1) demand deposit account.
2) Computer software.
3) Saved for emergencies.
4) A job.
5) It's far more difficult to manage an account electronically.
6) Checks written after the statement closing date wouldn't appear on the statement.
7) When a check is drawn for more than the balance, the rest comes from a credit card account.
8) The account holder does not need to record the amount of the purchase in his or her check register.
9) All the above.
10) Easier.
Answer:
Saving can only be done in person. Investing can be done both in-person and online.
Explanation:
Saving refers to keeping some funds aside for use during emergencies. Individuals and institutions also save as a way of accumulating funds for a specific intention. Banks and other deposit-taking institutions offer saving services to pool funds and lend them for investment and consumption.
Saving will attract lower interest rates, sometimes below the inflation rate. Banks offer lower rates on saving and charges a higher interest rate to borrowers to make profits. Because saving offer lower returns, they are suitable for short-term periods. Savings are relatively safer than investment.
Investments offer higher returns but have a higher risk. Due to their price volatility, investments are suited for the long-term to safeguard against price fluctuations.
Frictional unemployment is the result of voluntary employment transitions within an economy.
17,000 * 17,000 * 0.15 = 43,350,000
(Hope this helps...)
Answer:
Unsystematic risk
Explanation:
<em>The portfolio theory posits that the total risk on a collection of assets (i,e a portfolio) can be reduced by spreading the invested fund into different assets that are uncorrelated.</em>
<em>According to this model, the total risk on a portfolio is divided into systematic and unsystematic risks. The theory assumed by diversification, the unsystematic risk associated with a portfolio is eliminated.</em>
Unsystematic risk essentially are those unique individual assets for example. if we invest in company stock, risk associated with factors like bad management , law suit against a company, defect in company;s products are example of unique or systematic risks
