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katen-ka-za [31]
3 years ago
8

Payments on an installment note include the accrued interest expense plus a portion of the amount borrowed. Question 5 options:

True False
Business
1 answer:
Vitek1552 [10]3 years ago
5 0

Answer:

The statement is: True.

Explanation:

Installment payments are those paid on a regular basis as part of the terms of a loan. A debtor requires a loan to the creditor who after an evaluation determines if the debtor is approved or not. If approved, the debtor commits to make regular installments that partly cover the principal of the loan and the interest rate inherent of the amount borrowed.

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Explain how the Federal Reserve Board can increase or decrease the money supply using each of the following tools: reserve requi
Alex17521 [72]

Answer:

Reserve requirements – Reserve requirement increases to decrease the money supply or vice versa.

Open-market activities – the Fed sell the securities to reduce money supply or purchase it to increase the money supply.

Discount rates – Decrease the discount rate to increase the money supply or vice versa.

Explanation:

The Federal Reserve increases or decreases the money supply by using various tools. So in the case of the reserve requirement, the bank increases the percentage of reserve requirement if the Fed wants to decrease the money supply and to increase the money supply it reduces the reserve requirements. In the case of open market operations, the Fed sells securities and bonds in the market in order to reduce the supply of money or to decrease the supply of money it buys the securities from the market.

In the case of a discount rate, the Fed reduces the discount rate to increase the money supply because reducing the discount rate will induce the banks to give more loans. But to decrease the money supply, the Fed increases the discount rate because an increase in the discount rate reduces the ability of banks to give loans.

6 0
2 years ago
Suppose that Kyle can get an internship at an investment bank that pays him a stipend of $3,000.00. The internship also provides
noname [10]

Kyle is advised to take up the internship and leave the painting job, as the painting job will not give him tangible experience, which will be beneficial for his career.

<h3>What is internship?</h3>

A program where a person can get training or expertise of a specific area or field by working under a veteran or an expert in the field, whether paid or not, is known as internship.

In the above case, Kyle's internship will pay him a stipend of $3,000 along with tangible experience, which is beneficial for his future.

In the case of painting job he makes economic profit of $3,800 after getting a salary of $4,000 and spends on supplies for $200.

However, the rational profit of Kyle will be,

Painting Job Salary (4000) – Supplies (200) – Stipend from Internship (3000)= $800

Thus, it is beneficial for Kyle to take up internship and leave his painting job. The complete question has been attached as an image for better reference.

Learn more about internships here:

brainly.com/question/14973931

#SPJ1

4 0
1 year ago
Explain why an unlimited printing of money would cause economic problems.
Natali [406]

Answer:

Unlimited printing of money will cause the problem of inflation.

Explanation:

Inflation is a general increase in the price of goods and services.

It can be caused by the following:

Demand-pull inflation - This type of inflation is caused by an excess demand for goods and services by consumers without commensurate supply from suppliers.

Cost-push inflation - This type of inflation is caused by an increase in the price of goods and services.

Lastly, out of others, I will like to discuss inflation caused by unlimited printing money.

I sometimes wonder why the country cannot just prompt money so that we can all be smiling and spending cash together. The fact is that this will reduce the purchasing power of money because it is in excess and ultimately leads to inflation.

When there is unlimited printing of money in a country, the cash in the circulation will be in excess, hence more money will be needed to buy few product. That is an indication of inflation.

6 0
3 years ago
Establishing mutual aid agreements to obtain resources from neighboring jurisdictions is an example of what resource management
Vsevolod [243]

Planning for Resources

Explanation:

The process of resources management includes:

  • the development of recompense systems.
  • Performance enhancement of team members.
  • Track team and performances individually.
  • Identifying and ensuring effective use of physical resources (control).

A main activity of a project manager is to clearly identify the roles and responsibilities and other project stakeholders using tools such as the responsibility assignment matrix.

9 0
2 years ago
Function of business​
makvit [3.9K]
Business functions are the activities carried out by an enterprise, they can be divided into core functions and support functions.
6 0
3 years ago
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