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Lerok [7]
3 years ago
15

In recent years debit cards have become popular. Debit cards allow the holder of the card to pay a merchant for gods and service

s directly from a checking account. How do you think the introduction of debit cards affected the amount of currency in the economy? How about the amount of checking account deposits.
Business
1 answer:
enyata [817]3 years ago
3 0

Answer:

Debit cards are assigned to checking accounts, and since they have become more popular, the amount of currency in the economy has decreased while the amount of checking account deposits has increased.

Explanation:

Actual currency (bills and coins) and checking accounts are part of the M1 category of the money supply, since both are considered completely liquid.

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One that would be beneficial to myself and my family.
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3 years ago
Freedom of ownership is part of what and what environment
lys-0071 [83]

Freedom of ownership is part of the government and the public sector business environment.

<u>Explanation:</u>

Freedom of ownership or a sharing vision offers a number of opportunities in the business environment. It allows the government to control the costs, generate the economies of scale and bargain costs down internally.

The freedom of ownership permits access to complex, specialized skills that can not be sourced locally. So this allows the government sector or the public sector environment to run the business successfully and to run it efficiently.

6 0
3 years ago
Outline the differences between chain stores and departmental stores.​
dlinn [17]

Answer:

For chain stores, prices are uniform in all branches while for departmental stores, each department sets its own price. Chain stores sell similar goods while departmental stores deal with different line of goods.

Explanation:

4 0
3 years ago
Read 2 more answers
Barry has a medical plan with a $1,200 deductible, 20% coinsurance, and a $5,000 coinsurance cap. His allowable medical expenses
Trava [24]

Based on his deductible and coinsurance cap, the amount that Barry will pay is <u>$4,560.</u>

<h3>Amount Barry will pay </h3>

Barry will have to pay the entire deductible of $1,200. The expenses that are left will then be shared between him and the insurer in a 20% - 80% ratio but he will not pay more than $5,000.

Total he will pay out of pocket is therefore:

= Deductible + ( 20% x (Medical expenses - deductible))

Solving gives:

= 1,200 + ( 20% x (18,000 - 1,200))

= $4,560

In conclusion, he will pay $4,560.

Find out more on insurance payments at brainly.com/question/25973180.

4 0
2 years ago
In 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000. In 2010 it had a population of 5,100
Rashid [163]

The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:

  • Total GDP / population = real GDP
  • 500,000 / 5000 = X
  • 100 = X
  • 520,200 / 5100 = X
  • 102 = X
  • 102 - 100 = 2

Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.

Learn more in brainly.com/question/4131508

6 0
2 years ago
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