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Rama09 [41]
3 years ago
7

Daniel owns his own computer repair shop. Business has not been good, so Daniel's credit limit has been exhausted, and he needs

a short-term loan to help him stay in business. Which institution, known as the lender of last resort, would Daniel most likely turn to for a loan
Business
1 answer:
Nikolay [14]3 years ago
7 0

The institution that is called the lender of the last resort is the finance company.

The following information should be relevant:

  • Daniel should be converted into a finance company where the business provides short-term loans at high-interest rate as compared to the banks.
  • Due to the high-interest rate,  the financial companies should be treated as the lender of last resort for an individual & the businesses where the credit limit could be exhausted having poor credit ratings.

So, the rest of the options are incorrect.

Therefore we can conclude that the institution that is called the lender of the last resort is the finance company.

Learn more about the credit limit here: brainly.com/question/8243881

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Which of the following is not the type of work done in a support department? c. maintenance work done to keep production machine
Murljashka [212]

Answer:

a. production work on an assembly line that makes a product

Explanation:

A support department refers to a section of an organization that comprises of employees who are saddled with the responsibility of providing timely and professional assistance to other core departments such as the production department.

This ultimately implies that, the support department provides assistance such as maintenance work done to keep production machines running smoothly, safety and security services provided to keep the production facility safe and janitorial services provided for the production facility.

Hence, any production work on an assembly line that makes a product is not a type of work done in a support department because all production work is solely being performed by the production department.

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A software vendor pitches a new sales force automation software product to your​ company's vp of sales and marketing. before pur
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7 0
3 years ago
If a regulator sets price where P = AC for a natural monopoly, output will be A. less than the competitive level and greater tha
Svet_ta [14]

Answer:

I think It is D

Explanation:

5 0
3 years ago
Your buddy in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes
m_a_m_a [10]

Answer:

 

Explanation:

a ) We shall calculate the NPV of the project . If it is positive , then money can be invested

Cash outflow in the beginning =1000

Present value of perpetual annuity of 100 at 9.5 %

100 / .095

= 1052.63

which is more than initial cash outflow

So NPV is positive

Hence money can be invested.

b )

If machine takes one year to build , first year cash outflow of 100 will be absent

Present value of 100 after 1 year

= 100 / 1.095

= 91.32

So present value of annuity

= 1052.63 - 91.32

= 961.31

This is less than 1000 so

NPV is negative.

Hence money can not be invested.

5 0
4 years ago
What is the only condition that a work must meet in order to be protected by copyright?.
Vadim26 [7]

Answer:

It must be an original expression.

Explanation:

4 0
2 years ago
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