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bearhunter [10]
4 years ago
10

Why do companies use the current model of production (using cheap labour in other countries) for clothing. (why/what benefits ar

e there for companies)
Business
1 answer:
avanturin [10]4 years ago
3 0
So labor laws that are in place in the US aren’t in place in other countries. This means children can work long hours, as well as adults. This means mass produced goods. The minimum wage is much less than we have here in the US so employees cost less. Using cheap materials also saves money.
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Deposits of commercial banks at the Federal Reserve are called ________. A) bankers' acceptances B) time deposits C) repurchase
nikitadnepr [17]

Answer:

D) Federal Funds

Explanation:

Commercial banks are required to maintain reserves with their regional federal banks. For this requirement they have to make regular timely deposits with federal bank.

These deposits constitute federal funds. The Fed utilizes these funds to regulate markets and meet the demand of other market borrowers. Reserve creation with Fed requirements are determined as per the amount of customer deposits each commercial bank gets.

Customers deposit their funds with commercial banks, a proportion of which is deposited by such banks with Federal reserve to meet their reserve requirements.

5 0
4 years ago
You plan to borrow $40,000 at a 6% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year pay
STALIN [3.7K]

Answer:

Interest for second year $2,114.08

Explanation:

given data

loan Amount = $40,000.00  

Interest rate r = 6.00%  

time period t = 7  

solution

we get here first Equal Monthly Payment EMI that is express as

EMI = \frac{P \times r \times (1+r)^t}{(1+r)^t-1}      ................1

here P is Loan Amount and r is rate and t is time period  

put here value and we get  

EMI = \frac{40000 \times 0.06 \times (1+0.06)^7}{(1+0.06)^7-1}    

EMI = $7165.40  

now

we get here interest for second year that is

Closing balance at year 1 = opening balance + Interest - EMI Payment

Closing balance at year 1 =  $40,000  + $2400 - $7165.40  

Closing balance at year 1 =   $35234.60

so Interest for second year $2,114.08

8 0
4 years ago
As a person becomes an expert in an area, he or she will begin to ________ to help organize the information.
Katarina [22]

A. Use larger chunks

8 0
3 years ago
How do fears of future economic problems affect gdp?
lisabon 2012 [21]
People spend less money; GDP falls
5 0
4 years ago
Read 2 more answers
If your broker has been right in her five previous buy and sell​ recommendations, you should continue to listen to her advice. I
elena55 [62]

Answer:

<u>(d)True, brokers often have inside information that is generally not available to the public. You should listen to her and profit from her inside knowledge</u>

Explanation:

  • A broker is a person who has knowledge and expertise in his field of tradings and takes his commission for the services provided as these brokers also tend to have inside information and the success of the broker for the past five years proves this fact.
  • Most of them typically have a formal license and proper training. Most of them are flexible and do dealing with face to face.
7 0
4 years ago
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