This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Fed purchases 100 million of U.S. government securities from First National Bank. The balance ... (Read 112 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
on: Jun 29, 2018
The Fed purchases 100 million of U.S. government securities from First National Bank. The balance sheet for First National Bank shows ________ in its total assets and ________ in its total liabilities.
 
  A) no change; no change
  B) a 100 million increase; a 100 million increase
  C) a 100 million decrease; a 100 million increase
  D) a 100 million increase; no change
  E) a 100 million increase; a 100 million decrease

Question 2

Suppose the current unemployment rate is 5 percent, the labor force is 400 million people, the labor force participation rate is 80 percent and the working-age population is 500 million people. What number of people are unemployed?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

The number of unemployed people equals the labor force multiplied by the unemployment rate. Hence the number of unemployed people is (400 million)  (5 percent) = 20 million people.


dalyningkenk

  • Member
  • Posts: 598
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Flamingo (Chilean National Zoo) Flamingo (Chilean National Zoo)
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Energy Balance Energy Balance
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Acid–Base Balance Acid–Base Balance
Comparing Fluid Balance Comparing Fluid Balance
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library