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lianna [129]
2 years ago
3

Banks that are members of the Federal Reserve have the benefit of

Business
2 answers:
LiRa [457]2 years ago
5 0
Banks that are members of the Federal Reserve have the benefit of earning dividends from stock in the Federal Reserve.
lord [1]2 years ago
5 0

I believe the answer is: earning dividends from stock in the Federal Reserve.

Banks that considered as members of the Federal Reserve is considered to have a certain percentage of ownership in the Federal Reserve, and would be issued a certain amount of stock as proof of ownership.

The dividend given by the federal reserve to the members would be depended on the amount of stock that they have.

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You purchased 500 shares of Barden Enterprises stock for $55.43 per share at the beginning of the year. The stock is currently p
krok68 [10]

Answer:

Dividend yield is 2.91 %.

Explanation:

Dividend yield = Annual Dividend per Share / Stock Price per Share × 100

<em>where,</em>

Annual Dividend per Share = Total Dividends ÷ Total Number of Shares

                                              = $835 ÷ 500

                                              = $1.67

<em>then,</em>

Dividend yield = $1.67 / $57.48 × 100

                        = 2.905 or 2.91 %

4 0
2 years ago
Advice from most financial advisers states to spend no more than 28% of one's gross monthly income for one's mortgage payment, a
meriva

Answer and Explanation:

The computation is shown below:

a. For the maximum amount that spend each month on mortgage payment is

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 28%

= $924

b. . For the maximum amount that spend each month on total credit obligatons

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 36%

= $1,188

c. Now the maximum amount spend for all other debt is

For monthly mortgage

= $924 × 70%

= $646.8

And, for mortgage debt

= $1,188 × 70%

= $831.60

7 0
2 years ago
Which of the following is the best example of a high-contact service?
nexus9112 [7]

Answer:

The correct answer is letter "D": Plastic surgery.

Explanation:

Services are activities offered to satisfy third parties' needs in exchange for compensation. High-contact services are those that meet uncertain demands and require a certain set of skills. Typically, high-contact services are expensive. <em>Hospital and nursing assistance</em>, <em>legal </em>or <em>financial advice</em> fall into this category.

5 0
2 years ago
Economists occasionally speak of "helicopter money" as a short-hand approach to explaining to increases in the money supply. sup
Ksenya-84 [330]

Answer and Explanation:

a. In case when the new bills are kept by the people so the supply of money would be increase by a very similar amount as it was dropped off the plane. That's because the banking is not in the image, so there is no impact on the money multiplier.

b. If the amount is deposited in the bank, the cash supply would rise with the money multiplier being taken into account. Money Multiplier = Deposited currency / reserve ratio. The overall supply of money that will raise be 1 billion / 0.1.

c.Again, if a 100% reserve banking is exercised by the bank, so the boosted money supply would be the same value as it has been deposited.

d. If half of the value is held by the public and half of the value is deposited with the bank at 10% of the reserves, the supply of money rises by half of the amount which is held by the public in addition of half of the value / reserve ratio that is 10%.

6 0
2 years ago
Jeff visited a car dealership and test-drove a used car. After discussing the price with Jake, a salesman at the dealership, and
Orlov [11]

Answer:

Since this whole sales agreement is about a car, then it falls under the statute of frauds. Any sales contract or offer for any amount of $500 or more needs to be signed. We are not told the final price of the car, but if we consider that only the discount was $500, then we can assume that the price of the car was higher than that. Since the note was not signed, then the promise is not valid.

6 0
2 years ago
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