If a bank has a positive gap, an increase in interest rates will cause interest income to increase, interest expense to increase, and net interest income to increase.
A bank is a monetary organization that accepts deposits from the public and creates a call for deposit even as concurrently making loans. Lending sports can be immediately done through the bank or in a roundabout way via capital markets.
A financial institution is a monetary institution this is certified to simply accept checking and savings deposits and make loans. Banks also offer related offerings which include character retirement debts (IRAs), certificate of deposit (CDs), currency exchange, and secure deposit packing containers.
Bank, an group that offers in money and its substitutes and gives different money-associated services. In its position as a economic intermediary, a bank accepts deposits and makes loans.
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The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
<h3>What is Economic growth?</h3>
Economic growth is used when a country performs better than the previous years in terms of it economy.
The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.
Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
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Answer:
2.64%
Explanation:
A = P(1 + r)^n
A = $12,000
P = $10,000
n = 7 years
12,000 = 10,000(1 + r)^7
(1 + r)^7 = 12,000/10,000 = 1.2
(1 + r)^7 = 1.2
1 + r = (1.2)^1/7
I + r = 1.0264
r = 1.0264 - 1 = 0.0264
r = 0.0264 × 100 = 2.64%
Answer:
D. Elimination of the price floor
Explanation:
A lowered priced goods facilitates increased quantity demanded but a decreased quantity of a specific goods/product supplied brings about reduction in surplus.
It is important to research several careers rather than just one because, then you could know which career is most likely better for you to work for, and which one would fit you, and if you are comfortable in doing that career.
