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3 years ago

Which one of the following is not one of the four most common ways people can save money in banks?

Business

1 answer:

marysya [2.9K]3 years ago

6 0

Answer:

Fractional Reserves

Explanation:

Banks are required to hold money to lend out. If you deposit $100 into your account that is $100 for the bank to lend that money out to ones who need it.

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In a market economy, a. the allocation of scarce resources determines prices and prices, in turn, determine supply and demand. b

user100 [1]

Answer:

<h2>In a market economy,the impact of supply and demand determines the prices of goods and services which in sequence influence the allocation of economy's scarce resources.Hence,the correct answer wold be option b.</h2><h2 />

Explanation:

In a market economy,much of the economic and commercial activities such as production,investment,allocation,consumption of goods and services are governed by their market prices which are determined completely by the free forces of supply and demand in the economy.In a market economic system,the factors or inputs of production are owned and allocated by the independent or private business organisations or firms with limited government or state control over the means of production.Majority of the commodity and service markets are free of any external state or government intervention and operate freely based on the movements and fluctuations of the market prices of goods and services which are determined by the changes in market demand or supply.Therefore,economic allocation or arrangements of goods and services in a market economy is mostly determined by the free interaction of demand and supply

4 0

3 years ago

Problem 13-22 The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply

Alex Ar [27]

Answer:

The answer is 150 gallons

Explanation:

First we will write out the relevant information in the question that will help us with our calculation:

Safety stock = 50 gallons

50 gallons = 9% stockout risk

??? gallons = 3% stockout risk

Next, you have to understand that the relationship between the safety stock and stockout risk is an inverse proportion. This means that the bigger the safetystock amount, the smaller the stockout risk, and vice versa. Therefore, there will be a lesser risk of running out of stock, as the safety stock amount increases.

Let g be the safety stock

Let r be the stockout risk

This relationship is represented as:

$g = \frac{k}{r}$

where k = a constant relating the safety stock and stockout risk.

Therefore :

$g*r=k$

$g_1r_1=g_2r_2$

where:

g₁ = 50 gallons

r₁ = 9%

r₂ = 3%

g₂ = ????

Therefore, making g₂ the subject of the formula:

$g_2=\frac{g_1*r_1}{r_2}$

$g_2 = \frac{50*9}{3} = \frac{450}{3} = 150$

Therefore, the saftey stock that would provide a stockout risk of 3% = 150 gallons.

3 0

3 years ago

The advantages of personal financial planning include:

den301095 [7]

Answer:

d. All of these

Explanation:

Personal financing is the process of organizing and managing an individual or household's income to achieve set financial goals. It involves managing personal finance activities such as income, expenditure, savings, and investments. The primary objective of personal finance is to assist individuals maximize their current incomes and make future plans. As a result, they can achieve both short term and long term goals.

7 0

3 years ago

With a deadline approaching, all seven members of Sharon's product development team were working round-the-clock and still the w

Dvinal [7]

Answer:

Dissimilar mental model

Explanation:

Communication is simply the interaction with two or more people. It is the passing of information. It involves the transfer and understanding of meaning. In communication, members of the organization shows their satisfaction and frustrations.

mental models simply represent a described or support comprehension as it keep info about the current situation available in memory. It guide behavior and allow prediction.

7 0

3 years ago

Johns Company manufactures products R, S, and T from a joint process. The following information is available: Product R S T Tota

Kryger [21]

Answer:

C) $ 80,000 $ 70,000

Explanation:

R = ($48,000/$120,000) x $200,000

=0.4×$200,000

= $80,000

S = $200,000-$50,000-$80,000

= $70,000

Therefore the sales value at split-off for products R is $80,000 and S $70,000

6 0

3 years ago