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Zanzabum
3 years ago
9

How did the long sunday holiday contribute to the collapse? check all of the boxes that apply. stockbrokers who still had profit

s on their books were afraid that their profits would disappear. stockbrokers who had losses were afraid that those losses might get larger. bankers had a chance to create a pool of money to support the market. investors decided to get out of the market?
Business
2 answers:
Ilya [14]3 years ago
5 0

The answer is:

Stockbrokers who still had profits on their books were afraid that their profits would disappear.

Stockbrokers who had losses were afraid that those losses might get larger.

Investors decided to get out of the market. 


The stock market closed on weekends. So, when these overwhelming fear build up among investors over the weekend, the majority of investors in the market decided to quickly get out of the market by the time it reach monday. This make the capital in the market taken out too rapidly and contribute to the colapse.

Diano4ka-milaya [45]3 years ago
3 0
Stockbrokers who still had profits on their books were afraid that their profits would disappear.

Stockbrokers who had losses were afraid that those losses might get larger.

Investors decided to get out of the market. 

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In 2018, your hotel bill in dollars compared to the cost in 2016 would have been <u>more</u>.

<h3>Why would the cost be higher?</h3>

In the year 2016 the U.S. dollar could buy more Euros that it could in the year 2018.This means that the Euro got stronger.

With the Euro being stronger in 2018 than it was in 2016, spending in Euros would attract more U.S. dollars being spent so the cost of the hotel bill would have been more in 2018.

Find out more on exchange rates at brainly.com/question/1297745.

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2 years ago
You have a credit card and the average balance on that card, year after year, is $4,000. The credit card company charges 21% ann
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3 years ago
Bob makes his first $ 800 deposit into an IRA earning 7.4 % compounded annually on his 24th birthday and his last $ 800 deposit
Likurg_2 [28]

Answer:The answer is $17,387.67

Explanation:

Let Principal = P, Rate = R% per annum, Time = n years

Amount = P ( 1 + R/100)∧n

P = $800, R = 7.4%, n = 24

A = 800 ( 1 + 7.4/100)∧24

A = 800 ( 1 + 0.074)∧24

A = 800 ( 1 .074)∧24

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A = 800× 5.5475569512

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Deposit made at 39th birthday

P = $800, R = 7.4%, n = 39

A = 800 ( 1 + 7.4/100)∧39

A = 800 (1 + 0.074)∧39

A = 800 (1.074)∧39

A = 800 (16.187022604)

A = 800× 16.187022604

A = $12,949.62

How much is in the IRA when Bob retires will be

$4,438.05 + 12,949.62

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6 0
3 years ago
At the beginning of the current year, Snell Co. total assets were $264,000 and its total liabilities were $182,200. During the y
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Answer:

The company's debt ratio at the end of the current year is 66%

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                = 66%

The other information which are given in the question is of no use. That's why we do not consider it. Hence, ignored it.  

7 0
3 years ago
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