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3 years ago

The ability to conduct financial transactions through a smartphone is known as _____.

2 answers:

7 0

I believe that the answer that would best complete the given statement above is the term MOBILE transaction. <span>The ability to conduct financial transactions through a smartphone is known as mobile or online transaction. Hope this is the answer that you are looking for. </span>

Elodia [21]3 years ago

4 0

The answer is Mobile banking (apex) because your smartphone is a item that you can take anywhere so it would be a mobile device. Hope this helps.

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Discuss the negative effect of technology on work-life balance

Svetllana [295]

It can lead to burnout, low performance, stress leave,sick leave

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2 years ago

The Fed wants to fight inflation. What action should they take regarding the discount rate, the RR, or open market operations?

Sergio039 [100]

Answer: See explanation

Explanation:

Inflation is when there's a general increase in the price level in an economy. To tackle inflation, the Fed can increase the interest rate as this will discourage people or firms from borrowing and hence there'll be a reduction in the money supply.

Also, the Fed can sell bond to the public, thereby taking in the cash in the economy and reducing the money supply thus reducing inflation. Lastly, the Fed can also increase the reserve ratio for banks. When this is done, there'll be lesser money available in the economy.

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3 years ago

What is gdp expressed in constant, or unchanging, prices called?

horsena [70]

The GDP expressed in constant, or unchanging prices is called real GDP.
Real GDP or Real Gross Domestic Product is the measurement of the value of economic output modified for the changes of prices like inflation or deflation. This modification will transform the measure of the money-value, nominal GDP, into an index intended quantity of total output.

4 0

3 years ago

Read 2 more answers

A manufacturer has modeled its yearly production function P (the monetary value of its entire production in millions of dollars)

Vinvika [58]

Answer: P(120,30)= $1,218,365.5

So when the manufacturer invests $30 million in capital and 120,000 hours in labour yearly, the monetary value of production is about $1.2 million.

Explanation:

The Cobb-Douglas production function expresses the technological relationship between two inputs (labour and capital).

Since

P(L,K)=1.47L^0.65 K^0.35 (equation 1)

we simply substitute L=120,000 and K=30,000,000 into equation 1.

Thus, P(120,30)= 1.47(120,000)^0.65 (30,000,000)^0.35

<em>(Recall that L is in thousand of hours and K is in millions of dollars).</em>

P(120, 30)= 1.47(2002.02)(413.99)

Thus, P(120,30)= 1218365.475

P(120,30)= $1,218,365.5

P(120, 30)= $1.2 million

So when the manufacturer invests $30 million in capital and 120,000 hours in labour yearly, the monetary value of production is about $1.2 million

7 0

3 years ago

What is the meaning of deplation

slava [35]

Answer: The meaning of depletion to allocate the cost of extracting natural resources like oil and minerals from the earth.

Explanation:

The term depletion is a concept generally we use in tax and accounting.
The meaning of depletion is to move the cost of extracting natural resources like oil and minerals from the earth to the income sheets.
It is a non-cash expense that lowers the cost value of an asset gradually scheduling charges to the income.
To evaluate the depletion per unit we divide the total cost less salvage value by the total number of estimated units.

5 0

3 years ago