1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergey [27]
3 years ago
11

Scenario 2: You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit ca

rd to purchase the phone and you set up automatic billing to pay the monthly expenses. At the end of each month, you pay the credit card bill in full. Does your Credit Score go up or down? Why Does it go up or down? If your score goes down, how can you fix it?
Business
1 answer:
Fed [463]3 years ago
5 0
It goes up because you are paying your payments therefore building credit by showing you are trustworthy..
You might be interested in
Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin
Allisa [31]
This is an example of negative environmental impact of human activities. Nick's factory should be closed immediately. He is destroying a very important ecosystem for the community. 
8 0
3 years ago
Read 2 more answers
The argument advanced by Milton Friedman for adopting a monetary growth rule is that A. the growth rate of M1 has been unstable.
Y_Kistochka [10]

Answer:

C. active monetary policy potentially destabilizes the economy.

Explanation:

5 0
2 years ago
Suppose some banks decide to increase their holdings of excess reserves relative to deposits. Ceteris paribus, this action will
slava [35]

The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.

Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy

Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put <u>decreased</u> pressure on the money supply, and the Fed would act by <u>decreasing</u> the discount rate.

Read more about this here

<em>brainly.com/question/20023706</em>

5 0
2 years ago
Inventory costing methods place primary reliance on assumptions about the flow of:a. goodsb. costsc. resale pricesd. values
Mrac [35]

Answer: B costs

Explanation:

In business and accounting, cost is the monetary value that has been spent by a company in order to produce something.

Cost accounting aids in decision-making processes by allowing a company to calculate, evaluate, and monitor its costs.

4 0
3 years ago
Read 2 more answers
Western Union is in the business of providing a medium for international money transfers. Through the services of Western Union,
tatiyna

Answer: core service

                                                 

Explanation: In simple words, core service refers to the service which are of highly value and importance to the user or provider or both.

These services are considered be essential for smooth operations of an economy or the organisation as the case may be.

In the given case, Western union has the business of transferring payments internationally. Hence we can conclude that they are providing the core service of their business.

5 0
3 years ago
Other questions:
  • You visit an animal shelter and are in a financial position to either adopt a single dog for $500 or donate the $500 to marginal
    9·1 answer
  • Determine the total relevant cost per unit if starters are purchased from an outside supplier.
    11·1 answer
  • Describing How to Save Workbooks
    6·1 answer
  • An annuity may best be defined as:
    9·2 answers
  • Village Corp., a calendar year corporation, began business in year 1. Village made a valid S corporation election on December 5,
    8·1 answer
  • The advantages of _______ are having a greater pool of knowledge, gaining different perspectives, gaining intellectual stimulati
    15·1 answer
  • Define economic profit. Explain how economic profit is different than accounting profit. Why is it important for economists to m
    14·1 answer
  • Martin Company currently produces and sells 35,000 units of product at a selling price of $13. The product has variable costs of
    10·1 answer
  • Happy halloween everyone
    14·2 answers
  • Approximately how many union and confederate soldiers died during the civil war?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!