The federal funds market is shown in the graph below. assume the market is in equilibrium and that the federal reserve has established a 5% target for the federal funds rate. a. suppose that banks are nervous about the next election and hold more excess reserves, causing the amount of reserves at banks to increase. show this change in the demand for reserves in the federal funds market. instructions: use the tool provided 'dff,1' to draw a new demand for reserves curve. plot only the endpoints of the line (2 points total). b. in order to keep the federal funds rate at the target rate, the fed will need to conduct an so the quantity of reserves will to meet the change in reserve demand.

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.