You are reviewing your checking account balance of $800 after you've just sent in your rent check of $500. The money that is available for you is $1300.
<h3>
What we can do if we don't have sufficent balance?</h3>
If you had a check that you don't have sufficient funds for that has been run through the bank the bank will usually charge you an overdraft fee.
This means that you have arranged an overdraft loan/agreement with the bank. The bank will go ahead and pay the fund to the person or company you wrote the check to.
You will have a certain amount of time to put the money back into your account and pay the overdraft fee.
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Answer:
If the company's volume increases to 3,900 units, the total cost per unit will be $69 per unit
Explanation:
Variable cost per unit = variable cost/3,400 = $132,600/3,400 = $39
If the company's volume increases to 3,900 units:
Total Variable cost = Variable cost per unit x 3,900 = $39 x 3,900 = $152,100
Total fixed cost will not change = $117,000
Total cost = Total Variable cost + Total fixed cost = $152,100 + $117,000 = $269,100
The total cost per unit = Total cost/3,900 = $269,100/3,900 = $69 per unit.
The Given Statement is TRUE. Banks helped international trade by allowing merchants access to money in different locations.
<h3>
What is International Trade?</h3>
International Trade is the exchange of goods and services across international borders. It usually comes with additional risks caused by changes in exchange rates, government policies, laws, judicial systems, and financial markets.
International trade drives a country’s growth. Import-export figures are one of the top contributors to a country’s gross domestic product. Thus, every country tries to strengthen its global trade relationships with world leaders.
<h3>What is the role of the banks in International Trade?</h3>
Banks facilitate international trade by providing financing and guarantees to importers and exporters. While access to external funds is important for domestic production, it is especially important for exporting firms.
<h3>What did a Merchant do?</h3>
Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants.
Thus, we can conclude that the above statement is TRUE.
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The economy with extra money.
If the govt takes no action to counter this, then the particular price index is below the worth level that individuals expected. Various factors can shift both the short-run economy and long-run aggregate supply curve rightwards like an increment within the technology level, a rise within the level of human capital, a rise within the level of existing capital stock, et cetera.
When the economy is doing well, the financial market is additionally certain to have best. Whether or not the economy is declining, the financial market can still do best. A pecuniary resource increase will tend to lift the worth level within the future. A finances increase can also increase national output.
A funds increase will raise the economy worth level more and national output less the lower the per centum of labor and capital is. A rise within the pecuniary resource level in an economy within the short run translates to a decline in charge per unit. the autumn within the rate further causes an increase in investment because of borrowing costs.
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