The Banking Act of ______ removed the Secretary of the Treasury and the Comptroller of the Currency from the Federal Reserve's governing board.

Answers

Answer 1

The Banking Act of 1935 removed the Secretary of the Treasury and the Comptroller of the Currency from the governing board of the Federal Reserve.

What effect did the Banking Act of 1935 have?

The Banking Act of 1935 mandated additional changes to the Federal structure, including the establishment of the Federal Open Market Committee (FOMC) as a separate legal entity, the removal of the Treasury Secretary and the Comptroller of the Currency from the Fed's governing board, and the extension of members' terms to 14 years.

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Related Questions

Which scenario best describes purchasing property insurance? mitchell buys insurance to protect his new stereo system from theft. carmen gets insurance to cover a car she recently inherited. lee buys insurance to protect her home in case of fire damage. jake gets insurance after his dog ruins a neighbor’s yard.

Answers

The scenario that best describes the purchasing property insurance is Mitchell buying insurance to protect the new stereo system from theft.

What do you mean by Purchase?

Purchase refers to acquiring something or to buy something by paying an amount for it.

Purchasing property insurance provides benefits to gain more confidence and security and provide protection if something went wrong.

In the above scenario given, Mitchell bought insurance for the newly purchased stereo system. So, it is the best scenario for describing purchasing property insurance.

Therefore, A is the correct option.

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Answer:

Mitchell buys insurance to protect his new stereo system from theft

Explanation:

Took the test and got it right

Passerine runs a tapestry shop in Rome, weaving historical images for the tourism industry. Lately, her arthritis has gotten worse, so she brings in several young workers and begins to teach them how to weave her images. Which factor of production did Passerine enhance

Answers

Passerine is the owner of the shop and she worked alone for her shop but she have recently hired young workers and is training them.

What is Training?

Training is the process of enhancing the skill set of an individual or a group of people, training is of two types on the job training and off the job training.

Passerine is training her new employees, she enhanced the labor factor in her business. The four factors of production are, capital, labor, land and enterprize.

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In general, when market expectations indicate a non-credible peg, or when the costs of the peg are not greater than the benefits of pegging, what will be the equilibrium situation

Answers

When market expectations indicate a noncredible peg, the equilibrium situation will depreciate. to peg.

What is equilibrium in economics?

Equilibrium is a condition where there is balance in economic forces.

The reason why equilibrium situation will depreciate in the given case is because the benefits from the peg is now lower than the cost.

Therefore, equilibrium will either shift right or left to annul changes in economy.

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During the current year, Sokowski Manufacturing earned income of $316,910 from total sales of $4,730,000 and average capital assets of $11,000,000. A. Based on this information, calculate asset turnover. If required, round your answer to two decimal places. Fill in the blank 1 times B. Assume sales margin is 6. 7%, what is the total ROI for the company during the current year

Answers

Maybe we could get some sleep

Advertising that runs on a(n) ________ schedule runs steadily; the amount of advertising varies little over the campaign period.

Answers

Answer:

continuous.

Explanation:ur welcome

Hajime, a new manager, has a new project idea. Before she begins building support for her idea, she begins by __________, which is explaining the idea to her boss to get his approval to seek wider support. Group of answer choices horse trading bootlegging clearing the investment making cheerleaders getting the blessing

Answers

Answer:

clearing the investment.

Explanation:

Hajime, a new manager, has a new project idea. Before she begins building support for her idea, she begins by clearing the investment, which is explaining the idea to her boss to get his approval to seek wider support. Group of answer choices horse trading bootlegging clearing the investment making cheerleaders getting the blessing

Please help
Write two sentences to explain how taxes support the economy

Answers

taxes support the economy in several ways, one of them they give money to the government to help with funds. Taxes provide revenue in the form of public services for the economy.
Tax cuts boost demand by increasing disposable income and by encouraging businesses to hire and invest more. Tax increases do the reverse.

The aggregate demand curve shows the relationship between.

Answers

The aggregate demand curve shows the relationship between quantity of goods demanded and the price of good.

What is an aggregate demand curve?

Aggregate demand curve is demand curve that shows a downward slope, the curve shows all the amount of money spent in producing a particular goods and services.

This is done at a particular price and unit.

Therefore, The aggregate demand curve shows the relationship between quantity demanded and the price of good.

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What two federal government agencies are tasked with and take the lead in protecting the consumer and enforcing federal rules breanly

Answers

The Federal Trade Commission has two agencies where one bureau called as Bureau of Consumer protection and another bureau is called as Bureau of Competition, which is entrusted with protecting consumers and implementing the federal rules.

What is FTC?

FTC stands for Federal Trade Commission which is an independent authority established in the US country. Its main aim is to safeguard the consumers and initiates healthy competition in the market.

The Bureau of Consumer Protection (BCP) is accountable for providing safeguards to consumers from any kind of fraudulent and unfair trade practices. The Bureau of Competition (BC) is responsible for creating healthy competition between industries working in the market.

Therefore, FTC has tasks of consumer protection and enforcement of rules which are fulfilled by their two agencies.

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Ali’s company is being helped by the _____ role of the government.

Answers

Answer:

economic role (managing economic conditions)

Assume a firm has earnings before depreciation and taxes of $200,000 and no depreciation. It is in a 25 percent tax bracket. a. Compute its cash flow. b. Assume it has $200,000 in depreciation. Recompute its cash flow. c. How large a cash flow benefit did the depreciation provide

Answers

If  the firm has earnings before depreciation and taxes of $200,000. The cash flow is: $150,000; $200,000 and cash flow benefit is $50,000.

Cash flow

a. Cash flow

Cash Flow= Earnings before depreciation and taxes×(1-Tax rate)

Cash Flow = $200,000×(1-0.25)

Cash Flow = $200,000×0.75

Cash Flow = $150,000

b. Cash flow

Earnings before taxes = EBIT - Depreciation

Earnings before taxes= $200,000 - $200,000

Earnings before taxes= $0

Cash flow = Earning after tax + Depreciation

Cash flow = $0 +$200,000

Cash flow= $200,000

c. Cash flow benefit

 Cash flow benefit= Depreciation expenses x tax rate

Cash flow benefit=$200,000 x 25%

Cash flow benefit =$50,000

Therefore the cash flow is: $150,000; $200,000 and cash flow benefit is $50,000.

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Which sentence is punctuated correctly?
a. As reported in Forbes, the happiest companies to work for are; Keller Williams Realty, Nike, and Total Quality Logistics.
b. As reported in Forbes, the happiest companies to work for are: Keller Williams Realty, Nike, and Total Quality Logistics.
c. As reported in Forbes, the happiest companies to work for are Keller Williams Realty, Nike, and Total Quality Logistics.
(c) As reported in Forbes, the happiest companies to work for are Keller Williams Realty, Nike, and Total Quality Logistics.

Answers

Answer:

im pretty surre its b(mb answer got deleted)

Explanation:

Doc's ribhouse had beginning equity of 79000 and net icome of 23000. The company has no other transaction impacting equity. Calculate the ending equity

Answers

Doc's ribhouse ending equity would be $102,000 if has beginning equity of 79000 and net icome of 23000.

What is equity?

Equity is the amount of capital invested or owned by the owner of a company. The equity is evaluated by the difference between liabilities and assets recorded.

Doc's ribhouse beginning equity

= $79,000

Net income

= $23,000

Ending equity

= ?

Ending Equity

= Beginning Equity + Net Income - Dividends

= $79,000 + $2

= $102,000

Hence, Doc's ribhouse ending equity would be $102,000

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Online marketplaces where one consumer sells to another consumer are called.

Answers

Answer: It's called a C2C market (consumer -to- consumer)

EX: Ebay, Craiglist, Etsy, etc.

_____ is a broad set of communication activities used to create and maintain favorable relations between the organization and its public.

Answers

"Public Relation" is a broad set of communication activities used to create and maintain favorable relations between the organization and its public.

What do you mean by Public Relation?

Public relations are the activities that an organization engages in to promote its image in the eyes of the public.

It involves deliberate actions that create good relationships between the public and the organization. Public relations is all about creating a good reputation for the company.Public relations is done through unpaid media messages.

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Paying yourself first, sticking to a budget, pacing yourself, living within your means, and knowing where your cash goes are all _______.

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When we pay ourselves first, stick to a budget, pace ourselves, and live within our means, these are all financial planning measures.

What is financial planning?

This refers to spending money in such a way that we will be able to achieve our long-term goals.

It involves paying yourself first in the form of savings, pacing yourself in spending such that you live within your means, and sticking to a budget that works for you.

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In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress: Multiple Choice passed the American Anti-Corruption Act. formed the FDIC. passed the Bubble Act. formed the Federal Reserve Bank.

Answers

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress formed the FDIC.

What is the FDIC?

The Federal Deposit  Insurance Corporation (FDIC) was formed by th Congress after the stock market crash of 1929.Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers.

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Brady's Inflation Needle Co. reports accounts receivable of $100,000 in 2020 and $250,000 in 2021. Using horizontal analysis, what would be the percentage increase or decrease in accounts receivable

Answers

Using horizontal analysis, what would be the percentage increase or decrease in accounts receivable is: 15% increase.

Percentage increase or decrease

Using this formula

Percentage increase or decrease =2021 Account receivable- 2020 Account receivable/ 2020 Account receivable

Let plug in the formula

Percentage increase or decrease=$250,000 ‐ $100,000/ $100,000

$100,000

Percentage increase or decrease= .15 x 100

Percentage increase or decrease = 15%

Therefore what would be the percentage increase or decrease in accounts receivable is: 15% increase.

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In adaptive leadership, leaders and followers mutually affect each other, making leadership a complex interactive process. This is ______

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The ability of leaders and followers to mutually affect each other shows the strength of adaptive leadership.

What is adaptive leadership?

Adaptive leadership assists individuals and institutions in adapting and thriving in the face of adversity, as well as preparing them to confront the process of transformation.

Adaptive leadership is a realistic method of corporate problem solving that guides leaders in recognizing and focusing on the critical components of a business operation.

The Adaptive Leadership style is centered on the followers and emphasizes the capacity of both the leader, as well as, the followers to adjust to transformation and change.

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In 2017, European Union spending on US goods accounted for 19% of US exports, and US exports amounted to 12.3% of US GDP. What was the share of European Union spending on US goods relative to US GDP

Answers

The share of European Union spending on US goods relative to US GDP is 2.34%.

What is GDP?

GDP means the gross domestic product of a country in a year, month, etc.

GDP represents the total monetary value of goods and services produced in a country in a given period of time.

Data and Calculations:

Percentage of EU spending on US exports = 19%

Percentage of US exports to US GDP = 12.3%

Share of EU spending on US goods relative to US GDP = 2.34% (19% x 12.3%)

Thus, the share of European Union spending on US goods relative to US GDP is 2.34%.

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When a pharmaceutical company places an ad in a home and garden magazine for its new arthritis drug, it is using a ________ strategy. Multiple Choice push direct marketing hook pull multichannel

Answers

Multichannel strategy is been used by a pharmaceutical company when she places an ad in a home and garden magazine.

What is multichannel strategy?

Multi-channel marketing serves as a marketing strategy which involves communicating with customers across multiple, independent channels.

This multichannel strategy. is used to inform potential customers about the company products.

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A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points?

Answers

The amount of the loan origination fee if the lender charges one-and-a-half points is $6,750.

What is Loan Origination Fee?

The loan origination fee is the upfront payment that a borrower is charged for loan processing.

Usually, most lenders charge between 0.5% and 1% of the loan amount plus any mortgage points.

Data and Calculations:

Property value = $500,000

Down payment = $50,000

Loan (Mortgage) = $450,000

Origination fee = 1.5 points

= $6,750 ($450,000 x 1.5%)

Thus, the amount of the loan origination fee if the lender charges one-and-a-half points is $6,750.

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Suppose that research finds a link between high fructose corn syrup (HFCS) and obesity, which then leads American consumers to switch from HFCS products to pure cane sugar products. The graphs show the markets for cane sugar in Haiti and the United States before the studies were divulged. Shift the curves in the graphs, including the horizontal world price curve, to describe the new trade equilibrium that results after the switch in preferences of American households, and then answer the follow‑up question.

Assume that the United States and Haiti are the only non‑HFCS sugar trading parties in the world and that there are no quotas, subsidies, or tariffs distorting these markets.

Answers

The new equilibrium from the information shows that sugar cane producers in Haiti benefited.

What is equilibrium?

It should be noted that equilibrium simply means balance that is when the supply of goods and demand are equal.

In this case, in the situation of free trade, the world price line is a horizontal lines. The fact that the consumers in the United States demanded more sugar cane product means that the sugar cane producers in Haiti benefited.

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Answer:

On the US graph the domestic demand shifts right to show the increased demand for cane sugar. The world price also increases one notch, which applies to both graphs. No other changes are made to the graphs.

The cane sugar producers in Haiti benefit.

Explanation:

As American consumers move their consumption away from products sweetened with HFCS towards those with cane sugar, domestic demand for cane sugar in the United States shifts to the right.

To have an equilibrium with trade, imports must equal exports. Therefore, the international price of sugar moves up until the excess demand (shortage) of sugar in the United States equals the excess supply (surplus) in Haiti. Since only the price of the good has changed, there are movements along the supply curves and Haiti's domestic demand curve, but these curves themselves do not shift. The surplus of 6000 pounds of sugar that Haiti exports is equal to the shortage of 6000 pounds of sugar that the United States imports.

To determine who is better‑off because of the increase in U.S. demand, consider whether or not the higher price is good for the individuals in each country.

Producers are better‑off, since the higher price of sugar increases their producer surplus. This is true for both producers in the United States and those in Haiti.

Consumers in Haiti face a higher price of sugar, so their consumer surplus decreases, meaning that consumers in Haiti are worse off because of the price increase.

Between permanent life insurance and term life insurance, which typically has the lower premium and why? a. term life insurance has the lower premium because term life insurance pays the face value to your beneficiary if you die within a certain set period of time, whereas whole life insurance covers you your entire life. b. term life insurance has the lower premium because you cannot renew the insurance after your term has ended. c. permanent life insurance has the lower premium because you are making more premium payments (your whole life versus a set period of time), so the amount per premium payment is less. d. permanent life insurance has the lower premium because the amount you contribute is then invested and makes interest for the life insurance company.

Answers

Between permanent life insurance and term life insurance, the one that typically has the lower premium is A. Term Life Insurance.

What is a Term Life Insurance?

This refers to the type of insurance that involves the payment of a death benefit for a particular time period.

Here, we can note that term life insurance is one that covers the event of a death for a given time period, while permanent life insurance covers the validity of one's life, hence, the TLI has a lower premium.

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Answer:

a.

Term life insurance has the lower premium because term life insurance pays the face value to your beneficiary if you die within a certain set period of time, whereas whole life insurance covers you your entire life.

Explanation:

EDGE:2022

A large assortment of an item within a product line in a store is referred to as Group of answer choices width of product line. depth of product line. product span. breadth of product line.

Answers

A large assortment of an item within a product line in a store is generally referred to as the: B. depth of product line.

What is the depth of product line?

The depth of product line can be defined as a large assortment of a particular item within a product line that is being sold in a store or business firm.

This ultimately implies that, a large assortment of an item within a product line in a store is generally referred to as the depth of product line such as different kinds of shoes.

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Bryce, Inc. declared a 50% stock dividend on March 15, when there were 1,000 shares of $1 par value stock issued and outstanding, and the market value was $5. The entry to record the declaration will include (debit/credit)_______ to the Retained Earnings account, in the amount of _______.

Answers

The appropriate entry  to record the declaration will include debit to the Retained Earnings account, in the amount of $500.

Retained earning

Based on the information given the appropriate entry to record this transaction is:

Journal entry

Debit Retained Earnings $500

(50% of 1,000 shares × $1 each)

Credit Common stock $500

(To record declaration of dividend)

Therefore the entry  to record the declaration will include debit to the Retained Earnings account, in the amount of $500.

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If the marginal propensity to consume is 0.75 and taxes are decreased by a lump sum of $400 billion, what will be the increase in income

Answers

The income will be increased by $533.33 billion with MPC equals 0.75 and a decrease in taxes by $400 billion.

What is MPC?

MPC stands for marginal propensity to consume which is determined by dividing the change in consumption of consumers by to change in income earned by them.

Given values:

MPC = 0.75

Decrease in taxes (Change in consumptiuon)= $400 billion

Computation of increase in income (Change in income):

[tex]\rm\ MPC=\frac{\rm\ Change \rm\ in \rm\ Consumption}{\rm\ Change \rm\ in \rm\ Income} \\\rm\ Change \rm\ in \rm\ Income = \frac{\rm \ Change \rm\ in \rm\ Consumption}{\rm\ MPC}\\\rm\ Change \rm\ in \rm\ Income =\frac{\$ 400 \rm\ billion}{\rm\ 0.75}\\\\\rm\ Change \rm\ in \rm\ Income=\$ 533.33 \rm\ billion[/tex]

Therefore, when there is a decrease in consumption by $400 billion with MPC 0.75 then there is an increase in income by $533.33 billion.

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Because of growth in team capability, over time the team becomes more ________ and over time can perform the same service for less cost.

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The more the team's capacity grows, the more it will become efficient over time and can improve service delivery techniques while reducing cost.

What is an efficient team?

It is a team where the members are integrated towards a common goal. When a team is effective, each participant has the same sense of importance, which increases motivation, collaboration and innovation.

Therefore, in an efficient team there is a greater development of methods and techniques to carry out a work with higher quality.

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As a result of a decrease in the demand for U. S. Dollars, there has been a depreciation in the value of the U. S. Dollar relative to New Zealand dollars. The depreciation in the U. S. Dollar has benefitted some groups but harmed others. Indicate which of the groups are winners and which are losers from the standpoint of the depreciation of the U. S. Dollar.

You are currently in a labeling module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop. A. Todd, an American, goes to visit New Zealand for spring break.


B. An investment bank in New Zealand is interested in purchasing U. S. Government bonds.


C. Goodyear, a firm based in the United States, sells car tires in New Zealand.


D. A family from New Zealand visits relatives in the United States.


E. A firm from New Zealand sells handbags in the United States.


F. An electronics manufacturer based in the United States purchases a high tech company in

New Zealand

Answers

As a result in the dcrease in demand and value of the U.S dollar as against the New Zealand dollars, the groups that will benefit as those who have New Zealand dollars to spend or in investments

Effect of decrease in value of U.S dollars

Group of Winners

B. An investment bank in New Zealand is interested in purchasing U. S. Government bonds.

C. Goodyear, a firm based in the United States, sells car tires in New Zealand

D. A family from New Zealand visits relatives in the United States

E. A firm from New Zealand sells handbags in the United States.

Group of Lossers

A. Todd, an American, goes to visit New Zealand for spring break.

F. An electronics manufacturer based in the United States purchases a high tech company in

New Zealand

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The Lego Group has a Lego Ideas website where people can submit ideas for Lego products to be turned into potential sets available commercially, with the original designer receiving 1 percent of the royalties. This is an example of

Answers

If  Lego Group has a Lego Ideas website where people can submit ideas for Lego products to be turned into potential sets available. This is an example of Crowdsourcing.

What is Crowdsourcing?

Crowdsourcing can be defined as the process of obtaining or receiving opinion or idea from large number of people or  participant.

Crowdsorucing is important as it enables companies to obtain different ideal or opinion from people who submit their information using either of the following

Social mediaInternet etc

Therefore this is an example of Crowdsourcing.

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