Answer:
The answers are as follows;
1. the total of all accumulated and unpaid deficits (b. Debt)
2. a situation in which outlays exceed revenue (d. Deficit)
3. a situation in which revenue exceeds outlays (a. Surplus)
4. the fee that borrowers pay to debt holders (c. Interest)
Explanation:
When an investor purchases Class A shares of a mutual fund in their brokerage account at a FINRA member firm, the sales charge is apportioned to all of the following except The mutual fund.
<h3>
What does it mean to be a member of FINRA?</h3>
The Financial Industry Regulatory Authority (FINRA) is an independent, nongovernmental organization that writes and enforces the rules governing registered brokers and broker-dealer firms in the United States.
A member is a registered investment firm or a brokerage or a dealership. Generally, an associated person is registered under the company rules and holds an important position at a company making investment decisions.
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Answer:
D. A debit card is approved electronically while checks are not.
Explanation:
A check can take days to clear the bank are not verified when given to the store.
This is an example of <u>Corner Solution.</u>
- A corner solution is a unique answer to the agent maximisation problem when one of the inputs in the maximised function has a quantity of zero. In layman's words, a corner solution occurs when the chooser is unable or unwilling to make a trade-off between several options.
<h3><u>In consumer theory, what do we mean by "corner solutions"?</u></h3>
- A corner solution is one in which none of the goods are present in the ideal bundle. 49 / 70. Consumer choice restrictions. The indifference curve is to the budget constraint at the best bundle if there is an inside solution.
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