FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the autumn of 2008 the Federal Reserve declared several investment banks to be classified as commercial banks thus enabling direct loans to be made

In the autumn of 2008 the Federal Reserve declared several investment banks to be classified as commercial banks thus enabling direct loans to be made from theFederal Reserve Discount window. This is an example of which ?

a)

Unconventional Monetary Policy

b)

Quantitative Easing

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

Students also viewed these Economics questions

Question

★★★★★
Describe the three types of value (supply) chain frameworks (i.e., Exhibits 2.1, 2.3 and 9.1) and which do you like the best. Why?

Answered: 1 week ago

Question

★★★★★
No promises made under duress are enforceable contracts. Therefore, no unenforceable contracts are promises made in the absence of duress. Use conversion, obversion, and contraposition to determine...

Answered: 1 week ago

Question

★★★★★
Under what conditions is the sampling distribution of the test statistic ????2 approximately distributed as a chi-squared distribution in a test of independence for two qualitative variables?

Answered: 1 week ago

Question

★★★★★
During the current year, Bailey, a U.S. corporation, began operating overseas. It manufactures machine tools in the United States and sells them to Canadian customers through a branch office located...

Answered: 1 week ago

Question

★★★★★
XYZ, Inc. is expected to pay a dividend of $8.59. The dividends are expected to grow at 6.82% each year forever. The required rate of return on the stock is 12.3%. What is today's price of the stock?...

Answered: 1 week ago

Question

★★★★★
The following data relate to the operations of Shilow Company, a wholesale distributor of consumer goods: Current assets as of March 31: Cash Accounts receivable Inventory Building and equipment, net...

Answered: 1 week ago

Question

★★★★★
I got a copy of Apollo's 2017 year-end trial balance (attached) from Sam Carboy, Apollo's Controller. I also got a copy of last year's 2016 audited pre-closing trial balance from Karina. I've...

Answered: 1 week ago

Question

★★★★★
A management consultant specializing in the merger and acquisition of hospitals. Are there numerous opportunities to practice? Mergers and acquisitions do not happen frequently. They get even more...

Answered: 1 week ago

Question

★★★★★
To analyze a beam subjected to a vertical force and a triangular distributed load, determine the reaction forces acting on each of the supports, determine the minimum pin diameter for one support...

Answered: 1 week ago

Question

★★★★★
Prepare a schedule of cost of goods sold for October. Note: Use negative signs with answers, when appropriate.

Answered: 1 week ago

Question

★★★★★
Peer Reviewed resources on Employee Selection and Training in Capacity Development

Answered: 1 week ago

Question

★★★★★
06 Suppose that at the start of the year, a no-load mutual fund has a net asset value of $27.40 per share. During the year, it pays its shareholders a capital gain and dividend distribution of $1.40...

Answered: 1 week ago

Previous Question Next Question