answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
serg [7]
2 years ago
13

Which example best describes how a bank injects money into the economy? A bank opens a savings account for a customer. A bank ap

proves a mortgage for a customer. A bank buys a company’s rapidly growing stock. A bank buys property in a bustling business district.
Business
2 answers:
USPshnik [31]2 years ago
7 0

Answer:

The correct answer would be option B, A bank approves mortgage for a customer.

Explanation:

Injecting money into the economy means increasing money supply in the economy. It means more money is in the circulation. So when a bank approves a mortgage for a customer, it means bank is releasing money which will be in circulation and becomes a part of the economy. Mortgage is basically the loan or money which a bank or financial institution lends to a person or company on an agreed upon interest rate in exchange of their property with the condition that the bank will sell the property to get its money back if the borrower fails to return the loaned money. So the best example of how a bank can inject money into the economy is to approve the mortgage for a customer.

tester [92]2 years ago
7 0

Answer:

The Correct Answer is B.

Explanation:

A Mortgage is a loan that is provided by a bank lends to a person on an agreed-upon interest rate and which lender has to return to the bank in a particular time otherwise bank will sell its property to get its money back.

The meaning of Injecting money in the economy is circulating more money in the economy. It means more money supply in the economy. Therefore, when Banks approves a mortgage for a customer it means more money supply in the Economy because a bank is supplying money to its customers in the form of loans and this circulation of money becomes the part of the economy.

 

You might be interested in
On January 2, 20X4, West Co. issued 9% bonds in the amount of $500,000, which mature on January 2, 20X24. The bonds were issued
ehidna [41]

Answer:

$470,425

Explanation:

The computation of the amount reported as bond payable is shown below:

<u>Particulars  Interest at 4.5% Interest at 5%  Amortized  UnAmortized  CV</u>

<u>                                                                             discount     discount </u>

Starting value                                                                        $30,500  $469,500    

                                                              ($500,000 - $469,500)  

June 30         $22,500         $23,475                $975        $29,525  $470,425

  ($500,000 × 4.5%)            ($469500 × 5%)

The six months rate would be the half of the rates given in the question

5 0
2 years ago
Punkeytown carries no insurance for possible claims and, as of January 1, 2019 (the start of its fiscal year), Punkeytown had no
Simora [160]

Answer: Will report a liability of $5000 for judgement debt and a claim of $11,000

Explanation:

The liability refers to the obligations of the firm which are certain is going to make payment as compensation.

The $5000 liability, although payment has not been made it's already Incurred by the company under the acural concept.

The claim of $11,000 is only probable and not certain even though amount and time of execution can be estimated, since it's not certain it will only be recorded as a claim in the goverments fund balance sheet.

4 0
2 years ago
Vietnam and Ecuador both produce shrimp and rice. Vietnam can produce 180 thousand pounds of shrimp or 60 thousand pounds of ric
Elden [556K]

Answer:

(a) 3 pounds of shrimp

(b) 5 pounds of shrimp

Explanation:

Opportunity costs refers to the costs or benefits that are foregone to select some other alternative.

Vietnam can produce 180,000 pounds of shrimp or 60,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 180,000 ÷ 60,000

                                                                                  = 3 pounds of shrimp

Ecuador can produce 130,000 pounds of shrimp or 26,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 130,000 ÷ 26,000

                                                                                  = 5 pounds of shrimp

Therefore,

According to the principle of comparative advantage, the Vietnam has a comparative advantage in producing rice because it has a opportunity cost of producing rice than Ecuador.

7 0
2 years ago
Imagine that you calculate the inflation rate of some economy using the CPI. You get that inflation in 2008 was 22.4%, in 2009 w
Free_Kalibri [48]

Answer:

The calculation will be more accurate, because the base year is the oldest.

CPI is calculated as

(P_n / P_base - 1)*100

as:

P_n prices at time n

The mathematical reason why it is better to take the oldest year is that % growth works better

3 0
2 years ago
Describe a problem you face in your everyday life or at work. How might you use hypothesis testing to find a solution or improve
ololo11 [35]

Answer:

The common problem i encounter mostly is the statistical modelling problem.

In this scenario we choose best combination of independent variables for the hypothesis testing. the independent variable shows the significant effect on dependent variable so we keep it in modelling.

My null hypothesis would be that there is no significant effect of independent variable on dependent variable.  for my alternative hypothesis there exist is significant effect of independent variable on dependent variable.

Explanation:

The common problem I face daily is the statistical modelling problem which is the selection of relevant independent variable for prediction modelling.

In this example to select the best combination of independent variables we use hypothesis testing. if the independent variable has significant effect on dependent variable then the independent variable shows the significant effect on dependent variable so we keep it in modelling. In this way the model gets improved.

Since there are always two variables or two categories. hence it has a two sample test.

The Hypothesis can be shown below:

Null hypothesis:

H0: There is no significant effect of independent variable on dependent variable.

Alternative hypothesis:

Ha: There is significant effect of independent variable on dependent variable.

6 0
2 years ago
Other questions:
  • An accounting information system (ais) processes ________ to provide users with ________. data; benefits data; information infor
    5·1 answer
  • After graduating this May, Dale is planning on buying a new Ferrari for $250,000. He decides to finance his new car with a 5 yea
    10·1 answer
  • North Carolina produces sweet potatoes in its rich soil, but does not have the climate to grow oranges well. It is correct to sa
    15·1 answer
  • A higher discount rate applied to a given flow of returns in the future (e.g., $5,000 at the end of 5 years, $10,000 at the end
    12·1 answer
  • A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 18,300 uni
    9·1 answer
  • Angela wants to sell her business. Sadie has expressed an interest in purchasing it, but is worried about whether or not she wil
    5·2 answers
  • Paul has budgeted to pay $80 each month on his credit card which has a $2,818 balance and has an annual finance rate of 15.9%. H
    14·1 answer
  • Vibrant Company had $850,000 of sales in each of Year 1, Year 2, and Year 3, and it purchased merchandise costing $500,000 in ea
    6·1 answer
  • Vargas Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
    10·1 answer
  • True or False: There is a government mandated outline that you must use for a business plan.
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!