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slavikrds [6]
3 years ago
14

An online savings account A) offers lower interest rates because it costs more money to maintain the online site B) offers highe

r interest rates because they don’t have the overhead that standard banks have C) works nothing like a basic bank savings account D) has more restrictions on how often withdrawals can be made and typically require a minimum balance
Business
1 answer:
Artemon [7]3 years ago
5 0

an online savings account,

A) offers lower interest rates because it costs more money to maintain the online site.

The site will not be able to pay higher interest rates as banks does

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In​ 2008, as a financial crisis began to unfold in the United​ States, the FDIC raised the limit on insured losses to bank depos
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The FDIC stands for Federal Deposit Insurance Company.

By raising the limit on insured losses the FDIC helps stabilize the system by instilling confidence.

If the consumer knows that their savings accounts are protected up to $250,000 they will be encouraged to spend money during a time of crisis.

Because of the increased limit, there is less probability that there would be something called

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8 0
3 years ago
M1 is comprised of currency held outside banks + traveler’s checks + __________.
leva [86]
<span>M1 is comprised of currency held outside banks + traveler’s checks + Checkable Deposits
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3 years ago
The following information was available for Pete Company at December 31, 2013:
Leno4ka [110]

Answer:

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Explanation:

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3 years ago
An idea from monetarism that has been absorbed into mainstream macroeconomics would be the Multiple Choice effects of aggregate
vladimir1956 [14]

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5 0
2 years ago
Burke Co. is considering the issue of commercial paper and would like to know the yield it should offer on its commercial paper.
WARRIOR [948]

Answer:

8.5%

Explanation:

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