1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kupik [55]
3 years ago
7

Suppose, for simplicity, that a bank uses a single interest rate for loans and deposits, there is no inflation, and all unspent

money is deposited in the bank. The interest rate measures which of the following?
a. the cost of using a dollar today rather than a year from now
b. the benefit of delaying the use of a dollar from today until a year from now
c. the price of borrowing money calculated as a percentage of the amount borrowed
Business
1 answer:
nikitadnepr [17]3 years ago
3 0

Answer:

All the options are correct.

Explanation:

It is assumed that a bank uses a single interest rate for both loans and deposits. There is no existing inflation in the economy. Money which is not spent is deposited in the bank.  

On the basis of these assumptions, we can say that the interest rate is the cost of borrowing money which is calculated as a percentage of the principal or the amount borrowed.  

For a depositor, it is the return on depositing money or benefit of depositing money instead of using it immediately.  

It can also be referred to as the opportunity cost of not depositing the money in the bank but spending it instead.

You might be interested in
The primary cost associated with the level production strategy is the cost ofA.holding inventory.B.hiring and firing workers.C.o
geniusboy [140]

Answer:

The primary cost associated with the level production strategy is the cost of

A.holding inventory.

5 0
3 years ago
Dribbling in field hockey is when you.
Talja [164]

Answer:

Dribbling is a technique used in field hockey to move the ball forward using small touches with a hockey stick.

3 0
2 years ago
Bob Jensen Inc. purchased a $650,000 machine to manufacture specialty taps for electrical equipment. Jensen expects to sell all
wolverine [178]

Answer:

?????????????????????

Explanation:

5 0
3 years ago
If a nation has gdp of $12,500 billion and gdp per capita of $62,500, what is the nation's population?
ira [324]

$12,500,000,000/$62,500 = 200,000,000

What Is the GDP Per Capita?

A country's economic output is broken down by its per-capita gross domestic product (GDP), which is derived by dividing the GDP by the population.

By dividing a country's GDP by its population, the per capita GDP may be used to measure a nation's economic production per person.

Economists use it along with GDP to examine a country's prosperity based on its economic growth. It is a global indicator of a country's level of prosperity. It is frequently evaluated alongside GDP, enabling economists to compare the productivity of different nations. The analysis of the global per capita GDP offers information on the health and trends of the world economy. The greatest per capita GDPs are typically found in small, wealthy countries and more advanced industrialized nations.

A comparative understanding of economic prosperity and global economic advancements can be gained by analyzing GDP per capita on a global scale. The per capita calculation takes into account both GDP and population. Therefore, the highest GDP per capita may or may not be found in the highest GDP countries.

To lean more about GDP Per Capita from the given link.

brainly.com/question/18414212

#SPJ4

8 0
2 years ago
Which of the following definitions describes the term electroncution
irina1246 [14]
A reflex response to the passage of electric current through the human body and results when electric current enters the body at one point and leaves through another.
7 0
3 years ago
Other questions:
  • Katie wants to order a new shirt online. What should she do once she gets to the store's website?
    15·1 answer
  • Which of the following techniques can managers use to increase an employee’s goal commitment? Check all that apply. a. Ask the e
    9·1 answer
  • Now Inc. released its annual results and financial statement. Grace is reading the summary in the business pages of today's pape
    11·1 answer
  • Suppose the Finnish government undertakes a program that relaxes immigration but only for highly skilled workers. This policy ch
    14·1 answer
  • Choose all answers that apply.
    11·2 answers
  • Harper, Inc. acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2017, for $322,000 in cash. The
    5·1 answer
  • Net income was $240,000 for the year. Throughout the year the company had outstanding 12,000 shares of 6%, $50 par value preferr
    15·2 answers
  • A company is about to go public. it announces that it plans to pay a $1 per share dividend in its first year of existence and 2$
    6·1 answer
  • Comparing Stock and Cash Dividends
    10·1 answer
  • Please answer it is due in a hour please help <br><br>I will sure mark you as brainliest
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!