and increased government spending. Both of these policies increase aggregate demand while contributing to deficits or drawing down of budget surpluses. They are typically employed during recessions or amid fears of one.</u>

4 0
3 years ago
Read 2 more answers
Two power plants provide power to Chapel Hill residents: plant UNC and plant Duke. Both plants burn coal to produce electricity,
Sveta_85 [38]

Answer:

a. The socially efficient levels of abatement for UNC power plant is 10.

Explanation:

Note: See the attached Microsoft word file for the calculations of the anwers above.

7 0
3 years ago
Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls,
Lelechka [254]

Answer:

1.33 walls

1 wall

Explanation:

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

My doing he outlet, the opportunity to paint is forgone

Amy = 8/6 = 1.33

Bill = 5/5

3 0
3 years ago
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