Saudi Vision is shifting the dependency of Saudi Economy from
Oil sectors to Non-Oil Sectors. Yes, or No? Discuss your opinion in
minimum 200 Words.
PLEASE IN WRITING
Answers
Yes, Saudi Vision is indeed shifting the dependency of the Saudi economy from oil sectors to non-oil sectors. This strategic initiative, known as Vision 2030, was introduced by Crown Prince Mohammed bin Salman in 2016 with the goal of diversifying the Saudi economy and reducing its reliance on oil revenues.
The Saudi Arabian economy has long been heavily dependent on oil exports, with oil accounting for a significant portion of government revenue and GDP. However, this heavy reliance on a single commodity makes the economy vulnerable to fluctuations in oil prices and global market dynamics. To mitigate these risks and foster long-term sustainable growth, Saudi Vision aims to promote non-oil sectors such as tourism, entertainment, manufacturing, technology, and renewable energy.
The implementation of Vision 2030 involves a comprehensive set of reforms and initiatives. It includes the development of economic cities, investment in infrastructure, promotion of entrepreneurship and innovation, and the expansion of the private sector. The government has also introduced various policy measures to attract foreign investment and create a more business-friendly environment.
These efforts have already shown promising results. Non-oil sectors in Saudi Arabia have been growing steadily, with increased contributions to GDP. The entertainment sector, for example, has witnessed significant growth with the introduction of cinemas and the hosting of international events. The tourism sector has also seen a boost with the launch of tourist visas and the development of tourist attractions.
While the transformation from an oil-dependent economy to a diversified one is a complex and long-term process, Saudi Vision has laid a strong foundation for achieving this goal. However, challenges and risks remain, including the need for continued investment, overcoming cultural barriers, and ensuring a skilled workforce to support the growth of non-oil sectors.
In conclusion, the Saudi Vision is actively working towards reducing the dependency of the Saudi economy on oil sectors and promoting the growth of non-oil sectors. This shift is crucial for long-term economic stability, resilience, and sustainable development. The successful implementation of Vision 2030 will not only reduce the vulnerability of the Saudi economy to oil price fluctuations but also create new opportunities, enhance competitiveness, and improve the overall quality of life for Saudi citizens.
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Related Questions
On April 1, a company paid the $2,700 premium on a three-year insurance policy with benefits beginning on that date. What amount of insurance expense will be reported on the annual income statement for the first year ended December 31? $2,025.00. $75.00. $2,700.00. $900.00. $675.00.
Answers
The amount of insurance expense will be reported on the annual income statement for the first year ended December 31 is $675.00.
Insurance expense
Using this formula
Insurance expense=Insurance premium×Number of months/ Three years
Where:
Insurance premium=$2,700
Number of months= April to December=9 months
Three years=36 months
Let plug in the formula
Insurance expense=$2,700×9/36
Insurance expense=$675
Inconclusion The amount of insurance expense will be reported on the annual income statement for the first year ended December 31 is $675.00.
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Which is not a task of the bankruptcy trustee?
ensures that the debtor begins repayment
gathers the debtor's funds in excess of exemptions
monitors the progress of a bankruptcy case
represents the debtor when meeting with the creditors
Answers
Answer:
The option which is not a task of the bankruptcy trustee is;
Represent the debtor when meeting with creditors
Explanation:
In a case of bankruptcy a bankruptcy trustee is assigned by the court and to whom the case information is handed to perform the following tasks
1) Converts the collected company assets to money
2) Assess the creditors (owed by the debtor) proof of claims
3) Allocate monetary refunds to the creditors
4) Upholds or refuse claimants to specific debts
5) Completes tax and other financial reports that are submitted to government agencies
Answer:
Which is not a task of the bankruptcy trustee? That would be: Represents the debtor when meeting with the creditors.
Explanation:
Why? Because he is not a lawyer. He wouldn't really be able to do much in court.
Who is Jake from Statefarm??
Answers
Answer:
my baby daddy.
Explanation:
I forgot to take the pill :(
Answer:
god
Explanation:
jake from state farm is god. *period*
For an FBLA-PBL member who is interested in running for a state or national
office, what FBLA-PBL activity would be the most likely to help them?
O A. Participate in the Institute for Leaders
B. Network with local business people
C. Participate in local community service
D. Compete at the National Leadership Conference
SUBMIT
Answers
Answer:A
Explanation: i did the test
Choose the term that best matches the description given.
The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
Pls help me. I will give best answer
Answers
Answer:
I have no idea is that history
from the following list, select all of the performance areas that are typically observed by middle managers and operational managers.
Answers
All the selected performance areas that are typically observed by middle managers and operational managers.
salesemployee performanceadherence to organizational guidelinesstrategic financial decisionsThe position of managers is establishing and overseeing a selected organization, task or sector within a commercial enterprise. The quantity and scope of a manager's responsibilities can vary depending on their role in the agency. The process title of supervisor can mean that any person is handling a team or dealing with a positive characteristic.
A enterprise supervisor is a manager who controls and directs the employees and activities of an employer or a branch. by adopting operational plans, sporting out overall performance evaluations, and supervising all each day sports, they attempt to maintain the enterprise productive, efficient and organized always.
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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What type of Interests pays interest on interest?
O Compound Interest
O Simple Interest
Answers
Answer:
Compound interest
Explanation:
As Timothy examines markets that might match his company’s investment requirements, he is particularly interested in the fact that the European Community has an extensive transportation network. This network seems to draw all the member nations closer together physically. What critical factor for ensuring an effective economic union is Timothy most likely examining when reviewing transportation networks?
Answers
Answer:
The correct answer is "Geographic proximity ".
Explanation:
Proximity to geography is also a subjective measure. It relies on personal judgments based on empirical evidence as well as on sensory experiences.This consideration becomes more expected to be investigated by Timothy while evaluating transportation infrastructure for establishing a successful economic community. It is indeed a concept of social or economic networking, health, as well as ethnicity, are significant factors on either the partnership.whats Alana current budget is and create a proposed budget so that she can achieve her savings goals (10 marks - TI). Assume that Alana makes $530 a month. Be sure to:
· calculate her budget surplus OR deficit is (current and proposed)
Answers
Answer:G tyyyy jhccfvvhh
Explanation:
Hjhdfuiijjhfcdrg g
What are B2C and B2B sales?
Answers
B2C and B2B sales refers to business-to-consumer and business-to-business sales respectively.
What is business-to-consumer sales?Business-to-consumer (B2C) companies having consumers as their end-users increasingly came to be known by this phrase when it gained popularity in the 1990s.
This contrasts with business-to-business (B2B) firms, or those whose main customers are other businesses. B2C businesses conduct their business online and offer goods to clients. Several B2C corporations include Amazon.
B2C, or business-to-consumer, is a retail model where things are delivered directly to the customer who has made a personal purchase of the goods or service.
Business-to-business sales are referred to as B2B sales. It describes enterprises or salespeople who engage in direct business-to-business (B2B) sales of goods and services.
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5a) Change
the given angle
into
degress-
i) 10ʻl6' 15"
Answers
Given :
An angle 10 16' 15".
To Find :
The given angle into degrees.
Solution :
We know, 1° = 60' and 1' = 60".
Now,
\(15" = (15\times \dfrac{1}{60})^{'}\\\\15"= \dfrac{1}{4}^{'}=0.25^{'}\)
Now, total minutes are :
(16 + 0.25)' = 16.25'
Converting 16.25' to degrees.
\(16.25^{'} = 16.25\times \dfrac{1}{60} ^o\\\\16.25^{'} = 0.271^o\)
Therefore, angle in degree is ( 10+0.271 )° = 10.271° .
when directors transact business and vote on issues affecting the corporation, ordinary matters generally require a simple majority vote. true false qyuilet
Answers
True,
when directors transact business and vote on issues affecting the corporation, ordinary matters generally require a simple majority vote.
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You are the senior software engineer at a start-up company developing an exciting new mobile app that will allow salespeople to generate and email sales quotes and customer invoices from their smartphones. Your company's sales force has led a major corporation to believe your product will be available next week. Unfortunately, at this point the software still contains quite a few bugs. The leader of the testing group has reported that all of the known bugs appear to be minor, but it will take another month of testing for his team to be confident the product contains no catastrophic errors. Because of the fierce competition in the mobile app industry, it is critical that your company be "first to market." To the best of your knowledge, a wellestablished company will release a similar product in a few weeks. If its product appears first, your start-up company will probably go out of business.
Answers
In this scenario, the start-up company developing an exciting new mobile app that will allow salespeople to generate and email sales quotes and customer invoices from their smartphones has to handle the challenge of being first to market.
As the senior software engineer, you need to weigh the risks and benefits of releasing a product with known bugs. In this situation, it is important to consider the risks of releasing a product with known bugs and the benefits of being the first to market. On one hand, releasing the product with known bugs could damage the reputation of the start-up company and result in lost sales. On the other hand, being first to market could give the company a competitive advantage and increase sales. The leader of the testing group has reported that all of the known bugs appear to be minor, but it will take another month of testing for his team to be confident the product contains no catastrophic errors. This means that the software still contains quite a few bugs, and there is a risk that some of these bugs could cause catastrophic errors.
To mitigate the risks of releasing a product with known bugs, the start-up company could consider delaying the release until all of the known bugs have been fixed. While this would delay the release of the product, it would also ensure that the product is of high quality and will not damage the reputation of the company.
In conclusion, it is important for the start-up company to balance the risks and benefits of releasing a product with known bugs. While being first to market could give the company a competitive advantage, releasing a product with known bugs could damage the reputation of the company. As the senior software engineer, you need to make a recommendation to the company based on your knowledge of the industry and the product.
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Businesses offer many of the marketing functions, and consumers usually take part in _____ when they make purchases.
- at least five
- one or more
- all
- one
Answers
Answer:
one or more
Explanation:
Businesses offer many marketing functions, and consumers usually take part in one or more when they make purchases. The correct option is B.
What is the role of marketing to consumers?Marketing's goals are to interact with customers, provide information, and add value to their lives. Discovering what their customers want and need, then meeting those needs through the products and services they provide, is how businesses decide how to best market to consumers.
The aspect of marketing that is most widely recognized is promotion. The majority of audiences would be familiar with the traditional and digital marketing strategies included. Activities aimed at interacting with consumers, educating them about the company and its offerings, and persuading them to make purchases are referred to as promotional activities.
Thus, the ideal selection is option B.
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for the magazine industry as a whole, magazines tend multiple choice question.
targeted at a specific audience.
the convergence of magazines and the Internet
to have more subscriptions than single-copy sales.
Answers
For the magazine industry as a whole, magazines tend to be targeted at a specific audience and aim to have more subscriptions than single-copy sales.
Magazines have traditionally been tailored to cater to specific audiences, whether it be niche interests, hobbies, or demographics. By targeting a specific audience, magazines can attract dedicated readers who are more likely to subscribe to receive regular issues. Subscriptions provide a more stable and predictable revenue stream compared to single-copy sales, which can fluctuate based on factors like newsstand availability and consumer purchasing behavior. Additionally, magazines have been impacted by the convergence of print and digital media, with many publications expanding their online presence and offering digital subscriptions to adapt to changing reader preferences and technological advancements.
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Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to compete with Burger King. The contract spans eight months. Burger Boy promises to pay $45,000 at the end of each month. At the end of the contract, Velocity either will give Burger Boy a refund of $15,000 or will be entitled to an additional $15,000 bonus, depending on whether sales at Burger Boy at year-end have increased to a target level. At the inception of the contract, Velocity estimates an 80% chance that it will earn the $15,000 bonus and calculates the contract price based on the expected value of future payments to be received. At the start of the fifth month, circumstances change, and Velocity revises to 60% its estimate of the probability that it will earn the bonus. At the end of the contract, Velocity receives the additional consideration of $15,000.
Answers
Answer:
B
Explanation:
a differential analysis is useful for all of the following decisions except a.making or buying a component part. b.accepting additional business at a special price. c.discontinuing a segment or product. d.none of these choices are correct.
Answers
A differential analysis is useful for all of the following decisions except d.none of these choices are correct.
What is differential analysis?Differential analysis can be described as the decision-making technique which is been used in the process of examination of the benefits and costs associated with each of two terms as well as the comparison of the the net results of the two.
It should be noted that the alternative selected can be regardecas the one that is mostly favorable , hence it focuse on the future costs and benefits that differ between the alternatives.
Therefore, option D is correct.
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Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries
Answers
The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.
Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
Answers
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Explain the technique of making bamboo based handicrafts with an example.
Answers
Answer:
Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.
Explanation:
Example: •Bamboo furniture
•Bamboo toys
•Bamboo wind chimes
•Bamboo lamps and lanterns
•Bamboo placements and coasters
The technique bamboos are processed into thin strips or sheet materials for bamboo plaiting, known as bamboo strips and the processing procedures of bamboo strips include selecting materials, sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering. For example, bamboo furniture.
What is the process of making bamboo handicrafts?The process of making bamboo handicrafts is given below. First, the bamboo is completely dried before use. The bamboo is segregated in the beginning according to the products that are going to be made. They are cut to the required sizes with the help of a bamboo sawing machine. The cut bamboo sticks are arranged for the products that have to be made.
The products are always made depending on the client’s orders. For example, to make a stool, bamboo is cut respectively into four sets to make the legs and eight sets of smaller lengths to connect the legs horizontally to get a firm hold of the four legs of the stool. A stool is something similar to that a chair but doesn’t hold a backrest.
A stool is a seat for a single person without any backrest.
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The lack of competition is part of the free enterprise system.
O True
O False
Answers
Answer:
I think its true
Explanation:
Imagine that your city decides to enact a rent-control law that limits the price of a one-bedroom apartment to $ 600 per month. Using the table below, answer the following questions.
Monthly rent Quantity demanded Quantity supplied
$500 800 140
$550 650 210
$600 500 280
$650 350 350
$700 200 420
Part 1
What is the market price without rent control? $
Part 2
How many one-bedroom apartments will be rented after the rent control law is passed?
Answers
A rent control law is a price cap rule that lowers the cost of renting an apartment but deters property owners from renting out their apartments.
Does rent regulation represent a pricing floor or ceiling solution?Rent control is a prime example of a price cap. Price ceiling refers to the maximum amount that, under the law, a seller may charge for a good or service. A landlord's ability to charge rent is restricted by rent control.
Does rent regulation represent a price floor? Is it real or not?A price ceiling, not a price floor, is what rent control is an example of. This is so because rent control limits the highest price a landlord may charge a tenant. A price floor is the lowest permitted price.
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Answer:part 1 is 650$ part 2 is 280
Explanation:
When faced with quota pressure, a salesperson with customer orientation would most likely: a. avoid issuing express warranties. b. practice the hard-sell approach. c. overstate the benefits of the recommended product. d. explain the cons of the recommended product. e. engage in fast talking.
Answers
When faced with quota pressure, a salesperson with customer orientation would most likely explain the cons of the recommended product.
A business strategy known as "customer orientation" prioritizes the demands of the client over those of the company. Companies that prioritize their customers are aware that without continually increasing their customer focus, their firm will not succeed.
Cons are a drawback or justification for not acting: The higher operating expenses of a larger automobile are one of its drawbacks. Before making a choice, you must consider all the advantages and disadvantages of the situation.
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Main Answer:
When faced with quota pressure, a salesperson with customer orientation would most likely practice the hard-sell approach.
Explanation:
The hard-sell approach will make the salesperson under quota pressure to use a direct and insisting language so that he can convince the customer to go for the product in a short span of time.
The correct option is b. practice the hard-sell approach. The remaining options are ruled out.
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You own 300 shares of Abco stock. The firm plans on issuing a dividend of $2.10 a share one year from today and then issuing a final liquidating dividend of $36.45 a share two years from today. Your required rate of return is 14.5 percent. Ignoring taxes, what is the value of one share of this stock to you today? $31.05 $27.80 $33.93 $26.62 $29.64
Answers
The value of one share of Abco stock to you today is $29.64 (0.093 x 300 shares).
To calculate the value of one share of Abco stock today, we need to determine the present value of the two future cash flows - the dividend to be paid one year from now and the liquidating dividend to be paid two years from now.
The present value of the first cash flow (dividend payment one year from now) can be calculated as:
PV = D / (1 + r)
where D is the dividend payment, r is the required rate of return, and PV is the present value.
So, in this case, the present value of the first cash flow is:
PV = 2.10 / (1 + 0.145) = 1.83
The present value of the second cash flow (liquidating dividend payment two years from now) can be calculated as:
PV = D / (1 + r)²
So, in this case, the present value of the second cash flow is:
PV = 36.45 / (1 + 0.145)² = 26.08
To calculate the total present value of the two future cash flows, we add the present values of each cash flow:
Total PV = 1.83 + 26.08 = 27.91
Finally, to calculate the value of one share of Abco stock today, we divide the total present value by the number of shares we own:
Value of one share = 27.91 / 300 = 0.093
Therefore, the value of one share of Abco stock to you today is $29.64 (0.093 x 300 shares).
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N is covered under an individual Disability policy with a 30-day Elimination period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on this claim is:
Answers
Answer:
$1,250
Explanation:
Before N starts to receive any disability payment, a 30 day elimination period must pass. He/she will start receiving disability payments starting the second month and they will last until his temporal disability is over:
covered time = 3.5 months - 1 month = 2.5 months x $500 per month = $1,250 total disability payments
N is covered under an individual Disability policy with a 30-day Elimination period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on this claim is $1,250.
Covered time = 3.5 months - 1 month = 2.5 months
Total disability payments = 2.5 months x $500 per month = $1,250
After the 30-day Elimination period has been satisfied, the total benefit paid on this claim is $1,250.
Disability insurance, also referred to as DI, disability income insurance, or income protection, is a type of coverage that protects the beneficiary's earned income against the possibility that a disability will make it difficult for them to perform essential job duties.
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list your personal interest
Answers
Answer:
my interest is to reach conqueror in pubg mobile
Determining who the buyers of subdivision homes are, the market niche to target, and whether to have different price points for various phases of development are all considerations in the ___________.
Answers
The subdivision home buyer demographic, the market niche to target, and whether to set different price points for successive stages of development are all factors taken into account in the marketing strategy.
How would you define subdivision?A subdivision is an act or an occurrence of subdividing anything, such as a minor portion of a bigger whole, a political subdivision, or a tract of property that has been surveyed and split into lots for the purpose of sale, especially one that has residences erected on it.
What advantages does subdivision give?Greater Profits - When a property is divided into two or more separate properties, you have more assets to sell. This might be a very profitable move on a big enough property in a nice region. Simply divide the land into smaller pieces, develop each one, and then sell them all.
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Which one of the following is defined as U.S. dollar-denominated deposits held in a foreign bank? Eurodollars foreign funds certificates of deposits banker's acceptances T-bills
Answers
Eurodollars are U.S. dollar-denominated deposits held in foreign banks located outside the United States.
Eurodollars are U.S. dollar-denominated deposits held in foreign banks located outside the United States. These deposits are not subject to the jurisdiction and regulations of the Federal Reserve System, making them an important component of international banking and global money markets.
The term "Eurodollar" originated during the 1950s when U.S. dollars began to be held in European banks to facilitate international trade and financial transactions. Over time, the use of Eurodollars expanded beyond Europe to other regions around the world.
Eurodollars provide several benefits to depositors and borrowers. For depositors, they offer a way to hold U.S. dollars outside the United States, diversify currency exposure, and potentially earn higher interest rates. For borrowers, Eurodollars provide access to U.S. dollar funding outside the U.S. domestic banking system, which can be advantageous due to different regulations and interest rate dynamics.
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Suppose you work for a bank and are responsible for determining whether you should give someone credit. Create a list of the top three questions you would
ask prospective borrowers and post them to the discussion board. Make sure to explain why you think these three questions are important in determining
whether or not a potential customer is a good credit risk.
Answers
Answer:
-How much money do you need?
-How much income do you make?
-How much debt do you have?
Explanation:
The top three questions that I would ask prospective borrowers are:
-How much money do you need?
This question allows the lender to know the amount of money the borrower requires and this is crucial to make an evaluation with the income and debts to determine if the lender would approve the loan. For example, a borrower may need an amount that he can easily pay back with his salary.
-How much income do you make?
This question is important to the lender because it allows to find out if the borrower's income would allow him/her to make the monthly payments which decreases the risk.
-How much debt do you have?
It is important to know the amount of debt the borrower has because the higher amount of debt he/she has, it would be harder to pay the loan and evaluating this allows to decrease the risk of the borrower not paying back.