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Sphinxa [80]
2 years ago
12

Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money

held in savings accounts increases, in financial markets Group of answer choices both supply and demand are increasing. the supply of savings decreases. the demand for savings increases. the supply of savings increases.
Business
1 answer:
postnew [5]2 years ago
3 0

Answer:

The supply of savings increases.

Explanation:

We know that the supply of loanable funds is dependent upon the amount of deposits in the savings account. Supply curve of loanable funds represents the direct relationship between the quantity supplied and the interest rate. It is a upward sloping curve which indicates that an increase in the interest rate will lead to increase the quantity supply of loanable funds.

There is a change in the supply of loanable funds if there is any change in the savings behavior of the customers. If the savings of the customers increases then as a result the supply of savings also increases.

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Oxidants such as hydrogen peroxide have the ability to release?
GrogVix [38]

Oxidants such as hydrogen peroxide have the ability to release, oxygen.

Hope this helps!!


8 0
2 years ago
True or False: Diminishing returns will occur when investing in the same TQM Initiative round after round. A. True B. False 2. T
kirill115 [55]

Answer:

  1. True
  2. True
  3. True
  4. True
  5. Capstone courier

Explanation:

7 0
2 years ago
Fluegge Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing
Softa [21]

Answer:

$14,016 favorable

Explanation:

The computation of the raw materials price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 23,360 liters × ($5.40 - $4.80)

= 23,360 liters × $0.6

= $14,016 favorable

We simply deduct the actual price from the standard price and then multiplied it by the actual quantity so that actual value can come

8 0
2 years ago
As a result of the organizing campaign at Champlain Products, the union obtained signed authorization cards from 41% of the empl
xz_007 [3.2K]

Answer:

Please see explanation below.

Explanation:

The next step is to conduct a secret ballot election which will be supervised by National Labor Relations Board (NLRB) as might be required by the employer-Champlain products inorder to obtain voluntary support from the employees that the union wants to represent. The reason being that the management might decided not to recognize the card checks practise on the basis that a union without a secret ballot election is not reliable hence employees that signed the card might have been intimidated or coerced by the union to do so.

Where the management refuses to recognize the card check that was signed by at least 41% of the employees it wants to represent, management would then request for secret ballot election where employees would be able to vote confidentially without coercion or undue influence from the union or co-workers.

5 0
2 years ago
How much would Roderick have after 6 years if he has $500 now and leaves it invested at 5.5% with annual compounding?a. $591.09b
Dimas [21]

Answer:

Roderick will get $689.421 after 6 years

So option (d) is correct

Explanation:

We have given that Roderick invested $500 at a rate for 6 years

So principle amount P = $500

Rate of interest r = 5.5 %

Time n = 6 years

We have to find total amount which Roderick get after 6 years

We know that total amount is given by

A=P(1+\frac{r}{100})^n

So total amount A=500(1+\frac{5.5}{100})^6=$689.421

So Roderick will get $689.421 after 6 years

So option (d) is correct

4 0
2 years ago
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