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scZoUnD [109]
3 years ago
5

Distinguish between the costs of having a basic checking account and an interest-bearing checking account

Business
1 answer:
boyakko [2]3 years ago
3 0

Answer:

Checking account is what you can use, and ibca is account that has interest rate.

Explanation:

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Suppose the GDP is in equilibrium at full employment and the MPC is .80. If government wants to increase its purchase of goods a
garri49 [273]

Answer:

A) increased by $20 billion

Explanation:

The Change in government spending should have a corresponding increase of the MPC multiplied by the change in taxes.

Therefore,

$16billion = 0.8 × change in taxes

Change in taxes = $16billion /0.8 = $20 billion(increase)

3 0
3 years ago
Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $575,000. They moved into the home on February 1 of year
Julli [10]

Answer:

Steve and Stephanie Pratt

a. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:

= $352,500

b. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:

= $352,500

c. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:

= $352,500

d. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:

= $352,500

Explanation:

a) Data and Calculations:

Initial purchase cost of a home in Spokane = $575,000

Selling price of the home on June 30 of Year 5 = $927,500

Recognized gains = Selling price of the home Minus Initial Purchase Cost

= $352,500 ($927,500 - $575,000)

8 0
3 years ago
The risk that a central bank will not make the necessary transfer of foreign currency to complete a currency settlement is known
motikmotik

Answer:

Herstatt.

Explanation:

The risk that a central bank will not make the necessary transfer of foreign currency to complete a currency settlement is known as herstatt risk.

Herstatt risk is also known as cross-settlement risk or settlement risk. It was named after Bankaus Herstatt (a German bank) that failed in June 1974 when it was supposed to settle a contract for a payment received from the other party and consequently, amounting to a loss of about $602,000,000.

Hence, is mainly a loss in foreign exchange transactions where a party defaults after receiving money from another.

4 0
3 years ago
What is the difference between a public and a private corporation?
viva [34]

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

6 0
3 years ago
A downside of primary research is that it is _____. expensive and time consuming cheap but labor intensive time consuming but sp
Anarel [89]

A downside of primary research is that it is expensive and time consuming. Primary research allows people to find more inde pthinformation on a research topic or subject however, it is very expensive. Primary research is research that is new and very specific in the field they are researching. Primary research can be interviews, focus groups, surverys or other search ways to collect data.

6 0
3 years ago
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