Basic checking account = <span>Both does not earn interest and has a low minimum balance requirement;
</span>interest-bearing checking account = <span>Both earns interest and allows unlimited ATM use;
</span>savings account = Both restricts access to funds through withdrawals;<span>
money market deposit account = pays higher interest than a savings account;
</span>
Reserve ratio was 15% at the balance sheet the whole commercial banking system rather than for a single <u>lend out or invest.</u>
<h3>What is
commercial banking ?</h3>
A financial institution that accepts deposits, provides checking account services, makes different loans, and provides fundamental financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses is referred to as a "commercial bank." Most people conduct their financial business at commercial banks.
Commercial banks generate revenue through making loans, including mortgages, vehicle loans, business loans, and personal loans, and charging interest on those loans. The money needed to fund these loans is provided by customer deposits to banks.
- Commercial banks provide basic banking services, such as deposit accounts and loans, to individuals and small to medium-sized businesses.
- Commercial banks profit from a range of fees as well as from the interest they get on loans.
To learn more about commercial banking from the given link:
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<span>The U.S. Postal Service employs about 700000 people and is responsible for the delivery of mail. Learn more about the United States Postal Service.</span>
Answer:
b) fulfill the buyer's needs and motives.
Explanation:
When the company gives the presentation based on the sales so it should be benefit for the buyer as the company fulfill buyer needs and motives and gains the maximum satisfaction while delivering the goods and services to the consumer
Therefore in the given case, the option B is correct as the company meets the customer needs, wants and motives
Hence, all the other options are wrong
Answer:
d. Complements
Explanation:
Compliments or complementary goods are products that are used together. The use of one product is dependent on the availability of the other. Examples of complementary goods are cars and petrol, printers and ink cartridges, and computer hardware and software.
Changes in the price of a complementary product will affect the demand for the other product. If the price of cars decreases, leading to an increase in demand, the demand for petrol will automatically increase. The demand for complimentary products is described as joint demand.
