BUSINESS HIGH SCHOOL

Who benefited from the reconstruction finance corporation answers?

Answers

Answer 1
Answer: The Reconstruction Finance Corporation was a government corporation in the United States from the 1930's-1950's. The Reconstruction Finance Corporation (RFC) supported banks, railroads, mortgage associations and a few other types of businesses. The areas benefited from the RFC because they made loans at the state and local government level available to them. 
Answer 2
Answer:

The Reconstruction Finance Corporation (RFC) was established in the United States in 1932 during the Great Depression.

Its primary purpose was to provide financial assistance to banks, industries, and other businesses in need of capital to stimulate economic recovery.

The beneficiaries of the RFC were mainly large corporations, such as automobile manufacturers, railroads, and financial institutions, which received loans and assistance to stabilize their operations.

By providing financial support, the RFC aimed to prevent widespread bankruptcies and unemployment, thus benefiting both the businesses receiving aid and the broader economy by promoting stability and revitalization.

Learn more about reconstruction finance here

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European Style Furniture (ESF), headquartered in New York, acquires fine furniture from several high-quality manufacturers in Europe and enjoys exclusive distribution rights from them to sell to furniture stores throughout the United States. In this context, ESF is most likely classified as a(n)

Answers

Answer:

reseller

Explanation:

Based on the information provided within the question it can be said that in this context, ESF is most likely classified as a reseller. This refers to a company, business, or individual who purchases goods from other individuals or business with the sole purpose or selling them at a higher price for profit, as opposed to consuming those goods. Which is exactly what ESF is doing with the furniture it purchases.

Financial literacy is the knowledge about _____. banks money reading financial books investing

Answers

Financial literacy is the knowledge about money.

It refers to the skills and knowledge a person has that applies to how he or she manages his or her financial resources primarily money.

Being financially literate is not only knowing how to stay within budget but also knowing how to invest the money at hand for it to earn more. 

Financial literacy is the knowledge about B) money.

A market consists of all of the following elements except: Select one: a. Individuals or Organizations b. Goods, Services, or Ideas c. Entities with the potential to have a desire d. Entities with the potential to have the ability to acquire e. All of the above are characteristics of a market

Answers

Answer:

All of the above are characteristics of a market

Explanation:

A market can be rightly defined as an arrangement of two or more parties who engage in the exchange of goods, services and information. It could simply mean the sum total of buyers and sellers in a given area such as country, region, states or cities. It may be found physically or virtually.  

It has all the characteristics stated in the question.

If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency into the banking system and banks have a desired reserve/deposit ratio of 0.20, then the banks will eventually make new loans totaling ______ and the money supply will increase by _______.

Answers

Answer:

  1. $4,000
  2. $5,000

Explanation:

First we have to determine the money multiplier of Macroland:

  • money multiplier = 1 / 0.2 = 5

If $1,000 are deposited in banks and the banks have a 20% reserve ration, they will be able to lend $800. The $800 will then increase to $4,000 (= $800 x 5) because of the money multiplier.

The total increase in the money supply is given by the $1,000 deposited originally and the $4,000 in increased loans = $5,000

Price ceilings are created to keep products affordable for consumers.Answer a. True
b. False

Answers

Answer : a. True

It is true that price ceilings are created to keep products affordable for consumers. Price ceilings are set by the government. It is a government initiative to regulate the prices of commodities, products and services in the market to protect the consumers' interests and rights. In deciding the price ceiling, it must be considered that it should be below the natural market equilibrium. Legally, the prices can't just be raised suddenly but must follow certain legal and business procedures.

Why are companies required to perform payroll withholding?

Answers

Companies required to perform payroll withholding for them to be able to make sure that their employees pay correct taxes. This is also to avoid later issues that may occur against them if BIR will know that they have employees who were not paying taxes.

Answer:

Hagrid is correct

Companies required to perform payroll withholding for them to be able to make sure that their employees pay correct taxes. This is also to avoid later issues that may occur against them if BIR will know that they have employees who were not paying taxes.

Explanation:

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