Financial institutions are organizations that process monetary transactions, including business and private loans, customer deposits, and investments. Some examples of depository financial institutions are commercial banks and credit unions. Some examples of Non-depository institutions are mutual funds, Security Firms (Investment banking, Equity Broking), Pension Funds, and Insurance Companies.
Answer: The answer is that, AD has shifted to exactly $0.35 trillion.
Explanation:
It should be noticed that, AD has been shifted to exactly $0.35 trillion (Rounded in two decimal places.) when the the long-run aggregate supply curve shifted to the right from one year to the next.
Answer:
C) He will temporarily have less money in his bank account.
Explanation:
Since Philip is going to spend $600 in his motorcycle repairs, he will have less money in his bank account.
We cannot know where he is going to drive his motorcycle or what he is going to do with his free time. If the repairs are done properly then he mght be able to either keep the motorcycle for a little longer or sell it for a higher price. We also don't know what he plans to do.
The only thing certain is that he is going to have less money.
b.) The Value added to a product by transferring ownership to the customer.
is the answer
<u>Explanation:</u>
Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another. Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.
Answer: <u>The correct answer is TRUE.</u>
Explanation:
Inflation: sustained and widespread increase in the price level. This means that inflation reflects the loss of the purchasing power of the currency. Therefore the currency is devalued against that of the countries in which the inflation rate is lower or zero.
