miry saw two boys swimming across a river she knew had a deep and dangerous channel. she did not warn the boys or try to stop them. if one of the boys had been injured, could miry be sued for negligence No, because Mary had no duty of care to the boys.
The four principles of negligence are what?Responsibility, breach of responsibility, damages, and causation are the four components of negligence.
What is an illustration of negligence?a driver who causes a collision by disregarding a stop sign. a business owner who doesn't post a warning about a wet floor after wiping up a spill. a property owner who neglects to fix decaying steps on a wooden porch before they collapse and hurt guests.
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______________ is the process of taking a creative idea and turning it into a useful product, service, or method of operation.
A. Interpretive thinking
B. Opening a window of opportunity
C. Imagination
D. Creativity
E. Innovation
Answer:
innovation
Explanation:
Innovation is the process of taking a creative idea and turning it into a useful product, service, or method of operation. Thus, option 'E' is the correct option.
What is innovation?The creation of more efficient goods, procedures, services, technology, works of art, or business models, which innovators then make available to consumers, governments, and society as a whole, is a common way that innovation occurs. Innovation and invention are closely related, but they are not the same thing. While some innovations call for a new invention, not all do. Innovation is more likely to involve the practical application of an invention (i.e., new/improved ability) to make a significant impact on a market or society.
When a technical or scientific problem needs to be solved, technological innovation frequently takes the form of an engineering solution. Exnovation is the reverse of innovation. Innovation generally differs from creativity in that it places more emphasis on the application of creative ideas in an economic context.
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Supply & Demand: PLEASE HELP!!! :)
1. Define the law of demand. Define the law of supply. Describe these terms in your own words and make sure to include an explanation of the relationship between price and quantity.
2. When prices change, how is that reflected on a given supply or demand curve? For instance, if the price of a particular chocolate bar increases, will demand or quantity demanded change? Explain.
3. List the determinants of demand name three.
4. List the determinants of supply name three.
5. Define market equilibrium and explain how it is determined.
1. The law of demand states that, all else being equal, as the price of a good or service increases, the quantity demanded for that good or service will decrease, and vice versa.
2. When prices change, it is reflected as a movement along the given supply or demand curve.
3. a) Price of the good or service
b) Income of consumers
c) Consumer preferences and tastes
4. a) Price of inputs
b) Technology and productivity
c) Government regulations and taxes
5. Market equilibrium refers to the point where the quantity demanded by consumers matches the quantity supplied by producers at a particular price.
1. The law of demand states that, all else being equal, as the price of a good or service increases, the quantity demanded for that good or service will decrease, and vice versa. In other words, there is an inverse relationship between price and quantity demanded.
This law is based on the assumption that consumers are rational and will seek to maximize their utility or satisfaction by purchasing goods or services at lower prices.
On the other hand, the law of supply states that, all else being equal, as the price of a good or service increases, the quantity supplied for that good or service will increase, and vice versa.
There is a direct relationship between price and quantity supplied. This law is based on the assumption that producers are rational and seek to maximize their profits by supplying more goods or services at higher prices.
2. When prices change, it is reflected as a movement along the given supply or demand curve. If the price of a particular chocolate bar increases, it will result in a change in quantity demanded, not demand itself.
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a given price, while demand refers to the entire relationship between price and quantity demanded.
An increase in price will lead to a decrease in quantity demanded, as consumers may find the chocolate bar less affordable or seek cheaper alternatives. This movement is represented as a shift along the demand curve, showing a new quantity demanded at the new price point.
3. The determinants of demand include:
a) Price of the good or service: A change in the price of a product will directly impact the quantity demanded.
b) Income of consumers: Higher income levels generally lead to an increase in demand for most goods, especially normal goods.
c) Consumer preferences and tastes: Changes in consumer preferences or trends can significantly affect the demand for certain products.
4. The determinants of supply include:
a) Price of inputs: The cost of resources and inputs used in production, such as labor, raw materials, and energy, can affect the supply of goods or services.
b) Technology and productivity: Improvements in technology and productivity can increase the supply by reducing production costs.
c) Government regulations and taxes: Regulations, subsidies, and taxes imposed by the government can influence the cost of production and, consequently, the supply of goods or services.
5. Market equilibrium refers to the point where the quantity demanded by consumers matches the quantity supplied by producers at a particular price. It is the state of balance in the market, where there is no excess supply or excess demand. Market equilibrium is determined by the intersection of the demand and supply curves.
When the quantity demanded exceeds the quantity supplied, a shortage occurs, and prices tend to rise. On the other hand, when the quantity supplied exceeds the quantity demanded, a surplus occurs, and prices tend to fall. The market adjusts through the price mechanism until the equilibrium price is reached, where supply and demand are in balance.
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Marcus started the brainstorming process by jotting down some ideas. What is his next step?
Redo the brainstorming process.
Find the first solution.
Organize his ideas into categories.
Create a list of pros and cons.
Answer:
Organize his ideas into categories.
Explanation:
I just did it ;)
Marcus started the brainstorming process by jotting down some ideas and his next step is organizing his ideas into categories. The correct option is c.
What is the brainstorming process?Brainstorming is a method of generating ideas and sharing knowledge to solve a particular commercial or technical problem, in which participants are encouraged to think without interruption.
Brainstorming is a group activity where each participant shares their ideas as soon as they come to mind. After the session, ideas are categorised and ranked for follow-on action. When planning a brainstorming session it is important to define clearly the topic to be addressed. A topic which is too specific can constrict thinking, while an ill-defined topic will not generate enough directly applicable ideas. The composition of the brainstorming group is important too.
It should include people linked directly with the subject as well as those who can contribute novel and unexpected ideas.
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evergreen corp. issues 10,000, $1,000 face amount bonds. each bond can be converted into 20 shares of common stock. at the bond issue date, the company's common shares trade for $55 per share. at the date of issue, evergreen should recognize an addition to equity of
The common stock does not provide the corporation with any further benefits. the entire issue is a bond, after all. Bond issuance provides an additional $1 billion in operating funds.
What is common stock?
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership. The rights of common shareholders to a company's assets in the case of liquidation, however, begin only after bondholders, preferred shareholders, and other debt holders have been fully compensated. In the stockholders' equity section of a company's balance sheet, common stock is disclosed.
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which task is carried out by book keeping
Answer:
Explanation:
Invoices and unpaid bills are one of the most important responsibilities of the bookkeeper. A bookkeeper who fails to keep an account of the money flowing into and out of the business, for instance, makes it all too easy to spend money that isn't there.
Which of the following characteristics of tourism services explains which guests need to be present when the service is being performed?
what is not a key characteristic for a business to implement revenue management strategies? group of answer choices limited capacity price sensitivity unpredictable demand perishable inventory
All the given characteristics are key for a business to implement revenue management strategies. No characteristic is unimportant.
Every one of the given qualities - restricted limit, cost responsiveness, erratic interest, and transitory stock - are key variables for a business to execute income the executives techniques. In any case, there are other significant qualities that additionally should be thought of, for example, the capacity to section clients, admittance to important information, and the capacity to change valuing progressively.
Income the board includes boosting income by enhancing valuing and stock in view of market interest and client conduct. To do this effectively, organizations need to have a profound comprehension of their clients, their way of behaving, and the economic situations. They likewise should have the option to answer rapidly to changes sought after and change their estimating and stock appropriately.
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Explain the levels of shariah rulings by giving examples of each relevant to the financial transaction.
Answer:
The levels of shariah rulings by giving examples of each relevant to the financial transaction is explained below in complete details.
Explanation:
Rules of Islamic Finance
The laws of Islamic finance adhere to the general sources of withdrawing Qimar and Maysir which are betting and gambling along with Gharar which is risk linked with exploitation and unfairness. This shuts access to the theory of interest and prevents the use of conventional debt-based devices. The Islamic financial system promotes risk-sharing, encourages entrepreneurship, discourages dangerous behavior, and emphasizes the sacredness of contracts.
A company ''A'' generates revenue from sales of dollar 850,000 it deducts the costs for materials, labor, rent is dollar 150,000 what left is its profit?
In everyday life, the terms "profit" and "income" are frequently used interchangeably.
What is Gross Profit ?However, depending on the context, these terms can have very different and specific meanings in corporate finance.
While income denotes a positive flow of cash into a business, net income is much more complicated. Profit is commonly understood to be the cash left over after expenses are deducted.
Though gross profit and operating profit both fit this definition in the most basic sense, the types of income and expenses that are accounted for differ significantly.
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How is it best to get rid of information you receive in the mail?
A Tear the mail in half and place each half in a different trash bag
B Just throw it way, thieves don't dig through trash
C Use a shredder before placing it in the trash
D Mark out all personal information with a marker
Plzzz help me with this one
Answer:
what the question.....
The car hire firm Happy-Holidays, requires a database system to manage their fleet of hire vehicles. Each vehicle in the fleet has a unique fleet membership number (N 3). Also recorded is the vehicle's registration number (S 7), colour (S 20), and make (S 8). All cars are the current model. If a car is fitted with a mobile phone, its phone number (S 12) is recorded. Cars can either be traditional cars or electric cars. Traditional cars are either diesel or petrol operated (N 2). The electric cars have four types (S 5): Battery electric vehicles (BEVs), Plug-in hybrid electric vehicles (PHEVs), Fuel cell electric vehicles (FCEVs), Non-plug-in hybrid EVs (HEVs). Each Happy-Holidays depot has an identification code (N 2). Also recorded is the depot's address (A), 1 to 4 phone numbers (S 14), and a fax number (S 14). The current location (depot) of vehicles available for hire is recorded. Happy-Holidays has several different types of daily hire tariffs. For each type, an identification code (S 2) is recorded only with a description of the conditions under which it applies (S 50). For each make of car, the daily rental tariff ($ 3) is recorded for each of the tariff types. Also recorded for each make of car is the daily insurance tariff ($ 3). The company also keeps records of the inventory items such as GPS navigation systems (N 3), infant car seats (N 2), and booster car seats (N 2). Electric cars come fitted with a GPS navigation system. When a vehicle is hired, the depot from which it is hired, the hire time and date (D) are recorded. The hirer (client) involved is recorded along with the type (S 2) and number (S 20) of the credit card to be used to pay for that hire. The company only accepts Master card or Visa card. (For security reasons neither cash nor cheques are accepted by Happy-Holidays.) There will be one or up to four persons recorded as being nominated drivers of the hired vehicle (None of these have to be the hirer). A vehicle's kilometreage (N 5) (distance travelled) is recorded when it is hired, and the fuel level for traditional cars only (N 2). At any one time only one vehicle is on hire to a customer. Also recorded is the applicable tariff type, the number of hire days (N 2) and an indication (S 1) as to whether insurance has been taken out for each hire, and whether the customer wanted car seats (N 1) for children, or navigation system (S 1). A make of vehicle may also be booked for a future hiring, in which case, the nominated pick-up depot, the starting time and date for the booking (D), and the intended number of hire days (N2) are recorded. An optional preferred colour (S 12) may be recorded. A client may make any number of bookings. Happy-Holidays records the individual details of any client the first time that the person or the company1 has business with the company. A client's name (C), address (A) and one or two contact phone numbers (S 14) are recorded along with a generated unique client identifier. This identifier is used for all subsequent references to that client. If the client is a company, they must have a (single) nominated person also recorded as their representative. The details of such representatives are recorded as though they were person clients. A (person) client's driver's license number (S 12) is recorded the first time that they hire a vehicle or are a nominated driver. For each vehicle, a service history is kept. It contains for each past service, (scheduled or repair service), the date (D), the cost (\$ 4), a service description (S 50) and the identification of the depot where the servicing was done. A vehicle may have had none or several past services. For all vehicles, the next scheduled service has the associated kilometrage (N 5), date-to-be-done-by (D) and the depot to do the servicing recorded. Any minor damages to the car such as scratches or minor dents are recorded as comments (S 200), along with the date they were entered into the database (D). Cars with significant damage are recorded as non-serviceable (N 1) and can be written-off.
The given system of the Happy-Holidays car hire firm can be divided into different modules as mentioned below:
Vehicle Module:
This module contains information related to the vehicle like registration number, color, make, vehicle type (electric or traditional), etc. It also has information of the depot where the vehicle is kept. Additionally, it records the fuel level and kilometreage when it is hired. Service history is also maintained in this module.
Tariff Module:
This module includes the daily rental tariff for each make of the car, the daily insurance tariff, and different types of daily hire tariffs. This module also maintains the inventory items.
Client Module:
This module maintains the individual details of any client the first time that the person or the company has business with the company. A unique identifier is generated for all subsequent references to that client. The client can be a person or a company, in the case of a company, they must have a single nominated person also recorded as their representative.
Booking Module:
This module contains the details of the booking. It has the information of the nominated pick-up depot, the starting time and date for the booking, the intended number of hire days, and the optional preferred colour. The client may make any number of bookings.
Payment Module:
This module has the details of the credit card to be used to pay for that hire. The company only accepts Master card or Visa card and neither cash nor cheques are accepted by Happy-Holidays.
Booking History Module:
This module maintains the record of past bookings done by a client.
Service History Module:
This module keeps the record of all services done on a vehicle along with the identification of the depot where the servicing was done. It also maintains the details of the next scheduled service, its associated kilometrage, and date-to-be-done-by.
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How can a diverse economy like the United States, satisfy the needs of its consumers?
Answer:
Supply and Demand
Explanation:
What percent of adults, nationally, were current on all credit payments in the last year?
Your friend sees your answer to #1 and assumes that each of those people has a high credit score. Why is your friend incorrect?
How does your state’s on-time payment record compare to the national rate?
Find your county within your state. How does your county’s rate compare to your state’s rate of on-time payment?
If you look at the state shading on the map, it seems on-time payment rates are somewhat clumped geographically. What might cause that “clumping?”
Based on prior learning, name two reasons that paying your credit card or loan bill late has serious consequences.
The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .
Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience. They are said to often have a high balance on too many credit card.
The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.
Miral county’s payment rate is 80%, 10% higher than the state of Texas.
The “clumping may be due to the types of jobs that are available to certain states.
The reasons our credit card or loan bill paid late?The reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:
Credit score reduction drastically, that can affect your credit report badly.It can also affect the types of opportunities, etc. that one can get through the credit bureau.learn more about credit payments from
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The winner of a $140 million lawsuit, terry bollea is better known by what name?.
Which of the following is considered a fall prevention system because it stops a person from falling in the first place?
Select the best option.
Anchor
Guardrails
Personal fall arrest systems
Safety nets
Answer:
see the answer
Explanation:
I think it's safety nets
the accounting term for a situation where two or more people act in coordination to circumvent internal controls is
The accounting term for an instance where two or more individuals work together to get around internal controls is Collusion.
Internal controls are the systems, guidelines, and practises that a business uses to guarantee the accuracy of its financial and accounting data, foster accountability, and Collusion fraud. As the name implies, corrective controls are implemented to address any problems identified by detective controls.
These may also involve fixing any errors discovered once an accountant has completed the audit procedure on the accounting books. When two or more individuals collaborate to evade internal checks and steal from a business, this is called collusion.
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An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6000 and annual revenues are $20,000. What rate of return per year will the investor make over a 30-year period ignoring the salvage value? If the property can be sold for $200,000 what is the rate of return?
To calculate the rate of return for the investor over a 30-year period, ignoring the salvage value, we can use the following formula:
Rate of Return = [(Annual Revenues - Annual Costs) / Initial Investment] x 100%
Plugging in the given values:
Annual Revenues = $20,000
Annual Costs = $6,000
Initial Investment = $250,000
Rate of Return = [($20,000 - $6,000) / $250,000] x 100%
Rate of Return = $14,000 / $250,000 x 100%
Rate of Return = 0.056 x 100%
Rate of Return = 5.6%
So, the investor would make a rate of return of 5.6% per year over a 30-year period, ignoring the salvage value.
If the property can be sold for $200,000, we can calculate the rate of return including the salvage value as follows:
Rate of Return = [(Annual Revenues - Annual Costs + Salvage Value) / Initial Investment] x 100%
Plugging in the given values:
Salvage Value = $200,000
Rate of Return = [($20,000 - $6,000 + $200,000) / $250,000] x 100%
Rate of Return = $214,000 / $250,000 x 100%
Rate of Return = 0.856 x 100%
Rate of Return = 85.6%
So, the rate of return including the salvage value would be 85.6% per year.
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Rashad doesn't want to spend time organizing his personal financial records. His spouse, Minos, thinks it is worth spending the time to get organized. What should Minos tell Rashad to convince him that organizing personal financial records is beneficial? OA It will be easier to manage daily business activities such as paying bills. OB. People who organize their personal financial records generally do not have to file taxes. OC They cannot lose money on investments as long as they keep good records. OD. Most banks offer a yearly cash bonus if clients have organized financial records.
What Minos should tell Rashad to convince him that organizing personal financial records is beneficial is: A It will be easier to manage daily business activities such as paying bills.
To convince her spouse of the importance of organizing personal financial records, Minos should tell Rashad that organization will help him to coordinate his daily business activities better.
He will not be at a loss of the whereabouts of his financial data.
Therefore, option A is right.
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Which sequence of HACCP principles is in the correct order?
A.
Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.
B.
Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.
C.
Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.
D.
Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.
E.
Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.
Answer:
B
Explanation:
Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .
The sequence of the first three of the seven principles are
1. Conduct hazard analysis to determine potential risks related to food protection
2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health
3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.
Answer:
B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP
Explanation:
In the Zone of Tolerance analysis for Services, your promotional messages should capitalize on factors where ____
a. you and your competitor are within the customer's zone of tolerance. b. you are high within the customer's zone of tolerance, and exceed your competitors positioning. c. you and your competitor both exceed the customer's zone of tolerance. d. you are working to improve in an effort to achieve customer's minimum tolerance.
Option B is correct.
You are high within the customer's zone of tolerance, and exceed your competitors positioning.
In marketing, the Zone of Tolerance (ZOT) refers to the range of acceptable variation in the quality of a product or service, beyond which a customer would be dissatisfied.
The ZOT analysis helps businesses understand customers' expectations and improve service quality by identifying the factors that influence customers' satisfaction.
In the Zone of Tolerance analysis, promotional messages should capitalize on factors where a company is high within the customer's ZOT and exceeds its competitors' positioning. This means that the company should focus on promoting the areas where it performs better than its competitors and offer incentives to attract customers.
Option B, "you are high within the customer's zone of tolerance, and exceed your competitors' positioning," is the correct answer. By emphasizing these factors, the company can differentiate itself from its competitors and create a competitive advantage.
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The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team is the _________.
The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team is the stage manager.
The daily management of a theater production, from dress rehearsals to performances to after-show festivities, is overseen and coordinated by a stage manager.
They set up each team, communicate with the rest of the business, and coordinate with them to make sure production runs well.
In the course of the rehearsal process, the stage manager is in charge of the following:
forming relationships with all team memberskeeping daily diaries and reportingtaking notes, observing, and blockingWhat is definition of decision making?Making a choice involves reaching a conclusion; it is a process that results in a final decision, which may or may not lead to action. Making up one's mind is a necessary or active process.
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How is a debit card different from a credit card?
A. A debit card is usually issued by a financial institution.
B. A debit card provides a way for people to make large purchases.
C. Spending on a debit card is limited to the funds available in an
account.
D. Spending can occur via a digital payment method.
Answer:
C
Explanation:
because thats wat ist is.- limited funds
What is the difference between productive and service oriented professions Explain with examples
Answer:
Explanation:
Product vs Service Business
While it may seem to go against traditional thinking, in some ways there is very little difference between product based and service based companies. In actuality, both sell a product. The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product. In the service-based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer's user experience very important. Product-based businesses, on the other hand, deliver physical products that are reasonably consistent in quality for each customer, making the customer experience fairly predictable.
Local or Global Consumer Markets
In general, when consumers are looking for new solutions they try to distinguish the different services/products of business and industry in the locality where they reside. As such, businesses need to target their product and service based businesses to the appropriate markets. Consumers located anywhere in the global market can purchase a product via the internet as long as they can have their purchase delivered locally and cost effectively. However, most service businesses can only provide services to customers within their local target market. For example, while a computer store can ship computers all over the world, a hairstylist will only attract clients within a reasonable driving distance from her home or business. As a result, businesses need to consider how their customer base will influence their marketing efforts.
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Which management function ensures that organizational activities are going as planned?.
Answer:
General management
Explanation:
General management overlooks everything that happens in the company or business
Why would it be a good idea to mix stocks and bonds in your investment portfolio?
Answer:
To have more variety and just more in general!
Explanation:
Hope this helps!
true or false:
One of the most important jobs of a national political committee is to raise money for candidates running for office.
False.
nwowoo2k2o2i2msj2dn93xoowso
they say we are money minded' exploring experiences of formal private for-profit health providers towards contribution to pro-poor access in post conflict northern uganda
In the context of exploring the experiences of formal private for-profit health providers towards contribution to pro-poor access in post-conflict Northern Uganda, it is important to note that these providers are often perceived as money-minded. However, their motivations and actions should not be oversimplified.
While profit is undoubtedly a driving factor for private for-profit health providers, it does not necessarily mean that they are unconcerned about pro-poor access. Many of these providers recognize the need for affordable healthcare in underserved areas, such as post-conflict regions like Northern Uganda. They often make efforts to adapt their services and pricing structures to accommodate lower-income populations.
These providers often face unique challenges in operating in post-conflict settings, including limited infrastructure and resources. Despite these obstacles, many of them actively engage in initiatives aimed at improving access to healthcare for the poor, such as partnering with NGOs or offering discounted services.
It is essential to acknowledge that while profit remains a consideration for private for-profit health providers, many of them do contribute to pro-poor access in post-conflict Northern Uganda through various means, demonstrating a more nuanced perspective than the simplistic label of being solely "money-minded."
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An increase in the amount of excess reserves that banks keep _________ the value of the money multiplier.
The value of the money multiplier is decrease when banks maintain more surplus reserves.
What is money multiplier?A bank lends or invests its extra reserves to boost interest profits. For every increase in the price of gold, the money supply increases by more than $1. monetary foundation The money multiplier is the expansion of the money supply.
A money multiplier is one of several closely related proportions of commercial excess cash to central bank money in a fractional reserve banking system, according to monetary economics. It has to do with how much money from the central bank may be produced in the commercial banks up to a particular point. The money multiplier is important in macroeconomics because it regulates the money supply, which affects interest rates. Because it affects monetary policy as well as the stability of the financial system industry, it is also significant in the banking industry.
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Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the bank and Terrance share power of attorney. B. Terrance has participated in a guarantee of gain. C. Both parties now have an obligation to their agreement. D. Terrance is required to submit a verbal agreement.
Answer: C. Both parties now have an obligation to their agreement.
Explanation:
When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.
Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.