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
SSSSS [86.1K]
3 years ago
6

Describe how interest rate changes affect the saving rate in the united states. how do banks adjust interest rates on deposits a

nd loans​
Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

When the Fed lowers the rate, the opposite occurs. Banks are more likely to borrow from each other to meet their reserve requirements when rates are low. Credit card rates drop, so consumers shop more. With cheaper bank lending, businesses expand.

Explanation:

You might be interested in
A zero-sum game is a situation in which an economic gain by one country results in an economic loss by another.
Whitepunk [10]
The correct answer is:  [A]:  "True" .
_____________________________________________________
6 0
3 years ago
There are two terms consistently used when describing firewalls: stateful and stateless. A stateless firewall surveys all the tr
Gennadij [26K]

Answer:

False.

Explanation:

A stateful firewall surveys all the traffic for a particular connection and investigates the packets containing the data to seek out sequences and patterns that are incongruent.

A stateless firewall examines each packet on a case-by-case basis and it does not have any prior information and avoids making predictions of what should come next.

Hence, the assertion in the question is false.

6 0
3 years ago
Briefly explain how the government uses taxation as a redistribution method
crimeas [40]

Answer:

The purpose of this is to increase economic stability.

8 0
3 years ago
Barcain Credit Corp. wants to earn an effective annual return (EAR) on its consumer loans of 16 percent per year. If the bank us
Schach [20]

Answer:

14.84%

Explanation:

Effective annual return (EAR) = (1 + ( r / m) ^m -1

APR = m (( 1 + EAR) ^( 1/m) - 1)

where m = 365 since it is compounded daily

APR = 365 (( 1 + 0.16) ^( 1/365) - 1) = 14.84%

4 0
3 years ago
Read 2 more answers
A company using the perpetual inventory system purchased inventory worth $ 22 comma 000 on account with terms of 2​/10, ​n/30. D
EastWind [94]

Answer:

Discount = $420

Explanation:

Inventory purchased = $22000

Defective inventory = $ 1000

to find out

amount of the purchase discount that would be available to the company is​

solution

we know Inventory purchased = $22000

and return is $1000

so Net Purchases = $22000  - $1000

Net Purchases = $21000

so

discount claim for $21000  is 2%

Discount = 2% of $21000

Discount = $420

4 0
3 years ago
Other questions:
  • Consider a one-year project that costs $126,000, provides an income of $70,000 a year for 5 years, and costs $225,000 to dispose
    13·1 answer
  • Peggy accepts a job offer as an advertising copywriter. Her boss immediately assigns her campaigns for products such as makeup a
    15·1 answer
  • Bond Calculations: 1) Avon Products Note 06.5% Coupon: 6.500% Maturity 5 years Rating: Moodys: BAA3 Price: $108.093 Calculate: Y
    9·1 answer
  • Analyze if the investment in new equipment is profitable based on the information given below. Cost of new equipment $66,000 Yea
    9·1 answer
  • Arjen owns investment A and 1 bond B. The total value of his holdings is 2,607 dollars. Investment A is expected to pay annual c
    6·1 answer
  • What tendency is most likely manifest in the following situation? An engagement team performed a substantive analytical procedur
    15·1 answer
  • A company had calculated net income to be $77,850 based on the unadjusted trial balance. The following adjusting entries were th
    9·1 answer
  • The funds dispensed at the ATM machine located near the checkout line at the Kroger's in Union Kentucky, follows a normal probab
    8·1 answer
  • Harris Supply has sales of Sales of $230, Cost of Goods Sold of $78, Depreciation of $40 and Interest Expense of $12. If their t
    5·1 answer
  • ​Ketchen, Inc. provides the following information for​ 2018: Net income ​$290,000 Market price per share of common stock ​$70 pe
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!