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sweet [91]
3 years ago
5

What is the prime rate?

Business
2 answers:
Aloiza [94]3 years ago
6 0

The answer is: a. The prime rate is the best interest rate that banks offer their most creditworthy customers.

In order to be considered as 'creditworthy' , there are several requirements that must be fulfilled by the customers. Such as:

- The customers have collateral for their credit (could be in the form of saving account or private assets)

- The customers never maxed out their credit card

- The customers never late to pay their debt.

- The customers have a steady income.

UkoKoshka [18]3 years ago
3 0
I think the answer is A
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Spalkyn, a footwear company, allows its customers to shop online on its website or mobile app or at its physical stores. At the
Svetach [21]

Answer:

Ownership utility

Explanation:

Based on the information provided within the question it can be said that in this scenario Spalkyn most likely provides Ownership utility. This term refers to when a company allows for the orderly transfer of their goods or services to the buyer. Which is what Spalkyn does by giving their customers various different options when purchasing their goods, so that they can choose whichever option is easiest for them.

6 0
3 years ago
During the last half of 2008, the Fed seemed to take "baby steps" in reducing the federal-funds rate target, before finally lowe
emmasim [6.3K]

Answer:

Why can't the Fed push the rate any lower than zero?

Real interest rates can be lower than zero, or negative (because inflation rate is higher than interest rate), but nominal interest rates are generally only limited to zero. But during this same time, the European Central Bank actually started paying negative interest rates on money deposits and many European private banks followed. That means that they charged people for having their money on the bank.

Why do you think that the Fed was so seemingly reluctant to push the rate all the way to the floor?

The reason why the Fed was not willing to push the interest rates to zero or even below zero was that by doing so, the US dollar would have depreciated or lost value. In Europe this was done to encourage people to spend their money and not save as much, but in the US that is not really a problem. Generally in the US the problem is that people spend too much and save too little, but on some European countries and Japan, people tend to save too much. For example in Japan the national savings rate fluctuates between 22-40%, while the maximum savings rate in the US has been 10.4% in 1960, it currently is around 7.6%.

4 0
4 years ago
When a service organization provides services that affect the initiation, execution, processing, or reporting of a user company'
chubhunter [2.5K]
Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.

</span>
8 0
4 years ago
Louis owns an import business. After traveling to France on numerous occasions, he developed a taste for fine French wines. A ra
leva [86]

Answer:

B) French wines will become more expensive in the United States.

Explanation:

When rate of dollar falls to that of euro, the same number of dollars will purchase fewer French goods, so French goods become more expensive to American consumers. If one travels to Europe (including France), one will exchange one dollar for less than one euro

4 0
3 years ago
What is an economic factor on a business
blsea [12.9K]

Hi there!

<u>Information:</u>

<u>First, allow us to observe what an "economic factor is".</u>

- An economic factor is data taken out of market and economy.

- Economic factor may include certain costs. And these costs well be in our answer.

<u>Problem-Solving / Answer</u>

<u>Now, we figure out what economic factors we can find.</u>

<u>Tax rates</u> - tax rates can include an Economic factor.

<u>Laws</u> - Laws are a known economic factor.

<u>Unemployment</u> - Big one, at this time due to COVID-19, unemployment rates are flying off the charts. This is an example of an economic factor.

Important Keywords;

- Data ; <u>Data can be information taken from a place, for example, you have taken data from a chart.</u>

<u>Learn more:</u>

<u>Push factors: brainly.com/question/13553564</u>

<u>Economic growth: brainly.com/question/13023127</u>

<u></u>

<u />

8 0
4 years ago
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