The Federal Reserve System was designed as a decentralized central bank. Why?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Is a decentralized central bank an oxymoron Other c...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
The Federal Reserve System was created by the Federal Reserve Act, passed by Congress in 1913, and began operations in 1914. Like all central banks, the Fed is a government agency. Which of the...
-
The Federal Reserve System publishes weekly figures of M2 money supply in the document Money Stock Measures. M2 includes such things as cash in circulation, deposits in checking accounts, nonbank...
-
The Federal Reserve System publishes data on family income based on its Survey of Consumer Finances. When the head of the household has a college degree, the mean before-tax family income is $85,200....
-
As shown in Fig. 4.60, a horizontal beam is hinged to the wall at point A. The length of the beam is 1 = 2 m and it weighs W = 150 N. Point C is the center of gravity of the beam and it is...
-
Consider the market for lumber, which we assume h to be perfectly competitive. a. Suppose that for each unit of lumber produced, the firms also generate $10 of damage to the environment. Draw the...
-
Calculating Net Capital Spending Morenas Driving Schools 2019 statement of financial position showed non-current assets of 4.2 million. One year later, the 2020 statement of financial position showed...
-
Describe activities associated with career planning and advancement.
-
Identifying variable costs, committed fixed costs, and discretionary fixed costs Required: Classify each of the following costs for a jeans manufacturing company as a variable cost, committed fixed...
-
Which of the following most accurately describes complex and simple trusts? A. Once a trust is treated as a complex trust ,it is never again treated as a simple trust for tax purposes. B. Smple...
-
Consider a portfolio with four stocks Google(GOOG), 3M(MMM), Microsoft (MSFT), and IBM(IBM). we are interested in a monthly return (Tog return between 22 business days) of the portfolio elements from...
-
What were "Continental Notes" and "Greenbacks," and what did they--unfortunately--have in common?
-
When the Fed sells government bonds, the nation's money supply decreases. Explain how this works. To illustrate, you can construct your own bank transactions and changes in the assets and liabilities...
-
In 2004 during the war in Iraq, some MNCs capitalized on opportunities to rebuild Iraq. However, in April 2004, some employees were kidnapped by local militant groups. How should an MNC account for...
-
Time (s) Velocity (cm/s or m/s) Uncertainty 0.100 -145 cm/s or 0.145 m/s +/- 0.089 m/s 0.200 -266 cm/s or 0.266 m/s +/- 0.010 m/s 0.300 -359 cm/s or 0.359 m/s +/- 0.0201 m/s 0.400 -451 cm/s or 0.451...
-
Using Technology to Generate Normal Quantile Plots. In Exercises 13-16, use the data from the indicated exercise in this section. Use software (such as Statdisk, Minitab, Excel, or StatCrunch) or a...
-
Use your understanding of work and power to answer the following questions. 1. Two physics students, Will N. Andable and Ben Pumpiniron, are in the weightlifting room. Will lifts the 100-pound...
-
Problem 2. Consider the following chemical reaction. 2H2 + O2 = 2HO Gibbs Duhem equation states that SdT - Vdp+ Nidi=0. Apply this equation for the above reaction and determine the equilibrium...
-
Part D: Exploring Pascal's Triangle 1. Fill-In the missing numbers in Pascal's Triangle. See 2. Find the sum of each row in Pascal's Triangle. Describe the pattern. 1, 2, 4, 8, 16... Power of 2n 1 1...
-
How is under- or overapplied manufacturing overhead reported in monthly financial statements?
-
As you rewrite these sentences, replace the cliches and buzzwords with plain language (if you don't recognize any of these terms, you can find definitions online): a. Being a jack-of-all-trades, Dave...
-
Footnotes to financial statements most likely: A. are not useful. B. provide additional information. C. are redundant, but restate information in a different manner.
-
The prisoners dilemma game is one of the most important models in all of social science: Most games of trust can be thought of as some kind of prisoners dilemma. Heres the classic game: Two men rob a...
-
Your professor probably grades on a curve, implicitly if not explicitly. This means that you and your classmates could each agree to study half as much, and you would all earn the same grade you...
-
In many college towns, rumors abound that the gas stations in town collude to keep prices high. If this were true, where would you expect this conspiracy against the public to work best? Why? a. In...
-
Fig 1. Rolling a 4 on a D4 A four sided die (D4), shaped like a pyramid (or tetrahedron), has 4 flat surfaces opposite four corner points. A number (1, 2, 3, or 4) appears close to the edge of each...
-
I just need help with question #4 please! Thank you! Windsor Manufacturing uses MRP to schedule its production. Below is the Bill of Material (BOM) for Product A. The quantity needed of the part...
-
(25) Suppose that we have an economy consisting of two farmers, Cornelius and Wheaton, who unsurprisingly farm corn c and wheat w, respectively. Assume that both farmers produce their crop of choice...
Study smarter with the SolutionInn App