Classify each of the tasks according to whether or not they are tasks of the Federal Reserve.
Answers
Task of Federal Reserve
- Managing the United States money supply
- Acting as a lender of last resort
- Engaging in the monetory policy
Not Task of Federal Reserve
- Creating the federal budget
- Minting coin currency
- Engaging in fiscal policy
- Managing Europe's money supply
The main responsibility of the Federal Reserve (also known as the Fed) is to manage the quantity of money in the United States economy to engage in monetary policy. In addition to this (rather enormous) task, the Fed also acts as a lender of last resort for banks, since they play a key role in the economy translating savings to investment. The Fed also has several lesser‑known everyday responsibilities, such bank supervision.
There are other central banks that perform similar functions for other areas of the world. For example, Europe's money supply is managed by the European Central Bank (ECB). There are also other institutions in the United States that handle other important tasks for our economy. For example, minting coin currency is the job of the United States Mint, and fiscal policy, which also involves crafting the federal budget, is taken care of by the president and Congress.
The significance of a central bank lies in its function of managing the monetary system of the country, internally as well as externally. By the nature of its business, the central bank is intimately connected with the banking system and money market of the country and can definitely regulate the monetary system of country in the general interest of the nation.
Managing the united states money supply / Minting coin currency: The Federal Reserve Board is the issuing authority for Federal Reserve notes and ensures that there is enough cash in circulation to meet the public's demand. The Federal Reserve Banks distribute, receive, and process Federal Reserve notes and distribute and receive coin through depository institutions. Central bank now-a-days has the monopoly of note-issue in every country. The currency notes printed and issued by the central bank are declared unlimited legal tender throughout the country. Central bank has been given exclusive monopoly of note-issue in the interest of uniformity, better control, elasticity, supervision, and simplicity. It will also avoid the possibility of over-issue by individual banks.
Acting as a lender of last resort: Central bank is the lender of last resort, for it can give cash to the member banks to strengthen their cash reserves position by rediscounting first class bills in case there is a crisis or panic which develops into ‘run’ on banks or when there is a seasonal strain. Member banks can also take advances on approved short-term securities from the central bank to add to their cash resources at the shortest time.
Engaging in the monetory policy: The Central Bank set interest rates to target low inflation and maintain economic growth. Every month the MPC will meet and evaluate whether inflationary pressures in the economy justify a rate increase. To make a judgement on inflationary pressures they will examine every aspect of the economic situation and look at a variety of economic statistics to get a picture of the whole economy
Creating the federal budget / Engaging in fiscal policy: Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty. It is generally the task of government of the country to create budget and fiscal policy.
Managing Europe's money supply: Money supply of Europe will be managed by the central bank of Europe, not the US central bank and the US cannot influence the decision making process of Europe's central bank.
Related Questions
How can knowing the opportunity cost help you make a better decision
Answers
Answer:
Explanation:
With the opportunity cost, you will consider the fact that when you make a choice, you have to sacrifice other options. This helps make more economically accurate decisions that maximize your resources.
How do political candidates get their message
out?
Answers
Answer:
political candidates get their message out through campaigns
How did Governor Talmadge support white supremacy?
A. He was a member of the KKK.
B. He was a civil rights advocate.
C. He promoted racial segregation.
D. He opposed school segregation.
Answers
Answer:
d. he opposed school segregation
Explanation:
Comparing the costs in time and resources with the benefits is an important step in
implementing a program that has become law
reducing funding from a local or state budget
deciding whether to add a new public official
analyzing the effectiveness of a public policy
Answers
The comparison of costs in time and benefits from the resources is considered an important step in reducing funding by preparing a local or state budget.
What is a budget?A budget is a forecasted plan of revenues and expenses. There are various types of budgets like master budget, material budget, expenses budget, etc.
Budgeting is the process that helps the government to reduce its spending and minimize costs with the creation of revenues. A budget enables them to identify where to spend more and where to spend less. It also helps in analyzing where to save money. It helps the government to allocate the funds in the right direction which could reduce the funding and increase the revenues.
Therefore, the reduction in funds can be done by having a planned budget which is an important step in comparing costs and having benefits.
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Answer:
Reducing funding from a local or state budget
Explanation:
my mind suddenly went blank
Answers
Answer:
You can write some goals you have for this year? I don't think anyone can answer these questions but you
Explanation:
what is not attribute of economy indication
Answers
Answer:
An economy indication is an economic statistic, such as the unemployment rate, GDP, or the inflation rate, which indicate how well the economy is doing and how well the economy is going to do in the future.
Key takeaways:
An economic indicator is a macroeconomic measurement used by analysts to understand current and future economic activity and opportunity.
The most widely-used economic indicators come from data released by the government and non-profit organizations or universities.
Indicators can be leading—which tend to precede trends, lagging—which confirm trends, or coincident—that which is happening now.
So, think about what isn't important information. What data don't you need? Do you need to know the avg income of the city or state etc.? The population? The percent of female or male? Birthrate? Think about it
I hope this helped
Identify and describe three types of competition and give an example of each
Answers
The types of competition in sociology are pure and limited competition, absolute and relative competition, personal and impersonal competition and creative and non-creative competition.
What is competition, and what are some examples?A rivalry occurs when two or more parties strive for a common goal that cannot be shared: one's gain is the other's loss.
Competition, like cooperation, occurs at the individual, group, and organizational levels. The personal competition includes people competing for affection, a promotion, or public office.
Thus, these are the types of Competition in Sociology.
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How has the country of Japan and the people who live there been affected by
the 2011 earthquake and tsunami?
Answers
Answer:
An estimated 20,000 people were dead or missing and close to 500,000 people were forced to evacuate. In addition, a nuclear power plant meltdown triggered a nuclear emergency. The direct economic loss from the earthquake, tsunami, and nuclear disaster is estimated at $360 billion.
What was one good thing to come out of the Articles of Confederation?
Select one:
a. The Northwest Ordinance of 1787.
b. The ability to raise and maintain an army.
c. The creation of a Presidency.
d. The creation of a federal court system.
Answers
Answer:
B.) The ability to raise and maintain an army.
The primary advantage that the Articles of Confederation provided was its ability to maintain the independence and sovereignty of each state within the union. The states could use these articles to band together to send ambassadors to other nations overseas, and handle territory issues
Explanation:
Have a great rest of your day
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Which advancements were made in mathematics and algebra during the Renaissance? Choose four correct answers.
□ the invention and use of zero
□ the decimal point and the fraction bar positive and negative numbers
□ symbols to represent repeated numbers
□ the use of a letter for an unknown number
□ symbols for equals, multiplication, and division
Answers
Answer:
Perhaps the most significant development of mathematics during the Renaissance was the invention of infinitesimal calculus by Newton and Leibniz, at the end of the 17th century. This refers to the study of change based around limits, differentials and integration.
Explanation:
1. Define the human rights violation that you have chosen human trafficking
Answers
Answer:
it is the infringement of the right of a person
Who were the Afrikaners in South Africa? white people whose families came from Dutch colonists black people whose families came from Dutch colonists white people whose families were originally from South Africa black people whose families were originally from South Africa
Answers
Answer:
white people whose families came from Dutch colonists
Explanation:
afrikaners are a South ethic group descended from 17th century Dutch, German and French settlers to South Africa
The Southern Leadership Conference adopted which policy in the handling of civil rights activism?
Answers
Answer:
Terms in this set (17) (Southern Christian Leadership Conference) Set out to eliminate segregation from American society and to encourage African Americans to register to vote.
“The right of citizens of the United States, who are eighteen years of age or older, to vote shall not be denied or abridged by the United States or by any State on account of age.”
Which of the following reflects the source and impact of this quote?
A. The 19th amendment protects the right to vote for all legal adults. Before this amendment, voters had to not only be an adult but also serve in the armed forces and be a high school graduate before they could vote.
B. The 26th amendment protects the right to vote for all legal adults. Before this amendment, young adults could be in college or even serving the military in combat but not be eligible to choose their leaders for a few years.
C. The 19th amendment prevents states from allowing minors to vote. Before this amendment, widespread voter fraud was an issue throughout the states, as parents would vote multiple times using their children's names.
D. The 26th amendment prevents states from allowing minors to vote. Before this amendment, candidates directed their campaigns at children and teens through cartoons rather than focusing on real political issues.
Answers
Answer:
D
Explanation:
D. The 26th amendment prevents states from allowing minors to vote. Before this amendment, candidates directed their campaigns at children and teens through cartoons rather than focusing on real political issues.
why is it important to protect people whose rights have been violated ?
Answers
Answer:
Because the bible says We the People which means us.
Explanation:
Hope it Helps
mysterious in the world that can't solve.
Answers
Jack the Ripper terrorized London. A scene from Jack The Ripper, 1959. ...
The Black Dahlia's grisly death captured headlines. ...
The Zodiac Killer taunted police with clues. ...
4 and 5. ...
JonBenet Ramsey was found dead in her family home.
Answer:
Great Pyramid of Giza, Egypt.
Hanging Gardens of Babylon.
Statue of Zeus at Olympia.
Temple of Artemis at Ephesus.
Mausoleum at Halicarnassus.
Colossus of Rhodes.
Lighthouse of Alexandria.
Explanation:
i hope this helped you
What is the benefit in reaching the absolute advantage in the production of one good?
to produce more units of a good than other countries
• to produce fewer units of a good than other countries
® to produce more units of a good while usina fewer resources
® to produce fewer units of a good while using fewer resources
Answers
® to produce more units of a good while using fewer resources
Which of the following is not an important use of writing?
A) It allows information to be passed from generation to generation.
B) It allows information to be spread across great distances.
C) It enables people to read literature.
D) It helps people to speak more clearly.
Answers
Answer:
A) It allows information to be passed from generation to generation.
if it is not the second one it could be it
D) It helps people to speak more clearly.
Hope this Helps
Suppose Robina Bank receives a deposit of $54,589 and the reserve requirement is 6%. Answer the questions using this information. Round your answers to two decimal places.
What is the amount that Robina Bank must keep on hand as required by the Federal Reserve (Fed)?
keep on hand: $__________
What is the amount that Robina Bank must have in excess reserves from this initial deposit?
excess reserves: $__________
What is the total change in the M1 money supply from this one deposit?
total change: $__________
Answers
1. Reserve requirement is 6% of $54,589 => $3,275.34
required reserves= initial deposit× reserve requirement
2. Excess reserve = Initial deposit - required reserve
excess reserves=$54,589−$3,275.34=$51,313.66
This is available for providing loans by bank.
3. Money multiplier = 1 / reserve requirement
Change in money supply = Money multiplier x excess reserves
change in M1=(1 / 0.06)×$51,313.66=$855,227.67
So as you can see, the excess reserves of $51,313.66 from one initial deposit of $54,589 generate a total change in the M1 money supply of $855,227.67 after multiple rounds of lending.
please help! I’ll give brainliest!
Answers
Answer:
see below
Explanation:
C
Which of the following countries is least likely to hold free and legitimate elections by its citizens, based on this map?
Mexico
Belarus
Tanzania
Columbia
Answers
Belarus is least likely to hold free and legitimate elections by its citizens, based on this map.
What is Belarus?Eastern European country of Belarus, officially known as the Republic of Belarus, is a landlocked country.
In the northwest, it borders Lithuania and Latvia; in the south, Ukraine; in the west, Poland; and in the east and northeast, Russia.
Belarus is the 20th-most populous and 13th-largest country in Europe, with a population of 9.3 million and an area of 207,600 square kilometers (80,200 square miles).
The entire country is divided into seven administrative regions. Minsk is the nation's capital and largest city.
What is Election?A formal process of communal decision-making, an election is how a population choose a person or people to hold public office.
Since the 17th century, elections have been the primary method used to carry out representative democracy in modern times.
Elections may be held to fill legislative, occasionally executive, occasionally judicial, and occasionally regional and municipal positions.
Numerous other private and commercial organizations, including clubs, nonprofit organizations, and corporations, also use this procedure.
Hence, option B is correct.
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what are the 4 main structures of the senate?
Answers
Censure.
Contested Senate Elections.
Declarations of War.
Expulsion.
Filibusters and Cloture.
Impeachment.
Investigations.
Nominations.
Wind is a renewable energy resource and there are no fuel costs.
T OR F
NO LINKS
Answers
Answer:
I think it's T
because it's a renewable energy resources indeed.
What is society ? why do we need it ?
Answers
a particular community of people who share the same customs , laws etc
Answer:
Explanation:
Society is the world around us. If we didn't have a society, we'd be all on own and somewhat useless. We need society for living and breathing. You need people to be around. You need people to work for, help you, etc. Society might seem very bad atm, but it will slowly get better.
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For each statement determine if it is a characteristic of a lease or a purchase of a vehicle buying a vehicle leasing a vehicle.
Answers
Answer:
nobremod/nobremod nobremod/nobremod
In this unit, you studied human personality. One of the things you had to consider is the role human difference plays in the development of personality. However, you also had to consider the role of similarity in determining and theorizing about personality. Now, write a 250-word essay in which you argue whether or not you feel it is more important that researchers focus on individual difference or individual similarity in their study of personality development.
Answers
The purpose of the question is to write an essay that discusses your position on individual similarities and differences in the study of personality development.
How to write an argumentative essay?It is essential that students build their ideas for or against a particular topic by conducting research in reliable sources, such as books and scientific articles. The search for resolving possible counter-arguments should also be considered.
Therefore, you can base your argument on the theories of leading authors on the subject, such as Freud and Erik Erikson to generate greater acceptance and reliability of your argument.
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17) Prior to the Industrial Revolution, industry was
A) clustered.
B) concentrated.
C) dispersed.
D) randomly distributed.
E) located in colonies.
Answers
Can someone please help me with this Question from my LO task grade 12
Steps to RUN a campaign
Answers
Answer:
Define the Victory. It's important that everyone agrees on the core goal or goals of your campaign. ...
Evaluate the Campaign Climate. ...
Chart the Course. ...
Choose Your Influence Strategy. ...
Message for Impact. ...
Manage Your Campaign.
Why is Mexico a country?
Answers
Answer:
Mexico is a country of southern North America.
Explanation:
Mexico is for Latin Americans and it is very historical
How did coastal geography influence the growth of eastern African
civilizations?
Answers
Answer:This human movement plays a key role in the cultural landscape of Africa. Geographers are especially interested in migration as it relates to the way goods, services, social and cultural practices, and knowledge are spread throughout the world.
The African continent has a unique place in human history. Widely believed to be the “cradle of humankind,” Africa is the only continent with fossil evidence of human beings (Homo sapiens) and their ancestors through each key stage of their evolution. These include the Australopithecines, our earliest ancestors; Homo habilis, our tool-making ancestors; and Homo erectus, a more robust and advanced relative to Homo habilis that was able to walk upright. Hope this helps
Explanation: