Answer:
Dan is the "supplier" of the funds
Explanation:
Given their willingness to lend their money, savers in this marketplace are on the supply side of the economy.
What is the loanable fund market?
The market that connects savers and borrowers is the loanable funds market.
Model of the market for loanable money
To make what occurs in the economy when borrowers and savers interact more understandable, the loanable funds market model is utilized. A modification to the market model for commodities and services is the market model for loanable funds. In this hypothetical scenario, the exchange of money takes the place of a good and the interest rate replaces the price. In essence, it describes how loans are made and borrowed money is exchanged between borrowers and lenders.
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Answer:
You can withdraw by automatic electronic transfer, check, ATM card or debit card. There are many ways these days to withdraw money from your accounts. Let's go over each.
Explanation:
The answer is d. strategy
Answer:
UNDER THE HISTORICAL COST OF PRINCIPLE THE COST OF LAND WOULD BE $82,000
Explanation:
Historical cost principle is one of many principle that is used in the accounting , where it states that the value of the asset which will be recorded in the asset side of the balance sheet will be based on the original amount of price which was incurred to acquire the asset at the time of purchase. In this we will include the broker's commission and amount spent for demolishing old building
COST OF LAND = purchase price + broker commission + cost on demolishing
= $70,000 + $5000 + $7000
= $82,000
