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cricket20 [7]
3 years ago
5

What will be the credit and debit

Business
1 answer:
juin [17]3 years ago
3 0
A credit card is money the bank lets you borrow A debit card is money you already have
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3. Which of the following is a liability?
Paraphin [41]

Answer:

buildings

Explanation:

Because if you own buildings you have to take care of them and you make sure you have them clean make sure nothing is wrong if a person complains find the problem and make it better and a loan will put you in a lot of debt to that person instead of making your own money.

6 0
3 years ago
In order to realize the strongest competitive advantage, firms engaged in worldwide competition must:_____.
m_a_m_a [10]

In order to realize the strongest competitive advantage, firms engaged in worldwide competition must C.<u> pursue a </u><u>strategy</u><u> that combines the uniformity of a global strategy and the specificity of a multidomestic strategy in order to achieve optimal results.</u>

<u />

Strategy is an movement that managers take to gain one or greater of the organization's desires. The strategy also can be defined as “A trendy course set for the company and its various components to acquire the desired country within the destiny. approach effects from the precise strategic planning procedure”.

A tactic refers to the particular moves taken to reach the set desires in line with the method. for example, enterprise A's method is probably to end up the cheapest issuer within the cellphone marketplace. Their managers then want to negotiate with suppliers to lessen the costs of the electronic components used in production.

Strategy is a standard plan to reap one or extra long-time period or normal desires under conditions of uncertainty.

Learn more about the strategy here: brainly.com/question/24769299

#SPJ4

6 0
2 years ago
Suppose that you are a member of the Board of Governors of the Federal Reserve System. The post 2008 economy is experiencing a s
DedPeter [7]

I will recommend a contraction of the money supply by increasing the revenue ratio or discount rate or selling bond.

I will also recommend a contraction of the money supply which would reduce the lending ability of the banking system, increase the real interest rate and reduce investment spending, aggregate demand and inflation.

<h2>Further Explanation</h2>

Supposing I am a member of the board of governors and the economy is experiencing a sharp rise in the inflation rate, I will suggest to other members and recommend a contraction of the money supply by increasing the discount rate.

The discount rate refers to an interest rate that is charged when commercial banks borrow money from the Federal Reserve System.

Also, it is required of all banks in the United States to set aside a particular percentage of their deposits in reserve.

The Federal Reserve System was created in 1913 and it is the central bank of the United States. The structure of the Federal Reserve System is made of the Board of governors and 12 Federal Reserve banks

Some of the core functions of the Federal Reserve board include

  • They regulate the money supply with monetary policy
  • They control the affairs of the financial institutions
  • They control the checking clearing procedures in both regional and national.

Learn more about the federal reserve system at:

brainly.com/question/10906598

#learnwithbrainly

8 0
3 years ago
The futures price of gold is $1,000. Futures contracts are for 100 ounces of gold, and the margin requirement is $3,000 a contra
Dmitry [639]

Answer:

a. The initial remittance is the same as the initial margin requirement of $3,000.

b. The profit is;

= 100 ounces * ( 1,005 - 1,000)

= $500

Return is;

= Profit/ Margin

= 500/3,000

= 16.67%

c. The loss is;

= 100 * ( 1,000 - 998)

= -$200

d. If the futures price declines to $984, what must the speculator do?

Depends on if the maintenance requirement is still below the balance.

= 3,000 - 100 * (1,000 - 984)

= $1,400

This is below the maintenance margin of $1,500 and so the speculator will have to deposit an amount that will take it back to the original margin requirement.

= 3,000 - 1,400

= $1,600

Speculator should deposit $1,600.

e. = 3,000 - 100 (1,000 - 982)

= $1,200

8 0
3 years ago
If you have a total consumption budget, what should you do to ensure you have enough money saved for emergencies and meeting lon
JulijaS [17]
If you have a total consumption budget for each month, then at least consumption budget of between three to six months should be put in your emergency fund account to cater for financial dilemma which may occur at any time due to loss of job or other factors. After this, you can now start saving toward long term goals by saving at least 10% of your income.
8 0
4 years ago
Read 2 more answers
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