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Anuta_ua [19.1K]
3 years ago
5

A public authority that provides banking services to co m m ercial banks and regulates financial institutions and m arkets is ca

lled a A ) thrift institution. B) com m ercial bank. C ) central bank. D ) m int. E) m oney m
Business
1 answer:
Savatey [412]3 years ago
5 0

Answer:

C ) central bank.

Explanation:

Central bank is also known as banker's bank or bank for commercial banks. They are custodians of cash reserves of commercial banks and lenders too. Commercial banks also store a percentage of it's deposit with commercial banks.

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3 0
3 years ago
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Sienna has a car loan with an annual interest rate of 4.8%. She will make the same monthly payment for 48 months, after which th
kvasek [131]

Answer:

-Diego is correct because the loan has to be paid in full by a specific date.

Explanation:

Closed-end-credit is a type of credit where a fixed amount is borrowed and must be repaid in full by the end of a specified period. The amounts to be paid back are the principal and the interests. Sienna took a closed-end-credit because her loan was issued at a go, and she had to repay after 48 months.

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6 0
3 years ago
Suppose an industry has a four-firm concentration ratio of 20 percent and a Herfindahl index of 600. According to the cartel mod
Rina8888 [55]

Answer:

a competitive price

Explanation:

a competitive price

A four firm concentration ratio being just 20% shows and it is not mentioning any monopoly. Also a Herfindahl index of 600 is considered low

therefore a firm in mentioned industry likely to have a competitive price as lot of firms are  competing with same market shares.

competitive price is referred to that tactics where all competitor sells all items at same price.

6 0
3 years ago
How does comparative advantage influence international trade?
bezimeni [28]

Answer:

C. Comparative advantage determines which goods a country should produce  for export.

Explanation:

Just got it right on my quiz!

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