Answer:
Here is the full question:
<em>One important way in which banks make economic growth possible is by
:</em>
<em>A) selling savings bonds.
</em>
<em>
B) cashing payroll checks.
</em>
<em>
C) lending money to business startups.
</em>
<em>
D) offering checking and savings accounts</em>
Answer is C).
Explanation:
Bank loans are the most important bank product as loans represent the most profitable segment for the bank. Of course, banks do earn fees and commissions on various transactions and they do offer general personal account maintenance.
However, loans are the primary source of income for all banks, as loans are the bank products that give the bank a monthly interest rate, which is very lucrative in the long run.
<span>Consumers who refuse to sacrifice style, but achieve it on a budget are called frugalistas.
Many people buy things on sales like christmas sales, black friday sales because on these sales all thing they buy are on their budget and if they see style and fashion, brand etc it will cost them too much so these consumers are known as frugalistas.</span>
Answer: This is because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.
Explanation:
The marginal rate of technical substitution (MRTS) shows the amount by which the quantity of an input can be lowered when an extra unit of another input is utilized on order for the output to remain constant.
The marginal rate of technical substitution is likely to reduce as more capital is substituted for labor because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.
Answer:
B. $3,750
Explanation:
Sophie will need to add up all her costs (tuition, room and board) and then add up all her funding sources (financial aid/money from parents). The difference between these two amounts is what is still owed which she will have to pay from her own savings or loans.
Costs: 11,750+11,500 = 23,250
Funding: 9000+7000+3500= 19,500
$23,250 - $19,500 = $3,750
The world bank is not a real bank that gives people loans or where you can have a savings account. It is a body or an organization that monitors the work of all banks in the world that agree to join the system. It creates rules and regulations regarding money and fights things like money laundering and similar.
