1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adell [148]
3 years ago
6

When consumers swipe a card, either debit or credit, to make a transaction with a merchant, the merchant pays an interchange fee

to the card-issuing bank. Generally, the interchange fee for a debit card is 1% of the purchase amount, while for a credit card it is 1.6% of the purchase amount. In 2009, the average interchange fee was 44 cents. In December 2010, the Federal Reserve proposed capping that interchange fee to 12 cents per transaction. Who are the three primary stakeholders in this proposal, and what do you predict their positions will be relative to this proposal?
Social Studies
1 answer:
siniylev [52]3 years ago
5 0

Answer:

The three primary stakeholders are the banks, the merchants, and the consumers.

Banks = Against, since this would mean that they will be receiving less

Merchants = For, since they would be paying less

Consumers = Generally unaffected. But I believe they would be more against the proposal because if interchange fees are capped, then the banks will find other ways to retrieve the lost revenues by other means, such as increasing the interest or etc.

You might be interested in
Identify what group in society Hamilton believed should run the government. A. Governed by small, independent farmers B. Governe
galina1969 [7]
The answer is C. He believed the government should be run by the rich, able well born/ elites.
3 0
3 years ago
Which of the following disorders is the most common among men who seek sex<br> therapy?
iogann1982 [59]

Answer:?????????????????????????????????????????????????????????????????????????????????????????

Explanation:

3 0
3 years ago
tell me what you know about gender, race, class, religion and how, if at all do you think these things might be present in a cla
Pavel [41]

Explanation:

Read this website (its very useful) you may find an answer somewhere within it.

https://www.highspeedtraining.co.uk/hub/classroom-equality-diversity/

8 0
3 years ago
"Brandy Austin used powdered infant formula manufactured by Nestlé USA, Inc., to feed her infant daughter. Austin claimed that a
kifflom [539]

The case should be on the venue where Austin bought the infected formula manufactured by Nestle USA Inc.

It doesn't affect if the baby was born in South Carolina: They cant say the alleged harm occur there just because the baby was born there. The harm occurred where Austin bought the formula by Nestle, if the formula was bought in Minnesota, South Carolina shouldn't be involved in this case just because Austin's residency.

The case shouldn't be transferred, the final verdict it should be determined by the laws of the state where the harm object (In this case the formula) was bought and consumed.

5 0
3 years ago
Why would human capital be so important Israel
rodikova [14]

Answer:

to remain competitive

Explanation:

between Israel and other advanced economies in terms of labor productivity, income inequality and the incidence of poverty are some of the main challenges facing Israeli policymakers, said the Governor of the Bank of Israel Wednesday, while presenting the central bank’s 2017 annual report to the government.

An “essential part” of dealing with these challenges is “improving the human capital of the overall population and reducing the gaps among its various groups,” Karnit Flug said in a cover letter to the report. For that purpose, the overall education system should be improved to yield better student achievements, and there should be a concerted effort made to reduce the knowledge gaps between students from various population and socioeconomic groups and varied geographic backgrounds.

3 0
3 years ago
Other questions:
  • Jeff and matthew are middle-class members of their community. each earns a good living with a good paying job. when a riot occur
    15·1 answer
  • What's it called when someone starts a war to profit off the war?
    11·1 answer
  • Should the u.s have annexed Hawaii?
    11·2 answers
  • How many votes does it take to confirm a supreme court justice?
    5·1 answer
  • What makes up our personality "NATURE OR NURTURE "?
    15·1 answer
  • Which of the following potentially fatal medical conditions is not a known consequence of the electrolyte imbalances that can oc
    7·2 answers
  • Discuss how the concepts in this course can be related or compared to real-world situations like political issues of today's tim
    7·1 answer
  • N a speech given on March 5, 1946, British Prime Minister Winston Churchill said an "iron curtain has descended across the conti
    7·1 answer
  • what are the different financial professions? write the duties and responsibilities of any two of them?​
    9·1 answer
  • What is law of conservation of mass ?<br><br>kesi hai mehendi mene banayi hai​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!