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salantis [7]
3 years ago
9

Which of the following statements concerning a bank savings account is false? a. Deposits are insured for at least $100,000. b.

Your money will earn interest. c. You will pay a hefty fee for cashing or depositing your paycheck into a savings account. d. You can use an ATM or debit card with a savings account.
Business
1 answer:
cricket20 [7]3 years ago
6 0

Answer:

The correct answer is C

Explanation:

Savings account is the kind of deposit account which is held at the retail bank and that pays the interest but cannot be use directly as money is at the narrow sense of the medium of exchange.

This account help the customers or people to set aside the portion of their liquid assets when earning a monetary return. And this account does not charge any fee for depositing as well as cashing the paycheck into the saving account.

Therefore, the statement which is false is that the customer have to pay a fee for depositing or cashing.

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Answer:

Option D. purchase the shares of a Index fund.

Explanation:

The reason is that the index funds are itself a mutual fund investment and they follow preset rules which helps an ordinary investor to understand those rules easily. Furthermore, they are already a diversified investment, hence investing in the shares of mutual fund makes the investment risk diversified investment.

4 0
3 years ago
Thailand has a comparative advantage in rice and an absolute advantage in cell phones Indonesia has a comparative advantage in c
Aleonysh [2.5K]

Answer:

d. Thailand should export rice and import cell phones

Explanation:

Analyzing the question, it is correct to say that Thailand should export rice and import cell phones.

To understand why this statement is correct, we need to understand the concept of comparative advantage and absolute advantage.

The comparative advantage occurs when a country has great efficiency in producing a certain good, that is, the production is specialized and therefore advantageous in relation to another country. So it is correct to say that Thailand, having a comparative advantage in rice, should export rice to achieve greater economic advantage.

The absolute advantage, on the other hand, corresponds to the production of a good with lower costs than another country, but Thailand should import cell phones because Indonesia has a comparative advantage in cell phones, which makes it more competitive than Thailand in this segment.

3 0
2 years ago
g Which of the following are included when establishing advertising​ objectives? A. Tonality and advertising appeal B. Message a
Nataly_w [17]

Answer:

Advertising appeal and unique selling proposition.

Explanation:

Advertising is a promotional activity which purpose is to sell a product or service to a target audience.

The unique selling proposition of a product is intended to appeal to a specific. group of audience. For example, the social, psychological, physical and financial backgrounds of customers play a major role. When these various characteristics of the target group are known, it will be easy to determine how a product’s features would be a solution to the problems faced by the target audience.

Advertising appeals are the different techniques that are applied to get the attention of customers to patronize a particular product or service.

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3 years ago
Marsha is 23 years old and single. She cannot be claimed as a dependent by another taxpayer. Marsha earned wages of $18,500 and
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Answer:

1. d. Both a and c.

2. True.

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8 0
3 years ago
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Maurinko [17]

Answer:

Private placements

Explanation:

private placements are cheaper to market than public issues

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