Pays higher interest than a savings account

1 answer:

6 0

Savings accounts typically have higher interest rates than checking. You can access your funds easily, too, but savings accounts aren't meant for everyday purchases. In fact, per a federal regulation, you can only take money out of savings six times a month via online banking, among other methods.Apr 15, 2016

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A U.S. Senator from Michigan is in favor of environmental regulations that forbid industries from disposing chemical wastes in r

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Answer:

the trustee view of representation

Explanation:

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If the same patient has an office visit and the charge is 120.00. the patient has met the annual deductible. if medicare allows

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In this case, as long as the patient has met their annual deductable and out of pocket max, they will not have to pay for the visit themselves. Their insurance will take over and pay for the service. Since Medicare allows $95 for the service, they will post $95 as paid to the patients account.

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An avocado orchard employs five full-time workers. Currently, the average product of labor is 120 pounds of avocados per day. T

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Answer:

125 pounds

Explanation:

Firstly, we need to know the total product of labor of the five full time workers.

This is equal to 120 * 5 = 600 pounds

The last worker is 150 pounds

The total now is 600 + 150 = 750 pounds

The average product of the six workers will now be 750/6 = 125 pounds

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3 years ago

Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these de

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Explanation:

Note, for private spending, consumption refers to purchases usually made for present needs, while investment refers to purchases that may provide. For government spending, consumption refers to purchase made to care for the immediate welfare or needs of those governed without any monetary benefits, while investment purchases are done with the perceived future benefits in mind.

Private Spending

Laundromats buying washing machines = Investment
People buying houses = Investment
People buying newspapers = Consumption
People buying food = Consumption

Government Spending

Payment for public safety employees = Investment
Building hospitals = Investment
Building roads = Investments
Buying military equipment = Investment

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An increase in income, holding prices constant, can be represented as A. a change in the slope of the budget line. B. a parall

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Answer:

Option (B) is correct.

Explanation:

If there is an increase in the income of the consumer then as a result there is a parallel shift in the budget line. This increase in income will increase the real purchasing power of the consumers and hence, this would increase the quantity of two goods consumed in an equal proportion.

Other factors remains the same, an increase in the income level of the consumer will increase the consumption of both the goods because the prices of both the goods are constant.

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