What is being described above would be an ONLINE SAVINGS ACCOUNT. This kind of account is similar to a basic bank account but it gives a higher interest rate since it is only operated online and does not possess that overhead that standard banks have. The answer is option C.
Answer;
The above statement is true;
<span>To protect consumers, the SEC requires brokers and dealers to reveal information about securities.
Explanation;
The objective of the SEC (securities and Exchange Commission) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. they also protect consumers by requiring brokers and dealers to reveal information about securities. </span>
Answer: Price discrimination.
Explanation:
Price discrimination occurs when a seller sales the same product for different prices to different buyers, in one case the price is less and in another case the price is higher when there is no need for a change in selling price. An example of price discrimination is when a car dealer sells a car at a cheaper price to his friend than he sold the same model of car to another buyer.
Answer:
Demand for automobile workers will fall.
Explanation:
Companies are always looking for ways to reduce costs in the production profits, in order to raise revenue and profit.
Workers are form of factor of production known as labor, while machines, which make automation posssible, are another form of factor of production, known as capital.
If employing machines to automate the production process becomes cheaper than hiring workers, then, the firm will use more machines and hire less workers. This is simply because using machines is cheaper, and will likely raise profits.
