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swat32
2 years ago
13

Why banks exist as financial intermediaries.

Business
1 answer:
omeli [17]2 years ago
4 0

Answer:

Banks act as financial intermediaries because they stand between savers and borrowers. Savers place deposits with banks, and then receive interest payments and withdraw money. Borrowers receive loans from banks and repay the loans with interest.

Explanation:

;)

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The GDP of a country hasnt improved in the past three years. The central bank decided to take a measure that will increase the a
Leya [2.2K]

The correct answer is B. Reduce interest rates

Explanation:

The GDP or gross domestic product is measured based on the amount of money products and services produced by a country cost. This concept is related to the amount of money people in a country spend on goods and services. Additionally, one of the ways to increase the GDP by motivating people to spend more money is if interest rates are reduced because if the interest rate is low (money people need to pay for a loan) consumers are more likely to request loans and use the money of these on goods and services. This increases the amount of services and goods and therefore has a positive impact on the GDP.

4 0
3 years ago
Please help economics
sergeinik [125]
I’m pretty sure the answer to your question is a
4 0
2 years ago
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A customer tells his broker "Sell my position in ABCD (a NASDAQ stock) and use the proceeds to buy EFGH (another NASDAQ stock)."
MrMuchimi

Answer: C. purchase of EFGH separately; and the sale of ABCD separately

Explanation:

7 0
3 years ago
Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test
dem82 [27]

Answer:

Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test scores are determined by positions. For example, the test scores for Cindy are 67, 92, 67, 43, 78. Drop the lowest of the five test scores for each student and average the rest and determine the letter grade for that student. Make sure your printout is the same as mine with the same column widths

lowest of the five scores is 43

dropping the lowest, the we have= 67, 92, 67 and 78

Average the rest= 67+92+67+78/4

Average= 76

The grade is A irrespective of the grading point used

Explanation:

3 0
3 years ago
Emily, while driving a car manufactured by Toyosan, suffered a side impact collision from another driver. Despite the fact that
solong [7]

Answer:

Toyosan's air bag was defective because it did not meet the expectations of a reasonable consumer.

Explanation:

Since the airbag was not as effective as it was expected by the customers, a suit against the car manufacturers from product liability may see the court conclude that the air bag was defective since it did not meet the expectations of a reasonable consumer which would have been protecting her head from hitting the steering wheel which still occured even tho the air bag was deployed.

7 0
3 years ago
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