c pay the miminum balance each month
The field of economics is so vast and broad that it is often classified into branches and one of which are the positive and normative economics. Positive economics usually refers to the process and methods of explaining a certain economic phenomenon in which it establishes common relationships among variables present.
Answer:
See below
Explanation:
From the above information, we can deduce that the stock owned by Carol and Dave falls in value by $2,000 I.e ($10,000 - $8,000) ; it is to be noted that Carol solely has realised and recognized loss of $2,000.
Here, one of the cogent factors that determines whether a sale has taken place is if realization has been effected. Here, stock sold by Carol qualifies as a disposition while the decline in the value of stock sold by Dave does not qualify as disposition.
With regards to the foregoing, we can conclude that the federal income tax law treat the decline in the value of the stock differently for Carol and Dave.
<u>Answer:</u>
less
<u>Explanation:</u>
The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.
Large-denomination CDs are negotiable so that like a bond they can be resold in a secondary market before they mature.
- A lender is more likely to make long-term loans as opposed to short-term loans when interest rates are anticipated to rise in the future.
- Noninterest revenue, or off-balance sheet activity, can help banks raise their earnings. What impact do off-balance sheet activities like securities guarantees and backup credit lines have on the risk that the bank faces?
- Banks profit more when interest rates are higher by capitalizing on the discrepancy between the interest they pay to customers and the interest they may gain on investments.
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