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sesenic [268]
3 years ago
7

Yvette is a customer of Apexon Bank, which is a member of the FDIC. She currently has a checking account that has $17,371 and a

savings account with $240,000 in it. How much of Yvette's money is FDIC-protected? A: $240,000 B: $257,371 C: $250,000 D: $0
Business
1 answer:
GaryK [48]3 years ago
4 0
Yvette has a checking account with $17,371 and a savings account with $240,000. Her combined money in Apexon Bank is $257,371. 

To know how much of Yvette's money is protected you must note that:
FDIC insures: checking, savings, money market deposits and certificates of deposit. FDIC protects against $250,000 combined. 

Since Yvette has $257,371 the FDIC protects against $250,000 of that amount leaving $7,371 unprotected. 
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kvv77 [185]
<span>Consider this scenario: in response to an increase in the product's price, producers of mp3 players have increased the quantity supplied. this is an example of Law of Supply.  </span><span>The </span>law of supply<span> states that the quantity of a good supplied rises as the market price rises, and falls as the price falls. </span>
7 0
3 years ago
Suppose a stock market boom makes people feel wealthier. The increase in wealth would cause people to desire: a) increased consu
Stels [109]

Answer:

a. Increased consumption , which shifts the aggregate-demand curve right.

Explanation:

When there is a boom in stockmarket which makes people wealthier, people's consumption would increase because of the desire and availability of money to purchase goods, which results in demand curve shifting right.

The boom in the stockmarket means people investment has appreciated hence are able to save and increase their consumption spending.

A shift in demand curve to the right means an increase in the quantity demand of goods and services while a shift in demand curve left means a decrease in the quantity demand of goods and services.

Other factor that could cause increased consumption and shifts in aggregate demand curve right is tax decrease. Tax is a compulsory levy imposed on an individual or an organization by the government.

When there is a tax decrease, people would be able to save more thus increase their desire to consume more hence demand curve would shift to the right.

3 0
2 years ago
Richard suspects his supervisor of unethical accounting practices. However, hedoes not want to lose his job if he reports the su
Jobisdone [24]

Answer: The employee reporting the unethical behavior can do so anonymously.

Explanation:

Richard can make use of the anonymous user account to report his supervisor's unethical behavior, that way the company can be made aware of the supervisor's wrong behavior and Richard's identity would be kept safe that way he doesn't loss his job.

7 0
2 years ago
Assume that the labor market for retail workers is generally unskilled. If a minimum wage is set in the labor market for retail
bazaltina [42]

Answer:

there will be a surplus of retail workers in this labor market.

Explanation:

In the attached diagram the scenario is illustrated.

When the minimum wage is above the equilibrium wage it means that the minimum wage is above what employees are willing to pay workers. So employees will be less wiling to pay this amount.

There will be a reduction in the number of available slots for workers.

On the other hand workers will receive higher wage than they expected but since the slots for work are now limited there will be a surplus of labour in the market

3 0
3 years ago
Blushing Co. had Total Assets of $105,000, which included Cash of $30,000, Accounts Receivable of $15,000 Merchandise Inventory
madam [21]

The Acid-test ratio of Blushing Co,. is 1.25.

Acid-test ratio is also known as the quick ratio. It is the ratio of a firm's current assets to its current liabilities.  It is a type of liquidity ratio. Liquidity ratio measures the ability of a firm to meet its short term obligation. The higher the acid-test ratio, the higher the liquidity of the firm.

Acid test ratio = (current asset - inventory) / current liabilities

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A similar question was answered here: brainly.com/question/13972407

4 0
3 years ago
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