As part of the nation’s recovery from the Great Depression of the 1930s, the banking system was reformed in which of the following ways?
A. The government paid off loans for large corporations.
B. The Federal Reserve Banks were closed.
C. Banks were deregulated by the government.
D. The banking system was taken off the gold standard.
As part of the nation?s recovery from the Great Depression of the 1930s, the banking system was reformed in which of the following ways? Answer is D. The banking system was taken off the gold standard. [ http://openstudy.com/updates/4f8dab4de4b000310faa7b52
] Auto answered|Score 1|jessMhak|Points 30|User:
What happens to the percentage of an income that is taxed when income rises and the tax is a proportional one?
A. The percentage of tax falls.
B. The percentage of tax rises.
C. The percentage rises and then falls.
D. The percentage of tax stays the same.
In the given scenario, income and tax are proportional to each, therefore, if generated income rises that tax rises as well but therefore net income after tax decreases. For instance, Year 1 generated income is 10,000 and tax charges is 20%, and on year 2 generated income is 20,000 and tax charge is 40%. Income after tax for Year 1 is 8,000 and for year 12,000. Hence, proportional increases in income and tax will cause the net income after tax to decrease. Auto answered|Score .6User:
About half of all federal discretionary spending goes towards
A. Social Security.
B. civilian salaries.
It is: D. defense
Auto answered|Score 1|stan_r|Points 1382|User:
Your neighbor asks you to invest $500 in her new business. You want to invest but are concerned because your neighbor has not had any business experience. How can you offset your risk?
A. Ask for a high interest rate in exchange for the loan.
B. Invest your $500 in a certificate of deposit.
C. Use the $500 to open a savings account.
D. Lend you neighbor the $500 and keep your fingers crossed.
The answer is A. Ask for a high interest rate in exchange for the loan.Auto answered|Score 1|bongche|Points 3864|User:
Your pay stub from your job deducts money for FICA. What does this mean?
A. Money is being withheld to fund Social Security and Medicare.
B. Money is being withheld for federal, state, and city taxes.
C. Money is being withheld for personal exemptions and deductions.
D. Money is being withheld for excise and estate taxes.
A)Money is being withheld to fund Social Security and Medicare. On FICA deduction, money is being withheld to fund Social Security and Medicare. [www.ehow.com/info_7792878_fica-deduction.html
]Auto answered|Score 1|andrewpallarca|Points 18009|User:
How does the risk of a money market mutual fund compare with that of a savings account?
A. A money market mutual fund has less risk than a savings account.
B. A money market mutual fund has slightly greater risk than a savings account.
C. A money market mutual fund has much greater risk than a savings account.
D. The risk of both is about the same.
... in addition to a brokerage account or access to a mutual fund. ... investments have less risk than equity ... [ as a money market account, CD or savings ... www.ehow.com/invest-money/
] Auto answered|Score .6837
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