The answer to the blank space is discriminative stimuli.
A discriminative stimulus means that this thing differs from the others – and thus the person who perceives it will be more likely to be attracted to it. Buy one get one deals are essentially this type of stimulus since people are more likely to gravitate to it than other deals because they believe they will get a better deal by choosing to purchase the item.
Answer:
B. It allows people to buy, sell, and trade goods efficiently.
Explanation:
Medium of exchange refers to an intermediary instrument used to facilitate trade or the transfer of goods and services between parties. An item must be acceptable by the parties involved in the transaction to be used as a medium of exchange. It should represent a fair standard of value.
Money is the most widely used and accepted medium of exchange. It facilitates an easy and quick transfer of goods and services between buyers and sellers. Without money, the selling of goods and services would be conducted on barter trade. Money as a medium of exchange facilitates smooth transactions in business.
Answer:
Price fixing
Explanation:
Any understanding between business contenders or between producers, wholesalers, and retailers to raise, fix, or in any case look after costs. Many, however not all, value fixing understandings are illicit under antitrust or rivalry law.
Unlawful activities might be indicted by government criminal or common authorization authorities or by private gatherings who have endured financial harms because of the lead.
Answer:
Effective annual rate = 6.82 %
Explanation:
given data
loan = 65 % of $2.5 million = $1625000
monthly payment pmt = $10,400
time = 30 year = 30 × 12 = 360
solution
we get here rate first by present value
present value = pmt × ..........1
$1625000 = $10400 ×
15.625 =
solve it we get
r = 0.5517%
and Effective annual rate will be
Effective annual rate =
Effective annual rate =
Effective annual rate = 0.068250
Effective annual rate = 6.82 %
Answer:
Financial intermediation
Explanation:
The feature described is referred to as financial intermediation. These banks and financial institutions borrow money from lenders and lend to the companies that need capital for investment. By doing these, they provide safety in accessing money and spread the risks. It is basically channelling savings to investments by intermediary institutions which include insurance companies, credit unions and pension funds.