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kati45 [8]
3 years ago
8

The PRIMARY function of banks in the United States is to a) print money b) make banking laws c) build homes and businesses d) pr

ovide checking and savings accounts to customers
Business
2 answers:
aev [14]3 years ago
7 0
D) provide checking and savings accounts to customers

It's not A) because that is what mints do. It's not B) because the government does that. It's not C) because the people decide if they want to build or not.

Jobisdone [24]3 years ago
5 0
Im pretty sure its D.

it sounds right
:)


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The scarcity problem:- Persists only because countries have failed to achieve continuous full employment.- persists because econ
ladessa [460]

Answer:

Persists because economic wants exceed available productive resources.

Explanation:

According to Lionel Robbins, Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.

The problem of scarcity is that our wants are always beyond what we can produce with our resources.

Economics is the solution to this problem of what resources to use, how best to use them, and when to use them.  

Because of this scarcity, all people have to make choices. When making choices, we assess the opportunity cost or the alternative forgone.

The opportunity cost of taking action is what we could have got if we had taken an alternative action.

3 0
3 years ago
I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le
NNADVOKAT [17]
A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r
7 0
3 years ago
If the economy booms, RTF, Inc., stock is expected to return 13 percent. If the economy goes into a recessionary period, then RT
Furkat [3]

Answer: 0.000903

Explanation:

Expected return is the sum of the probability that the other returns will happen.

= (13% * 83%) + (5% * 17%)

= 10.79 % + 0.85%

= 11.64%

Variance = ((Return during boom - Expected return)²*probability of boom) + ((Return during recession - Expected Return)²*probability of recession)

Variance = ((13% -11.64%)² * 83%) + (5% - 11.64%)² * 17%)

= 0.0001535168 + 0.0007495232

= 0.000903

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22 I hope this helpssssss
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It's product advertising
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