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
Social justice and individual justice are different and distinct, yet compatible, concepts.
lana [24]
That statement is true.

The basic difference for social justice and individual justice only rely on the magnitude. Social justice seeks fairness for the whole social group while the individual justice only seek fairness on personal level.
BUT, in order to achieve true social justice, that society have to achieve personal justice as the foundation for the social justice
8 0
3 years ago
Guys I need help.
Kaylis [27]
The Vague Year or haab of 365 days is similar to our modern calendar, consisting of 18 months of 20 days each, with an unlucky five-day period at the end. The secular calendar of 365 days had to do primarily with the seasons and agriculture, and was based on the solar cycle.
4 0
3 years ago
Read 2 more answers
Which of the following statements is the most accurate with regard to specificity coding?
Soloha48 [4]

Option C

It is unlikely to be correct because there are too many stimuli in the world to have a separate neuron for each statements is the most accurate with regard to specificity coding

<u>Explanation:</u>

Encoding specificity is a source that asserts that individual memories are more efficiently regained if outer circumstances at the moment of retrieval are alike to those in actuality at the moment the thought was saved. For situation, pleasant memories are more accessible to obtain when celebrating, or regretful memories are more convenient when in a pessimistic state.

Exactly, the postulate affirms that consciousness is enhanced when data accessible at encoding is also accessible at retrieval. Every individual receptor generates its own mindfulness.

6 0
4 years ago
Hot summers and cold winters best define a __________ climate region.
Inessa [10]

Answer:

bddhdbdhcbfdndjfbjfnffjf

4 0
3 years ago
Read 2 more answers
How did some well-known Americans of the eighteenth century, such as Thomas Jefferson and George Washington, show their interest
seraphim [82]

Answer:

They collected artifacts excavated from ancient North American mounds.

Explanation:

Thomas Jefferson is known as the father of archaeology in the United States. He is also recognized as the individual who directed the first excavation of a mound in Virginia. This is also regarded in archaeological history, as the first ever scientific excavation. George Washington was also known for his collections of artifact evident in the Washington's Distillery and Mount Vernon.

6 0
4 years ago
Other questions:
  • What times of eukaryotic cells have vacuoles that act like lysosomes
    12·1 answer
  • The ability to send vast amounts of data instantly. constantly, and globally and the expanding
    15·2 answers
  • Land values are never penalized due to functional problems in existing buildings because_____________.A. Buildings can be moved
    5·2 answers
  • After the peace treaties of World War 1, Germany
    14·1 answer
  • Centuria has a national government and several state governments. The national government had authorized the state governments t
    15·1 answer
  • Why were cenotes important to the Maya?
    9·2 answers
  • How was segregation in public places made legal?
    7·2 answers
  • 6.
    7·1 answer
  • For your own opinion how culture affects your personality ?
    14·1 answer
  • How do people in rural areas of East Africa make a living?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!