What is a bank savings account?I do not understand what a bank savings account is. I would appreciate it if someone could explain to me in detail what a bank savings account is. Also, what can the money in your bank savings account be used for? Do you get a card to put in and take money out of your bank savings account? What do most parents use their child's bank savings account for?
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Related Questions
Empty phrases in business communication tend to do which two of the following: a) Improve clarity and understanding. b) Enhance professionalism. c) Confuse the recipient. d) Waste time and space.
1. The common stock of Textile Mills pays an annual dividend of $1.65 a share. The company has promised to maintain a constant dividend even though economic times are tough. How much are you willing to pay for one share of this stock if you want to earn a 12 percent annual return
Suppose that the economy is suffering from a recession (or type of economic downturn). Businesses are closing, and people are losing their jobs. In 1 or 2 sentences, list two fiscal policy actions that could help the economy to recover faster.
In order to perform management functions, a manager must possess the ability to think in abstract terms in order to see the "big picture." This skill is known as a(n):
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Answer:
Developing research plan
Explanation:
This is the stage where you plan all you're set to achieve in the study. You itemize likely constraints you're to face in the field and how to tackle them, how you intend to collect your data, your intended respondents and everything needed to make the research process a success.
Final answer:
The research design stage in the marketing research approach includes determining the constraints on activity, necessary data, and data collection methods.
Explanation:
The constraints on the activity, the data needed for decisions, and how to collect data are all determined in the research design step of the marketing research approach. This stage involves planning how the research is going to be conducted. During this phase, researchers identify the type of data needed, how it would be collected, and the parameters within which the study would be executed (constraints). For instance, if a company is looking to understand consumer behavior toward a new product, it might decide to use surveys, interviews, or observational studies as collection methods and seek data on purchasing habits, consumer opinions, and demographic information. This plan provides a framework for the study, ensuring the collected data effectively addresses the research question.
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2: rescind it.
3: order the parties to renegotiate it.
4: not enforce it.
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Answer:
4: not enforce it.
Explanation:
It may be stated that the court does not exercise this additional agreement in this particular case based on the information provided in the question. This is due to the fact that it is not directly clear for payment. Because they make extra payments for the Genovey contract, they try to overcome the odds, and if these limitations are beyond their control they cannot do so.
c. increases liquidity.
b. reduces risk.
d. increases marketability. Please select the best answer from the choices provided User: An example of an investment account in which contributions can remain tax free over a period of time is a(n)
a. IRA account.
c. savings account.
b. mutual fund account.
d. municipal bond.
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Investing in several types of securities reduces risk. The answer is letter B.
An example of an investment account in which contributions can remain tax free over a period of time is a savings account. The answer is letter C.
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Answer:
process cost for 1000 rebate = $100
Explanation:
given data
rebates = 420,000
costs labor = $28,000
overhead = $14,000
to find out
cost to process 1,000 rebates
solution
first we get here total cost process that is express as
total cost process = costs labor + overhead .............1
total cost process = $28000 + 14000
total cost process = $42000
and process cost per rebate will be here as
process cost per rebate =
process cost per rebate = 0.10
so process cost for 1000 rebate will be as
process cost for 1000 rebate = 0.10 × 1000
process cost for 1000 rebate = $100
B. inflation offers no offsetting gains in terms of higher unemployment
C. more emphasis on economic growth and how labor markets work
D. shifts in unemployment primary determine changes in the price level
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Answer & Explanation:
A. inflation is a price that might have to be paid to achieve lower unemployment
Final answer:
The Keynesian perspective of macroeconomics supports the concept that inflation is a price that might have to be paid to achieve lower unemployment. This perspective places a high emphasis on government intervention and fiscal policies to stabilize the economy.
Explanation:
The Keynesian perspective of macroeconomics is built on the concept that aggregate demand is the primary driving force in an economy. From this viewpoint, the government plays a key role in stabilizing the economy by influencing aggregate demand through fiscal policy measures, such as government spending and tax policies.
Looking at the options, the statement that most aligns with the Keynesian perspective is 'A. Inflation is a price that might have to be paid to achieve lower unemployment'. This is based on the Keynesian view that during periods of economic recession when unemployment is high, it may be necessary for the government to stimulate the economy, even if it risks causing inflation.
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b. warehousing.
c. mortgage pipeline.
d. loan servicing.
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Answer:
The correct answer is b. warehousing.
Explanation:
The Warehouse concept within the scope of structured finance is, according to its own name, the storage of a set of assets with the purpose of securitizing them later. The Warehouse has been a technique widely used in the years prior to the start of the so-called 'subprime crisis'. The Warehouse allows the originator of the assets a 'bridge' financing between the granting of loans (or other type of assets) to the debtors and the wholesale financing in the capital markets.
In a simplified way, the usual process of a Warehouse is as follows: first, the lender grants a financing line to a vehicle (Special Purpose Vehicle) specially designed for this purpose, and this in turn, grants the funds to the final lender and originator of the assets. Subsequently, as the originator grants new assets (for example, loans), they are transferred to the vehicle. It is the so-called ramp-up phase of the Warehouse. Finally, once the volume of assets reaches a certain size, the Warehouse line is refinanced. Normally, refinancing is done through securitization bond issues.