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dsp73
3 years ago
7

Evaluate the following​ statement: ​"Saving money is not lending. How can it​ be? When I save my​ money, I put it in a bank. I​

don't loan it out to someone​ else." The statement is A. correct. Depositing money in a bank is​ borrowing, not saving. B. correct. Depositing money in a bank is neither saving nor borrowing. C. incorrect. The supply of loanable funds is determined by household saving. D. incorrect. The supply of loanable funds is determined by​ firms' willingness to borrow.
Business
1 answer:
salantis [7]3 years ago
3 0

Answer:

The correct answer is option C.

Explanation:

When we save we deposit it in  the bank and do not loan it out directly. But the bank keeps a certain portion of it and lends out the rest to those who need credit. So, the savings that we deposit in the bank become the basis of credit creation.

That is why the statement about saving and lending given in the question is incorrect.

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Which type of law governs the relationship between private individuals or companies?
alukav5142 [94]
The correct answer is B- Civil Law
6 0
3 years ago
Read 2 more answers
Fischer Company uses 12,000 units of a part in its production process. The costs to make a part are: direct material, $15; direc
Trava [24]

Answer:

Difference= $60,000 in favor of buying

Explanation:

Giving the following information:

Number of units= 12,000

Make in-house:

Direct material, $15

direct labor, $27

variable overhead, $15

applied fixed overhead, $32

Buy:

Buying price= $60

If Fischer buys the part, 75 percent of the applied fixed overhead would continue.

<u>First, we will calculate the avoidable fixed overhead per unit:</u>

Avoidable fixed overhead= 32*0.25= $8

<u>Now, the total differential cost of making in-house:</u>

<u></u>

Total cost of production= 12,000*(15 + 27 + 15 + 8)

Total cost of production= 12,000*65

Total cost of production= $780,000

Total cost of buying= 60*12,000= $720,000

Difference= $60,000 in favor of buying

4 0
2 years ago
The inductive approach to writing a business argument Multiple Choice
kotykmax [81]

Answer:

The correct answer is 2. provides the supporting reasons before the primary message.

Explanation:

7 0
3 years ago
Suppose the price is $6 per sheet of plywood. Suppose the price falls to $4 per sheet of plywood.How much of the increase in con
Pie

Answer:

"$2,500" is the appropriate answer.

Explanation:

The question given seems to be incomplete. Below there is a attachment of full question is provided.

The given values are:

Plywood's price,

= $6 per sheet

Price falls,

= $4

Now,

At price $6, the consumer surplus will be:

= 0.5\times 1000\times (10-6)

= 0.5\times 1000\times 4

= 2,000 ($)

When price falls, the consumer surplus will be:

= 0.5\times 1500\times (10-4)

= 0.5\times 1500\times 6

= 4,500 ($)

Hence,

The increase in consumer surplus will be:

= 4500-2000

= 2,500 ($)

7 0
3 years ago
Question 10 of 10: you've been meaning to fix those rotted boards on your porch for years. finally, last week the deck gave way.
yulyashka [42]

you've been meaning to fix those rotted boards on your porch for years. finally, last week the deck gave way. No, you will not be able to recover the cost of replacement. This is further explained below.

<h3>What is the cost?</h3>

Generally, the cost; In order to get or carry out (something), one must first spend (a certain quantity of money).

In conclusion, You've been looking at the rotten planks on your porch for years and know you need to do something about it. The deck ultimately collapsed last week. The cost of replacement cannot be recouped, unfortunately.

Read more about the cost

brainly.com/question/14094934

#SPJ1

5 0
2 years ago
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