Answer: b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.
Explanation:
Banks make money by loaning out money to people and companies. This means that loans are an asset to banks because it enables them to generate cash.
Kellie's Print Shop will have to pay back to loan however which means that it is a liability to them because they owe the bank.
This loan will not increase the money supply because if not explicitly stated that it does, we assume that the loan was made from bank deposits by other bank customers which means that it is already part of the money supply.
Higher revenues – demand from positive consumer support.
Improved brand and business awareness and recognition.
Better employee motivation and recruitment.
Please learn how to english...
Answer: Automatic withdrawal
Explanation: In an automatic withdrawal payment system the payee schedule the recurring payments on predetermined date, these are generally done electronically. These kinds of payments are generally done from banks or mutual funds accounts.
In the given case George’s parents are going to cruise thus they will not be able to pay for their bills hence they can use the automatic withdrawal system for the general bills they have to pay.
