1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatuchka [14]
3 years ago
12

A commercial bank like Comerica creates money by Group of answer choices making loans. earning profits. printing paper money. se

lling corporate bonds.
Business
1 answer:
steposvetlana [31]3 years ago
6 0

Answer:

The answer is A. by making loans.

Explanation:

Commercial banks don't print paper money(printing paper money is the sole responsibility of Central banks of every country) rather, commercial banks create money by making giving out loans to businesses, individuals or governments.

Money lent out to borrowers is gotten from deposits from customers. it is known that when banks lend out money(an asset to banks) a new deposit must be sourced from through new deposits from customers(a liability to banks)

You might be interested in
Company utilizes the LIFO retail inventory method. Its cost-to-retail percentage is 60% based on beginning inventory and 64% bas
djyliett [7]

Answer:

new layer at cost = $32000

Explanation:

given data

cost-to-retail percentage  

beginning inventory = 60%

current period purchases = $50,000

retail value = $50,000

solution

we get her new layer at cost that should be here as

new layer at cost = retail value × current period purchases    ......................1

put here value ans we will get

new layer at cost = $50,000 × 64%

new layer at cost = $32000

6 0
3 years ago
A one-brand-name strategy should be adopted when the name cannot be pronounced in the local language, when the brand name is own
marishachu [46]

Answer:

False

Explanation:

A brand is a name, term, design, symbol or any other feature that identifies one seller's good or service as distinct from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and store value as brand equity for the object identified, to the benefit of the brand's customers, its owners and shareholders. Name brands are sometimes distinguished from generic or store brands.

4 0
3 years ago
Price rises from $10 to $11, and the quantity demanded falls from 100 units to 95 units. What is the price elasticity of demand
Sergeeva-Olga [200]

Answer:

0.54

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price  

Midpoint change in quantity demanded = change in quantity demanded / average of both demands

change in quantity demanded  = 100 - 95 = 5

average of both demands = (100 + 95) / 2 = 97.5

Midpoint change in quantity demanded = 5 / 97.5 = 0.051282

midpoint change in price = change in price / average of both price

change in price = $11 - $10 = 1

average of both price = ($11 + $10) / 2 = 10.5

midpoint change in price = 1 / 10.5 = 0.095238

Price elasticity of demand =  0.051282 / 0.095238 = 0.54

6 0
2 years ago
Which of the following statements is true about pension funds?
KATRIN_1 [288]

C) They are income distributed only to retirees who have worked a certain amount of years. A pension plan provides for future retirement income based on the employee's earnings and length of service with the company. This type of pension plan is termed as a defined benefit plan.

8 0
3 years ago
Read 2 more answers
Freeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
ivann1987 [24]

Answer:

thank youuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

Explanation:

3 0
3 years ago
Read 2 more answers
Other questions:
  • If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re
    7·1 answer
  • Has this question helped you in in life!
    10·1 answer
  • Susan is having a bakery in the heart of the city and supplies special type of cheese cookies to all the retail outlets based on
    7·1 answer
  • Which one of the following results from the latest decision round is MOST important in providing guidance to company managers in
    15·1 answer
  • When making important life choices, people who accept the "right livelihood" concept consider the importance of financial stabil
    12·1 answer
  • Your company's HR director is a believer in trait theories of leadership. He believes that he can differentiate leaders from non
    15·1 answer
  • Three large firms dominate the telecommunication industry of United Canava: AD Telecom Inc., Mystic Telecom Corp., and Total Tal
    9·1 answer
  • Which of the following is a risk (or potential pitfall) of cost leadership?
    8·1 answer
  • Since the colonial period, the census has revealed
    13·1 answer
  • What is SEO?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!