Answer:
The correct answer is the option A: Services and payments.
Explanation:
The Circular Flow of Income is a graphic model of the economy in which the most important exchanges are represented by money, goods and services between economic agents. Those agents commonly are the househols, the firms, the government, the financial market and the oversas sector, that is in a five sector model.
In addition, there are five different types of models for the circular flow of income. In a three type model, one in which the sectors are the households, the firms and the government, the flows from households and firms to government are in the form of taxes, then the income that the government receives from the other sectors flows back to them in the form of purchases, subsidies and transfers of goods and services.
Answer:
In the circular flow of the US economy, the government provides services and payments to households.
Explanation:
No, because the interest charged by her credit card will be less than the interest charged by the payday lender.
Yes, because payday loans do not charge extra fees or interest to extend a loan.
Yes, because the interest charged by the payday lender is less than the interest rate of her credit card.
Answer:
vehicle option source effect
Explanation:
Vehicle option source effect -
In this case , advertising about any good or commodity by using different platforms like online , offline , television , radio etc. , may tend to impact the mind of the consumer differently , which may hamper or confuse their decision to purchase the product . This practice is known as vehicle option source effect .
Hence , selecting the correct and proper method to advertise is very important to the sale of the goods and services .
The correct answer would be :
The Four C's Of Lending
Correct/Complete Question:
Companies such as Edison Nation and the Big Idea Group have sprung up to tap into ________ possibilities, often combining its own design, branding, engineering, and sales teams with online participants, forming a community for devising new products.
A) stage-gating
B) cocreation
C) microstocking
D) buzzing
E) crowdsourcing
Answer:
E, crowdsourcing
Explanation:
Crowdsourcing is a way of sourcing for ideas, design, etc; used by individuals or corporations by using a an open and vast group of internet users.
In crowdsourcing, work is divided between the participants to ensure that time is managed as well as simultaneous aspects of a product are handles at once.
By the time the consultation period is over, the individual or corporation has all the pros and cons of a product worked out and put together.
Crowdsourcing is done by creating idea competitions or innovation contests. This gives a company a wider range of thoughts or exposition to things than the employees of the company might be able to handle or produce. Crowdsourcing is used by companies that are non profit to create common goods.
I hope this helps.
B Balance transfer fee
C Annual membership fee
D Reload fee
The correct option is D.
Reload fee is not charged by the credit card companies.
Further Explanation:
Credit card:
Generally, Credit card is issued by financial institutes such as banks. Credit card is a plastic card that allows the cardholders to borrow the funds from the respective bank and then spend the funds as per their requirements. A credit card can be used for the purchase of goods and services. Generally, credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the borrowed amount along with the interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.
Reload fee:
Reload fee is charged on the prepaid cards (debit cards). When the balance in the account comes to a minimum level, the accountholder requests the banker to refill his debit card. Bank refills the debit card by charging a small fee. That fee is called reload fee.
Therefore, reload fee is not charged on the credit card. It is charged on the debit card.
Learn more:
1. Learn more about the credit card utilization
2. Learn more about maintaining the high credit score
3. Learn more about various approaches to increase the credit score
Answer details
Grade : Senior School
Subject : Business Studies
Chapter : Money and Banking
Keywords: fees, typically, charged, credit card, companies, except, late payment fee, balance transfer fee, annual membership fee, reload fee.