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iogann1982 [59]
4 years ago
7

Which statement is TRUE about insurance coverage on customer brokerage accounts maintained at banks registered solely as municip

al securities dealers
Business
1 answer:
Norma-Jean [14]4 years ago
5 0

Answer: D. No insurance protection is offered on customer municipal accounts maintained at bank broker-dealers

Explanation:

Broker-Dealer are required to register their customers for insurance under the Securities Investor Protection Corporation (SIPC).

Broker-Dealers who however handle only tax-exempt securities such as municipal bonds are not required to be registered under the SIPC.

As this bank handles only municipal securities, they is not required to be registered under the SIPC which means that no insurance protection is offered on customer municipal accounts maintained by them.

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How does the economy work?
xenn [34]
Your question is too broad. It took me two 48-hour courses to learn the basics of how the economy operates.

While it is interesting and I do not wish to discourage your curiosity, please make the question more specific.

For now, all I can say is that the primary function of an economy is integrating the 4 factors of production - Land, Labor, Enterprise and Capital - to produce goods profitably. This is made possible through the interactions between the consumers (also the labor), private firms, financial sector and the government sector. I would suggest watching a video on the circular flow on income on YouTube for more information on these interactions.

Furthermore, economics is concerned with solving the basic economic problem, which is the existence of unlimited wants in relation to the limited resources available on our planet. This leads us making choices (which wants to satisfy through production and consumption) and making sacrifices (which wants to give up as there only a limited amount of resources available). Economics in general deals with attempting to get the most out of the resources available. It deals with anticipating consumer behavior, trends and using this analyzed information to make decisions.

The last thing you should know is that economics is most broadly categorized into two field - Macroeconomics and Microeconomics.

Microeconomics deals with the interaction between individuals, i.e., individuals firms/industries, consumers. This deals with such things as factors affecting the demand of goods, the concept of elasticity, factor affecting supply of goods, the marginal utility theory and so forth.

Macroeconomics deals with the economy as a whole - this includes concepts such as national income (GDP), aggregate demand and supply, the multiplier effect, the factors affecting consumption, investment,government expenditure and net exports, the exchange rate systems and Balance of Payments.

P.S. In the above answer, I have only briefly mentioned the basics. If you would like further understanding of the basics then please YouTube/Google each economics term listed above.
5 0
3 years ago
An investor is looking at two properties, but will only purchase one of them. Each is similar in utility and location, and has a
zhenek [66]

Answer:

contribution would be the answer :)

Explanation:

4 0
2 years ago
Drawing district boundaries to deliberately benefit a candidate or party is an example of:______.
Hunter-Best [27]

Drawing district boundaries to deliberately benefit a candidate or party is an example of Gerrymandering.

Gerrymandering is the practice of drawing electoral district boundaries in a way that gives one political party an unfair advantage over its rivals (political or partisan gerrymandering) or dilutes the voting power of members of ethnic or linguistic minority groups in the United States (racial gerrymandering). A fundamental objection to gerrymandering in general is that it tends to violate two tenets of electoral apportionment: compactness and equality of constituency size.

Gerrymandering can be used to protect incumbents as well. According to Wayne Dawkins, politicians choose their voters rather than voters choosing their politicians. Gerrymandering has a negative connotation, and it is almost always regarded as a corruption of the democratic process.

Learn more about gerrymandering here:

brainly.com/question/17346046

#SPJ4

7 0
2 years ago
what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reas
tekilochka [14]

Answer:

Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.

Explanation:

This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.

5 0
2 years ago
What does SEO stand for and what does it mean exactly?
algol13
I believe SEO stands for Search Engine Optimization<span>. But I don't exactly know what it means :( I hope this helps!</span>
6 0
3 years ago
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