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Pie
3 years ago
10

What does negative savings rate mean?

Business
1 answer:
Arada [10]3 years ago
4 0

Answer:

see below

Explanation:

The negative savings rate is when the bank's interests on deposits fall below zero percent. It means that banks should charge customers interest on savings rather than pay interests on customer deposits. The negatives savings rate is meant to encourage customers to consume more, as opposed to saving. The objective is to promote spending to boost the economy.

The negative savings rate encourages banks to give more loans. The banks find it more prudent to offer loans and earn interest instead of being charged for holding customer deposits.

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What term describes the study of the rights and duties of citizens?
bija089 [108]

Answer: Civics is the study of the rights and duties of citizens.

Explanation:

3 0
3 years ago
What does prince diabate mean when he compares the death of a griot to a burned library?
Rudik [331]

Using a trained and remembered history that has been handed down for ages from one generation to the next, griot have been known to speak for hours, even days at times. The Griot have long been a vital and mystical component of West African society, serving their communities as huge storehouse of history, epics, proverbs, genealogy, and music. Early African-American music was heavily influenced by the forced migration of their tradition, beats, and rhythms during their enslavement in the Americas.

No king was complete in West Africa without a Griot through whom he would converse; Griots were historically used as the most personal advisors to royal families. Each town had its own Griot, who throughout time was in charge of orating and performing music to recount tales of births, funerals, marriages, fights, hunts, affairs, and hundreds of other folktales. Griot are highly regarded for their ability to impact social, spiritual, and political power via the use of music and spoken word. It takes years of instruction and typically starts as early as age five to acquire the extensive amount of information required to become a Griot. The connection between the musical and verbal elements of the griot's craft is never broken during the course of their instruction, which begins within the family and culminates in an apprenticeship. Changing as a result of industrialization, urbanization, and the shifting demographics and tastes of their neighborhoods, Griots continue today to preserve the ‘memory’ of their culture.

<h3>Who was prince diabate?</h3>

Prince Diabaté, a native of Guinea and the son of a master kora player and soloist in the Ensemble Instrumentale Nationale de la Guinée, started playing the kora at the age of five. He was raised in a typical griot family. His mother was the first woman to play the kora in West Africa. She was a traditional griotte singer. When Prince was nine years old, the President of Guinea, Sekou Touré, took him as a protégé and enrolled him in the National Children’s Theatre. Prince earned the moniker Prince Diabaté, Prince of the Kora, at the age of sixteen after taking first place in an international kora tournament in Abidjan, Ivory Coast. He is committed to preserving the traditional art form by teaching it to his students and bringing it to new audiences in Southern California.

To learn more about griot, visit:

brainly.com/question/13880792

#SPJ4

7 0
2 years ago
Teresa, a restaurant general manager, carefully watches her restaurant costs by reusing some items that in the past were immedia
KonstantinChe [14]
<span>Teresa is an efficient manager. An efficient manager is someone who finds ways to complete the company goals with minimal waste, and as cost effective as possible. They find the best way to use the resources provided, including (but not limited to) employees, materials, technologies, or tools.</span>
7 0
3 years ago
10. The assembly worker reached for an Allen wrench in the workplace, hesitating momentarily while searching for the correct siz
Yuri [45]

Answer:

Explanation:

The list can be seen below.

Sequ    Therblig     Therblig                 Description

ence     symbol       name

1          TE       Transport empty   \text{Reach for the Allen wrench in the workplace}

2          St         select                   \text{ Select the correct size}

3          G         Grasp                   \text {Grasp the Allen wrench}

4          TL       Transport loaded  \text{Pick up and move Allen wrench toward screw}

5          P         Position                \text{Position Allen wrench into hexogonal socket}

6          RL       Release               \text{Release grip on Allen wrench}

7          TE       Transport Empty \text{Move wrist and finger in preparation for turning}

8           U         Use                    \text{Twirl Allen wrench with one continuous motion}

9           TE       Transport empty \text{Reposition wrist and hand}

10          G         Grasp                 \text{Grip Allen wrench in preparation for tightening}

11           U          Use                  \text{Tighten screw with Allen wrench}

8 0
2 years ago
Which one of the statements below is true? Deposits in transit are deducted from the balance per the bank statement, and outstan
NARA [144]

Answer:

Option D. The deposits in transit are added to the balance per the bank statement, and outstanding checks are deducted from the balance per the bank statement during the bank reconciliation process.

Explanation:

The reason is that the bank balance as per business books are kept updated according to their knowledge of the transaction verified and bank keeps its business books updated according to its knowledge of the verified transactions.

When the customer presents the check to the business, the business increases its bank balance as per its books and at this point the bank doesn't know whether there is any monetary transaction actually taken place or not. So the bank hasn't altered the business bank balance in their books of accounts. This means the bank is overstated by the deposit in transit and for reconciliation sake we will have to add it to balance as per bank to tally it with the balance as per the business.

Similarly the Outstanding checks which is also known as unpresented checks are the money not yet withdrawn from the business bank account but is actually deducted from the bank balance as per the business books because the payments that the business makes actually records it. This means that the bank balance as per business books are lower than the balance as per the bank and for reconciliation sake we will have to deduct it from the balance as per bank to tally it with the balance as per the business.

5 0
3 years ago
Read 2 more answers
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