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3 years ago

1. What are reserves held by banks?

Business

1 answer:

Paraphin [41]3 years ago

7 0

Answer:

This is what I found!

Explanation:

Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals.

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Which is true of an enterprise resource planning (ERP) system?

Evgesh-ka [11]

Answer:

c. It has compatibility problems with legacy systems

Explanation:

Enterprise Resource Planning possess issues with the legacy systems and that is completely a compatibility issue because of technological advancement internally in the organization that creates the same as well.

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3 years ago

Why do some people have a problem with their credit cards?

9966 [12]

Either because they filled it to the limit and haven't paid it off or it's swipe not chip. Also if you're in a different state than where you registered the card you have to call your bank and let them know your out of state

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3 years ago

Read 2 more answers

When there are many producers and many consumers in an economy, the best way to achieve an efficient allocation of resources is

Charra [1.4K]

Answer:

C. freely operating economy in which all markets are perfectly competitive.

Explanation:

When we have a lot of producers and many consumers in an economy, the best way to achieve an efficient allocation of resources is to have a freely operating economy in which all markets are perfectly competitive.

In such a free economy, demand for goods and services are not controlled.
The consumers behavior towards purchasing will determine if producers should allocate more resources to a production process or not.
It is better to make such market competitive without interfering into how resources are managed and dispensed.

5 0

3 years ago

Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are mad

elena-s [515]

Answer:

1. Dr Account receivable $20,500

Cr Service revenue $20,500

2. Dr Interest receivable $450

Cr Interest revenue $450

3. Dr Account receivable $1,420

Cr Service revenue $1,420

Explanation:

Preparation of the adjusting journal entries for each of the following for year ended December 31.

Based on the information given the adjusting journal entries for each of the following for year ended December 31 will be :

1. Dr Account receivable $20,500

Cr Service revenue $20,500

(Being to record Accounts Receivable)

2. Dr Interest receivable $450

Cr Interest revenue $450

(Being to record Interest receivable)

3. Dr Account receivable $1,420

Cr Service revenue $1,420

(Being to record Accounts Receivable)

5 0

3 years ago

What does increasing marginal opportunity costs mean? A. Increasing the production of a good requires smaller and smaller decre

lilavasa [31]

Answer:

B. Increasing the production of a good requires larger and larger decreases in the production of another good.

Explanation:

Opportunity cost refers to the foregone units of production of a good in exchange for producing units of another good.

Marginal cost on the other hand refers to additional cost incurred when an additional unit is produced.

Marginal opportunity cost relates to the additional opportunity cost incurred when additional unit of second good is produced in exchange for foregoing or sacrificing units of production of first good.

Increasing marginal opportunity cost would mean as more and more units of good A are produced, for each extra unit of production of Good A, higher units of production of Good B are sacrificed i.e larger and larger decrease in the production of another good.

4 0

3 years ago