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dem82 [27]
2 years ago
6

Christina's bank allows her employer to directly deposit her paycheck into her personal bank account. this service provided by c

hristina's bank is called a(n): group of answer choices atm service. federal deposit insurance corporation (fdic) service. money market service. electronic funds transfer system (efts) service. overdraft service.
Business
1 answer:
11111nata11111 [884]2 years ago
8 0

The service provided by Christina’s bank is called federal deposit insurance corporation service. Thus the second option is correct.

<h3>What is federal deposit Insurance Corporation?</h3>

The Federal Deposit Insurance Corporation is agencies which provides the services of the supply deposit insurance to depositors in American depository institutions and also provides the credit services which regulates and insures credit unions.

In the above scenario, Christina directly deposits her paycheck in the bank in her personal account. Thus the bank provides the services of Federal Deposit Insurance Corporation services to deposit her savings into the bank.

Learn more about federal deposit Insurance here:

brainly.com/question/827771

#SPJ1

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A commercial bank holds $500,000 in checkable deposits liabilities and $120,000 in reserves. If the required reserve ratio is 20
scZoUnD [109]

Answer: E.) Amount created by Single Bank $20,000 and Amount Created by Banking System $100,000

Explanation:

The required reserve ratio = 20%

Checkable deposit liabilities = $500,000

Reserve = $120,000

The required reserve refers to a designated percentage of a commercial bank's deposit which is the minimum that must be held by a commercial bank. Regulation is usuay pronounced by the central bank of the nation.

Banking system loan increase :

Reserve ratio × Checkable deposit liabilities

20% × $500,000 = 100,000

Commercial bank maximum

Reserve amount - required reserve amount

$120,000 - (0.2 × 500,000)

$120,000 - $100,000 = $20,000

7 0
4 years ago
The equilibrium price is: unstable because at this price the quantity demanded is less than the quantity supplied. stable becaus
Makovka662 [10]

Answer:

stable because at this price the quantity demanded equals the quantity supplied.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

Generally, the equilibrium price is generally said to be stable because at this price, the quantity of goods or services demanded is equal to the quantity of goods or services supplied to the consumers.

6 0
3 years ago
Which is an example of a withholding you might see on your pay stub.
snow_tiger [21]

Both A and B (Health Insurance and Retirement Savings) are an example of a withholding you might see on your pay stub.

<h3>Further explanation </h3>

A withholding tax is the income tax paid to the government by the payer of the income rather than by the recipient of the income. Withholding allowance is an exemption that reduces how much income tax of an employer deducts from an employee's paycheck.

A pay stub also known as a paycheck stub or pay slip is the document that itemizes how much employees are paid. It is that outlines the details of their pay of each pay period.

The pay stub include:

  • Gross wages (the amount you earn before deductions)
  • Tax deductions (federal, state, and local taxes, social security, medicare)
  • Other deductions (health insurance, life insurance)

Both A and B (Health Insurance and Retirement Savings) are an example of the withholding you might see on your pay stub. Health insurance is the insurance against illness, accident, injury, poisoning also life threatening conditions.

<h3>Learn more</h3>
  1. Learn more about health insurance brainly.com/question/10257913
  2. Learn more about retirement savings brainly.com/question/10344819
  3. Learn more       about withholding tax brainly.com/question/13401026

<h3>Answer details</h3>

Grade:        9

Subject:  business

Chapter:  pay stub

Keywords:  pay stub, health insurance, withholding tax, retirement savings,  paycheck

3 0
3 years ago
Read 2 more answers
5) If in the market for apples the supply has decreased, then A) the supply curve for apples has shifted to the right. B) there
BARSIC [14]

Answer:

The correct answer is letter "C": the supply curve for apples has shifted to the left.

Explanation:

The supply curve plots in a graph the relationship between the price and quantity supplied of a good or service. According to the supply law, that relationship is directly proportional meaning if the price rises the quantity demanded increases -<em>the supply curve moves to the right</em>- but if the prices fall the quantity demanded drops -<em>the supply curve moves to the left</em>.

4 0
3 years ago
2.what are some of the reasons people don’t manage their money well for the future?
Flura [38]
1) They are young and not so smart o( just a saying), 2) They think they will be rich forever and forever be on top of the world, 3) Ignorance or following the wrong financial advice, 4) Instead of them wisely taking care of their finances, they put it in other people's hands, who of course abuse it as well or take advantage. :)
5 0
4 years ago
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