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BaLLatris [955]
3 years ago
13

Determine which of the items below would show up on a monthly bank statement. (Check all that apply.)

Business
1 answer:
djverab [1.8K]3 years ago
7 0

Answer:

Deposits and other credits increasing the account during the period.

End-of-period balance in the account.

Beginning-of-period balance in the account.

Checks and other debits decreasing the account during the period.

Explanation:

A bank's monthly statement may be described as document showing transaction details which occurred on a bank account during a specified period of time. The monthly statement will include balance or amount in the account at the beginning of the period. The record of deposits and inflow of funds or credits in the account. The monthly statement will also include outflow, which are withdrawals and debits occurring on the account at the specified period of time. Also, the statement will include the balance at the end of the specified period of time.

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3 years ago
Dollar bills in the modern economy serve as money because
aleksandr82 [10.1K]

Answer:

The correct answer is option C.

Explanation:

Dollar bills in the modern economy will be used as money because they serve as a medium of exchange, store of value, and unit of account. They have no independent value as a commodity apart from these uses.  

This makes the exchange function of money easier. People will not hoard dollar bills for other purposes as it has no intrinsic value on its own. It is just a piece of paper.

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3 years ago
_______________ is the primary source of financial vulnerability for people in late adulthood
mixer [17]
The primary source of financial vulnerability for people in late adulthood is their reliance on fixed income that they receive. Because of their reliance to their fixed income, financial vulnerability could only occur as they don't try to open more options and suggestions into having more financial income that could support their financial needs.
5 0
3 years ago
A competitive firm maximizes profit at an output level of 500 units, market price is $15.00, and ATC is $15.75. At what range of
KIM [24]

Answer:

AVC < $15.00

Explanation:

A firm will continue to produce as long as total revenue covers total variable costs or price per unit > or equal to average variable cost (AR = AVC).

8 0
3 years ago
The money supply includes all of the following EXCEPT
Zanzabum

Answer:

The correct answer is (C) lines of credit accessible with credit cards.

Explanation:

It is important to recognize that demand deposits are not automatically part of the money supply by virtue of their own existence; they continue to be equivalent to money as long as the subjective estimates of the sellers of goods in the market think they are so equivalent and accept them as such in return.

All economists, of course, include standard money in their money supply concept. The rationale for including demand deposits is that people believe that these deposits can be exchanged in standard sight money, and therefore treat them as equivalent, accepting the payment of demand deposits as a substitute for payment. cash. But if demand deposits must be included in the money supply for this reason, it follows that any other entity that follows the same rules must also be included in the money supply.

7 0
3 years ago
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