When an organization expands into a totally new line of business, it is implementing a strategy of:?

Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in t

hichkok12 [17]

Answer:

In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. FALSE.

Banks keep only a portion of the customer deposits in the bank vault. A small portion is kept with the Fed called the Reserve Requirement.

Banks typically loan out a portion of customer deposits. TRUE.

Banks only loan out the portion of customer deposits that they did not leave with the Fed.

Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. TRUE.

When too many people try to withdraw from a bank, the bank might not meet these obligations because they loaned out money to people and those people were not yet due to pay back. This is a bank run.

The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. TRUE.

The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs. FALSE.

As explained in the first paragraph, the Fed requires that banks keep a portion of customer deposits with the Fed instead of the total value of customer deposits.

6 0

3 years ago

Select the items that describe perfect competition.

MA_775_DIABLO [31]

C) open entry and exit.

4 0

3 years ago

A retail store had sales of $44,900 in April and $55,000 in May. The store employs eight full-time workers who work a 40-hour we

WINSTONCH [101]

Answer:

0.52%

Explanation:

Productivity in April = $44,900 / (((8*40) + (8*12)) * 4)

Productivity in April = $44,900 / ((320 + 96) * 4)

Productivity in April = $44,900 / (416 * 4)

Productivity in April = $44,900 / 1664 hours

Productivity in April = $26.98 per hour

Productivity in May = $55,000 / (((8*40) + (11*17)) * 4)

Productivity in May = $55,000 / ((320 + 187) * 4)

Productivity in May = $55,000 / (507 * 4)

Productivity in May = $55,000 / 2028 hours

Productivity in May = $27.12 per hour

% increase in productivity per hour = ($27.12 - $26.98) / $26.98

% increase in productivity per hour = $0.14 / $26.98

% increase in productivity per hour = 0.0052

% increase in productivity per hour = 0.52%

6 0

2 years ago

Market failures : a) are only a concern when they result in prices that are too high. b) apply exclusively to situations where p

ZanzabumX [31]

Answer:

d) result in overproduction or underproduction of a good.

Explanation:

Market failure occurs when market forces fails to allocate goods and services efficiently.

The government usually intervenes to correct market failure.

Externalities usually lead to market failure.

Positive externality is when the benefits of economic activities to third parties exceeds its cost. Research and development usually yield postive externality.

Goods that yield postive externality are usually underproduced. Government can intervene by giving subsidies and grants which encourages production.

A negative externality is when the cost of economic activities to third parties exceeds the benefit. Pollution is an example of negative externality. Goods that yield negative externality are usually overproduced. Government can intervene by taxing companies producing negative externality. This would increase the cost of production and discourage production.

I hope my answer helps you

4 0

3 years ago

If a person receives a paycheck for $600.00 and the government takes $200.00 in income taxes, it is a result of which amendment?

Ket [755]

Answer:

Sixteenth (16th)

Explanation:

The sixteenth amendment in the United States Constitution provides the right to Congress whereby, it can levy the taxes in the form of income tax on the amount of income, without segregating it in any manner, that is in no manner it is apportioned in relation to any number or weightage of the population concerned of the state.

This amendment thereby provides for straight tax as discussed in the example.

3 0

3 years ago