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3 years ago

The amount paid to a depositor for keeping their money in a savings account is called

Business

1 answer:

evablogger [386]3 years ago

3 0

The amount paid to a depositor for keeping their money in a savings account is called <u>"interest".</u>

You can open different sorts of personal savings accounts with banks, merchants and speculation firms. Savings accounts offer low returns contrasted and most different speculations, however are okay and a decent method to acquire enthusiasm until the point when you are prepared to move assets into higher-return ventures, for example, stocks and bonds.

The interest on every single individual savings accounts is computed as compound interest.

Regular savings accounts normally pay bring down loan fees than those paid by currency market accounts.

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Because different nations have vastly different numbers of people living in them, Gross Domestic Product (GDP) is a very poor wa

fiasKO [112]

I think the correct answer from the choices listed above is option A. Gross National Product or GNP is used by economists in place with GDP. Gross National Product is an expression used to measure economic growth and wealth. It includes the value of all goods and services in a given period of time.

3 0

3 years ago

Restaurant A uses 60 bags of potatoes each month. The potatoes are purchased from a supplier for a price of $80 per bag and an o

iVinArrow [24]

Answer:

D. Decreases from 30 to 28.5 bags

Explanation:

The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Carrying cost is $80 × 40% = $32

Annual demand = 60 bags × 12 months = 720 bag

And, the ordering cost is $20 per order

Now put these values to the above formula

So, the value would equal to

= $\sqrt{\frac{2\times \text{720}\times \text{\$20}}{\text{\$32}}}$

= 30 bags

Now the demand is decreased by 10% So, the annual demand would be

= (60 - 6) × 12 months

= 54 bags × 12 months

= 648 bags

The other things will remain the same

Now put these values to the above formula

So, the value would equal to

= $\sqrt{\frac{2\times \text{648}\times \text{\$20}}{\text{\$32}}}$

= 28.46 bags

4 0

3 years ago

The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______

Maslowich

Answer:

The correct answer is:

5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)

Explanation:

to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:

% change = $\%\ change = \frac{P_2 - P_1}{P_1} \times 100\\where:\\P_1 = initial\ price\ index\\P_2 = New\ price\ index\\for\ first\ and\ second\ years\\\therefore \%\ change = \frac{142.5 - 150}{150} = \frac{-7.5}{150}= -0.05 \times 100 = -5\%\\$

Note that the negative sign shows a deflation.

if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.

7 0

3 years ago

Which function is one that pertains to the Federal Reserve System?I. conducting fiscal policy.II. examining and supervising comm

Over [174]

Answer: yo mama

Explanation:

6 0

3 years ago

If shell decided to open a new service station I a rural area of uk, which was not well serviced with filling stations, it would

timofeeve [1]

Answer:

The stakeholders are ; Customers, shareholders/investors, local community, suppliers, employees, Government, competitors, creditors etc.

Explanation:

Stakeholders are a group of people or individuals within a locality, whose interest is Paramount to the survival of an organization.

There are two types of stakeholders, which are;

Internal stakeholders : These group of people or individuals are part of the organization . eg employees, board of directors, managers. Etc.

External stakeholders: These group of people or individuals are not part of the organization but have interest in its performance. Eg local community, media, consumers, suppliers etc.

There are also primary stakeholders and secondary stakeholders.

Primary stakeholders. I.e those who have financial interest in an organization. Eg creditors, shareholders/investors etc.

Secondary stakeholders. i.e those who do not have financial interest but whose decision is influential. Eg trade union, government body etc.

As in the scenario above, impact of shell on several stakeholders are enumerated below;

-Employees: There must be job security for employees, clean and safe working environment and there must be regular source of income with which salaries will be paid.

-Shareholders/Investors:They expect maximum returns on their investment in form of dividends. They also expected to be given preferential treatment in terms of lower prices and little or no value lost on their investment.

-Customer: They expect that products to be sold are reliable and safe for consumption and at fair prices.

-Suppliers: Price of product supplied should be agreed by parties involved. Suppliers also expect regular and frequent orders from them.

-local community: These people expect steady employment for their children, provision of social amenities like tarred roads, community hall, cinema hall etc and avoidance of noise and environmental pollution.

-Competitors: There should be healthy rivalry among producers of similar products and all element of demarketing should be avoided.

-Government ; Government expect from shell constant and regular payments of taxes, compliance with local laws and provision of corporate social responsibilities to the host community.

-Creditors: The creditors would expect adequate returns on their loan investment, absence of failure to payback money owned them and repayment of money owed to them at the agreed date.

4 0

3 years ago