Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States

Answers

Answer 1

The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."

The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.

Some of the lasting effects of these reforms include the following:

The Board of Governors to determine the monetary policy.

The reforms established the Federal Deposit Insurance Corporation.

The reforms also separate commercial banks from investment banks.

Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.

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Answer 2

Answer: Depositer funds are insured against potential loss in the event of a bank failure.

Explanation:

The FDIC enacted the Banking Act of 1935 which persists to today. This act protects depositors from possibility of financial loss. Your funds are legally guaranteed and protected by the government. This insurance protects the likelihood of a bank run, because most depositor funds will not be lost due to the insolvency of any individual firm; it is a fixture of the modern banking system.


Related Questions

why must a monopoly supply a good or service that has no close substitute

Answers

Answer:

Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.

Explanation:

In May 2020, Whitney filed for divorce from her husband, Michael. Although they lived apart for the last six months of the year, their divorce is not yet finalized; they are still legally married. Whitney does not wish to file a joint 2020 return, and she has no qualifying child or qualifying relative. What filing status should Whitney use?

Answers

The filing status to be used by Whitney in 2020 is Married Filing Separately.

The filing status of an individual determines the tax return form an individual will use and includes 5 categories such as:

Single. Married filing jointly. Married filing separately. Head of household. Qualifying widow(er) with dependent child.

Married filing separately is used by married partners that choose to record their incomes and deductions on separate tax returns.

The Married Filing Separately helps one of the partner to own his/her tax liability separate from the spouse's tax liability.

Therefore, in conclusion, the filing status to be used by Whitney in 2020 is Married Filing Separately because the divorce is not yet finalized, thus, still legally married.

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Suppliers deliver product to restaurants on a regular schedule throughout the week. You are responsible for checking delivery or having another staff person do so. What are key things to look for?
a) Is the quality up to your standards?
b) Damaged and unsellable items
c) is anything missing from the invoice?
d) Incorrect items
e) All of the above

Answers

Answer: e) All of the above

Explanation:

new haven products has used lifo inventory valuation for the life of the company. each year, their lifo reserve increases. what can be assumed about the prices of inventory?

Answers

It can be assumed that the prices of inventory is increasing.

The LIFO method is an inventory system where the inventory purchased last is assumed to be the first to be sold. Ending inventory would be made up of inventories that were first purchased.

The FIFO inventory is an inventory system where the first purchased inventory is assumed to be the first to be sold. Ending inventory consists of inventory that was purchased last.

The LIFO reserve is the difference between the FIFO inventory and the LIFO inventory.

LIFO reserve = (FIFO inventory) - (LIFO inventory).

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If Japan ____, then Japan is guilty of dumping cars into the US market.
A) sells cars in the US for a price above production costs
B) sells cars in the US for a price below production costs
C) produces cars at a lower cost than the US can produce them
D) produces cars at a higher cost than the US can produce them

Answers

Answer: A) sells cars in the US for a price above production costs

Explanation:

Hope this helps!

Who uses the FAFSA once you have submitted it?

Answers

Answer:

Once your FAFSA is processed by Federal Student Aid, your SAR is sent to the colleges that you listed on your FAFSA. Each college will use the information on your SAR to determine your eligibility for federa

Answer:

Once your FAFSA is processed by Federal Student Aid, your SAR is sent to the colleges that you listed on your FAFSA. Each college will use the information on your SAR to determine your eligibility for federal and nonfederal student aid.

Explanation:

What happens if a monopolist increases the price of a good?

Answers

Answer:

By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.

Explanation:

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Why do internal economies of scale lead to imperfectly competitive​ industries? A. Patent laws prevent firms from entering the market. B. Large firms have cost advantages over small firms. C. This is an observation based on measurable data. D. There are barriers to entry due to large fixed costs.

Answers

Internal economies of scale lead to imperfectly competitive industries because large firms have cost advantages over small firms, so the correct answer is B.

Economy of scale is the economic advantage that is realized by operating on a larger scale. In general, the average cost per unit of output decreases with increasing scale because fixed costs are spread over more units of output. Operational efficiency is also often greater with increasing scale, which in turn leads to lower variable costs.

When an industry is characterized by economies of scale, it can lead to a monopoly or oligopoly. Only large companies can then produce economically, which means that the barriers to entry for new market players are high.

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which market structure is defined by a single producer?

Answers

Answer:

Monopoly. A condition that has none of the requirements for a competitive market such as adequate competition, knowledge of prices and opportunities, mobility of resources, and competitive profits is called a(n)

Explanation:

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On December 31, 2020, Coolwear, Inc. had a balance in its prepaid insurance account of $55,400. During 2021, $93,000 was paid for insurance. At the end of 2021, after adjusting entries were recorded, the balance in the prepaid insurance account was $45,500. Insurance expense for 2021 was:

Answers

Based on the amount paid for insurance and the prepaid balance, Coolwear Inc. probably had an insurance expense of $102,900.

The insurance expense of the year can be calculated as:

Closing prepaid insurance = Opening prepaid insurance + Amount paid for insurance - Insurance expense

Solving will give:

Insurance expense  = Opening prepaid insurance + Amount paid for insurance - Closing prepaid insurance

= 55,400 + 93,000 - 45,500

= $102,900

In conclusion, insurance expense was $102,900.

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how can I do my homework better

Answers

Answer:

By studying and reading your homework.

because it is hard to fire employees, ________ is widely held as one of the most important hr practices to do well.

Answers

Answer:

pandemic

internet

social media

letter

give bonus

give kiss hahha

Because it is hard to fire employees, selection is widely held as one of the most important hr practices to do well.

Selection is very important when it comes to hiring a candidate as selection process help the human resource manager or hiring manager to pick the right candidate or suitable candidate for the job.

For a company or organization that was to succeed, choosing the right candidate is important as this enables the company to achieve their aims and objectives.

A right candidate is the person who has the best interest of the company at mind and who always put in his or her best in every tasks.

Selecting a wrong candidate can affect the company growth as the candidate may be someone who perform poorly or who is incompetent when it comes to tasks or duties assign to them and they may mostly have the interest of the company at mind

It is important that hiring managers select the right and the best candidate so as to avoid the stress of having to fire employees.

Inconclusion because it is hard to fire employees, selection is widely held as one of the most important hr practices to do well.

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Commenced business with cash of Rs 20,000 and Goods worth Rs 25,000​

Answers

Answer:

Whats the question

Explanation:

identify characteristics of notes payable that are not common to accounts payable.

Answers

Notes payable and Accounts payable are both used to represent the obligations that a company has to an entity. They are however different in certain ways such as:

Payment period Conversion Entities owed

The following are differences between notes payable and accounts payable:

Payment period - Accounts payable are to be paid in less than a year whereas Notes payable can either be less or more than a year.

Conversion - Accounts Payable can be converted to a notes payable if the company is unable to pay them off in time. A Notes payable on the other hand, cannot be converted to an Accounts payable.

Entities owed : Accounts payables are owed to suppliers of the company but Notes payable are owed to financial institutions.

In conclusion, notes payables and accounts payables have several differences.

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Can someone pls help me write a cover letter for a resume

Answers

Cover letters are very dependent on what you’re looking for. There are a lot of websites online that can help you create one.

Coffee Company had a $500 beginning balance in its supplies account. The company purchased $2,000 of supplies during the accounting period. A physical count of supplies determined that $400 of supplies were on hand at the end of the accounting period. The amount of supplies expense to be recognized is ______.

Answers

Answer:

$2,100

Explanation:

Supplies is a asset which is debited to add, credited to remove

We start with $500, and purchase $2,000, leaving us with $2,500 in supplies.

We have $400 left at the end of the accounting period.

$2,500 - $400 = $2,100 (used)

Therefore, we make our adjustment, and debit the Supplies expense account for $2,100

According to the video, the work of Heating and Air Conditioning Mechanics and Installers combines the skills of which workers? Check all that apply. Pump Operators Plumbers Electricians Refrigeration Specialists Power Plant Technicians Hydroelectric Production Managers

Answers

Answer:

B,C,D

Explanation:

Plumbers

Electricians

Refrigeration Specialists

as the attrition loss in a process increases, what happens to the yield?

Answers

Answer:

The yield decreases

Explanation:

write short notes by Napier bone ​

Answers

Answer:

Napier's bones is a manually-operated calculating device created by John Napier of Merchiston, Scotland for the calculation of products and quotients of numbers. The method was based on lattice multiplication, and also called 'rabdology', a word invented by Napier. Napier published his version in 1617.

in response to a shortage caused by the imposition of a binding price ceiling on a market,

Answers

In response to a shortage caused by the imposition of a binding price ceiling on a market,

a. price will no longer be the mechanism that rations scarce resources.

b. long lines of buyers may develop.

c. sellers could ration the good or service according to their own personal biases.

A binding price ceiling is when the government or an agency of the government sets the maximum price of a good or service below the equilibrium price.

When price of a good is set below the equilibrium price of the good, the producer surplus would decreases and the consumer surplus would increase. This would lead to an excess of demand over supply. As a result, a shortage would occur. As a result of the shortage, black markets would occur.

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features of government​

Answers

Answer:

Key features of the democratic governments are:

People choose their own representatives to the parliament.

Free and fair elections are held at regular intervals.

Judiciary is independent of the control of executive and legislature.

There is an increased participation of people in political processes.

Explanation:

that the answer hope it helping

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Kelly is 28 years old and lives in California. This year 2019 tax year, Kelly bought a new auto for $20,000 plus 1,650 in state and local sales taxes. Besides this sales tax, Kelly also paid $8,260 in state income taxes mortgage interest of $5,500 (400,000 acquisition indebtedness on her residence). If Kelly files single with AGI of $56,000, what amount of itemized deductions will she be eligible to claim

Answers

$8260 + $5500= 13,760 State income taxes, but not sales taxes,

Which account will have the highest annual percentage yield (APY)?

A. One that is compounded yearly.

B. One with simple interest that is calculated monthly.

C. One with simple interest that is calculated yearly.

D. One that is compounded monthly.

Answers

The account that will have the highest annual percentage yield (APY) is the "One that is compounded monthly."

This is because, generally, the compound interest account earns more money than a simple interest account.

This is because, in a compound interest account, you not only earn interest on your original money, you also earn interest on the profit you earned or accumulated.

Hence, given that the regular or frequently your money and profits increase or compound, the higher your whole account would increase at the end of the year.

Therefore, in this case, it is concluded that the account compounded monthly will have the highest annual percentage yield (APY) because the whole money is multiplied frequently or monthly.

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__________________ innovations are new and useful products that change everything, but particularly customer behavior. __________________ innovations are new and useful products that change everything, but particularly customer behavior. Dynamically continuous Discontinuous Continuous Dynamically discontinuous

Answers

Answer: Discontinuous

Explanation: I hope this helps

higgins enterprises is accepting notes receivable from four customers for $18,000 each. which customer will end up paying the least in interest, assuming all individuals pay in full on the maturity date?

Answers

Answer:

328.5

Explanation:

18000*annual interest rate*days/360

18000*7.3%*90/360 = 328.5

Based on the amount accepted as notes receivables and the interest rates, the individual that will pay the least interest is Individual 3.

Individual 1:                                                        Individual 2:

= Amount x Interest x Period / year                 = 18,000 x 5.98% x 1 year

= 18,000 x 6.75% x 4/12 months                     = $1,076.40

= $405

Individual 3:                                                       Individual 4:

= 18,000 x 7.3% x 90/365 days                       = 18,000 x 7.15% x 8/12 months

= $324                                                              = $858

In conclusion, Individual 3 will pay the least interest.

The customers in question are:

A. Individual 1 has an annual interest rate of 6.75% and a maturity date of four months.

B Individual 2 has an annual interest rate of 5.98% and a maturity date of one year.

C Individual 3 has an annual interest rate of 7.3% and a maturity date of 90 days.

D. Individual 4 has an annual interest rate of 7.15% and a maturity date of eight months.

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To help food advertisers produce more effective advertising, the Food Marketing Institute did a study that asked respondents which of four reasons best explained why they wanted to eat more nutritiously: to lose weight, to prevent health problems later in life, to follow their doctor's advice, or to manage an existing medical condition. The answer to this question is an example of ________ research.

Answers

Considering the situation described above, the answer to this question is an example of quantitative research.

This is because quantitative research is a type of research that seeks to measure and interpret numerical data.

It is carried out by gathering, assessing, and decoding numerical data. These data can be responses from people, which are then ranked based on number of respondents on each response.

Thus, in this case, the options that ranked highest in number would be the option the researcher would pick.

Hence, in this case, it is concluded that the correct answer to the question is Quantitative Research.

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________ capital is the economic or productive potential of employee knowledge and actions.

Answers

Answer:

human capital i think

Explanation:

At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible Accounts of $940 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 6% of accounts receivable. Bad debt expense for the year should be:

Answers

Answer:

$5,230

Explanation:

Account receivable balance = $310,000

Credit balance in allowance for uncollectible accounts = $970

Given percentage = 2%

So by considering the above information, the bad debt expense is

= Account receivable balance × given percentage - credit balance in allowance for uncollectible accounts

= $310,000 × 2% - $970

= $6,200 - $970

= $5,230

which of the following identifies the goods or services of a specific business, person, or organization?

Answers

The term that helps in identification of goods as regards this question is B: Trademark.

A trademark can be regarded as an intellectual property, which helps in offering of protection for a brand.

It identity the source where the goods/service comes from, and distinguish it from someone else business.

Therefore, option B is correct.

CHECK THE COMPLETE QUESTION;

Which of the following identifies the goods or services of a

specific business, person, or organization?

Trademark

License

Fair use designation

Copyright

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Which of the following is true for the federal government budget each year?​

Answers

The federal government budget each year is considered to run from October 1 of one calendar year through September 30 of the next.

The federal government budget in the United States each covers three major spending categories.

These spending categories include the following:

The federal agency funding: this is often referred to as "discretionary spending."

Interest on the debt: a maximum of 10% of the total funding.

Funding for Social Security: this is often referred to as Mandatory spending. It covers activities like Medicare, veterans benefits, etc.

Hence, in this case, it is concluded that the federal government budget each year is used to run the country's affairs.

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