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3 years ago

A financial institution always keeps all of your money in the vault. true false

2 answers:

7 0

I believe the correct answer is false. A financial institution do not always keeps all of your money in the vault. They invest it to businesses and some to banks. Hope this answers the question. Have a nice day. Feel free to ask more questions.

bearhunter [10]3 years ago

6 0

the answer is false hope this helps !

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Residence halls are typically found at all of the following schools except

loris [4]

Vocational schools are usually trade schools

4 0

3 years ago

Both Amy and Brad produce and consume apple pie and ice cream. In one hour, Brad makes five apple pies or ten gallons of ice cre

Arte-miy333 [17]

Answer:

Amy has absolute advantage in the production of Apples pies and ice cream.

Amy has comparative advantage in the production of Apple pies.

Brad has a comparative advantage in production of ice creams

Amy should specialise in the production of Apple pies, brad should specialise in the production of icecream

Explanation:

A person has comparative advantage in production if he produces at a lower opportunity cost when compared with other people.

Brad's opportunity cost:

In producing apple pies = 10 / 5 = 2

In producing ice cream :5 / 10 = 0.5

Amy's opportunity cost:

In producing apple pies : 15/15 = 1

In producing icecreams : 15/15 = 1

Amy has the lower opportunity cost when compared with Brad in producing apples pies. Therefore, she has comparative advantage in the production of Apple pies.

Brad has the lower opportunity cost when compared with Amy in producing ice cream. Therefore, he has comparative advantage in the production of ice cream.

A person should specialise and trade the good for which she has a comparative advantage.

A person has absolute advantage in the production of a good or service If he produces more quantity of the good when compared with other people.

Amy has absolute advantage in the production of both goods.

6 0

3 years ago

Andy can't make a deal with Danny. Andy has a Alex Rodriguez baseball card and would like to trade it to Danny for Danny's Alber

Bogdan [553]

Answer:

A. the double coincidence of wants problem.

Explanation:

Trade by barter involves the exchange of goods and services for goods and services without the use of money as a medium of exchange. In barter system, there is what we call double coincidence of wants. This is the economic situation whereby both parties holds what the other wants to buy, so they exchange the goods directly. Here, both parties agrees to buy and sell each other commodities. However, if one of the party is not interested in what the other party is offering, it causes a disruption in the trade. This disruption refers to a drawback in the system like the example described in the question.

Here, Andy couldn't make a deal with Danny even tho he wants what Danny is offering. This is because what Danny isn't interested in what Andy is offering. Thus, the double coincidence of want and barter trade can't occur between the two parties.

5 0

3 years ago

The source of the _ for loanable funds is saving. demand supply market interest rate The source of the _ for loanable funds is i

Vsevolod [243]

Answer:

The source of the supply for loanable funds is saving.

The source of the demand for loanable funds is investment.

The interest rate represents the price of a loan.

Explanation:

Note: The question is merged together and it is first separated before answering the it as follows:

The source of the _ for loanable funds is saving. Options are: demand, supply, market, or interest rate.

The source of the _ for loanable funds is investment. Options are: interest rate, market, supply, and demand.

The _ represents the price of a loan. Options are: interest rate, loan term catch-up effect, or rate of inflation.

The explanation is as follows:

The process through which borrowing occur is described by the market for loanable funds. In the market, what determines the supply of loanable funds is the amount of savings. The determinant of demand for loanable is the investment an individual wants to carry out.

The market is therefore market where suppliers of loanable funds and investors who need loanable funds meet. The interaction between the savings of the supplier and investment of the borrowers therefore determines the interest rate which is the price and the amount of loan.

4 0

3 years ago

An individual actually earned a 4 percent nominal return last year. Prices went up by 3 percent over the year. Given that the in

jenyasd209 [6]

Answer:

Actual real after tax rate of return is 0.657%

Explanation:

Use fisher method to compute real return:

$Real\ return=\frac{1+nominal\ return}{1+inflation}-1$

$Real\ return = \frac{1.04}{1.03}-1$

=0.00971 or 0.971%

Calculate after tax return as shown below:

Federal tax rate is 28% or 0.28 and state tax is 6% or 0.06.

After tax return = 0.00971×(1 - 0.28) ×(1 - 0.06)

= 0.00657 or 0.657%

3 0

4 years ago