All categories

2 years ago

Classify each statement about the Federal Reserve System as either true or false.

Business

1 answer:

IceJOKER [234]2 years ago

8 0

Answer:

1. The Federal Reserve was established by the U.S. Constitution in the late 1700s

Classification: False

2. The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates.

Classification: True

3. All Federal Reserve actions are subject to veto by the executive branch.

Classification: False

4. The Federal Reserve determines monetary policy in the United States.

Classification: True

5. The Federal Reserve was created by the Federal Reserve Act of 1913.

Classification: True

You might be interested in

Jim agrees orally with West Bank to guarantee a loan that West Bank will make to Susan to purchase an existing restaurant upon S

andrew-mc [135]

Answer: false

Explanation:

The statute of frauds requires some specific contracts types to be executed in writing. According to the statute, the contracts covered include agreements that involve goods worth over $500,

contracts for land sale, and also contracts that last for either one year or more.

Based on the scenario above, it is false as Jim's guaranty agreement with West Bank is enforceable under the Statute of Frauds

5 0

2 years ago

A budget based on several different levels of activity, often including both a best-case and worst-case scenario, is called a:

Kaylis [27]

Answer:

Flexible budget.

Explanation:

7 0

2 years ago

Read 2 more answers

Functions of Financial Markets. Look back at Section 2.3 and then answer the following questions: (LO2-3) a. The price of Yum! B

Aleonysh [2.5K]

Answer:

It seems that someinformation is missing, nevertheless, it is possible to calculate the market value of the firm if you have the total number of shares.

Explanation:

In this case, if the question says that the "outstanding shares" haven't changed, it means that the total number of shares neither, therefore it is possible to get the market value by multiplying $180 (the stock price for 1 share) per the total number of shares

5 0

2 years ago

How do cellphone companies promote their product?

lord [1]

Answer:

they promote there company by advertising the product making commercial

7 0

2 years ago

Read 2 more answers

Valorous Corporation will pay a dividend of $2.00 per share at this year's end (at t = 1) and a dividend of $2.50 per share at t

seraphim [82]

Answer:

The maximum price that should be paid for one share of this stock today is $46.86

Explanation:

Using the dividend discount model, we can calculate the price/fair value of the stock today. The DDM bases the price of the stock on the present value of the expected future inflows from the stock in the form of dividends and terminal value. The discount rate used to discount the cash flows is the cost of equity or required rate of return on stock.

The price of this stock at time zero (t=0) will be,

Prcie = 2 / (1+0.08) + 2.5 / (1+0.08)^2 + 50 / (1+0.08)^2

Price = $46.86

8 0

2 years ago