The proposed re-designing of the Naira Notes in Nigeria can have several implications for individuals and the Nigerian economy. Here are some potential implications to consider: Counterfeit Prevention, Ease of Use and Convenience, Public Perception and Confidence, Cost of Implementation, Education and Awareness, Counterfeiting Challenges, Economic Impact.
Counterfeit Prevention: One of the primary reasons for re-designing currency notes is to enhance security features and make it more difficult for counterfeiters to produce fake currency. By incorporating advanced security features, such as holograms, watermarks, and embedded chips, the re-designed Naira Notes can help protect individuals from falling victim to counterfeit currency, thus increasing trust in the Nigerian currency.
Ease of Use and Convenience: Redesigning the Naira Notes can also improve the usability and convenience of the currency for individuals. The inclusion of features like different sizes, tactile marks, and contrasting colors can aid visually impaired individuals in easily distinguishing between different denominations. Moreover, if the new notes incorporate modern design elements and updated technology, they can potentially make transactions smoother and more efficient.
Public Perception and Confidence: A well-executed redesign of the Naira Notes can enhance public perception and confidence in the Nigerian currency. A fresh and visually appealing design, coupled with advanced security features, can instill a sense of trust and credibility among individuals and businesses. Increased confidence in the currency can contribute to economic stability and attract foreign investors.
Cost of Implementation: While the redesigning of currency notes offers various benefits, it is essential to consider the cost implications. The printing, distribution, and circulation of new notes require significant resources and infrastructure. The government and the Central Bank of Nigeria (CBN) need to allocate funds for this process, which may divert resources from other important sectors or projects.
Education and Awareness: Introducing redesigned currency notes necessitates educating the public about the new features, denominations, and security measures. It is crucial to conduct awareness campaigns to inform individuals about the changes and ensure a smooth transition. This can involve public announcements, educational materials, and cooperation with banks, businesses, and educational institutions.
Counterfeiting Challenges: Despite the introduction of advanced security features, counterfeiters may attempt to replicate the redesigned Naira Notes. It will be crucial for the government and the CBN to remain vigilant and continuously update the security features to stay ahead of counterfeiters. This may require ongoing investments in research and development to combat counterfeiting effectively.
Economic Impact: The redesign of currency notes can have economic implications as well. It may lead to a temporary disruption in cash flow and transactions during the transition phase. Businesses may need to recalibrate cash registers, ATMs, and vending machines to accept and dispense the new notes. However, if managed effectively, the redesign can contribute to economic growth by promoting transparency, reducing corruption, and improving overall financial system integrity.
Overall, the proposed re-designing of the Naira Notes in Nigeria can have significant implications for individuals and the Nigerian economy. While enhancing security, usability, and public perception, it is crucial to carefully manage the process, educate the public, and mitigate any potential challenges or disruptions to ensure a successful implementation.
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Select the correct answer.
What is a benefit of joining a professional organization for your chosen career path?
A. taking difficult certification examinations
B. participating in competitive events
C. going to regional conferences to get continuing education credits
D. helping with choosing a career path
Answer:
C. going to regional conferences to get continuing education credits.
Explanation:
What is a plan for how much to spend and how much to save of ones earnings called?
A. a wish list
B. a personal budget
C. a saving account
D. an investment portfolio
If there is a decrease in the short-run aggregate supply curve and no changes in fiscal policy are implemented, the economy over time will Group of answer choices Remain at the new price and output level Experience a leftward shift in the aggregate demand curve Return to the original output and price level Experience increasing nominal wages Continue to have rising prices and decreasing Real GDP
Answer: Return to the original output and price level
Explanation:
There is a general consensus in the Economic world that the Economy will usually adjust back to a level of full employment which is the Long Run Aggregate Supply curve.
When the short short-run aggregate supply curve experiences a decrease, the variables at play will adjust to such a point where they will return to the Original Output and price level assuming that was the Long Run AS level. For instance, if the price of a raw material needed in production rises, output will decrease as the inputs have become more expensive. As a result of this decrease in output, unemployment goes up which will theoretically mean that wages will go down as there are now more people looking for jobs. This will reduce the wage cost and producers will take advantage to start producing more bringing the Economy back to the original level.
5. An example of nonstore retailing is the vending machine from which you purchased a soda.
Nonstore retailing refers to the sale of products or services through channels other than physical stores. This type of retailing has become increasingly popular with the rise of e-commerce and the availability of online platforms. Nonstore retailing can take many forms, including online stores, catalogs, direct mail, and vending machines.
Vending machines are a common example of nonstore retailing. They are automated machines that dispense products such as snacks, drinks, and other consumer goods. Vending machines can be found in various locations, including schools, airports, and office buildings.
One of the benefits of nonstore retailing is convenience. Vending machines allow customers to purchase products without the need for human interaction, which can be helpful in situations where there are no physical stores nearby or during off-hours. Additionally, vending machines can be used to sell niche products that may not be available in traditional retail stores.
In conclusion, the vending machine from which you purchased a soda is an excellent example of nonstore retailing. It is an automated machine that allows customers to purchase products conveniently without the need for human interaction. Nonstore retailing has become an essential part of the retail landscape, providing consumers with more options and convenience than ever before.
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Which level of government are Planning workers most likely to work for?
A) state
B) federal
C) local
D) international
The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).
A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.
When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.
A variety of essential services for residents and companies in certain areas are handled by the local government.
Therefore, the correct option is "C".
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how does an organization align its project governance with its corporate governance? select all that apply
-By considering the long-term and short-term interests of the organization.
-By providing stakeholders with timely, relevant and reliable information.
-By making thoughtful decisions about which projects to take on and avoiding projects if they don't have sufficient resources.
An organization can align its project governance with its corporate governance in a number of ways. One way is by considering the long-term and short-term interests of the organization. This helps to ensure that the organization is making strategic decisions that align with its overall goals and objectives.
Another way is by providing stakeholders with timely, relevant, and reliable information. This helps to ensure that stakeholders have the information they need to make informed decisions about the organization's projects.
Finally, an organization can align its project governance with its corporate governance by making thoughtful decisions about which projects to take on and avoiding projects if they don't have sufficient resources. This helps to ensure that the organization is able to effectively manage its resources and avoid overcommitting to projects that it may not be able to complete.
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TransTech sells its product for $150. Marginal cost is a constant $120 per unit and fixed costs are $71,250.
1. What is the breakeven quantity? Please specify your answer as an integer.
The breakeven quantity for TransTech is 2,375 units.
The breakeven point refers to level of production at which total revenues equal total expenses. To calculate the breakeven quantity for TransTech, we will use the formula:
Breakeven Quantity = Fixed Costs / (Selling Price - Marginal Cost)
In this case, the given information is as follows:
Fixed Costs = $71,250
Selling Price = $150
Marginal Cost = $120
Plugging in the values into the formula:
Breakeven Quantity = $71,250 / ($150 - $120)
Breakeven Quantity = $71,250 / $30
Breakeven Quantity = 2,375 units
So, based on the given information, the company's breakeven quantity is 2,375 units.
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What is the economic importance of fish farming in Nepal?
Which function of the marketing mix enables you to reach out to customers
Answer:
promotion
Explanation:
for plato
Betsy owned a speedboat that was not operating correctly. She hired Gail, a mechanic, to determine what needed to be repaired or replaced on the boat. Gail concluded that the boat needed over $5,000 of work to run safely. Upset by the news, Betsy decided to get a second opinion from Kathy, another mechanic. Kathy advised Betsy that the boat only needed a new fuel pump, which cost considerably less than $5,000. Betsy decides to sell her boat instead of repairing it. When a prospective buyer asks Betsy whether the boat has been inspected by a mechanic, she will:_________.
Answer:
Betsy should simply tell the truth: that the boat was actually inspected by two mechanics, but not only it was not repaired, but both mechanics had a very different diagnosis about what was wrong with the boat.
She should also warn the buyer that the boat likely needs at least a new fuel pump, and in case the diagnostic of the first mechanic (Gail) is true, the boat then would likely need an expensive repair.
__________ sensors for example, work when a foot steps on a pressure-sensitive pad under a rug, or a window is opened.
Passive sensors, as an instance, work while a foot steps on a strain-sensitive pad under a rug, or a window is opened.
Passive sensors are commonly reactive devices that detect modifications in their surroundings, together with adjustments in temperature, stress, or mild, and transmit this statistics to a central tracking machine or controller. those sensors do now not actively emit any alerts or require a strength source, making them low-maintenance and price-powerful.
Passive sensors are normally utilized in home security structures, environmental tracking, and industrial programs to hit upon changes in conditions and trigger appropriate responses. they are regularly paired with lively sensors, which includes movement sensors or cameras, to provide a comprehensive tracking answer.
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Two firms are developing a product for a market of fixed size. The longer the firm spends on the development, the better the product is. But the firm releasing the product first has an advantage: a customer may not switch to a better product once got used to a worse one. We model the situation in the following way. A firm that releases first at time t gets h(t) share of the market, leaving the remainder to the competitor. We assume that h(t) is an increasing function of t with h(0) = 0 and h(T) = 1. If the firms release simultaneously, each gets half of the market. Represent this situation as a strategic game and find its Nash equilibria.
The Nash equilibrium of the strategic game is for both firms to release simultaneously at the start of the time period, with each firm obtaining a market share of 0.5.
To represent the situation as a strategic game, we can define the following:
Players: Two firms, Firm 1 and Firm 2.
Actions: Each firm chooses a release time, t, within a given time period.
Payoffs: The market share each firm obtains based on their release time.
Assumptions:
The longer a firm spends on development, the better the product and the higher the market share it obtains.
The firm that releases first has an advantage, as customers may not switch to a better product once they are used to a worse one.
The market size is fixed.
Now, let's define the payoffs for each firm:
Firm 1's Payoff:
If Firm 1 releases at time t and Firm 2 releases simultaneously or later, Firm 1's market share is h(t), and Firm 2's market share is 1 - h(t).
Firm 2's Payoff:
If Firm 2 releases at time t and Firm 1 releases simultaneously or later, Firm 2's market share is h(t), and Firm 1's market share is 1 - h(t).
If both firms release simultaneously, they each get half of the market, so their market shares are 0.5.
To find the Nash equilibria of this strategic game, we need to identify the release times for each firm that maximize their payoffs given the actions of the other firm.
Since h(t) is an increasing function of t, each firm would prefer to release earlier to maximize its market share. However, if one firm releases earlier than the other, it gains an advantage, so there is an incentive for both firms to release as early as possible.
Therefore, the Nash equilibrium of this strategic game is for both firms to release simultaneously at the beginning of the time period, where they each receive a market share of 0.5. This is the only stable outcome where neither firm has an incentive to deviate from their chosen action.
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What best describes the relationship between short and long-term goals?
which of these statements about job interviews is incorrect?
One incorrect statement about job interviews is that the interviewer's sole purpose is to assess the candidate's qualifications and skills.
In reality, the interviewer's role extends beyond evaluating qualifications. They also assess the candidate's fit within the company culture, their communication and interpersonal skills, and their ability to contribute positively to the team. The interview process serves as a two-way evaluation, allowing both the interviewer and the candidate to determine if there is a mutual fit for the position and the organization. It is essential for the interviewer to create a comfortable environment that encourages the candidate to showcase their strengths and potential contributions. Additionally, the interviewer should also provide an opportunity for the candidate to ask questions and learn more about the company and the role they are applying for.
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Under the allowance method of accounting for uncollectible accounts, Group of answer choices the cash realizable value of accounts receivable is greater before an account is written off than after it is written off. Bad Debt Expense is debited when a specific account is written off as uncollectible. is debited when a specific account is written off as uncollectible. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off. Allowance for Doubtful Accounts is closed each year to Income Summary.
Answer:
how are the answer choices seperated
do females like when being proposed? or which way? to make it official.
Answer:
yes few like few not .
sometimes it's even worst
This information descrihac tha 3. Lyle Inc. produced 3,700 units of finished product, using 15,000 pounds of raw material. Lyle purchased 16,000 pounds for $158,400. The material standards for the product are 4 pounds at $10 per pound. What are the materials quantity variance and materials price variance, respectively? a. $2,000 F;$1,500 F b. $2,000U;S1,500 F c. $2,000 F;$1,500 J d. $2,000U;$1,500U c. None of the above.
The material standards for the product are 4 pounds at 10 per pound. What are the materials quantity variance and materials price variance, respectively.
The Material quantity variance (MQV) and Material price variance (MPV) can be calculated using the following formulas:
Material Quantity Variance = (Standard Quantity for Actual Production – Actual Quantity of Materials Used) x Standard Price per Unit.
Material Price Variance = (Standard Price per Unit – Actual Price Paid) x Actual Quantity of Material Used.
According to the information provided;
Standard Quantity of materials required per unit = 4 pounds
Actual quantity of materials used = 15,000 pounds
Actual production = 3,700 units
Standard Price per pound of materials = 10
Actual price paid for 16,000 pounds of materials = 158,400
Here are the calculations for MQV and MPV:
Material Quantity Variance = (4 - 15,000/3,700) x 10
Material Quantity Variance = - 6,756.76 ~ 6,757 (Unfavorable variance because the actual quantity of materials used is much higher than the standard quantity required)
Material Price Variance = (10 - 9.9) x 15,000
Material Price Variance = 1,500 (Favorable variance because the actual price paid is lower than the standard price)
Therefore, the Materials quantity variance and Materials price variance are -6,757 (Unfavorable) and 1,500 (Favorable), respectively.
Hence, the correct option is B. 2,000 U; S1,500 F.
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The profession of marketing is only about
years old.
A.3000
B. 50
C. 1000
D. 100
Answer:
B.50 anserwer........Explanation:
TYFreda is a cash basis taxpayer. In 2019, she negotiated her salary for 2020. Her employer offered to pay her $21,000 per month in 2020 for a total of $252,000. Freda countered that she would accept $10,000 each month for the 12 months in 2020 and the remaining $132,000 in January 2021. The employer accepted Freda’s terms for 2020 and 2021. a. Did Freda actually or constructively receive $252,000 in 2020? b. What could explain Freda’s willingness to spread her salary over a longer period of time? c. In December 2020, after Freda had earned the right to collect the $132,000 in 2020, the employer offered $133,000 to Freda at that time, rather than $132,00
Answer:
A. N0
B. She may likely bargain for the payments that was reason been that she expects the payments to be in a lower marginal tax bracket in 2021
C. NO
Explanation:
a. No .Based on the information given the amount of $252,000 was NOT constructively received in the year 2020 reason been that She has the amount of $132,000 which is a deferred income amount that
is not constructively received in 2019 and the reason why the amount was not received was because been under the main contract terms she did not have the sole right to receive the income in the year 2020.
b. Freda's willingness to spread her salary over a longer period of time may be due to the fact that She may likely bargain for the payments reason been that she expects the payments to be in a lower marginal tax bracket in the year 2021
c. Based on the information given she is NOT in constructive receipt of the income in the year 2020.
forward contract may be used for which of the following? 1) a fair value hedge of an asset. 2) a cash flow hedge of an asset. 3) a fair value hedge of a liability.
A forward contract may be used for 1) a fair value hedge of an asset and 3) a fair value hedge of a liability.
A fair value hedge is a type of hedge that aims to offset changes in the fair value of a specific asset or liability. In this case, a forward contract can be utilized to mitigate the risk associated with fluctuations in the value of the asset or liability.
For example, if a company wants to hedge against the potential decrease in the value of an asset, such as a commodity or a foreign currency, it can enter into a forward contract to sell that asset at a predetermined price in the future. This helps protect the company from potential losses due to a decline in the asset's value.
Likewise, if a company wants to hedge against the potential increase in the fair value of a liability, such as a fixed-rate loan, it can enter into a forward contract to buy the liability at a predetermined price in the future. This helps the company offset the potential increase in the liability's value and manage the associated risks.
On the other hand, a forward contract is not typically used for 2) a cash flow hedge of an asset. Cash flow hedges are designed to mitigate the risks associated with uncertain future cash flows, such as changes in interest rates or exchange rates affecting future cash inflows or outflows. For cash flow hedging, other derivative instruments, such as interest rate swaps or options, are commonly used.
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A country wants to create a fair economy for its people. The government takes control over the country's biggest companies and puts groups of workers in charge. All citizens are encouraged to share the wealth produced in these companies equally, This situation best reflects the influence of which economic thinker? O A. Adam Smith O B. Karl Marx O C. John Maynard Keynes O D. Thomas Robert Malthus
Answer:
B). Karl Marx
Explanation:
Karl Marx is the economic thinker whose influence has been best reflected in the given situation as it talks about socialism which is the intermediate phase between capitalism and attaining full communism as per Marx. Socialism advocates collective pr governmental ownership and administration of the means of production and distribution of goods as mentioned in this situation. It is the foundation to communist society (Marx's proposed version of an ideal economy) where the people hold the ownership of distribution of resources collectively. Thus, option B is the correct answer.
prime factorization of 1624
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
a contract may be discharge in all of the following scenarios except:
A contract may be discharged in all of the following scenarios except when there is no change in the contractual obligations of the parties involved.
A contract may be discharged in various scenarios except when the parties involved have not fulfilled their contractual obligation. In other words, a contract remains valid and binding if the parties continue to fulfill their respective contractual obligations without any alterations, breaches, or legal intervention. To explain contractual obligation, it refers to the duties and responsibilities that each party has agreed to perform under the terms of the contract. The other scenarios where a contract may be discharged include mutual agreement, impossibility of performance, breach of contract, and operation of law.
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write a letter to your father asking for money to buy textbooks and pay for your school fees
Answer:
pay
Explanation:
A firm's value depends on its expected free cash flow and its cost of capital. Distributions made in the form of dividends or stock repurchases impact the firm's value and the investors in different ways. In some cases, analysts notice that groups of similar investors tend to flock to stocks that have dividend policies consistent with their financial needs. This circumstance is an illustration of: O the residual dividend policy. O the clientele effect. dividend irrelevance theory. O the signaling hypothesis. Green Mountain Producers Inc. is an oil drilling company and has some free cash flow that is not expected to be used to finance future growth or potential investment projects. The company plans to distribute its free cash flow to its shareholders but is still deciding whether the distribution should take the form of a stock repurchase or the payment of a cash dividend. Which of the following is a characteristic of a firm's optimal dividend policy? O It maximizes the firm's stock price. It maximizes the firm's return on equity. O It maximizes the firm's earnings per share. It maximizes the firm's total assets. Modigliani and Miller argued that each shareholder can construct his or her own dividend policy. This statement is: True. False Modigliani and Miller also pointed out that many institutional investors do not pay taxes and can buy and sell stocks with very low transaction costs. For these investors, dividend policy is relevant than it is for an individual investor. more Some researchers and analysts have r trend in which firms that increase their dividends see an increase in their stock price. The theory of information content explains t less omenon. 27
The answers to the given questions are as follows:
1.The circumstance described where groups of similar investors tend to flock to stocks that have dividend policies consistent with their financial needs is an illustration of the "clientele effect."
2.A characteristic of a firm's optimal dividend policy is that it maximizes the firm's stock price.
3.The statement that Modigliani and Miller argued that each shareholder can construct his or her own dividend policy is "False." Modigliani and Miller actually argued that dividend policy is irrelevant in a perfect capital market.
4.The statement that Modigliani and Miller pointed out that dividend policy is more relevant for institutional investors who do not pay taxes and have low transaction costs is "False." Modigliani and Miller's theory suggests that dividend policy is irrelevant regardless of the investor type.
5.The trend in which firms that increase their dividends see an increase in their stock price is explained by the "information content" theory.
The circumstance described where groups of similar investors tend to flock to stocks that have dividend policies consistent with their financial needs is an illustration of the "clientele effect." This effect suggests that investors with specific income or tax requirements are attracted to stocks that offer dividends or dividend growth, leading to the formation of investor "clientele" groups.A characteristic of a firm's optimal dividend policy is that it maximizes the firm's stock price. The primary goal of an optimal dividend policy is to enhance shareholder wealth by increasing the value of the company's shares, which in turn attracts investors and positively affects stock price.The statement that Modigliani and Miller argued that each shareholder can construct his or her own dividend policy is "False." Modigliani and Miller's theory of capital structure suggests that dividend policy is irrelevant in a perfect capital market, as investors can create their desired dividend payout by selling a portion of their shares or reinvesting dividends.The statement that Modigliani and Miller pointed out that dividend policy is more relevant for institutional investors who do not pay taxes and have low transaction costs is "False." Modigliani and Miller's theory proposes that dividend policy is irrelevant regardless of the investor type, as investors can adjust their own preferences through trading activities.The trend in which firms that increase their dividends see an increase in their stock price is explained by the "information content" theory. This theory suggests that dividend increases are viewed positively by the market as a signal of the firm's financial health and future prospects, leading to an upward impact on stock prices.
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A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 11 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.
Answer:
the net present value is $11,961
Explanation:
The computation of the project NPV is as follows;
The net present value is
= Present value of cash inflows - initial investment
= $8,000 × PVIFA factor for 11 years at 10% - $40,000
= $8,000 × 6.4951 - $40,000
= $51,961 - $40,000
= $11,961
Hence, the net present value is $11,961
The same is to be considered
alisha was told that if she ever has a problem, she should first go talk with her direct supervisor. if the problem is not resolved, she should approach the hr manager. which form of adr does this demonstrate? multiple choice question.
In most companies, an open door policy indicates to employees that a supervisor or manager is open to an employee's questions, complaints, suggestions, and challenges.
What is the open door policy?The intention is to promote open dialogue, constructive criticism, and discussion of any potential employee problems. A manager's door may be open, for instance, and staff members are welcome to drop by and speak with them. Discuss the open door policy's operation so that staff members will feel at ease if they need to use it. The introduction of the Open Door Policy boosted foreign influence in China, which fueled a surge in anti-foreign and anti-colonial feeling there. As a result of the backlash against Westerners, many missionaries serving in China were murdered, and nationalist sentiment among the Chinese rose. the act of performing something covertly without telling anyone as far as the media is concerned, we are adopting.To learn more about open door policy refer to:
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What is the range for the 68-95-99.7 distribution?
The range for the 68-95-99.7 distribution is approximately three standard deviations from the mean.
What is the range covered by the 68-95-99.7 distribution?In statistics, the 68-95-99.7 distribution, also known as the empirical rule or the three-sigma rule, is a guideline that applies to data that follows a normal distribution. It states that approximately 68% of the data falls within one standard deviation of the mean, about 95% falls within two standard deviations, and roughly 99.7% falls within three standard deviations.
To understand the range covered by this distribution, we can visualize it as a bell-shaped curve. The mean of the distribution represents the central value, and standard deviations measure the spread of the data. The range for the 68-95-99.7 distribution extends approximately three standard deviations on both sides of the mean. This means that for a normal distribution, about 68% of the data points fall within the range of mean ± one standard deviation, 95% within mean ± two standard deviations, and 99.7% within mean ± three standard deviations.
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If the fed wanted to expand the money supply as part of an antirecession strategy, it could?
The Federal Reserve could expand the money supply as part of an anti-recession strategy by taking a number of actions.
First, the Federal Reserve could reduce the federal funds rate, which is the rate at which banks lend to each other. This could be done by buying government bonds from banks, which would increase the money supply and lower the rate.
Second, the Federal Reserve could engage in quantitative easing by purchasing government bonds and other assets from banks. This would increase the money supply and provide liquidity to the banking system.
Third, the Federal Reserve could engage in open market operations by buying and selling government securities. This could be used to increase the money supply and provide liquidity to the banking system.
Finally, the Federal Reserve could reduce reserve requirements, which are the number of money banks must hold in reserve in order to lend money. This could be used to increase the money supply and provide liquidity to the banking system.
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