Which of the following savings vehicles usually requires a high minimum balance?
a) simple savings account
b) Certificate of Deposit (CD)
c) Checking account
d) all of the above
The savings vehicle that usually requires a high minimum balance is b) Certificate of Deposit (CD), where money is deposited for a set period for a higher interest rate.
Explanation:The correct answer to the question is b) Certificate of Deposit (CD). A Certificate of Deposit is a savings vehicle that requires a saver to deposit a certain amount of money, typically in the thousands of dollars, and leave it in the bank for a specified period which can range from a few months to several years. In return for this commitment, the bank offers a higher interest rate than that of a regular savings account. CDs usually require a high minimum balance compared to other options like simple savings accounts or checking accounts, which may offer more flexibility but lower interest rates.
Checking accounts, while providing easy access to funds through checks or debit cards, typically have lower minimum balance requirements and pay little to no interest. Simple savings accounts may vary regarding their minimum balance requirements but seldom require the same high levels as CDs.
What portion of discretionary spending is typically spent on defense?
about half
about two thirds
about one fourth
about one third
Answer:
about half
Explanation:
in 2015, military spending accounted for 54 percent of all federal discretionary spending
Voluntary exchanges happen when both parties expect to _____.
gain
lose
barter
If a drug company is granted a patent on a new medication, which result is possible?
A) a price ceiling
B) government control of that drug
C) a monopoly in the production of that medication
D) perfect competition in the market for that drug
C, is the correct answer
Bridget has opened a new clothing boutique. When would you say that the clothes she sells are in demand?
a.if buyers have the ability and desire to buy the clothes
b.if Bridget has the ability and desire to buy the clothes
c.if Bridget has the ability and desire to sell the clothes
Answer:
A.
if buyers have the ability and desire to buy the clothes
Explanation:
It is less important to account for factors like warranties and durability when purchasing a
A. durable good
B. long-term product
C. nondurable good
D. very expensive item
It is a nondurable good. As this would not have warranties and durability.
Money that your company has in the bank in case of unexpected financial needs or in case sales slow down is called
Answer: cash reserve
Explanation:
Edge utility
Which of the following actions would likely raise automobile insurance premiums?
Maintaining a safe driving record
Never being involved in a collision
Receiving multiple speeding tickets
Taking a comprehensive safe driving class
Answer:
Receiving multiple speeding tickets
Explanation:
The action that would likely raise the automobile insurance premiums is receiving multiple speeding tickets because this indicates the insurance company that this person has a high risk of accidents because of the way that drives and with the higher risk, the insurance premium will increase.
The other options: maintaining a safe driving record , never being involved in a collision and taking a comprehensive safe driving class don't increase the risk of being involve in an accident so the insurance company they won't raise the premium.
Drew is considering purchasing a new vehicle. What are three things he should review closely on the contract
List at least four investment alternatives.
Answer:
1. Private Equity
2. Commodities
3. Structured Products
4. Collectibles
Explanation:
I got it right on Odyssey : )
The standard way to say a word is called ________________.
Which statement is false?
A monopoly sells lower-quality products at higher prices than in a perfect competition.
Natural monopolies are necessary to avoid wasteful duplication of resources.
Collusion is legal in the United States, but cartels are not.
The start-up costs in a monopolistically competitive industry are low.
Homogeneous products leave consumers with no choice.
The correct answer is C. Collusion is legal in the United States, but cartels are not.
Both collusions and cartels are illegal in the United States
TRUE or FALSE. A treasury bill must be 13 weeks.
_____ is used to measure the standard of living, or quality of life.
GDP per capita
Population
Gross National Product (GNP)
this is incorrect the right answer is GDP per capita
Answer:
GDP per capita
Explanation:
steve and his brother used to work at the same organization. a few months ago their employer terminated them because the business had slowed due to slow economic growth in the country. a couple of months later, steve found out that many of his friends are also unemployed. the government stated that gdp had fallen for two consecutive quarters. steve’s country is experiencing which economic phase?
A.) Inflation
B.) depression
C.) Deflation
D.) recession
The answer is D, recession
Answer:
D.) recession
Explanation:
A recession is a state in which there is a negative down turn in an economic growth causing the GDP growth to reduce drastically.If a country's economy is facing recession, business sales and revenues would decrease thus causing lot of businesses to stop expanding. This would latter lead to retrenchment of staff and cause an inccrease in percentage unemployment rate.
Mary Martin earns a gross salary of $2,000 per month. State unemployment insurance of $90 is withheld from each of her monthly checks. What percent of gross earnings is state unemployment insurance?
in a contract what is a consideration?
a.business tort
b. breaching the contract
c. exchanging things of value
d. the minimum age for the contract
Exchanging things of value
Answer: A for edgeunity
Explanation:
Beacause the perosn below me is awesome Brianliest would be appreciated !:)
which of the following is NOT a step you should take to work with electrical portable tools safely? a. never carry a tool by the cord b. turn on energy sources and lock switcg gear in the ON position c. use alll equipment according to the manufacturers instructions d. use only approved equipment
Standards of performance, or "performance goals" are used to?
A. Communicate nonverbally
B. Determine a worker's attitude
C. Measure effectiveness but not efficiency
D. Measure Productivity
Why is self-representation important in the corporate world?
a. It determines the kind of interaction you have with your coworkers.
b. It determines the percentage of salary increases during appraisals.
c. It shows that you are an honest person with strong work ethics.
d. It shows your self-management abilities.
e. It helps you avoid conflicts
The correct answer is A. It determines the kind of interaction you have with your coworkers.
Explanation:
The term "self-representation" refers to ideas, beliefs, and conceptions people have about themselves, and the way these shape the image they show to others. Besides this, self-representation shapes attitudes, behaviors and interactions with others, for example, if you consider yourself as superior to others, it is likely you are arrogant, and as a result of this, you will have a negative interaction with other people. This is especially relevant in the corporate world as this can affects professional relationships. According to this, self-representation is important because "It determines the kind of interaction you have with your coworkers".
Answer:
A. It determines the kind of interaction you have with your coworkers.
Explanation:
For all Plato users
The amount of money in the economy is called the _____.
Answer:
Money supply
Explanation:
it is trust
What is the main advantage of using a credit card?
Carlos is looking to open an account at a bank, but wants to avoid as many fees as possible. Which would NOT help minimize fees paid to a bank?
Checking with the bank to know what fees it has so he can avoid them.
Only using his bank's ATMs to avoid ATM fees.
Avoiding the use of a check register.
Comparing various banks' fees and services.
Answer: c for plato
Explanation:
The main purpose of the company known as Credit Mobilier was to
a. Build the transcontinental railroad
b. Obtain political positions for its shareholders
c. Obtain a monopoly of the railroad industry
d. Filter money from inflated construction back to the company shareholders
While reading difficult content, you should always start with
a.
Surveying the chapter
c.
Reading the chapter
b.
Defining vocabulary words
d.
None of these
Please select the best answer from the choices provided
A
B
C
D
Answer:
a.Surveying the chapter
Explanation:
Surveying the content can help you identify and have a better context on what the chapter and the document in general will tell you, this can help you better understand what you are going to be reviewing and reader and give you an easier look at what you are about to read.
What do you call the materials that help you achieve your goals?
The materials that help you achieve your goals are referred to as Resources .Example of resources include knowledge, capital, connections...All of these can help you achieve you goal, business goal for example. If you have capital (financials) you can start your business, if you have knowledge you can work towards achieving your ideas and goals. Connections (social) are also very important.
Individuals have to choose whether to save or invest since it is not recommended to do both
True or false?
Explain the difference between at least four different post-secondary options, and provide an example of one possible career choice that exists within each option.
A budget is _____.
Select the best answer from the choices provided.
A).a comprehensive plan of how one manages their money
B).a comprehensive plan which brings one into unmanageable debt
C).income
D).expenses
Some states have enacted balanced budget amendments that prohibit annual spending from exceeding annual revenues. Please select the best answer from the choices provided T F Some states have enacted balanced budget amendments that prohibit annual spending from exceeding annual revenues. Answer is True. [ ]