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3 years ago

How does inflation help explain why banks charge interest on loans

Social Studies

1 answer:

Artyom0805 [142]3 years ago

6 0

Answer:

Explanation:

In general, banks charge interest because that's how they make their money, at least that's what banks used to do. Interest is what they manufacture for their stockholders. Now they do all sorts of things they shouldn't.

If you mean why do they raise interest rates when there is inflation, that is really an excellent question. The hope is that they are making money more expensive to borrow. It affects the money cycle. It makes it harder for people to borrow money so they can spend it on things that they need like housing or cars.

If there is large inflation, then high interest rates protect the bands when money will buy less than before the large inflation. It's an attempt to stabilize money.

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According to Thomas Cook and Dan Campbell, _____ is often the best available approximation of the truth or falseness of an infer

Kryger [21]

Answer:

Answer is Validity.

Explanation:

Validity can be described or explained by assertion of information.

Validity has important function, because it helps people to know that the information that was provided has value. This means that the information or statement provided is not false.

Thomas Cook and Dan Campbell also explain that the validity of an information can also be ascertained by providing and letting readers have access to the sources of references.

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3 years ago

Why is it that when the price of milk increases, the quantity producers make will increase?

3241004551 [841]

When the price increased two things happened: (1) plywood was rationed to its most important uses (not doghouses or decks), and (2) the high prices were an incentive for more plywood to be ... As we can see on the demand graph, there is an inverse relationship between price and quantity demanded.

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3 years ago

Read 2 more answers

How many gallons of antifreeze to winterize camper

anygoal [31]

Answer:

The amount of antifreeze you need in order to winterize your RV varies depending on the size of the vehicle, and the length of the water lines. Usually, two-three gallons of propylene glycol antifreeze is enough. However, if you’re not planning on bypassing this for your water heater, you will need at least six extra gallons of antifreeze.

Explanation:

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3 years ago

Eighteen-year-old Alisha was driving through her neighborhood one afternoon and recognized six-year-old Timmy, a member of the C

Tcecarenko [31]

The correct answer is no.

Alisha was under no obligation to help Timmy, there is no such thing like duty to rescue. There is no legal requirement in the United States to help and rescue someone who is in danger. Even in extreme situation, when a person sees a person falling into a river for example, the witness of the situation is no obliged to assist with help.

There are some cases with some important exceptions: if the defendant created the peril he is obliged to come to the plaintiff's aid, if the defendant started to rescue the plaintiff, he must continue to do so, if the defendant is in a special relationship with the plaintiff ( teacher-student, worker-employer), he is under duty to rescue him.

Alisha was under no duty to inform Timmy's parents of the danger facing him but she should have done it nevertheless. She should at least have phoned them if she didn't have the time to stop by. She knew the boy well and she should have cared more. The need to help the boy should have come from her moral guidance and not as a sense of duty to be performed.

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3 years ago

In the next 20 years, the racial and ethnic diversity of the U.S. population will be distributed more evenly across the nation.

docker41 [41]

Answer:

The correct answer is:

False

Explanation:

According to the information given by the US census bureau, the population of the country will be distributed by the year 2042 as a majority constituted by non-Hispanic white individuals. It is important to take into consideration that this information is mainly based in statistics and presuppositions according to the behavior of the growing population in the last years, nevertheless, it would be impossible to give an exact prediction of the data regarding the distribution of racial and ethnic diversity of the country in the coming future.

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3 years ago