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ELEN [110]
2 years ago
6

Banks are a stabilizing force in our entire financial system. Discuss two of the three primary function of the banking system.

Business
1 answer:
Illusion [34]2 years ago
7 0

Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.

Explanation: Those are two primary functions.

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For each of the goods, classify them according to whether they are rivalrous, nonrivalrous, excludable or nonexcludable. Rivalro
sergij07 [2.7K]

Answer:

A)A sports team t-shirt:(Rivalrous and Excludable)

B)The air we breath (Nonrivalrous and nonexcludable)

C)Atlantic Bluefin Tuna in the Mediterranean Sea:(Rivalrous and nonexcludable)

D)A toll road in normal traffic:(Nonrivalrous and excludable)

Explanation:

Excludable goods can be regarded as goods whereby there is possibility of preventing consumers that has not paid for that good from accessing it.

Rivalrous goods are types of goods that can only be occupied by a person

there is competition created for their consumption.

Non-excludable goods can be regarded as public goods they are one

which are commonly available within a society for all people. These goods cannot be excluded from certain person.

Non-rivalrous goods can be regarded as public goods whereby the supply of that goods is not affected by consumption of people.

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2 years ago
Assume that baps corporation is considering the establishment of a subsidiary in norway. the initial investment required by the
jeka94
Check the attached file for the answer.

7 0
2 years ago
Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February
Ksenya-84 [330]

Answer:

                                      Dr.             Cr.

February 2, 2012

Inventory                    $30,000

Account Payable                          $30,000

February 10, 2012

Account Payable       $30,000

Discount received                        $600

Cash                                              $29,400

Explanation:

Term 2/10, n/30 means there is a cash settlement discount of 2% is available if the payment is made within 10 days after the purchase of goods. Net credit period is 30 days. Purchases were made on February 2 and Payment was made on February 10 within the discount period, so Shankar Company is entitled to claim the discount of 2%. Cash will be paid net of discount.

Discount = $30,000 x 2% = $600

Cash Payment = $30,000 - $600 = $29,400

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2 years ago
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2 years ago
The Matthews want to split their refund between savings and checking accounts. How is this accomplished, if possible? OA Complet
PSYCHO15rus [73]

Answer:

Option A is the right answer.

Explanation:

  • Matthews can split his refund in saving and checking accounts. Under form 8888 Allocation of refund, he can split his refund in 7 combinations, 3 direct deposits, 3 series saving bond and 1 paper check.
  • So long so our financial institution allows direct deposits for that type of account and has accurate account numbers, we will transfer our reimbursement to any of our checking or savings accounts with a US financial institution.

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3 years ago
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