Question
please answer all 3 correctly
Payroll taxes are 6.2%, and Medicare taxes are 2.9%. If your employer owes you $665, approximately how much will you get afte
Forward guidance occurs when the Federal Reserve: carries out open market operations to influence future interest rates. prov
You have saved $747. Where should you go if you want to open a checking account? a commercial bank your local federal reserve
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer

1. 604.49

Payroll tax deductible = 665 (6.2)%= 41.23

Medicare deductible = 665 (2.9)% = 19.29

Pay after deduction ( 665-41.23-19.29)= 604.49

2. Provides information about the future course of monetary policy in order to influence expectation about future interest rates

This is a communication from the federal reserve to the whole economy. This is basically state of affairs of monetary policy of the economy and what the money market can expect in the future.

3. A commercial bank

A commercial bank takes deposits from the common population.

(Please consider giving an upvote if you find it useful)

Add a comment
Know the answer?
Add Answer to:
please answer all 3 correctly Payroll taxes are 6.2%, and Medicare taxes are 2.9%. If your...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • answer please 25. A bank borrows money from another bank on an overnight basis to meet...

    answer please 25. A bank borrows money from another bank on an overnight basis to meet reserve requirements in the: a. stock market. b. bond market. c. Federal funds market. d. U.S.Treasury bill market. 26. Fiscal policy in the United States is the responsibility of the: a. US Treasury b. Federal Reserve c. Internal Revenue Service d. US Congress and Administration 27. Monetary policy in the United States is the responsibility of the: b. Federal Reserve a. US Treasury c....

  • In an economy where the money supply and aggregate demand have been decreased by the Central...

    In an economy where the money supply and aggregate demand have been decreased by the Central Bank, you know that the Central Bank is using 答案选项组 a contractionary monetary policy. an expansionary monetary policy. a loose monetary policy. follow expansionary fiscal policy How does monetary policy affect the market? 答案选项组 Monetary policy has a more of an impact on consumption than investment. Monetary policy has a more of an impact on government spending than investment. Monetary policy has an indirect...

  • Directions: Answer the following questions. Explain how you reached the answer or show your work if...

    Directions: Answer the following questions. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. 1. Assume that as of today, the annualized interest rate on a three-year security is 8 percent, while the annualized interest rate on a two-year security is 6 percent. Use only this information to estimate the one year forward rate two years from now. 2. You need to choose between investing in a a one-year municipal bond...

  • A couple of textbook questions I'm having a tough time answering: 1.) Suppose​ that: r​ =...

    A couple of textbook questions I'm having a tough time answering: 1.) Suppose​ that: r​ = required reserve ratio​ = 0.10 c ​= ​{C/D}​ = currency ratio​ = 0.45 e​ = ​{ER/D}​ = excess reserve ratio​ = 0.03 MB​ = the monetary base​ = $3000 billion Given that the formula for the money multiplier is (1+c/r+e+c) find the value for M​, the money supply. The money supply is $____ billion.​ (Round your response to the nearest whole​ number.) Use the...

  • Directions: Answer the following questions on a separate document. Explain how you reached the answer or...

    Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link above. This homework assignment is worth 20 points. Assume that as of today, the annualized interest rate on a three-year security is 8 percent, while the annualized interest rate on a two-year security is 6 percent. Use only this information to estimate the one year forward...

  • ONLY answer if you KNOW it. I am really tired of wrong answers. Also, I know...

    ONLY answer if you KNOW it. I am really tired of wrong answers. Also, I know you are only suppose to ask one question but Ive asked these questions separately multiple times and it has been wrong (I am running out of available questions). So please attempt to answer all of them if possible. Thank you so much! 1.)2.) 2.) 3.) 4.) An open market purchase of securities by the Federal Reserve leads to a(n) _____ in the money supply,...

  • question: The Federal Reserve’s strategy will require changing the money supply. How does the Federal Reserve...

    question: The Federal Reserve’s strategy will require changing the money supply. How does the Federal Reserve do this, and how (and why) does this affect interest rates? You walk into the offices of Global Private Bank early in the moming on February 2nd, 2006. You are employed by the bank to market proprietary financial products to moderate to high net worth customers. Going into the break room to grab a cup of coffee, you flip on the TV to CNBC...

  • Study Guide for Exam Four. Cumulative Material You Want To Know. Module 27. Aggregate Demand. 1....

    Study Guide for Exam Four. Cumulative Material You Want To Know. Module 27. Aggregate Demand. 1. Know the difference between what can cause shifts in the aggregate demand curve. 2. Know what causes movements along the aggregate demand curve. Module 28. Aggregate Supply. 1. What factors cause the short run aggregate supply curve to shift? 2. Know what causes movements along the short run aggregate supply curve. 3. Be able to define and explain the long-run aggregate supply curve. Potential...

  • True/False (1 Point each) 1) When bond prices decrease, their yields to maturity increase. 2) The...

    True/False (1 Point each) 1) When bond prices decrease, their yields to maturity increase. 2) The best forms of money and financial systems enjoy the benefits of trust, belief, and stability. 3) A fundamental function of a commercial bank is to take in deposits and make loans. 4) Traditional banks operate with low margins and high leverage. 5) Rates on bonds issued by a government can be negative. 6) ) The default risk premium is the same as the credit...

  •   1. When it comes to financial matters, the views of Aristotle can be stated as:...

      1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back.  2. Since 2008, when the monetary base was about $800 billion,...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT