Which of these scenarios best describes fractional reserve banking?
-Maria makes a deposit of $20,000, and the bank loans $18,000 to Mark so he can buy a car
-Jamir makes a $1,000 deposit and then withdraws it one week later.
-Isabella splits her $5,000 deposit between two different banks.
-A bank manager trades old, worn $20 bills for new currency issued by the Federal Reserve.
The scenario that best described fractional reserve banking is Maria makes a deposit of $20,000, and the bank loans $18,000 to Mark so he can buy a car.
What is fractional reserve banking?Fractional banking is a form of banking where a portionof customer's deposits is kept with the Central Bank as reserves. The excess of deposits over reserves can be given out as loans.
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Creating customer profiles and understanding behavioral characteristics are major focuses of any marketing research project.
a. True
b. False
Answer:
Explanation:
You sell things on occasion on eBay, and because of this, your eBay profile lists that you are a seller of goods and has customer satisfaction reviews that appear on your profile page. However, most of the time, you do not have any goods listed for sale. According to the UCC, you are a merchant.
True
False
Choosing a car that costs __________ instead of a car that costs __________ means that you'll have more money available for other purchases.
A. $9000; $7000
B. $10,000; $14,000
C. $18,000; $12,000
D. $12,000; $11,000
The correct option is "B. $10,000; $14,000".
Choosing a car that costs "$10,000" instead of a car that costs "$14,000" means that you'll have more money available for other purchases.
The answer is option B, because if you choose option A, C, or D, you will have no money available for other purchases. And you have to arrange more money for car. But if you choose option B, there are $4000 left for other purchases.
"for which service characteristic do marketers need to pay close attention to fluctuations in demand?"
Perishability is the service characteristic marketers need to pay close attention to fluctuations in demand.
What is the Market?The trade of products or services can take place in a market, which is a gathering place for interested parties. Both purchasers and sellers are typically the stakeholders engaged. The market might be actual, like a real store where people interact in person, or it could be virtual, like an online market, where there is no face-to-face interaction among both purchasers and sellers. A market is characterized by a few basic elements, such as the presence of buyers and sellers, as well as a commodity that can be bought and sold.
Any location where two or more people may come together to conduct an economic transaction, even one that doesn't require legal cash, is referred to as a market. A market transaction can entail the transfer of commodities, services, information, money, or any combination of these to another party. Markets are places where buyers and sellers may come together and do business.
Typically, a transaction requires the participation of two parties. But to provide competition and restore equilibrium to the market, at the very least, a third party is needed. As a result, among other things, a market in a condition of perfect competition is characterized by a large number of active buyers and sellers.
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William is interested in exercising more, but does not feel he has the time. Write a short response explaining how he can find the time to exercise.
Answer:
Finding time to exercise can be difficult, but it is important to consider time spent exercising as important time, as important as social commitments, work, and school. Therefore, effective strategies to increase time for exercise include scheduling blocks of exercise time, making people more aware of your exercise time, analyzing your schedule for the best time to exercise, pursuing activities that can be done from home, finding places to exercise that are close to home, work, or school, and finding a person with whom you can exercise.
Explanation:
This is the answer on the 2020 edge test.
The following statement is from the contract Peter signed with his Homeowner's Association (HOA). "Overnight parking on community streets is prohibited. For the purpose of this contract, 'overnight' will be defined as the hours between 11:00 p.m. and 4:00 a.m. The HOA will monitor overnight parking not less than once every calendar week with nightly patrols by community security. "In the event a car is found parked on community streets overnight and that ownership of the offending car can accurately be verified as a community homeowner, the homeowner will receive one (1) written warning asking him or her to correct the situation. A second and third infraction by the same homeowner, whether or not it is with the same car, will result in a monetary fine as permitted by CC&R guidelines and HOA bylaws. Further infractions (past 3) will result in monetary fines in addition to the towing of the car at the homeowner's expense." Because of the extremely low ground effects and body profile on his racing car, Peter is unable to drive his car off of the street and onto the driveway. He has parked on the street overnight for the past five weeks. He has received one written warning and one monetary fine from the HOA. What consequences should Peter expect after this week's security check?
Answer:
C. He will receive a monetary fine and his car will be towed.
Explanation:
__________ retailing refers to the creation of a seamless cross-channel buying experience.
Dennis, the owner of a popular restaurant, is a religious man, and he needs to make a decision on whether he will add beer and wine to his menu, based on the recommendations of his chefs and others. when confronted with a choice when making a decision, he tends to make his decisions based on his beliefs, even if evidence shows those beliefs are wrong. if his religious beliefs favor not serving alcohol in his café, according to the prior-hypothesis bias he would choose not to add beer and wine to his menu.
Michael has been saving his money and wants to invest it. after doing some research, he has decided to invest $20,000 into a certificate of deposit. the interest rate on the cd is 3% with a term of five years, and the interest is paid out annually. based on recent inflation, michael is planning on an annual inflation rate of 2%. how much interest will michael earn on this cd in the first year, based on the nominal interest rate?
Answer: Micheal will earn an interest of $600 in the first year based on nominal interest rates.
Since we need to compute the interest paid out at the end of year 1, we use the following formula in order to find the interest
[tex]SI = P * N * R[/tex]
where
SI = Simple interest
P = Principal or initial amount invested
N = Number of years
R = Nominal interest rate
Nominal interest rate refers to the rate quoted on the CD or the rate agreed upon. In this question, the nominal interest rate is 3%.
Substituting the values in the formula above we get,
[tex]SI = 20000 * 1 * 0.03[/tex]
[tex]SI = 600[/tex]
Answer:
The nominal interest rate is 3 percent, while the real interest rate is 1 percent
Explanation:
Got it right on edge:)
Steven buys a pair of scissors instead of getting a haircut. He believes the scissors will last for a long time, while the haircut will only last a few weeks. In this case, scissors is a good, while the haircut is a service. Why is a haircut considered a service here?
Final answer:
A haircut is considered a service because it is an intangible act that is consumed at the point of sale and does not result in the ownership of a physical object. Services differ from goods, which are tangible items that can be used over time.
Explanation:
A haircut is considered a service because it is an intangible action performed by a hairstylist, barber, or cosmetologist that cannot be physically touched or stored. Unlike goods, services are consumed at the point of sale and do not result in the ownership of any physical object. Moreover, a haircut is a personalized transaction that often involves building a relationship between the stylist and the customer.
Consumers, Goods & Services
Economic products fall into two main categories: goods and services. Goods are tangible items, such as scissors, that a consumer can purchase and use repeatedly over time. These are categorized as either durable goods, like cars or kitchen appliances, which are intended to last for several years, or nondurable goods, like food or clothing, which have a shorter lifespan. Services, on the other hand, are intangible benefits bought from others, including haircuts, which are not lasting but provide immediate value at the time of the transaction.
Employees' self-efficacy level can be increased by:
a. showing them the training success of their peers who are now in similar jobs.
b. letting them know that the purpose of training is to identify areas in which employees are incompetent.
c. convincing them that they lack the ability and the responsibility to overcome learning difficulties they experience.
d. providing limited information about the training program and the purpose of training prior to the actual training. 5 points
Which of the following is a variable that could be used for demographic segmentation of consumer markets?
He utilitarian approach proposes that actions and plans should be judged by their consequences. research reveals that stakeholders who have the ability to affect the company have ________; whereas stakeholders that have ________ have a legal or moral claim on company resources.he utilitarian approach proposes that actions and plans should be judged by their consequences. research reveals that stakeholders who have the ability to affect the company have ________; whereas stakeholders that have ________ have a legal or moral claim on company resources.
Mark and julie are going to sell brownies and cookies for their third annual fundraiser bake sale. in one day, mark can make 40 brownies or 20 cookies, and julie can make 15 brownies or 15 cookies. based on this information, ________ has the comparative advantage in making brownies and ________ has the comparative advantage in making cookies. mark; mark julie; julie mark; julie julie; mark
While ________ encourages free trade among canada, mexico and the united states, manufacturers and distributors must abide by local content requirements and rules of origin. can nafta cafta-dr lafta?
Alejandra has come across a section in her physics textbook detailing the affect of wing span on an airplane’s cruising speed. How should she adjust her reading speed?
Calculate the economic profit of the tree-trimming firm whose explicit and implicit expenses are shown. ms. tree has a total revenue of $98,000. ms. tree's economic profit and the entry or exit decision explicit costs per year payment on the loan on boom lift truck $12,000 gasoline $4,000 miscellaneous equipment $16,000 implicit costs earnings forgone by not working for mr. plow $45,000 the forgone income that the $50,000 invested in the boom lift truck could have earned if invested elsewhere
The economic profit for Ms. Tree's tree trimming business is calculated by subtracting both explicit and implicit costs from total revenues, resulting in a loss of $29,000. This could indicate that an exit decision may be the best course.
Explanation:To calculate the economic profit of a firm, both explicit and implicit costs must be subtracted from total revenues. For this tree trimming company, explicit costs total $32,000 (the sum of the costs for a boom lift truck, gasoline, and miscellaneous equipment). The implicit costs amount to $95,000 (the sum of earnings forgone by Ms. Tree and the potential income the investment in the boom lift truck could have earned elsewhere).
Therefore, using the formula for economic profit, which is total revenues minus explicit costs minus implicit costs, we get: $98,000 - $32,000 - $95,000. As a result, the economic profit of Ms. Tree's firm equals - $29,000. Considering this negative profit, an exit decision may be appropriate as the firm is not covering all the explicit and implicit costs from its revenues.
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Final answer:
The economic profit of the tree-trimming firm is -$59,000 per year.
Explanation:
To calculate the economic profit of the tree-trimming firm, we need to subtract both the explicit and implicit costs from the total revenues.
The explicit costs are the expenses shown, such as payment on the loan on the boom lift truck, gasoline, and miscellaneous equipment, which total to $32,000.
The implicit costs are the earnings forgone by not working for Mr. Plow and the forgone income that the $50,000 invested in the boom lift truck could have earned if invested elsewhere, which total to $125,000.
Therefore, the economic profit can be calculated as:
Total revenues - explicit costs - implicit costs
= $98,000 - $32,000 - $125,000
= -$59,000 per year.
Three common methods employed in the clean-up of oil spills are
_____ are labor markets in which workers are hired into entry level jobs and higher level jobs are filled from within. select one:
a. external labor markets
b. outsourcing markets
c. internal labor markets
d. global sourcing markets
People who make money investing in the stock market
get certain tax breaks.
should sell quickly to avoid taxes.
have to pay a fee to keep a stock.
must pay taxes on profits.
When you make money from investing in the stock market, you must pay taxes on profits.
What are taxes?These are payments to the government from profits and salaries. They are used to fund the activities of government.Cash from the stock market is profit which means that it is liable for taxation so those who make money in such ways need to pay taxes.
In conclusion, option D is correct.
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The Ribbon in the PowerPoint Online application allows users to quickly find commands to complete at task. True False
Answer:
~Quick access toolbar
~Ribbon
~Quick access toolbar
~Ribbon
Explanation:
i got the answer righ!!!
Effective supervisors understand ________ and adjust their actions accordingly.
Effective supervisors understand various aspects of the workplace including situational conditions, communication strategies, organizational culture, and leadership styles, which they adapt to optimize team performance and alignment with organizational goals.
Effective supervisors understand situational conditions, communication, organizational culture, leadership styles, and the importance of self-evaluation and employee incentives, and adjust their actions accordingly.
They must be adept at providing constructive feedback and creating a positive communication climate, which sustains morale and facilitates the flow of information, both to and from supervisors. In addition, supervisors ought to align with the organizational vision and values, support their team by promoting continual learning and growth, and utilize their moral compass to adapt their leadership style to the demands of different situations.
Supervisors also play a crucial role in monitoring employee performance to align the incentives of employees with those of the organization, which helps to mitigate principal-agent problems. By recognizing the individual needs within their team and managing appropriately, supervisors can achieve a department that operates cohesively and effectively, reflecting the true sense of authentic leadership.
Greg's ice cream produces 1120 gallons of ice cream per day. each employed works seven hours and has productivity of 20 gallons an hour. how many employees does greg's employ?
8 employees work at greg's ice cream. As Greg's ice cream produces 1120 gallons of ice cream per day.
What is productivity?Productivity is a gauge of economic success because it contrasts the quantity of products and services produced with the quantity of inputs needed to produce those goods and services.
Productivity is typically measured in terms of output per worker per hour or production per worker. A manufacturing company may utilize each employee's capacity for producing a specified number or value of finished goods in a certain period of time as a productivity indicator.
Employee productivity, sometimes referred to as workforce productivity, is a measurement of a worker's or a group of workers' effectiveness. Productivity can be determined by looking at the output of a worker over a specific time period.
Thus, it is 8 employees.
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The closer you get to the vehicle you want to pass, the less you can see ahead; this is especially true when passing trucks, trailers, and other large vehicles.
b. before you pull out to pass, check your blind spots and make sure that you have plenty of time and room to pass.
c. do not return to the right side of the road until you can see the tires of the vehicle you passed in your rearview mirror.
d. all of the above
When shopping for their brother, jack and james are presented with a red shirt by the sales person. while jack likes the shirt, jaymes dislikes the shirt. in this scenario, even though the color of the shirt is the same, jack and james disagree because of differences in their _____ of the shirt?
Jack and James disagree over a red shirt due to differences in their perceptions, which are influenced by their unique biases, preferences, and experiences. These differences highlight the subjectivity of personal taste and the complexity of individual likes and dislikes.
When shopping for their brother, Jack and James are presented with a red shirt by the salesperson. While Jack likes the shirt, James dislikes the shirt. In this scenario, even though the color of the shirt is the same, Jack and James disagree because of differences in their perceptions of the shirt. Perceptions can be influenced by many factors, including individual biases, preferences, and past experiences.
Personal preferences are subjective and are shaped by a variety of elements such as cultural influences, personal associations, or even physiological differences, as in the case where color might appear more vivid to younger individuals. These preferences are not necessarily tied to any inherent quality of the shirt itself but are instead a reflection of the individuals' tastes and experiences. What might be a vibrant, attractive shirt to one person could be perceived as too bold or unappealing to another, highlighting the role of subjectivity in personal taste.
Of the following occupations, which is predicted to have the greatest job growth?
A. Web designer
B. Network architect/engineer
C. Computer programmer
D. Database administrator
The answer is: A. Web designer
If we observe the trend in sales, the number of sales made through online purchase is keep increasing between 2002-2018 and the number shows no sign of slowing down.
Because of this, web designer is predicted to have greatest job growth since it's very needed to customize website so it can look more engaging for online buyers.
The transfer of live transactions in real time to an off-site facility is called
Which describes a situation in which a shortage occurs?
Question 3 options:
Consumers want more video-game systems than the company can make.
There is inefficiency in the productive process used to make cell phones.
A computer company tries to charge too high a price for a new laptop computer.
A clothing store puts sweaters on sale to get rid of them before the end of winter.
The correct answer is A. Consumers want more video-game systems than the company can make.
Explanation:
In the economy and related fields, a shortage occurs if the supply (units of a product available) is lower than the demand (consumers that want the product); this implies, the quantity of a product is not enough, and therefore just some consumers will be able to buy the product even if all want this product and can pay for it.
This situation occurs in "Consumers want more video-game systems than the company can make" because in this case, the number of consumers (demand) is higher than the number of video-game systems (supply) and therefore not all the possible consumers can have this product.
A _____ deficit results when a country buys more products from other countries than it exports to them
The g.i. bill was created because government officials worried that huge numbers of veterans without _____________ would be a strain on the economy.
I believe the answer is: jobs or homes
The G.I Bill was really important because Huge amount of veterans without jobs or homes could create two negative impacts for the society:
- In create massive unemployment which require huge amount of government welfares to sustain
- It made the job as millitary personnel become undesirable due to the indication that the government wouldn't take care of them