3 years ago

Why is it important to be fiscally responsible?

Business

1 answer:

motikmotik3 years ago

6 0

So you can have food, shelter and help your damily

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A ________ system tracks all communications between the company and the customer, the purpose of each communication, and any nec

jeka94

Contact management is a system that tracks all communications between the company and the customer, the purpose of each communication, and any necessary follow-up.

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2 years ago

If the price of one of the products associated with indifference curves increases, all else the same, what is the result?

Rudik [331]

Answer:

The individual is able to get to a lower level of utility

Explanation:

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3 years ago

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Why is one dollar now worth more than one dollar in the future?

Galina-37 [17]

Because then there will be a limited amount of supplies and resources on Earth, so the value will be rare and expensive.

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3 years ago

Three-year Treasury securities currently yield 6%, while 4-year Treasury securities currently yield 6.5%. Assume that the expect

Reptile [31]

Answer:

The correct answer is 8%.

Explanation:

According to the scenario, the computation of the given data are as follows:

Let 1 year Treasury securities = t

So, Four year Treasury = [(Yield of 3 years Treasury × No. of year) + ( t × No. of year)] ÷ Number of year

So, by putting the value, we get

6.5% = [(6% × 3) + ( t × 1)] ÷ 4

[(6% × 3) + t] = 6.5% ×4

t = 8%

So, the rate on 1-year Treasury securities three years from now is 8%.

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3 years ago

calculate how much credit created by commercial bank when there is a deposit of 80000, reserve requirement is 8% and withdrawl i

Scrat [10]

Answer:

Amount of credit created by commercial bank = 47,840

Explanation:

Given:

Total deposit in bank = 80,000

Reserve requirement = 8%

Withdrawal = 35%

Find:

Amount of credit created by commercial bank

Computation:

Amount available for withdrawal = Total deposit in bank[1 - Reserve requirement]

Amount available for withdrawal = [80,000][1-8%]

Amount available for withdrawal = 73,600

Amount of withdrawal = Amount available for withdrawal[35%]

Amount of withdrawal = 73,600[35%]

Amount of withdrawal = 25,760

Amount of credit created by commercial bank = 73,600 - 25,760

Amount of credit created by commercial bank = 47,840

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3 years ago