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3 years ago

All financial intermediaries are authorized depository institutions by APRA to carry out financial intermediation

Business

1 answer:

VladimirAG [237]3 years ago

7 0

Answer:

The correct answer is the option: True.

Explanation:

First of all, the Australian Prudential Regulation Authority or APRA is the name given to an independent statutory authority whose main purpose is to regulate and supervise institutions across banking, insurance and superannuation and promotes financial system stability in Australia.

Secondly, authorized deposit-taking institutions are those financial institutions that are permitted to accept deposits from the public in Australia and all financial intermediaries that are registered are authorized to carry out financial intermediation.

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Answer the question using the following data, which show all available techniques for producing 20 units of a particular commodi

Nana76 [90]

Answer:

This technique would be adopted because it would lower production costs and increase economic profit.

Explanation:

Consider the given problem here there are “4 factors” of production these are “Land”, “labor”, “capital” and “entrepreneurial ability”. Now, price of each input is given in the question.

given the price and the cost adopting “technique 1” is given by.

=> C1 = 4*2 + 3*1 + 3*5 + 2*3

= 32

Similarly, given the price and the cost adopting “technique 2” is given by.

=> C2 = 4*4 + 3*2 + 3*2 + 2*1

= 30

Similarly, given the price and the cost adopting “technique 3” is given by.

=> C3 = 4*2 + 3*4 + 3*3 + 2*1

= 31

Now, given the price and the cost adopting “technique 4” is given by.

=> C4 = 4*4 + 3*1 + 3*1 + 2*4

= 30

Finally, given the price and the cost adopting “technique 5” is given by.

=> C5 = 4*4 + 3*3 + 3*2 + 2*1

= 33

here the most efficient technique is “2 and 4” having least cost.

Now, for new technology the cost of using it is given by.

=> 4*3 + 3*3 + 3*1 + 2*2 = 28 < 30

Therefore, This technique would be adopted because it would lower production costs and increase economic profit.

5 0

3 years ago

Mollie has $550 in a savings account that earns 3% simple interest each year. If she does not deposit or withdraw from her accou

Zepler [3.9K]

As per the given simple interest, the amount in the account after 10 years is $715.

How to calculate Simple interest?

The general formula to calculate the simple interest is written as,

A = P(1 + rt)

Where

A refers Total Accrued Amount (principal + interest)

P refers Principal Amount

r refers Rate of Interest per year in decimal; r = R/100

t refers Time Period involved in months or years

Mollie has $550 in a savings account that earns 3% simple interest each year.

Here we need to find the amount in her account after 10 year.

According to the given question, we know that

Principal amount =$550

Interest rate = 3%

Time period = 10 years

Then the simple interest is calculated as,

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year.

Solving our equation:

A = 550(1 + (0.03 × 10)) = 715

A = $715.00

Therefore, the total amount accrued, principal plus interest, from simple interest on a principal of $550.00 at a rate of 3% per year for 10 years is $715.00.

To know more about Simple interest here.

brainly.com/question/14399880

#SPJ4

3 0

1 year ago

To be considered of high quality, a product must: Select one: a. meet high specifications b. meet customers' stated expectations

masha68 [24]

Answer:

Explanation:

meet safety standards

4 0

3 years ago

Q1. Big Money Monster is a business school. The school bases its budgets on two measures of activity: number of students and num

maxonik [38]

Answer:

Big Money Monster

The spending variance for course supplies is:

$50 Unfavorable.

Explanation:

a) Data and Calculations:

Fixed cost Variable cost Variable cost Total

per month per student per course

Faculty wages $4,000 $0 $20

Course supplies $1,000 $10 $50

Administrative expenses $2,000 $20 $30

Budgeted number of students = 300

Budgeted number of courses = 15

Actual number of students = 280

Actual number of courses = 18

Actual Faculty wages = $4,200

Actual Course supplies = $4,800

Budgeted Costs:

Fixed cost Variable cost Variable cost Total

per month per student per course

Faculty wages $4,000 $0 $20 $4,300

Course supplies $1,000 $10 $50 4,750

Administrative expenses $2,000 $20 $30 8,450

Budgeted costs:

Faculty wages = $4,000 + $0 + $20 * 15 = $4,300

Course supplies = $1,000 + $10 * 300 + $50 * 15 = $4,750

Administrative expenses = $2,000 + $20 * 300 + $30 * 15 = $8,450

Budgeted Cost of Course Supplies = $4,750

Actual Cost of Course Supplies = 4,800

Spending variance for Course Supplies = 50 Unfavorable

4 0

3 years ago

Financial institutions such as commercial banks, bond mutual funds, insurance companies, and pension funds maintain large portfo

inessss [21]

Answer:

The correct answer is letter "B": unfavorably; increases.

Explanation:

As a measure to control inflation in the economy, the Federal Reserve (Fed) tends to increase the interest rate. This to have banks request fewer loans from the central bank which will result in offering fewer credits to individuals. If people have fewer sources of debt, the possibilities that an economic bubble -continuous increase in price due to continuous increase in demand- appear decreases.

However, if people have fewer sources of debt, private investment decreases, causing an unfavorable panorama for financial institutions offering large portfolios of assets.

8 0

3 years ago