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Oliga [24]
3 years ago
11

What is true about credit unions?

Business
1 answer:
DochEvi [55]3 years ago
8 0
What is true about credit unions is that <span>they are generally member-owned.
</span>Even in the definition of a credit union it says that:
<em>A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members - </em>taken from Wikipedia.

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Raj, a senior engineer at a manufacturing firm, leads a designing team from the home country, while the team works from the host
anzhelika [568]

Answer:

The correct option is b.

Explanation:

Telephone as the fastest approach would be using a telephone. This mode is the fastest mode of communication for Raj to communicate with his team immediately.

6 0
3 years ago
In at least two complete sentences, explain why a traveler will need to visit a currency exchange. Include how exchange rates ar
Ugo [173]

It is necessary for a traveler to visit the currency exchange, if he/she is traveling to foreign countries. The currency of his country is exchanged against the currency to which it is pegged.

The exchange rate of the currency can be determined in two ways: fixed rate and floating rate.  

<u>Explanation</u>:

The currency exchange is a business that has the legal right to exchange the currency of one country with the currency of another country. This type of business is known as foreign exchange market.

It is necessary for a traveler to visit the currency exchange, if he/she is traveling to foreign countries. Each and every country has unique currency system. It is necessary to get the currency of the country we are visiting.

The exchange rate of the currency can be determined in two ways: <u>fixed rate </u>and <u>floating rate</u>.

The exchange rate of the currency is decided by the government based on the market force and geopolitical condition.

5 0
2 years ago
Broadbent's model is called an early selection model because
Reptile [31]
Broadbent's model is called an early selection model because <span>the filtering step occurs before the meaning of the incoming information is analyzed.</span>
4 0
3 years ago
Lenders are prohibited from
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Taking money from others
3 0
3 years ago
Suppose the real exchange rate of 105 Japanese yen to the dollar moves to 115 yen to the dollar. The dollar has ________________
In-s [12.5K]

Suppose the real exchange rate of 105 Japanese yen to the dollar moves to 115 yen to the dollar. The dollar has appreciated, making Japanese goods less expensive for Americans.

The nominal exchange rate (the price in dollars of one euro, for example) and the ratio of prices in the two nations are the ingredients that make up the real exchange rate (RER) between two currencies.

The cost of imported goods is significantly influenced by exchange rates. You will typically spend much more for international goods when your own currency is weaker. As a corollary, a stronger home currency may somewhat lower the cost of imports.

Learn more about real exchange rate here

brainly.com/question/14057806

#SPJ4

8 0
2 years ago
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