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3 years ago

How are the FDIC and NCUA similar? Select all that apply

1 answer:

Elena-2011 [213]3 years ago

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The only difference is the NCUA insures credit union deposits whereas the FDIC insures bank deposits. Other than that, the two work similarly. If a credit union should happen to fail, the NCUA will pay insured deposits to the member owning the account. The same goes for a bank.

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First, think about the way in which interest on municipal bonds is treated from a federal income tax point view. In this light,

spin [16.1K]

Answer:

4% (exactly 4.4%)

Explanation:

A taxable bond is a debt security whose return to the investor is subject to taxes at the local, state or federal level, or some combination thereof. An investor trying to decide whether to invest in a taxable bond or tax-exempt bond should consider what s/he will have left in income after taxes are taken.

Step 1:

Find the reciprocal of your tax rate,

(1-22%) = 1-0.22 = 0.78

Step two:

Divide this into the yield on the tax-free bond to find out the tax-equivalent yield.

3.5/0.78 = 4.4 ~ 4%

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3 years ago

During a trip to the grocery store, your friend wants to buy some bottled water. Some brands promote the fact that their product

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Answer:

Most likely

Explanation:

Artesian or spring waters come from a natural source but are bottled off-site and are processed and purified. Mineral water could be natural spring water or artesian water, comes from an underground source, and contains at least 250 parts per million (ppm) of dissolved solids, including minerals and trace elements.

Artesian water is just water that naturally flows out of the ground, usually through a well. Springwater is also water than naturally flows out of the ground. ... Most drillers and laymen label waters as 'artesian' if they rise naturally to a level above the ground surface, and if unrestricted, flow freely out.

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3 years ago

The Stock Market represents small businesses? True or False

Olegator [25]

The correct answer is false

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4 years ago

Read 2 more answers

When Sonya Celebrity reads an embarrassing article about herself in Fame magazine, she becomes very worried about damage to her

Law Incorporation [45]

Answer:

The answers are: Civil lawsuit and the First Amendment of the Constitution of the US

Explanation:

Sonya celebrity is suing Fame Magazine for written defamation (called libel). Libel is considered a tort (a civil wrongdoing), so Sonya Celebrity´s lawsuit will be a civil one.

Fame Magazine´s lawyer will try to use the First Amendment of the US Constitution in their defense. It states as following:

"Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances."

This amendment is part of the Bill of Rights (first ten amendments of the US Constitution) and was ratified in 1791. It prohibits Congress or any State or local legislature to pass any law that infringes on the freedom of the press.

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3 years ago

Sort the items below into two main categories: whether demand for each type of good is relatively elastic or relatively inelasti

MatroZZZ [7]

Answer:

Relatively elastic-

a) Goods that have a large number of available substitutes.(b) Consumers have a long time to adjust to a change in price.

Relatively inesltic:

c) Goods that are necessities.(d) Goods on which consumers spend a small share of their budget.(e) Goods that are narrowly defined

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is relatively inelastic if a small change in price has little or no effect on quantity demanded.

Demand is relatively elastic if a small change in price has a greater effect on the quantity demanded.

A good that has many substitutes is relatively elastic. If the price of the good increases, consumers would shift to the consumption of a substituite.

If consumers have a long time to adjust to price change, they have longer time to find substitutes for the good. Therefore demand is relatively elastic.

Goods that are necessities have a relatively inelastic demand. For example, let assume the price of a bottle of water increases, because water is a necessity, demand would not change.

When a good is a part of a budget, demand is relatively inelastic. For example, let's assume a person earns $500,000. The price of a bottle of water rises from $1 to $1.50. The demand for the bottle of water would not change as a result of the increase in price. So demand is relatively inelastic because it represents a small part of the budget.

Goods that are narrowly defined are relatively inelastic because there would not be suitable substitutes for the good.

I hope my answer helps you

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3 years ago