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3 years ago

In two to three sentences, explain online banking and its purpose.

Business

2 answers:

Strike441 [17]3 years ago

5 0

Answer:

It is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. It is usually used as an easier and faster way to connect with your bank and to access your banking information.

Explanation:

Sergeeva-Olga [200]3 years ago

5 0

Answer:

Banking online means accessing your bank account and carrying out financial transactions through the internet. The purpose of banking online is it allows you to carry out a number of tasks such as paying bills and transferring money, without having to call or go to your bank.

Explanation:

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What factor reflects the 'cost of money'?

abruzzese [7]

Answer:

Production opportunities, time preferences for consumption, risk, inflation. Explanation: The cost of money is the interest rate that lenders charge borrowers, and is determined by the supply and demand of funds.

5 0

3 years ago

In some developing countries, children work in factories when they are 8 or 9 years old. The United States has strict child labo

Katena32 [7]

Answer:

b. They reflect the laws and regulations that affect social and economic behavior.

Explanation:

Morals are not universal and vary greatly depending on the underlying culture and religion. Even still in each civilization, there are many grey areas in the concept of morals. One thing that seems to be constant is that they reflect the laws and regulations that affect social and economic behavior. In this scenario, some developing countries believe that using children as a cheaper form of labor is fine since the children are getting paid and therefore, there are no laws prohibiting this action so people see it as morally correct. While other countries that see it as morally wrong have laws and regulations to prevent people from performing such actions. These laws and regulations are a form of dictating social and economic behavior by stating that it is morally wrong.

3 0

3 years ago

the average amount of time between price changes for gasoline is multiple choice two to three months. two to three weeks. two to

melamori03 [73]

In most case, the average amount of time between price changes for gasoline is <u>two to three weeks</u>.

<h3>What is a price changes?</h3>

Most time, a price changes often come about because of changes in the conditions of demand and supply. A gasoline prices tend to always increase when the available supply of gasoline decreases relative to real or expected gasoline demand or consumption.

Some factors that change the price of gasoline are:

Crude oil prices
Refining costs
Taxes
Distribution
marketing costs.

Read more about price changes

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8 0

1 year ago

Changing the prices of products based on the level of demand characteristics of the customer is called ________ pricing.

Airida [17]

Changing the prices of products based on the level of demand characteristics of the customer is called dynamic pricing.

Personalization is the use of customer data to create or modify items to meet individual needs. Customization is the manual modification of an item by a customer to meet their needs and requirements. Content streaming services are perhaps the most famous example of the subscription business model.

Internet technology reduces demand information costs by enabling price transparency (making it easier for consumers to find different prices) and cost transparency (making it easier for consumers to see the true cost of a product). and improve information quality.

Learn more about demand at

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6 0

2 years ago

Susan's salary is $44,000 and she received dividends of $600. She received a statement from SJ partnership indicating that her

EastWind [94]

Answer:

Income Tax is referred to as the amount of money an individual is required to report and remit to the tax agencies for earning revenues. Also, it is the federal government's share from the individual's earnings which would be used for their public works projects such as building railways and sewage treatment.

The following amounts are taxable and not.

a. Salary, $44,000 (Yes )

b. Dividends received, $600 (Yes )

c. Share of partnership income, $4,000 (Yes)

d. Partnership distribution in the current year, $1,000 (No)

e. Partnership distribution in the following year, $600 (No)

f. State lottery winnings of $2,000 (Yes)

3 0

3 years ago

Read 2 more answers