1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wel
3 years ago
15

The banking industry A) should have an efficiency advantage in gathering information that would eliminate the need for the money

markets. B) exists primarily to mediate the asymmetric information problem between saver-lenders and borrower-spenders. C) is subject to more regulations and governmental costs than the money markets. D) all of the above are true. E) only A and B of the above are true.
Business
1 answer:
Shtirlitz [24]3 years ago
3 0

Answer:

D) all of the above are true

Explanation:

The banking industry has the benefits of gathering information about the money market. Therefore, customer does not need to find it from the market. Again, it serves as an intermediary for the savers and borrowers to resolve the asymmetric information. Moreover, banks are subject to more regulations than any money market. Therefore, all the answers are correct.

You might be interested in
George transfers cash of $150,000 to Finch Corporation, a newly formed corporation, for 100% of the stock in Finch worth $80,000
kolbaska11 [484]

Answer:

Finch has an interest expense deduction of the amount of $6,300.

Explanation:

Based on the information given in a situation where Finch pays George interest of the amount of $6,300 in which the amount of $7,000 was the principal payment on the note which means that Finch will have an interest expense deduction of the amount of $6,300 reason been that the amount of interest that was paid to George which is $6,300 will be the amount that is allowed for deduction.

3 0
3 years ago
If you are a director of a tea company, what will you do with functional management (POLC)? You are required to make a detail pl
stepan [7]

Answer:

Make someone else director

Explanation:

I would be too lazy to do that. ;)

3 0
3 years ago
Read 2 more answers
The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods
Arada [10]

Answer: 4,375 units

Explanation:

The budgeted production for July will be;

= July sales + Ending inventory - Beginning inventory

Ending inventory = 25% * August sales =25% * 4,900 = 1,225

Budgeted production = 4,200 + 1,225 - 1050 = 4,375 units

3 0
3 years ago
Daniel deposits $2,000 per year at the end of the year for the next 15 years into an IRA account that currently pays 7%. How muc
diamong [38]

Answer:

$50,258.

Explanation:  

According to the scenario, computation of the given data are as follow:-

We can calculate the deposit amount at the end of 15 years by using following formula:-

Deposit Amount per year(PMT) = $2,000

Interest rate = 7% = 0.07

Deposit year (n) = 15 years

Future value(FVIFA) = PMT × [{(1 + interest rate)^number of years - 1} ÷ interest rate]

= $2,000 × [{(1 + 0.07)^15 - 1} ÷ 0.07]

= $2,000 × [{2.7590315 - 1} ÷ 0.07]

= $2,000 × [1.7590315/0.07]

= $2,000 × 25.129022

= $50,258

According to the analysis total deposit at the end of the year is $50,258.

         

5 0
3 years ago
Explain why the marginal revenue curve facing a competitive firm differs from the marginal revenue curve facing a monopolist. un
ycow [4]

The correct answer to this question is that:

In a monopoly, “the monopolist must lower the price on all units to sell one more unit of output”.

This means that in a monopoly market, if we increase the amount of output without lowering the price, the marginal revenue decreases. Therefore marginal revenue is indirectly proportional to number of outputs.

In a perfect competition however, the marginal revenue is constant to any amount of output.

<span> </span>

8 0
3 years ago
Other questions:
  • Donald discovers major flaws in the packaging department. He consults the production manager and formulates control measures to
    14·1 answer
  • A company's business model:______a. is management's blueprint for how it will generate revenues sufficient to cover costs and yi
    5·1 answer
  • The open-economy macroeconomic model examines the determination of a. unemployment and the exchange rate. b. the output growth r
    13·1 answer
  • What is the formal agreement between two or more countries trade,peace and other matters called?
    12·2 answers
  • If the number of people classified as unemployed is 50,000 and the number of people classified as employed is 250,000, what is t
    12·2 answers
  • A mortgage broker advertises a 3.5% fixed payment on a 30-year loan implying that the offer was for a 30-year loan with a 3.5% f
    11·1 answer
  • The __________ provides the same results as a check because it withdraws funds from a checking account.
    10·1 answer
  • If you see a customer is drinking quickly you can do all the following except
    13·1 answer
  • V
    12·2 answers
  • True or false: A potential consequence of an incentive system for factory workers is that workers who are rewarded solely on out
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!