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luda_lava [24]
2 years ago
9

Summarize how the Peer-to-peer payment process typically works?

Business
1 answer:
andre [41]2 years ago
6 0

Answer:

Peer-to-peer payments are transactions that can be used for anything from splitting a dinner bill between friends to paying the landlord rent. These payments allow the transfer of funds between two parties using their individual banking accounts or credit cards through an online or mobile app.

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Describe key services that the financial system provides to savers. Question 17 options: Economies of scale of information Risk
jeka57 [31]

The answer is all of the above.

Risk sharing, liquidity, and knowledge are the three main services that the financial system offers to both savers and borrowers.

First, people seek steady returns on their holdings.

Investors often maintain a portfolio, or collection of assets, that offers generally consistent returns (diversification).

Risk is a measure of how unpredictable the return on an asset is.

Liquidity is a measure of an asset's ease of movement to be transformed into cash.

In financial markets, the information contains facts about borrowers and expectations of returns on financial assets.

Key Services of the Financial System:

  • Effective Payment System
  • Intermediary to Investors and Borrowers
  • Sharing of Economic Financial Risk
  • Diversification
  • Liquidity
  • Financial Information

Hence, key services that the financial system provides to savers include all of the above.

Learn more about financial market:

brainly.com/question/690070

#SPJ4

5 0
2 years ago
Which of the following pairs of elements are likely to form an ionic compound? Check all that apply. Check all that apply. lithi
Vlad1618 [11]

Answer:

lithium and chlorine

potassium and oxygen

Explanation:

Ionic compound are chemical compound held by electrostatic forces known as ionic bonding. Ionic compound, their is transfer of electron. One atom of element lose electron while the other atom gain electron. The ions involve in bonding are known as cations and anions.

The cations loses electron to become positively charged while the anion receive electron to become negatively charged. An ionic compound possess an anion and a cations. The electronegativity difference between the atom that go into bonding is widely different.  

The best option is the bonding between lithium (cations) and chlorine(anions) and potassium(cations) and oxygen(anions).

The bonding is usually between a metal and a non metal.

Li + and  Cl- → LiCl

K+ and O2- → K2O

7 0
4 years ago
Which one of the following does not describe balance of​ trade? a. Balance of trade is the largest item in the current account.
sergeinik [125]

Answer:

c. Balance of trade is equal to the sum of current account balance and financial account balance.

Explanation:

The balance of trade is the difference in value between a country's imports and its exports over time. Balance of trade ( BOT) is expressed in monetary terms. If a country has more exports than imports, it has a positive trade balance or a trade surplus. Balance of trade is also known as international trade balance or trade balance.

Economists use the balance of trade in determining the country's current account. A trade deficit or trade surplus on its own does not mean that the economy is weak or strong in that period. The balance of trade is obtained by subtracting net imports from net exports.

7 0
3 years ago
The market for plywood is characterized by the following demand and supply equations: QD = 800 – 10P and QS = 50P – 1,000, where
Sunny_sXe [5.5K]

Answer:

$3,750

Explanation:

at $25 per sheet of plywood:

total demand = 800 - (10 x 25) = 800 - 250 = 550

total supply = (50 x 25) - 1,000 = 1,250 - 1,000 = 250

the equilibrium price is:

800 - 10P₁ = 50P₁ - 1,000

1,800 = 60P₁

P₁ = 1,800 / 60 = 30

the equilibrium quantity (Q₁) is:

Q₁ = 800 - (10 x 30) = 800 - 300 = 500

at 250 units, the price should be:

250 = 800 - 10P₂

10P₂ = 550

P₂ = $55

total deadweight loss = 0.5 x  (P₂ - P₁)  x (Q₂ - Q₁) = 0.5 x  ($55 - $25)  x (250 - 500) = 0.5 x $30 x -250 = -$3,750

7 0
4 years ago
In may 1991, car and driver described a jaguar that sold for 980,000 dollars. suppose that at that price only
Andrej [43]
<span>The consumer surplus is $9,237,704,920</span>
6 0
4 years ago
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