All categories

3 years ago

What makes a checking account more conveniant than a savings account?

Business

2 answers:

goblinko [34]3 years ago

7 0

I agree= I would also go with D

Alex17521 [72]3 years ago

6 0

"You can spend your money without having to withdraw cash first" makes a checking account more convenient that a savings account. The correct option in regards to the given question is option "D". In savings account it is never possible to spend money first without having to withdraw cash first. It is also not right to say that checking account holders earn more interest than a savings account holder. The checking account is simply like a current account and so there is no chance of earning more interest than the savings account. The checking account allows numerous withdrawals and unlimited deposits while this is not possible with a savings account.

You might be interested in

What is the study of the ways in which money is created and used in society?

arlik [135]

Choice B. Economics is the study of the ways in which money is created and used in society.

Hope this helps and have a great rest of the day!! :)

4 0

2 years ago

Why might an economist favor activist policies in developed countries and laissez-faire policies in developing countries

Maslowich

Answer:

One of the main economic issues in developing countries is rampant corruption or extremely inefficient government institutions. This means that less government intervention is always better in developing countries.

On the other hand, in developed countries, the checks and balances system exists within government institutions and even though corruption may exist, it is not as widely spread. The most severe economic problem in developed countries is inequality and huge economic actors. This is why activist policies may be necessary in developed countries, at least in certain economic sectors.

5 0

2 years ago

The purposeful use of symbols to allow multiple interpretations of messages is called:____.

elena55 [62]

Answer:

a. strategic ambiguity.

Explanation:

The use of strategic ambiguity permits the views for diversify or interpretations also at the same time it promotes inclusiveness and unity

The mission and vision sttaement should be confused and normal in nature in order to provide the accomodation

So the use of symbols for permitting out the multiple interpretations of messages is known as the strategic ambiguity

Therefore the option a is correct

6 0

3 years ago

Many consumers correlate price with quality, thinking that the higher the price, the better the quality. For these consumers, al

Aleonysh [2.5K]

Answer:

c) A heuristic

Explanation:

Price is a decision heuristic a shortcut to simplify and shorten the decision process. You get what you pay for is related to this heuristic.

3 0

2 years ago

The following shows annual production costs and profits at Gauss-Jordan Sneakers, Inc. A - B - C - D Production Costs : 2004 - 2

mars1129 [50]

Answer:

A B C D

Production Costs : 2004 - 2005 - 2006

Gauss Grip : $2,300 - $2,700 - $2,900

Air Gauss : $1,900 - $2,200 - $1,700

Gauss Gel : $2,000 - $2,500 - $1,800

Profit : 2004 - 2005 - 2006

Gauss Grip : $12,000 - $16,000 - $18,000

Air Gauss : $10,000 - $14,000 - $16,000

Gauss Gel : $11,000 - $16,000 - $14,000

As we know:

Revenue = Cost + Profit

*Proper Matrix format is also attached in the picture with this answer.

Production Costs : 2004 2005 2006

$\left[\begin{array}{ccc}2300&2700&2900\\1900&2200&1700\\2000&2500&1800\end{array}\right]$

Profit : 2004 2005 2006

$\left[\begin{array}{ccc}12000&16000&18000\\10000&14000&16000\\11000&16000&14000\end{array}\right]$

Revenue : 2004 2005 2006

$\left[\begin{array}{ccc}2300+12000&2700+16000&2900+18000\\1900+10000&2200+14000&1700+16000\\2000+11000&2500+16000&1800+14000\end{array}\right]$

Revenue : 2004 2005 2006

$\left[\begin{array}{ccc}14300&18700&20900\\11900&16200&17700\\13000&18500&15800\end{array}\right]$

4 0

3 years ago