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Alex777 [14]
3 years ago
7

The primary source of earnings of commercial banks is income derived from

Business
2 answers:
umka21 [38]3 years ago
5 0

Answer: The correct answer is interest that is receives on money that it has loaned out.

Explanation: The primary source of earnings for commercial banks is income derived from the interest on money that it has loaned out. Banks also earn income from other areas like account fees, but they are not the primary source of earnings.

faust18 [17]3 years ago
4 0

Answer: The primary source of earnings of commercial banks is income derived from the interest collected on loans especially the loans that are extended.

Explanation: When a person borrows money from a bank, the bank makes money off of the interest that they charge to the borrower. Each month when the person makes a payment on their loan, only part of it goes to the principal of the loan and the remainder goes to the bank/lender. When loans are extended, there is more money given to the bank by the borrower.

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Which element of a command economy is also used in a mixed economy
Neko [114]

Answer:

Governments can regulate businesses

Explanation:

I hope that this helped :)

6 0
3 years ago
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The federal accounting standards advisory board's mission is to serve the __________ interest by improving federal financial rep
rosijanka [135]

Hey there

the answer is

to serve the publics interest

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4 0
3 years ago
Which of these conditions helped establish the foundation for a market revolution in the United States
Digiron [165]

Question Completion:

Choices: Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.

Answer:

The condition that helped to establish the foundation for a market revolution in the United States is:

Rapid improvements in transportation and communication

Explanation:

Rapid improvements in transportation and communication spurred innovations.  With innovations, capitalism was born.  Innovations needed factories for mass production.  In turn, according to American History, "factories and mass production increasingly displaced individual artisans and farmers," who survived at subsistent levels.  Large farms grew and produced crops for distant markets, no longer only for family and local markets.  Most of the crops were further processed, packaged, preserved, and shipped through cheap transportation systems like the Erie Canal, using steamboats.  And the rest, they say, is history.

3 0
3 years ago
According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contr
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According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.

<h3>What do you mean by Uniform Commercial Code?</h3>

The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.

According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.

Learn more about uniform commercial code here:

brainly.com/question/8476938

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3 0
3 years ago
The time horizon of the demand curve is one determinant of the price elasticity of demand.If the price of gasoline is relatively
Genrish500 [490]

Answer:

more

Explanation:

we know that here Price Elasticity of demand  is express as

Price Elasticity of demand = PercentageChange is quantity demanded ÷ PercentageChange in price    ...........................1

so that, Demand for gasoline is more elastic in the long run than in the short run because in the long run people can change their preferences and choices.

3 0
3 years ago
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