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Andrews [41]
3 years ago
15

Why banks pay lower interest rates on savings accounts than on certificates of deposits.

Business
1 answer:
gregori [183]3 years ago
8 0

Answer:

See below

Explanation:

Savings accounts are more common than certificates of deposits. Banks do not restrict customers on the number of withdrawal and deposits per period in a savings account. Banks consider savings account very liquid because a customer can withdraw their money anytime. Due to this reason, savings accounts attract low-interest rates.

Certificate of deposits, CDs have withdrawal restrictions. In this type of account, the customers agree to keep their money in the bank for a specified period. Banks offer a higher interest rate to encourage customers to keep their money in the account for the agreed duration.

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In general, individuals and nations should specialize in producing goods _________ other individuals or nations.
denpristay [2]

Answer: In general, individuals and nations should specialize in producing goods <u>"C. for which they have a lower opportunity cost compared to"</u> other individuals or nations.

Explanation: According to the theory of comparative advantages: Each country should specialize in what is most efficient. A comparative advantage is the ability of one country to produce using relatively less resources than another.

4 0
3 years ago
Planing is the primary function of management.discuss
Bad White [126]

Explanation:

it is a primary function of management because it help in making the business and it makes it easier for the employees and everyone involved in the business in the workforce to see what is going to happen in the business and it's important for making decisions and such as trading and different types of that can a decision so it can also make it easier for the employees and the whole business to run smoothly because if you have a plan for everything then you can easily basically just you know work according to your needs and you can just flourish as a business

7 0
2 years ago
Below is the 6-step process for making chocolate chip cookies: 1) combine the flour, baking soda, salt in one large bowl 2) comb
goblinko [34]

Answer:

Correct answer is C.

<u>DPMO is approximately 45000</u>

Explanation:

Total Defects = 450

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DPMO = (Defects / Opportunities) * 1000000

= (450 / 10000) * 100000

= 45000

4 0
4 years ago
Which one of the following is the price a dealer will pay to purchase a bond? a. bid-ask spread b. par value c. call price d. bi
svp [43]

The bid price is the price a dealer will pay to purchase a bond.

A bid price is an amount that someone is willing to pay for a security, asset, commodity, service, or contract, among other things. In a lot of markets and places, it is referred to as a "bid."

A bid typically represents a reduction from the "ask" price, which is the price at which sellers are willing to accept an offer. The spread between the two prices is known as the bid-ask spread.

Market makers place ongoing bids for securities and may also do so when a seller asks for a price at which they can sell. Unsolicited bids are those that a buyer submits while a seller isn't actively looking to sell, which happens occasionally.

Learn more about price here:

brainly.com/question/18117910

#SPJ4

6 0
2 years ago
A client has an options account that is qualified to buy options and sell covered calls. The client calls his representative, te
eduard

Answer:

The correct answer is letter "B": The "Special Statement for Uncovered Options Writers" must be provided before executing the transaction.

Explanation:

A naked call is a type of strategy options traders use when writing a call option without owning the underlying assets. For this to be possible, the trader must sign an options agreement and the Registered Options Principal (ROP) must approve the account so the trader can write naked options.  

Before proceeding the "<em>Special Statement for Uncovered Options Writers</em>" must be provided.

6 0
4 years ago
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