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2 years ago

Why would it be important to have a low minimum balance requirement on a student checking account?.

1 answer:

7 0

It would be important to have a low minimum balance requirement on a student checking account in order to reflect a student's lifestyle.

<h3>What is a minimum balance requirement?</h3>

A minimum balance requirement refers to the minimum amount of money that is required to keep in a bank account, usually in order to claim the account's monthly fee.

Bank required the depositers and account holders to keep the minimum amount of money in the bank account due to various reasons. The major reason is that, it allows the bank to have more deposits, which in turns allows them to lend more money.

Basically, Banks require minimum balances to maintain certain regulatory financial ratio requirements.

Learn more about minimum balance requirement here:

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Suppose the total market value of all the final goods and services produced in the country of Cannedada was $4 billion in 2008 (

Elena-2011 [213]

Answer:

D. The change in real GDP cannot be determined without more information.

Explanation:

GDP is the total value (P X Q) of final goods & services produced in an economy during a period of time.

Real GDP is measured at constant base year price level, such that it reflects change only due to quantity & not price rise (inflation).

Nominal GDP is measured at current year price level, it reflects change due to both quantity & price rise (inflation).

Nominal GDP / Real GDP = GDP Deflator. It measures the average price level change in current period relative to base period, helps eliminating price change effect & converting Nominal GDP into Real GDP .

Cannedada: 2018 Nominal GDP = $4 Billion, 2019 Nominal GDP = $5 Billion

Nominal GDP has increased between 2008 & 2009. Production rise between 2008, 2009 cant be found without 2009 Real GDP. Average price level rise between 2008 & 2009 cant be found without 2009 Real GDP (through GDP deflator).

4 0

3 years ago

Wyatt Oil has 8 million shares outstanding and is about to issue 10 million new shares in an IPO. The IPO price has been set at

dexar [7]

Answer: 141 million

Explanation:

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3 years ago

_____ involves the collection, organization, and analysis of numerical data.

Crazy boy [7]

Statistics is your answer i believe

8 0

4 years ago

Read 2 more answers

Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An Amer

coldgirl [10]

Answer:

957 pounds of pepperoni

Explanation:

In this problem, orders (T) are being taken every 5 weeks while the delivery (L) is approximately 4 weeks. Given a probability of 98 %, we can estimate that the area [F(z)] under the ' z' left side of the normal distribution curve is 0.98. Therefore,

0.98 - 0.50 = 0.48, using the standard normal table, for an area of 0.48, the value is 2.055. Thus, the pounds pepperoni (Q) that will be ordered:

Q = 130(5+4) + 2.055(120) - 460 = 1170 + 246.6 - 460 = 956.6

Approximately 957 pounds of pepperoni.

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3 years ago

According to Forrester's Social Technographics Model a ______ score measures how common it is for a target segment to share prod

matrenka [14]

According to Forrester's Social Technographics Model a Use score measures how common it is for a target segment to share product and service experiences.

<h3>What is Forrester Social Technographics Model?</h3>

This is the model that was developed by this person which focuses on social behaviors.

The model is one that helps commercial business peiople to target the behaviors of their audiences for the sake of building customers relationships.

Read more on Forrester's Social Technographics Model here:

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2 years ago