In a central planning, the government handles the economy. An economy that is managed by both the state and the free market is known as a mixed economy.
What is the difference between a command market and mixed economy?COMMAND ECONOMY
The public authority chooses which goods and services to appropriate, ensuring equal or fair revenue distribution procedures.The public authority owns land and other resources.In an economy where decisions about what to produce are made by the government, consumers have fewer options.MIXED ECONOMY
Since businesses decide how to distribute their goods and services, revenue appropriation is not comparable.Assets and responsibility belong to individuals or organizations.More products are readily available to consumers.To know more about mixed economy, visit:
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What is the compound interest of 10% for 3 years?
One is added, the yearly interest rate is multiplied by one, the number of compound periods is deducted by one, and one is ultimately multiplied by the first principle amount.
What does "multiply" in math actually mean?
Is it to multiply? In mathematics, multiplying is the same as adding like groups. As we multiply, the number of items in the group grows. A multiplication problem has a product, two factors, and two factors. In the multiplication problem 6 x 9 = 54, the numbers 6 and 9 are the factors and the result, respectively.
Some common synonyms for multiply include augment, enlarge, and increase. All of these expressions allude to "creating or becoming greater," but multiply means to increase in number naturally or repeatedly.
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Brian Center Nursing Care/Austell Inc. Leased five nursing homes from William Foster. The leases expired, and Brian kept possession of the nursing homes while it negotiated a new lease with Foster. No new lease was agreed upon, and Foster leased the homes to another company. Brian would not give up possession, so Foster sued. Brian alleged Foster had promised that the terms of the lease would continue as long as Brian paid the rent and continued to negotiate. Brian claimed it had been injured by relying on this promise, because it had continued to occupy the premises, pay the rent, and negotiate for a new lease. Did promissory estoppel apply to these facts?
Promissory estoppel may apply to these facts if Brian can prove that Foster made a clear and definite promise, that Brian relied on that promise, and that Brian suffered a detriment as a result of that reliance.
Promissory estoppel is a legal doctrine that can be used to enforce a promise made by one party, even if there is no formal contract in place. In this case, if Brian can prove that Foster made a clear and definite promise that the terms of the lease would continue as long as Brian paid the rent and continued to negotiate, and that Brian relied on that promise by continuing to occupy the premises, pay the rent, and negotiate for a new lease, and that Brian suffered a detriment as a result of that reliance, then Brian may be able to use the doctrine of promissory estoppel to enforce the promise made by Foster. However, this would be determined by a court after hearing the evidence and the testimony of the parties involved.
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who makes the final decision on ordering the product backlog?
a. Lead Developer
b. Scrum Master
c. Product Owner
d. Development Team
The Product Owner makes the final decision on ordering the product backlog.
The ultimate say on what further is added to the product backlog belongs to the product owner. Contrary to popular belief, anybody may order products from the product backlog, not just the product owner. The statement is untrue. It should be suggested that the product backlog be ordered by everyone who has a voice in how the project turns out. However, the product owner, who often is the sole person with ultimate authority, is in charge of allocating a backlog item's priority.
A list of all the tasks required to create and release your project is contained in the product backlog. Every team member should be able to comprehend the requirements for developing it thanks to the sufficient level of information in it. The project team or a business often includes product owners (PO) on its roster.
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jones company has the following financial information: 2020 net sales $ 30,000 cost of goods sold 9,000 gross profit 21,000 operating expenses 6,000 operating income 15,000 interest expense 300 income before income taxes 14,700 income tax expense 3,000 net income $ 11,700 what is the profit margin ratio?
Jones Company's profit margin ratio is 39%. This means that for every dollar of sales, the company earns 39 cents in profit. It use the concept of margin to find the value of the profit margin ratio.
The profit margin ratio is a financial metric that measures the profitability of a company by comparing its net income to its net sales. To calculate the profit margin ratio, you divide the net income by the net sales and multiply the result by 100 to express it as a percentage.
To determine the profit margin ratio we can calculate it by this steps:
Net income = $11,700
Net Sales = $30,000
Profit Margin Ratio = (Net Income / Net Sales) x 100 = (11,700 / 30,000) x 100 = 0.39 x 100 = 39%.
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How can the latest technology improve efficiency and performance?
The development of lean and effective operations can benefit greatly from technology. By reducing or eliminating delays and duplications, you can speed up the workflow by automating particular tasks.
What word resembles particular?
In place of particular, words like especial, individual, special, and specific might be used. The word "specific" emphasizes the uniqueness whereas the other phrases all denote "of or belonging to one thing or class" (scrupulous, meticulous, exact, precise). being picky; being particular. Particular, dainty, and fastidious are adjectives that denote significant attention, distinction, and taste in decisions and small details.
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relates to all of the different money decisions you make each day.
Personal finance relates to the various financial decisions you make every day.
What are personal financial decisions?Planning, saving, & spending funds over time with taking into account different financial risks and impending life events is the practice of personal finance. In personal finance, you manage your money to achieve your financial goals over an extended period of time basically, your entire life.
Personal finance, which includes budgeting, insurance, mortgage preparation, savings, and retirement planning, is defined as all financial decisions and actions of a person or household. By understanding these terms, you may manage your money more effectively and prepare for future financial success.
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Why can't a profitable company like Hampton repay its loan on time and why does it need more bank financing? What major developments between November 1978 and August 1979 have contributed to this situation? You should prepare a source and use statement and conduct a ratio analysis to evaluate the firm's performance during this period
Hampton Company is unable to repay its loan on time due to a series of major developments that have occurred between November 1978 and August 1979.
These developments include a sharp decrease in the demand for its products, a sharp increase in production costs, and a decrease in the availability of bank financing.
A source and use statement along with a ratio analysis would be able to provide a better understanding of the firm’s performance during this period.
The source and use statement would allow for the identification of the sources of the firm’s funds and the uses to which the funds have been put, while the ratio analysis would provide an insight into the firm’s financial health and performance. This information would be helpful in assessing the firm’s ability to repay its loan on time.
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One of the ways government can encourage business is to provide___ that is easily exchanged or traded for that of other countries.
One of the ways government can encourage business is to provide currency that is easily exchanged or traded for that of other countries.
In economy and business, Currency generally can be described as a medium of exchange for goods and services. Currency also can be described as money, in the form of paper and coins. Government is the function who has to issued a currency and generally accepted at its face value as a method of payment. If the currency used is easy to exchange in world trade, economic activity will run easily. This is because if currency is difficult to obtain or exchange, then the trading process can be hampered.
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offer that cant be refused in business nyt
Offer that can't be denied, in business should have the following answer: hostiletakeover.
A hostile takeover bid is an attempt to buy a business notwithstanding the board of directors' opposition. Only publicly traded corporations can experience hostile takeovers. A proxy fight, a tender offer, and stock purchases are the three main methods of launching a hostile takeover.
A hostile takeover occurs when one business purchases a target company without the target's management's approval.
Three methods of hostile takeover exist: a direct tender offer to shareholders, a proxy battle, and the purchase of the majority of the shares on the open market.
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as the regional sales manager of a pet food distribution company, anjala implements plans designed by upper management and coordinates the activities of lower-level sales managers. anjala is an example of a manager. multiple choice question. nonsupervisory middle first-line top
Anjala is an example of a middle manager. Here option B is the correct answer.
A middle manager is a level of management that typically falls between first-line managers and top managers. They are responsible for implementing plans and policies designed by top management, and for coordinating and supervising the work of lower-level managers.
They are also responsible for communicating the goals and objectives of the organization to their team and making sure that they are met.
As the regional sales manager, Anjala coordinates the activities of lower-level sales managers, which is a typical responsibility of a middle manager. They are not a first-line manager, who manage the day-to-day activities of front-line employees, and also not a top manager who is responsible for the overall strategy and direction of the organization.
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within the swot framework, which dimensions reflect internal vs. external factors?
The SWOT framework includes four dimensions that represent internal and external factors.
The internal factors are strengths and weaknesses, which refer to the company's internal resources, competencies, and limitations. The external factors are opportunities and threats, which refer to external environmental conditions that are outside of the company's control.
Strengths and weaknesses reflect the internal characteristics of the company and its resources. Strengths are the qualities or characteristics that give the company an advantage in the market and in achieving its objectives, while weaknesses are the limitations that may prevent these objectives from being met.
Examples of strengths include a talented workforce, a strong brand, and financial resources. Examples of weaknesses include high debt levels, outdated technology, and lack of market knowledge.
Opportunities and threats reflect the external factors. Opportunities are external conditions that provide the company with a chance to grow and expand, while threats are external conditions that could have a negative effect on the company.
Examples of opportunities include new markets and technological advancements, while threats include competitors, regulatory changes, and economic downturns.
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What are the 4 main types of economics?
The 4 main types of economies: traditional economies, command economies, mixed economies, and market economies.
What is market ?In economics, a market is a system, institution, process, social relationship, infrastructure through which parties exchange information. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services to buyers in exchange for money.The definition of market usually includes actual and potential sellers, i.e. companies that can quickly change their production processes to provide alternative products when prices are justified.A market is a place where buyers and sellers meet to facilitate the exchange and trade of goods and services. A marketplace can be physical, like a retail store, virtual, like an e-merchant.To learn more about market from the given link :
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after being solicited by an agent of abc brokerage, a customer bought 1,000 shares of xyzz stock (an otc pink open market issue) at $15 per share. the stock rapidly declined to $8 per share, and the customer sold the shares. six months later, the customer received a written offer of rescission from the broker-dealer, stating that the stock had not been registered in the state where the customer lives. which statement is true about the customer accepting the offer?
If a seller makes a buyer a rescission offer, the seller has 30 days to accept it in writing or the offer is null and void.
An offer to cancel a contract in which a securities violation occurred or is suspected to have occurred is known as a rescission offer. If a sponsor has the money to buy back the limit and thinks that it might be liable under securities law because of an offering.
All credit card companies must log in non-exempt assets with the Capital Markets and services act. and Exchange Commission (SEC) in accordance with Section 5 of the timetable and distribution procedure for issuers who sell securities are governed by Section 5.
Contract cancellation. A party may unilaterally rescind a contract when another party has materially breached it, as is the case in this example. Rescission can also be consensual, such as when the parties agree to cancel all outstanding debts.
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Carl Patterson likes investing in stocks that pay dividends. Carl owns 25 shares of a local utility company. The stock pays a regular annual dividend in the amount of $3 per share and the company has indicated that the dividend will stay the same for a long time. If Carl reinvests his dividends each year and the dividends earn a return of 6 percent each year, how much will Carl accumulate in 15 years?
The Carl accumulate $34.66 .
The dividend valuation method can be used to calculate the value of stocks. Based on the dividend paid, its growth rate, and rate of return, a company's stock price is valued using the dividend valuation method. Calculating the present value of a future dividend payment yields the price.
A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
In this question the Dividend payment is $3, growth rate is 6% and required rate of return is 15%.
Formula for Valuation:
Value of Share = Dividend (1 + g) / (Rate of return - Growth rate)
Value of Share = $3.00 (1 + 4%) / (15% - 6%)
Value of Share = $3.00 (1.04) / 9%
Value of Share = $34.66
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Merle has an offer from a credit card issuer for a 0% apr for the first 60 days and a 23. 19% apr afterwards, compounded daily. What effective interest rate is merle being offered?.
The effective interest rate that Merle is being offered is 23.19%. This is because, for the first 60 days, the card issuer is offering a 0% APR (annual percentage rate).
However, after the 60 days, the APR reverts to 23.19%, and is compounded daily. This means that the interest rate is applied to the outstanding balance each day and is then added to the balance, resulting in a higher overall interest rate.
The amount that the lender charges the borrower over and beyond the principal amount is referred to as the interest rate. A person who deposits money in a bank also earns additional income in terms of the recipient, known as interest, taking into account the time value of money.
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in all societies, the government decides what to produce.
In a command economy, assets and organizations are claimed by the public authority. The public authority concludes what labor and products will be delivered and what costs will be charged for them. The public authority concludes what techniques for creation will be utilized.
In a market system, shopper inclination and assets figure out who will get the labor and products created. In unrestricted economies, costs mirror the general accessibility of scant assets, and buyers who have the most cash and longing for an item will follow through on the greatest expenses.
They utilize a creation prospects bend which is a diagram that helps see what customers want more. Typically utilized between two items.
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teddy roosevelt believed that large corporate trusts ___
Teddy Roosevelt believed that large corporate trusts were bad only if they acted as monopolies against the public interest .
What was Roosevelt's view on trust?Theodore Roosevelt cultivated a reputation as a person who broke trust. Political pressure forced him to take action against the trusts. In actuality, TR did not destroy trust. Roosevelt consistently maintained that there was a force greater than even the largest, wealthiest corporate entity.
By filing a case in 1902 that resulted in the dissolution of the Northern Securities Company, a huge railroad conglomerate, he revived the practically extinct Sherman Antitrust Act. Throughout the following seven years, Roosevelt continued his "trust-busting" strategy by filing lawsuits against 43 other significant firms.
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Which of the following is the correct order in which the financial statements should be prepared?a. Income statement, statement of stockholders' equity, balance sheet, statement of cash flowsb. Statement of stockholders' equity, statement of cash flows, income statement, balance sheetc. Balance sheet, income statement, statement of stockholders' equity, statement of cash flowsd. Statement of cash flows, income statement, balance sheet, statement of stockholders' equity
Income statement, retained earnings statement, balance sheet, and statement of cash flows is the correct order for the financial statements to be prepared.
The business operations and financial performance of an organization are described in financial statements, which are written records. Government organizations, accounting firms, and other entities frequently audit financial accounts to assure their correctness and for reasons related to taxes, financing, or investment.
The income statement, retained earnings statement, balance sheet, and statement of cash flows are the financial statements that must be completed in that sequence. This is because the retained earnings statement, the balance sheet, and the statement of cash flows all require the inputs of net income (from the income statement), ending retained earnings (from the retained earnings statement), and the ending cash balance (from the balance sheet).
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What countries have a traditional economy?
Traditional economies are mostly found in less-developed countries. Nepal, Ethiopia, Kenya, Afghanistan, Zimbabwe, and parts of the Amazon Rainforest in South America are examples of traditional economies.
What does traditional economy mean?
A traditional economy is an economic system in which economic decisions and the allocation of goods and services are based on custom and tradition. This type of economy is also known as a subsistence economy, as the basic needs of the population are met through subsistence farming, hunting, and gathering. Traditional economies rely heavily on the use of barter and trade. Traditional economies are found in small, rural communities in less-developed countries, and produce only enough goods and services to meet the needs of the local population. Decisions about production and distribution are typically made by a central authority, such as a tribal chief or village elders. These decisions are often based on long-standing customs and beliefs.
What does Trade mean?
Trade is the exchange of goods and services from one person or group to another for money, barter, or other goods and services. It is a core concept of economics and is a major part of international relations and the global economy.
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What type of data is used in economics?
Economists use a variety of data types in their analysis, including: Quantitative data, Qualitative data, Time-series data, Cross-sectional data, Experimental data.
What data sources are used by economists?Economists also use a variety of data sources, including government statistics, surveys, and reports, and data from international organizations such as the World Bank, the International Monetary Fund and the United Nations.
Quantitative data: This type of data is numerical and can be quantified, such as GDP, inflation, unemployment rate, and consumer price index.
Qualitative data: This type of data is non-numerical and is used to describe characteristics, such as consumer preferences, opinions, and attitudes.
Time-series data: This type of data is collected over a period of time, such as GDP growth rates or stock prices.
Cross-sectional data: This type of data is collected at a specific point in time and compares different groups, such as the income levels of different age groups.
Experimental data: This type of data is collected through controlled experiments, such as randomized controlled trials.
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an investment adviser prepares a 4-color glossy brochure to be given to potential customers instead of the adv form part 2a. the brochure includes all of the information found in the adv part 2a, but is much livelier in its presentation. an investment adviser representative uses the brochure to solicit a new client, who signs a contract with the firm that includes a clause giving the customer 2 business days to back out of the contract without incurring any penalty. which statement is true?
Option c.) if there is an agreement in writing between the solicitor and the adviser is the correct answer as, if an investment advisor wants to use an attorney to market its advisory services, and the investment advisor is creating her four-color glossy brochures for distribution and also an investment adviser prepares a 4-color glossy brochure instead of advertising form part.
There is a written agreement between the attorney and the investment advisor. Attorneys undertake to make available to clients the investment adviser's "brochure" in accordance with the "Brochure Regulations". Attorneys undertake to provide their own "booklet" explaining the nature of the attorney-attorney relationship and the fact that the attorney will pay the attorney. This may result in higher costs for the customer.
Finally, the advisor must obtain written confirmation from the client that both prospectuses have been received.
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What are affirmative action programs examples?
Affirmative action is required for covered employers to hire and promote eligible minorities, women, people with disabilities, and covered veterans for federal contractors and subcontractors. Training initiatives, outreach campaigns, and other constructive measure are examples of affirmative action.
What is mean by disabilities?
a mental, cognitive, physical, or developmental disorder that hinders, interferes with, or places restrictions on a person's capacity to carry out specific tasks or actions or take part in regular daily activities and interactions. Common Impairments Hyperactive Attention Deficit Disorder (ADHD) learning disorders. mobility problems. Medical Conditions. Psychiatric Conditions. Post-Traumatic Stress Disorder (PTSD) and Traumatic Brain Injury (TBI) (PTSD) Impaired vision. Hearing Impaired and Deaf
Disabilities come in a wide variety of forms, including those that are mental, physical, sensory, and intellectual.
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on its december 31, 2019, balance sheet, estes co. reported its investment in trading securities, which had cost $475,000, at fair value of $525,000. at december 31, 2020, the fair value of the securities was $507,500. what should estes report on its 2020 income statement as a result of the decrease in fair value of the investments in 2020?
The income statement of Estes Co. in 2020 should record the decrease in fair value of the investment as unrealized loss of $17,500.
Trading securities should be recorded on an income statement at the time of sale or buy. Any gains or losses attributed to the trading securities would be recorded only at the time of sale. However, any changes on fair value of an investment should be recorded as an unrealied gain or loss, depends on the change of the fair value.
Based on the case, we know that:
Investment cost = $475,000
Fair value 2019 = $525,000
Fair value 2020 = $507,500
We know that, on 2019 Estes Co. invested in trading securities at cost of $475,000 for the fair value of $525,000. From this activity, Estes could record realized gain of $50,000 because of lower purchasing price of an investment than its fair value.
However in 2020, the securities' fair value drops to $505,700. Hence Estes should record this decrease as unrealized loss of $17,500. Estes should record this decrease as unrealized loss since the loss will only be experienced by Estes if Estes decide to sell the securities at its fair value.
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What command word means?
In sentences, command words are used to give instructions or to order a specific action.
The words and phrases used in exams and other assessment tasks are known as command words. Inform pupils of the appropriate response to the query. Even though the subject, many of the "command" words used in exam questions are the same across all subjects and call for a comparable response.
They are sometimes known as imperative verbs, although a subject is not necessarily necessary. The first part of a directive is frequently an imperative verb or a temporal connective. Sometimes a command word can stand alone, like "Stop!".
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managerial accounting differs from financial accounting in several areas. specify whether each of the following characteristics relates to managerial accounting or financial accounting. ?
Managerial accounting and financial accounting are both important for the proper functioning and management of a business, but they serve different purposes and have distinct characteristics.
Managerial accounting is focused on providing information to internal managers and decision-makers to help them plan, control, and make decisions for the organization.
Reports are primarily used by internal managers and decision-makers, with an emphasis on forecasting and planning. It deals with non-financial information, such as production and inventory levels. Financial accounting, on the other hand, provides information for external stakeholders, such as investors and creditors.
It follows Generally Accepted Accounting Principles (GAAP) and is focused on providing an accurate picture of the company's financial performance and health. In summary, Managerial Accounting is internal and forward-looking, while Financial Accounting is external and historical.
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What is competition in a free enterprise system?
In a free market, buyers and sellers are in competition. While sellers want to sell items for higher prices, buyers try to buy goods on more favourable terms or for less money. In cases where these two parties concur to cooperate, market equilibrium is reached.
Because it enables people to specialize in their areas of expertise and trade for the rest, free enterprise works. Free enterprise is fueled by competition, which boosts productivity and brings down costs for consumers. Free market ideologies promote a greater quality of living in nations.In an entirely free market, supply and demand are the sole factors used by buyers and sellers to determine prices.
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a firm is considering a number of investment projects with different rates of return. project a would cost $10,000 and earn a rate of return of 5 percent; project b would cost $8,000 and earn 3 percent; and project c would cost $6,000 and earns 7 percent. if the real interest rate were to decrease from 6 percent to 2 percent during the firm's planning stage, then its planned investment would increase from:
In the situation given above, it can be ascertained that the amount of planned investment of the firm would increase from $28,000 if the interest rate were to decrease from 6 percent to 2 percent.
The amount of investment in any project is done by a firm with a view of earning higher levels of returns. Moreover, a firm always looks to maximize its returns through the investments that it makes. When there is a decrease in the interest rates prevailing in the market, then the investments that a firm plans also increases.
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john is a prospective entrepreneur who has just presented his business plan to a venture capitalist, enthusiastically pointing out the unique features of a new invention he is promoting. the most likely question in the venture capitalist's mind is:
The most likely question in the venture capitalist's mind is whether the new invention can generate enough revenue to justify the investment.
The most likely question in the venture capitalist's mind is whether the new invention can generate enough revenue to justify the investment. The venture capitalist will be assessing the potential of the new invention to generate a return on investment. The venture capitalist will be assessing the market potential for the invention, and the ability of the entrepreneur to execute the business plan and bring the invention to market. They will also be looking at the competitive landscape, and whether the invention has a competitive advantage over existing products or services. In addition, they will be looking at the financial projections, including the expected revenues and profits, and the potential for growth. The venture capitalist will also be assessing the team behind the project, and the experience and expertise of the entrepreneur and the management team. Overall, the venture capitalist's main focus will be on the financial viability of the business, and the potential for the invention to generate enough revenue to justify the investment.
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Where do banks get money to loan borrowers?
By directly borrowing money from the money and capital markets, banks can supplement their existing funding sources of traditional deposits.
Where do banks get money to lend borrowers?Banks obtain savings from individuals and companies and use these resources to issue loans to others who need money. The interest that banks must pay on the savings they receive from savers is one of their largest funding costs.
Lending surplus reserves to customers and businesses allows banks to generate new money. As a result, as money is deposited and lent again, more money is ultimately added to the amount of money in circulation. Actually, the Fed does not print money. This is handled by the Treasury Department's Bureau of Manufacturing and Printing.
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you have a used cd store. at an estate sale, you can purchase 230 compact discs for $356.5. you believe you could sell the cds for an average of $3.05 each. what is the net benefit of buying the cds at the estate sale and selling them in your store?
At a nearby discount retailer, a brand-new CD player is on sale for $212. Kyle acquired six CDs.
Given that a nearby bargain retailer is now selling a brand-new CD player for $212 on clearance.
Each brand-new CD is on sale for $12 in the store where this promotion is taking place.
For $284, Kyle buys a player and a few CDs.
Let x be the number of CDs.
Total is equal to the sum of the CD player and CD purchases.
284 is 212 plus the quantity of CDs multiplied by 1.
284 = 212 + x ⅹ 12
12x = 284 – 212
12x = 72 = 6
Kyle as a result bought 6 CDs.
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