This Act (a) amends the Truth in Lending Act to prescribe open-end credit score lending strategies and more suitable disclosures to consumers,
restrict related expenses and prices to consumers, increase related penalties, and establish constraints and protections for issuance of credit score playing cards to minors and college students (numerous sections)
How does the credit card Accountability Responsibility and Disclosure Act CARD Act helps customers?For example, the CARD Act requires credit score card companies to inform consumers on each and every declaration how lengthy it would take to pay off their debt if they only made the minimum payment. Additionally, the CARD Act requires deposit card organizations to inform customers on how they can get admission to their annual savings report.
The act's savings card safeguards fall under three huge areas: customer protections, improved client disclosures and protections for younger consumers.
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https://brainly.com/question/19110662#SPJ4a sudden storm threatens the property of marina bay llc. ngoc, marina bay’s sales agent, is on site but lacks the express or implied authority to bind the firm to the cost of appropriate protective measures. unable to communicate with marina bay, ngoc:____.
The sales agent has emergency powers to deal with the situation.
What are the responsibilities of a sales agent?
A company's sales agent is the professional responsible for mediating relations between the company and its potential customers. This is necessary for promoting the company's products and services through communication, negotiation and persuasion techniques.
In a situation like the one that occurred, that is, when a sudden storm threatens the company's property and the sales agent is the only professional on site, he can act on an emergency basis to establish security measures to prevent further damage to the site.
Therefore, all employees of a company are able to act in an emergency in a situation that poses risks to property or life.
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Shoe companies can use influencer marketing to build brand recognition to gain credibility and familiarity.a. Trueb. False
The correct answer is true ; They are made to reward customers for their brand or shop loyalty and promote repeat business (hence the name). Usually,
Influencer marketing is a sort of advertising that makes use of influential people to advertise a product to a bigger audience. Opinion leaders with a strong social following are known as influencers.
They present themselves as authorities or reliable information sources. a consumer receives bigger benefits the more frequently they shop at the business and the more money they spend.
Remarketing, sometimes referred to as retargeting, is a widely prevalent and well-liked type of digital marketing in which advertisers show advertisements to people who have visited their website or a certain web page and have either taken or have not performed a particular action.
Customers are more likely to suggest your company to others if you have an effective rewards program, which may help you grow your client base.
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softball training company has a current ratio of 0.70 to 1, based on current assets of $4.55 million and current liabilities of $6.50 million. 1. how, if at all, will a $700,000 cash purchase of inventory affect the current ratio? 2. how, if at all, will a $700,000 purchase of inventory on account affect the current ratio?
Yes, a $700,000 purchase of inventory on account affects the current ratio.
1. If the softball training company makes a $700,000 cash purchase of inventory, it will increase the current assets by $700,000 and the current ratio will increase to 0.77 to 1 (4.55 + 0.7 = 5.25 million/ 6.5 million).
2. If the softball training company makes a $700,000 purchase of inventory on account, it will increase both the current assets and current liabilities by $700,000 and the current ratio will remain unchanged at 0.70 to 1 (4.55 + 0.7 = 5.25 million/ 6.50 + 0.7 = 7.2 million).
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identify the five components that comprise pension expense briefly explain the nature of each component
The five components that comprise pension expense are Service cost, Interest cost, Actual return on plan assets, Amortization of past services and Gains and losses.
Pension expense is the amount of money that a company sets aside each year to fund its pension obligations. The expense is calculated using a number of factors, including the number of employees covered by the pension plan, the expected rate of return on investments, and the estimated lifespan of the employees.
Pension expense is a critical component of a company's financial planning, as it can have a significant impact on the company's bottom line. For this reason, companies must carefully consider all of the factors that go into calculating pension expense.
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he market has an expected rate of return of 6.50 percent. a long-term government bond is expected to yield 3.4 percent and a u.s. treasury bill is expected to yield 2.25 percent. the inflation rate is 2.15 percent. what is the market risk premium?
The market has an expected rate of return of 6.50 percent. a long-term government bond is expected to yield 3.4 percent and a U.S. treasury bill is expected to yield 2.25 percent Market risk premium = 6.50% - 3.4 = 3.60%.
A government bond or government bond is a type of bond issued by a government to support public spending. It typically involves periodic interest payments, called interest payments, and an obligation to repay the principal on the due date.
Treasury Bonds (Treasury Bonds) issued by the United States Treasury. Bonds with a maturity of one year or less (T-Bonds) issued by the Treasury Department are called 'notes'. Bonds with maturities of 1 to 10 years are called "notes". A bond with a maturity of more than 10 years is also called a “bond”.
Government Bonds are bonds issued by the Central and State Governments of India. Such bonds are issued when the issuer (central or state government) faces a liquidity crisis and needs funds for infrastructure development.
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The required rate of return is the maximum rate of return that an investment project must yield to the acceptable.
a. True
b. False
The necessary rate of return is the highest rate of return that a project involving investments must produce to be considered acceptable. This is False.
How do you define a needed rate of return?The required rate of return (RRR) is the minimal profit (return) an investor will seek or receive in exchange for taking on the risk of investing in stocks or other securities. RRR is also used to determine how profitable a project
What distinguishes the needed rate of return from the expected rate of return?Expected return is a return that is expected during a future period, whereas realized return is a return that has already been attained in the past. The minimal projected return an investor needs to invest in an asset over a certain time period.
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jones expects an immediate investment of $57,466 to return $10,000 annually for eight years, with the first payment to be received one year from now. what rate of interest must jones earn? (pv of
The rate of interest that Jones must earn to arrange the complete amount is 12%.
What is interest?Interest is the sum that is paid by a borrower or deposit-taking financial institution to a lender or depositor at a specified rate over and above the principal amount (the amount borrowed) in the domains of finance and economics. In contrast to profit, interest is paid to a lender, whereas profit is paid to the owner of an asset, investment, or company. The rate of interest is calculated as the total interest paid or received over a given time period divided by the total principal borrowed or lent. When compound interest is used, interest is accumulated on both the principal and any previous interest. The mathematical investigation of this phenomena created the number e, which represents the exponential growth of debt as a whole.
We will find Net present Value at the two random rates to find rate of return.
n = 8
r = 10%
{eq}Net \ Present \ Value = -Initial \ Cash \ Outlay
Rate of interest= 12%
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joshua borrowed $1,500 for one year and paid $75 in interest. the bank charged him a service charge of $15. if joshua repaid the loan in 12 equal monthly payments, what is the apr? (enter your answer as a percent rounded to 1 decimal place.)
The APR is computed as shown below:
= (2 x n x I) / [ P x (n + 1) ]
n = 12
I is computed as follows:
= Interest + service charge
= $ 75 + 15
= $ 90
P = $ 1,500
So, the APR will be as follows:
= (2 x 12 x $ 90) / [ $ 1,500 x ( 12 + 1 ) ]
= $ 2,160 / $ 19,500
= 11.08% Approximately
Yearly rate (APR) alludes to the yearly premium produced by an aggregate that is charged to borrowers or paid to financial backers. The annual percentage rate (APR) is the actual annual cost of funds over the course of a loan or investment's term. This does not take into account compounding and includes any transaction-related fees or additional costs. Consumers can compare lenders, credit cards, and investment products using the annual percentage rate (APR).
For new purchases, credit card companies typically provide a grace period. You only pay the amount you owe if you only make purchases and pay off your balance each month by the due date. However, the agreed-upon interest is added to your outstanding balance at the conclusion of each billing period if you have a card balance.
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Which one of the following is NOT an example of a seller offering signals of quality? A. Chau asks customers to write reviews of her manicures on a website for local businesses. B. Hui Er proofreads her job application and cover letter four times to make sure it shows that she is careful about details. C. Mak offers a money back guarantee on his product lD. an's Auto Body Shop offers a warranty on its work
The correct option is A. Chau asks customers to write reviews of her manicures on a website for local businesses.
Why may a product's quality be a selling point for a seller?Because providing a lengthy guarantee for low-quality products is more expensive than providing one for high-quality ones, it enables the producer to set its products apart from those of inferior quality. Offering guarantees or warranties is one method a business can communicate the high caliber of its goods. A company will lose money if it provides a warranty for a subpar product. On the other hand, customer buying signals are the behaviors customers exhibit when they're considering buying a solution to address an issue. To make the most of their prospecting time, sales teams can employ customer buying signals to sort out true leads from a field of prospects.
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a. if a producer tries to sell oranges at a price of $0.80 per pound, what will be the quantity demanded and quantity supplied at this price?
110 pounds of oranges and the quantity demanded will be 80 pounds of oranges will be the quantity demanded and quantity supplied at this price.
What is price?A price is the amount of fee or repayment given via way of means of one celebration to some other in go back for items or services. In a few situations, the price of manufacturing has a distinct name. If the product is a "good" with inside the industrial exchange, the price for this product will in all likelihood be referred to as its "charge". Price is the quantity of cash that needs to be paid to gather a given product. Insofar as the quantity humans are organized to pay for a product represents its value, charge is likewise a degree of value. Price is the quantity that purchasers could be inclined to pay for a product. Marketers should hyperlink the charge to the product's actual and perceived value, even as additionally thinking about deliver costs, seasonal discounts, competitors' prices, and retail markup.To learn more about price from the given link :
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opportunity costs are not found in accounting records because they are not relevant to decisions.
The following statement "Opportunity costs are not found in accounting records because they are not relevant to decisions" is false.
The opportunity cost is the time spent learning and the money that might have been used for something else. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment).
The apparent advantage of not selecting the next best alternative when resources are limited is what is commonly referred to as opportunity cost. Opportunity costs are not just monetary or financial expenses. An opportunity cost is also the real price of missed productivity, time, or any other for-profit gain.
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roaster company issued bonds with detachable stock warrants. each warrant granted an option to buy one share of $40 par value common stock for $75 per share. five hundred warrants were originally issued, and $4,000 was appropriately credited to warrants. if 90% of these warrants are exercised when the market price of the common stock is $85 per share, how much should be credited to capital in excess of par on this transaction?
If roaster company issued bonds with detachable stock warrants. each warrant granted an option to buy one share of $40 par value common stock for $75 per share. The amount that should be credited to capital in excess of par on this transaction is: $19,350.
How to find the capital in excess of par ?Since the 90% of the warrants are exercised, 450 shares will be issued at $75 per share.
Hence,
Journal entry
Debit Cash $33,750
[( 500 warrants × .90) × $75 per share]
( 450 shares × $75 per share)
Debit Warrants 3,600
(90% × $4,000)
Credit Common stock at par $18,000
(450 shares × $40 par)
Credit Capital in excess of par $19,350
($33,750 + $3,600 - $18,000)
Therefore the capital in excess of par is the amount of $19,350.
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a company contemplating the acceptance of a special order has the following unit cost behavior, based on 10,000 units: cost information cost type costs direct materials $4 direct labor $6 variable overhead $4 fixed overhead $8 a foreign company wants to purchase 1,500 units at a special unit price of $19. in addition, there will be $4,000 special shipping costs with the special order. what is the incremental income (loss) from accepting the order?
Due to the exclusion of fixed costs, the cost per unit will be 4+6+4=14, while the profit per unit will be (19-14)*1500=7500. Profit will be $3500 if less than 4,000.
What does "incremental income" actually mean?The profit generated by a rise in sales is known as incremental revenue. It can be used to calculate the extra revenue brought in by a certain product, investment, or direct sale from a marketing campaign when sales volume has increased.
How are incremental profits determined?A company's profit from a specific increase in sales is known as incremental revenue. Multiplying the quantity sold by the cost per unit makes the calculation incredibly simple.
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prisoner's dilemma games imply that cooperative behavior between two people or two firms always breaks down. but reality teaches us that people and firms often cooperate successfully to achieve their goals. why do the results from prisoner's dilemma games fail to predict real-world results? the prisoner's dilemma does not apply to most situations that are repeated over and over. prisoner's dilemma games predict the behavior of people and firms that engage in illegal activity; most people and firms do not resort to illegal activity. prisoner's dilemma games do not permit people or firms from reneging on agreements, which often occurs in real-word situations. most real-world situations involve more than two people or firms; the prisoner's dilemma is only applicable to situations that involve two parties.
(A) consequences in Real-world outcomes cannot be predicted by prisoner dilemma games as Most scenarios that occur repeatedly do not fit this dilemma.
People who always have the incentive to make choices that are detrimental to the group as a whole are said to be in a "prisoner's dilemma."
The prisoner's dilemma is influenced by a number of economic factors.
People discover that betraying the group results in larger benefits than cooperating in the classic dilemma of the prisoner.
In the prisoner's dilemma, two parties are separated and unable to interact with one another, forcing them to choose whether or not to cooperate. The greatest gain is realized for each side when both decide to work together.
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What are the 2 main categories of US Federal government spending?
National defense spending and Discretionary spending are the 2 main categories of US Federal government spending.
Every Workday Procurement transaction must contain a spend category as a necessary component. Spend categories are a combination of commodity codes from the Legacy system, which specify the kind of thing or service being purchased, and object codes. Some workday spending categories may be considered trackable while others are not. Except for firearms, livestock/animals, and bulletproof vests, which are tracked at any value and marked as an LSU asset, products having total acquisition cost of $1,000 or more should be included in a tracked spend category.
Building a comprehensive picture of the overall cost on commodities across the LSU system is the aim of the procurement spend categories. Accurate reporting on commodity expenditures increase the possibility of larger discounts and new contracts, which is advantageous for the spend category university. Initial reports have shown that some end users are choosing the spend category based on the hierarchy of spend categories and/or the project they are utilizing the items for rather than the individual item within the hierarchy.
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umpqua defines other financial institutions that perform banking services as their competitors. therefore they take a/an ___________ of its competition.
Umpqua defines other financial institutions that perform banking services as their competitors. therefore they take a/an competitive performance of its competition.
The maximum commonplace kinds of monetary establishments are industrial banks, funding banks, insurance corporations, and brokerage firms. these entities offer a wide variety of services and products for character and business clients which include deposits, loans, investments, and foreign exchange.
The definition of a monetary institution commonly describes an status quo that completes and facilitates financial transactions, along with loans, mortgages, and deposits. financial institutions are a place wherein purchasers can correctly manage profits and increase economic footing.
Economic institutions help intermediate financial transactions between humans saving and those spending money. offerings that monetary institutions may also offer consist of deposit accounts, loans, investments, insurance rules, and overseas foreign exchange.
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question content area the increases in stockholders' equity attributable to selling services or products to customers are called a.revenues b.expenses c.assets d.liabilities
The increases in stockholders' equity attributable to selling services or products to customers are called Revenues.
What does Revenues mean?
Revenues refer to the total amount of money received by a company or organization from the sale of goods and services over a period of time. It is also sometimes referred to as "turnover" or "sales."
What does Stakeholder mean?
A stakeholder is a person, group, or organization that has a vested interest in the success of a project or venture. The outcome of a project can affect or be affected by stakeholders. Customers, suppliers, employees, shareholders, financiers, government agencies, and the community are all examples of stakeholders.
Therefore the correct option is A. Revenues.
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Cervantes recently offered 60,000 new shares of stock for sale. The underwriters sold a total of 73,400 shares to the public at a price of
$18.20
per share. The additional 13,400 shares were purchased in accordance with which one of the following? a) Red herring provision b) Post issue agreement c) Green shoe provision d) Quiet provision e) Lockup ogreement
C) A greenshoe choice is an over-distribution choice. It is a clause in an underwriting agreement that gives the underwriter the right to sell investors more shares than the issuer had originally planned to sell in the event that demand for a security issue proves to be higher than anticipated in the context of an initial public offering (IPO).
With an example, what is the green shoe option?The underwriters, for instance, have the option to exercise their greenshoe option and sell 1.15 million shares if a company decides to sell one million shares to the public. The underwriters can buy back 15% of the shares once they are priced and can be traded publicly.
What is a Greenshoe Choice?A greenshoe option gives the group of investment banks that back an initial public offering (IPO) the ability to buy and sell 15% more shares at the same offering price than the issuing company planned to sell at first.
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when may a principal use the right of avoidance to nullify, at his or her discretion, any contract the agent negotiated? multiple choice question. when the principal is sued by a third party because of the agent's negligence when the agent obtains and retains benefits acquired through the agency when the agent breaches his or her fiduciary duties when the agent illegally benefits from the agency agreement
Both the principal and the third party can sue and be sued on the basis of the direct contract that is formed between them. Unless contrary intent is shown, the agent is not a party to the contract and cannot sue or be sued on it.
How can an agent be held personally liable in what circumstances?
Contracts are rarely held liable by an agent; The primary is responsible. However, the agent will be held liable if he is either not disclosed at all or only partially disclosed, if he lacks authority or exceeds it, or, of course, if he entered into the contract on his own behalf.
Can an agent be sued by a principal?
While acting under the principal's direction, the agent cannot be sued. The principal will probably not be held liable if a tort is committed by an agent while they were acting outside of their authority.
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how many ways can a total inventory of batteries be distributed among the eight different types? suppose that in addition to being able to obtain only ten a76 batteries, the store can get only six of type d303. how many ways can a total inventory of batteries be distributed among the eight different types?
Batteries can be distributed among the eight different types in 9,822,362 total combinations.
We'll need to use the same procedure as part A to solve this, but we'll be focusing on three cases instead: If there were 30 A76 batteries, how many permutations of 11 or more A76 batteries there would be without the option to choose a D303 battery, and how many combinations of 9 or more D303 batteries there would be without the option to choose an A76 battery, respectively.
Case 1:
[ (30+8-1)!] / [30!*7*6*5*4*3*2]
= [37*36*35*34*33*32*31*30!] / [30!*7*6*5*4*3*2]
= 10,295,472
Case 2:
[(19+7-1)!] / [19!*6*5*4*3*2]
= [25*24*23*22*21*20*19!] / [19!*6*5*4*3*2]
= 177,100
Case 3:
[(21+7-1)!] / [21!*6*5*4*3*2]
= [ 27*26*25*24*23*22*21!] / [ 21!*6*5*4*3*2 ]
= 296,010
10,295,472 - 177,100 - 296,010 = 9,822,362 total combinations
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on july 1, 20x8, how should the company classify and account for its receipt of cpms from the nova anglia government?
The company should classify the receipt of CPMS from the Nova Anglia government as revenue. The company should record the receipt of CPMS as a debit to the company's cash account and a credit to the company's revenue account.
When was the first CPMS were released?On July 1, 20X8, the first CPMs were released, covering the vintages 20X8, 20X9, and 20Y0. The marketplace for the purchasing, selling, or exchange of these permissions was not yet established at that time. The company calculates that a CPM was worth $750 as of July 1, 20X8. Since trade of CPMs did not start until late August 20X8, this estimate is dependent on subjective data, such as observations of various EAs in other states. In comparison to every firm's yearly CO2 emissions for the twelve-month period ending December 31, 20X7, the amount of permits awarded was established as a baseline. While allowances for the 20X9 and 20Y0 vintages were given in levels that progressively decline from the 20X7 emissions foundation by 1% and 2 %, respectively, the 20X8 vintage was issued in a quantity that would negate the same level of emissions by the user from 20X7.To learn more about company refer to:
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a portfolio manager is constructing a new equity portfolio consisting of a large number of randomly chosen domestic stocks. as the number of stocks in the portfolio increases, what happens to the expected levels of systematic and unsystematic risk? question 25 options:
As the number of stocks in the portfolio increases, the expected levels of systematic risk will decrease.
This is because the systematic risk is linked to the overall movements of the market, and as the portfolio becomes more diversified, it becomes less exposed to movements of the overall market.
On the other hand, as the number of stocks in the portfolio increases, the expected levels of unsystematic risk will also decrease. Unsystematic risk is also known as idiosyncratic risk and is related to the individual characteristics of a specific stock such as its profitability, competitive position, and other factors. As the portfolio becomes more diversified, it becomes less exposed to the idiosyncratic risk of any one stock.
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a retailer of luxury products offers personal shopping, free gift wrapping, and free delivery. the retailer is most likely considering which factor when determining the customer services offered?
If a retailer of luxury products offers personal shopping, free gift wrapping, and free delivery. the retailer is most likely considering which factor when determining the customer services offered : Price image.
What is Price image?Price image can be defined as the way that a customer tend to perceive the price that a company tag on their product.
Some companies can tend to make use of price image as a form of pricing strategy so as to attract customers to their product. Some companies can reduce the price of their product so as to have competitive advantage over other companies that sell the same or similar product as theirs. This Price image are often use in big store or supermarket.
Therefore the retailer is most likely considering which factor when determining the customer services offered price image.
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time management and health reading quiz - question 4 results question 4 of 10: true or false: when starting out a career, you should always work at least two jobs so that you can accumulate money for investing and long-term growth.
False. Prior to learning and succeeding in that career, you must ensure you have had enough sleep and vitality.
Why are physiologic requirements significant?Air, food, water, clothing, warmth, sleep, and health are a few examples. Your body cannot operate normally if you don't meet these demands. Because you didn't accommodate the other requirements unless your physiological ones are met, they are regarded as being the most important. This includes a location to work, a consistent monthly wage, a suitable workspace, and basic amenities.
Why do people require psychology?The three psychological requirements of autonomy, competence, and relatedness are universally significant for psychological health and autonomous motivation, according to SDT. Similar to how you conceive of physiological demands, you can think of these fundamental requirements (e.g. hunger, thirst, sleep).
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true or false: because the prospects of the firm are tied to those of the broader economy, the valuation analysis must consider the business environment in which the firm operates. true false question. true false
The business environment in which the firm operates must be taken into account in the value research because the firm's prospects are correlated with those of the larger economy. True
To estimate the general value or worth of any asset, including companies, stocks, fixed-income instruments, commodities, real estate, and other assets, valuation analysis is technique employed. In order to make better-investing decisions, investors must evaluate the intrinsic values of company shares through valuation studies.
A prospect is a person or company that meets the criteria set forth by the seller for a potential customer. In essence, a prospect is a potential customer. Based on the consumer profile for your company, you'll select a set of criteria that identify the kind of person who most closely fits the good or service you're attempting to promote.
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suppose the expected and actual inflation rate is currently 2% and the nairu (nonaccelerating inflation rate of unemployment) is 6%. the actions of policy makers drive inflation up to 4% and unemployment down to 4%. which is most likely to occur if no further action is taken?
If no further action is taken inflation will likely remain at 4%, according to NAIRU.
As we are given that the expected and actual inflation rate is currently 2% and the NAIRU (nonaccelerating inflation rate of unemployment) is 6%. the actions of policymakers drive inflation up to 4% and unemployment down to 4%. With the Nairu at 6%, the economy is already operating at full employment. Any attempts to reduce unemployment further through fiscal or monetary policy will likely cause inflation to increase, while any attempts to reduce inflation will likely cause unemployment to rise. Therefore, the most likely outcome is that inflation will remain at 4%.
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as a result a criminal court proceeding, the seizure of money, negotiable instruments, securities, property, or other things of value that was derived from or was used to facilitate a crime or criminal activity is known as:
As a result a criminal court proceeding, of money, negotiable instruments, securities, property, or other things of value derived from or used to facilitate a crime or criminal activity is known as Criminal Forfeiture.
A legal action brought in personam—against the defendant—and containing a notice of the intention to forfeit property in a criminal indictment. Forfeiture is a component of the defendant's sentence and requires a criminal conviction. Criminal forfeiture is only applicable to the defendant's property interests, including any money received from their illicit behavior. The property implicated in the specific counts on which the offender is found guilty is typically the only thing subject to confiscation under criminal law. The forfeiture of a specific item of property named in the indictment, a sum of money as a money judgment, or other property as substitute property may be ordered by the court as part of the punishment process. By a preponderance of the evidence, the government must prove that there was a necessary link between the asset and the offense that led to the conviction. A separate, ancillary action is started to determine any third-party ownership rights in the property the government wants to forfeit once a preliminary order of forfeiture is made.
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expected benefit approaches for valuing long-lived assets are not used in current u.s. gaap because the numbers generated under these methods are inaccurate and:
expected benefit approaches for valuing long-lived assets are not used in current U.S. GAAP because the numbers generated under these methods are inaccurate and non-verifiable
A set of commonly used accounting rules and standards for financial reporting is known as Generally Accepted Accounting Principles (GAAP, or US GAAP). The definitions of concepts and principles as well as industry-specific rules are included in the specifications of GAAP, the standard set by the U.S. Securities and Exchange Commission (SEC). In order to guarantee that financial reporting is consistent and transparent across organizations, GAAP was established. GAAP is just a set of rules. Even though its principles help financial statements be more transparent, they don't guarantee that a company's financial statements won't contain errors or omissions meant to mislead investors.
The SEC has stated that it will adopt the International Financial Reporting Standards (IFRS) instead of GAAP. However, the latter are significantly different from GAAP, and adoption or convergence has been slow. Check out IFRS, the International Financial Reporting Standards.)
GAAP is a product of business and government collaboration, despite the fact that it is not governed by the government. While the SEC requires publicly traded and regulated companies to adhere to GAAP for the purpose of financial reporting, the use of GAAP is not required for all businesses.
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to decrease the money supply using the reserve requirements, what would the fed typically do?
The fed would normally increase the reserve bank requirements in order to reduce the money supply through reserve requirements.
In a sentence, what does typically mean?When explaining how something frequently occurs, you use the word typically. Depending on size, it normally takes a day to two. adverb ("ADV adj") When something exhibits all the typical traits of a certain kind of individual or thing, you describe it "typically."
What does "typically" mean?in a style that illustrates the traits of a specific type of person or item, or provides a typical illustration of a specific thing: It's a town you'd find in America. Usually, I go running during lunch.
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our economists have redone their calculations. they now estimate citizens in our country have an mpc of 0.90. we can fix the problem by decreasing gdp by $450. how much should we decrease government spending?
The government spending should be decreased by $4.5
Gross domestic product (GDP) refers to the total market value of goods and services that is produced in a country's during a period of time
Given the above information, since the MPC is 0.90 and the change in GDP is $450,
The change in the government spending will then be:
$450 = 1 / (1 - 0.90) × ∆G
$450 = 1 / 0.01 × ∆G
$450 = 100 × ∆G
∆G = $450/100
∆G = $4.5
The government spending should be decreased by $4.5
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