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Firdavs [7]
3 years ago
11

Credit unions differ from retail banks because they are

Business
2 answers:
mars1129 [50]3 years ago
6 0

Answer:

A

Explanation:

answer on edge

alexgriva [62]3 years ago
4 0

Answer:

A. Owned by their members

Explanation:

Credit unions are a type of financial institution formed by a group of people to provide financial services exclusively to their members. In credit unions, members find the main services available at banks, such as checking accounts, financial applications, credit cards, loans and financing. The main difference is that in credit unions, members are both owners and users, that is, they participate in the management and enjoy the products and services.

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Charles and Dina Bloom live in Swarthmore, PA. Dina's father, Gilberto, lives in Sweden. For each of the following transactions
Reil [10]

Answer:

Dina's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. EXPORT

Charles's employer upgrades all of its computer systems using U.S.-made parts. INVESTMENT

The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. GOVERNMENT PURCHASE

Dina gets a new video camera made in the United States. CONSUMPTION

Charles buys a bottle of Italian wine. IMPORT

Explanation:

The first example shows Dina's father consuming an US product. From the point of view of the US, this is an export. In order for Gilberto to consume a US product in Sweden, it had to be exported beforehand.

The second example shows typical investment. Charles's employer invested funds to improve his machinery in the company. This is a part of GDP that is crucial for the future prosperity of the US economy.

The third example shows the government upgrading US infrastructure. Therefore, it is a government purchase. This part of GDP usually improves public goods and infrastructure.

The fourth example shows a US resident consuming a US produced good. Therefore, it is an example of consumption, since the good does not come from a foreign country.

The last example is an example of import, since Charles uses a product that comes from a foreign country.

3 0
3 years ago
When is the only time to abbreviate on a job application? Question 3 options: In the Personal Information section In the Positio
Alexxandr [17]

Answer:

Availability Section

Explanation:

All the information in a job application needs to be very detailed and with little to no room for interpretation. This is because a job application is a one-time deal meaning you do not get to redo it once you turn it in. If the hiring manager does not understand something in the job application they will simply throw it away and pass on to the next application on the list, they will not waste time on it. Therefore, the only thing that can be abbreviated would be the Availability Section when dealing with days of the week. Instead of spelling out every day you can say any of the following...

Mon, Tue, Wed, Thu, Fri, Sat, Sun

Sat-Sun

Mon-Fri

8 0
3 years ago
American Gas Products manufactures a device called a Can-Emitor that empties the contents of old aerosol cans in 2 to 3 seconds.
kakasveta [241]

Answer:

$157,986.11

Explanation:

Given that

Amount = $75,000

Number of years = 3

Interest rate = 20%

The computation of the present value is shown below:-

Here we will use the P/A factor which is here

Present value = Amount × (1 + Interest rate)^number of years - 1 ÷ (Interest rate × (1 + Interest rate)^Number of years

= $75,000 × ((1 + 20%)^3 - 1) ÷ (0.20 × (1 + 0.20)^3)

= $75,000 × (0.728  ÷ 0.3456)

= $75,000 × 2.106481481

= $157,986.1111

or

= $157,986.11

Therefore for computing the present value we simply applied the above formula.

5 0
3 years ago
Which of the following terms means that people want more things than they can easily acquire?
Law Incorporation [45]
B is the answer. you cant acquire many supplies.
6 0
4 years ago
The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis
rjkz [21]

Answer:

a. True

Explanation:

The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis. This process is also known as capital budgeting.

Generally, capital investment analysis or capital budgeting is used by business firms or governmental agencies to assess and measure the profitability of a long-term investment on a fixed asset such as real estate, machinery or factory equipments etc.

Hence, the management is able to choose the best option for investment after an assessment of which investment would yield a higher level of profits.

8 0
3 years ago
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