Services are tangible (you can’t hold it or touch it), nonseparable (it happens at the transaction), variable (it can be different each time it is created)
Answer:
Disclosure of plans and projections to secure loans.
Explanation:
Essentially, businesses present plans of ideas in proposal so as to secure loans from both financial and nonfinancial institution. such businesses are at risk to lose business ideas to individuals who come across this document if the business idea is not protected by law.
This may also lead to legal procedures too early which may stifle the funds of the organization.
Answer:
A financial planner
Explanation:
A financial planner is an expert in budgeting and money management matters. They help individuals and companies plan and achieve long term financial objectives. A financial planner assesses the client's financial aspects such as income, investment, savings, and expenditure and advice them accordingly.
Jared must be a financial planner. His responsibilities revolve around assisting people in making long-term financial plans.
Answer:
Using Taylor's rule, when the equilibrium real federal funds rate is 3 percent, the positive output gap is 2 percent, the target inflation rate is 1 percent, and the actual inflation rate is 2 percent, the nominal federal funds rate target should be <u>6.5 %.</u>
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![3+2+\frac{2-1}{2} +\frac{2}{2} = 6.5](https://tex.z-dn.net/?f=3%2B2%2B%5Cfrac%7B2-1%7D%7B2%7D%20%2B%5Cfrac%7B2%7D%7B2%7D%20%3D%206.5)
FDIC monitor banks by analyzing Call Report data and examination findings relative to the emerging trends.
The FDIC monitor banks to ensure that they are operating within the bounds of the law and are not engaging in any illegal or unsafe practices. They also work to ensure that banks are providing customers with the best possible service and are protecting their deposits
If the FDIC finds that a bank is not meeting these standards, they will take action to correct the situation. As a result, the FDIC has a better understanding of the risks that banks face and is better equipped to protect consumers from financial fraud.
To know more about banks, click here.
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