BUSINESS HIGH SCHOOL

Regal Financial Institution specializes in home loans. What type of financial institution is it?

Answers

Answer 1
Answer:

The type of financial institution is Home-Equity Lines. Home-Equity Lines of Credit. Works like a credit card. A certain spending limit is pre – approved to the borrowers and can withdraw money when they need via the credit card. 

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A teenage driver crashes her parents' minivan into an office building, causing $85,000 in damage to the building. The automobile liability insurance limits are 100/250/75. How will the damages be allocated between the driver and the insurance company?
Positive qualities and character traits that determine how you act and perform your job refer to A. professionalism. B. approachability. C. ethical behavior. D. skills.
As the aggregate price level rises, aggregate demand ____________ resulting in a __________ to total output, or the real GDP. A. falls/increase B. rises/increase C. rises/decrease D. falls/decrease

Which of these statements is most accurate regarding mortgage payments through the life of your loan?a. at the beginning of your loan, your payments are covering mostly interest. at the end of your loan, your payments are covering mostly principal.
b. the amount for your mortgage payments will decline over the life of your loan.
c. the amount of interest paid per mortgage payment will remain the same over the life of your loan.
d. the amount of prin?

Answers

The correct answer is A.

Answer:

(a). At the beginning of your loan, your payments are covering mostly interest. At the end of your loan, your payments are covering mostly principal.

Which of these taxes is paid by the consumer when a product is purchased?

Answers

Bills with package. sales into market after consumer purchase the product

Trimble Graphic Design receives $1,800 from a client billed in a previous month for services provided. Which of the following general journal entries will Trimble Graphic Design make to record this transaction?

Answers

Answer:

Explanation:

The journal entry is presented below:

Cash A/c Dr $1,800

   To Accounts receivable A/c $1,800

(Being the cash is received)

Since the cash is received so we debited the cash account and there is a decrease in account receivable so this account should be credited. Both the accounts are recorded at $1,800 each.

Why is a bank a safe place to put money? A0The government holds banks accountable for lost funds.
B)The Federal Deposit Insurance Corporation (FDIC) insures depositors' money. C)Investments from shareholders ensure that banks remain financially sound. D)Banks are backed by the "full faith and credit" of the Federal Reserve.

Answers

the reason why a bank is a safe place to put money is because :
B. The Federal Deposit insurance Corporation (FDIC) insure depositors' money
With this, we don't have to worry if our money will somehow lost or got stolen like traditional saving method

hope this helps

The first federal retirement benefits were give to veterans ofA. World War I.
B. the Spanish American War.
C. the Mexican War.
D. the Civil War.

Answers

It's A. World War I
The United States has the most comprehensive system of assistance for Veterans of any nation in the world, with roots that can be traced back to 1636, when the Pilgrims of Plymouth Colony were at war with the Pequot Indians. The Pilgrims passed a law that stated that disabled soldiers would be supported by the colony.

Later, the Continental Congress of 1776 encouraged enlistments during the Revolutionary War, providing pensions to disabled soldiers. In the early days of the Republic, individual states and communities provided direct medical and hospital care to Veterans. In 1811, the federal government authorized the first domiciliary and medical facility for Veterans. Also in the 19th century, the nation's Veterans assistance program was expanded to include benefits and pensions not only for Veterans, but for their widows and dependents.

Following the Civil War, many state Veterans homes were established. Since domiciliary care was available at all state Veterans homes, incidental medical and hospital treatment was provided for all injuries and diseases, whether or not of service origin. Indigent and disabled Veterans of the Civil War, Indian Wars, Spanish-American War, and Mexican Border period, as well as the discharged regular members of the Armed Forces, received care at these homes.

As the U.S. entered World War I in 1917, Congress established a new system of Veterans benefits, including programs for disability compensation, insurance for service personnel and Veterans, and vocational rehabilitation for the disabled. By the 1920s, three different federal agencies administered the various benefits: the Veterans Bureau, the Bureau of Pensions of the Interior Department, and the National Home for Disabled Volunteer Soldiers.

The first consolidation of federal Veterans programs took place August 9, 1921, when Congress combined all World War I Veterans programs to create the Veterans Bureau. Public Health Service Veterans’ hospitals were transferred to the bureau, and an ambitious hospital construction program for World War I Veterans commenced.

World War I was the first fully mechanized war, and as a result, soldiers who were exposed to mustard gas, other chemicals and fumes required specialized care after the war. Tuberculosis and neuro-psychiatric hospitals opened to accommodate Veterans with respiratory or mental health problems. A majority of existing VA hospitals and medical centers began as National Home, Public Health Service, or Veterans Bureau hospitals. In 1924, Veterans benefits were liberalized to cover disabilities that were not service-related. In 1928, admission to the National Homes was extended to women, National Guard and militia Veterans.

The second consolidation of federal Veterans programs took place July 21, 1930, when President Herbert Hoover signed Executive Order 5398 and elevated the Veterans Bureau to a federal administration—creating the Veterans Administration—to "consolidate and coordinate Government activities affecting war veterans." At that time, the National Homes and Pension Bureau also joined the VA.

The three component agencies became bureaus within the Veterans Administration. Brig. Gen. Frank T. Hines, who had directed the Veterans Bureau for seven years, was named the first Administrator of Veterans Affairs, a job he held until 1945.

Dr. Charles Griffith, VA’s second Medical Director, came from the Public Health Service and Veterans Bureau. Both he and Hines were the longest serving executives in VA’s history.

Following World War II, there was a vast increase in the Veteran population, and Congress enacted large numbers of new benefits for war Veterans—the most significant of which was the World War II GI Bill, signed into law June 22, 1944. It is said the GI Bill had more impact on the American way of life than any law since the Homestead Act of 1862.

The GI Bill placed VA second to the War and Navy Departments in funding and personnel priorities. Modernizing the VA for a new generation of Veterans was crucial, and replacement of the “Old Guard” World War I leadership became a necessity.

Which feature is characteristic of a market economy?A) Government provides basic goods.

B) Self-interest motivates buyers.

C) People have less economic freedom.

D) People have no property rights

Answers

The answer is B.

The 5 characteristics of a market economy are ability to own private property, freedom of economic choice, motivation by self interest, competition and limited government intervention. A sounds more socialist, as that would imply the government supplies the people with goods such as food, instead of leaving it to private enterprise.

Hope this helps.

Characteristic of a market economy is self-interest motivates buyers.  

Further explanation

A Market economy is an economic system regulated by supply and demand, not the government. Most of the resources, equipment, buildings, goods, and services in a market economy own by individual and private business. Most economic decisions are made by buyers and sellers, not the government.

Characteristics of market economy are:  

  1. Private ownership: Most of the resources, goods, and services are owned by individual or private sectors.  
  2. Freedom of choice and free enterprise: Entrepreneurs have the freedom to get and use their resources. Consumers are free to buy goods and services to fill their need.  
  3. The motive of self-interest: Entrepreneurs try to get the highest profits for their businesses. On the other hand, consumers try to get the greatest benefits from their budgets.
  4. Competition: competition ensures greater quality and lower prices for consumers .
  5. A system of markets and prices  

Another type of economic system is a market economy, traditional economy, and a mixed economic system. Nowadays, many command economies began adding aspects of the market economy, we call it a mixed economic system.

Learn more

The goal of the command economy brainly.com/question/1362251

Characteristic of a command economy brainly.com/question/2065265

The function of the economic system brainly.com/question/12060180

Keywords: command economy, central government, characteristic of a command economy, economic system

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