Samantha keeps $1,000 in her checking account. A friend has suggested that she move that money into a savings account which pays interest and that she apply for a debit card on that savings account so that she can spend money in her account directly with merchants without having to write a check. What's wrong with this idea

Answers

Answer 1

Answer:

Few banks will issue debit cards for savings accounts since the law limits the use of a debit card with merchants to 6 times per month.


Related Questions

Which of the following is NOT an example of monetary policy? a. The Federal Reserve reduces the reserve requirement. b. The Federal Open Market Committee decides to sell bonds. c. The Federal Open Market Committee decides to buy bonds. d. The Federal Reserve facilitates bank transactions by clearing checks.

Answers

Answer:

A

Explanation:

Monetary policy controls the process of drafting, announcing, and enforcing the plans taken by the central bank, currency board, or other competent monetary authority that controls the amount of money in an economy and the channels by which new money is supplied

The statement that cannot be considered an example of monetary policy is A:The Federal Reserve reduces the reserve requirement.

Monetary policy  can be regarded as control of the quantity of money which is present in an economy as well as the channels that is needed for  new money to be supplied.

It involves the federal to Open Market Committee who bring decision in selling or buying of bonds.

Therefore, option A is correct.

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Many economists believe that the growth of the money supply is A. not related to output growth. B. inversely related to the price level. C. directly related to interest rate growth. D. positively related to the growth of real GDP.

Answers

Answer:

D.

Explanation:

They believe that controlling the supply of money directly influences inflation and that by fighting inflation with the supply of money, they can influence interest rate in the future.

Which of the following states the law of supply and demand

Answers

Answer: The four basic laws of supply and demand are: If demand increases and supply remains unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.

Please, discuss 2-3 major advantages and disadvantages of both free market and the command way of running the cafeteria.

Answers

Answer:

Free Market

A free market economy promotes the production and sale of goods and services, with little to no control or involvement from any central government agency.

Explanation:

Advantage:

Absence of Red TapeFreedom to InnovateCustomers Drive Choices

Disadvantage

Limited Product RangesDangers of Profit MotiveMarket Failurescommand way of running the cafeteria.

There are advantages and disadvantages of running the cafeteria in either way. In the original example, the cafeteria is being run like a command economy. In this scenario, all students are looked after; the meals are cheaper because they are government subsidized, and the food is healthier because the students do not have as much of a say. Some disadvantages of this way of running the cafeteria include that the students are very dissatisfied with the school food, there are feelings of frustration because the principal won’t listen to the students’ requests, and the students have turned to a silent rebellion to voice their opinion. Running the school like a market economy also has advantages and disadvantages. The students are far more satisfied with their school food, and are pleased that their voice is listened to, however they are eating less healthy foods, and the lunch is more expensive because it is not government.

identify business equipment or resources required to complete task under direct instruction?​

Answers

Answer:

Explanation:

Estimate quantities and resources correctly to.

how many languages in South Africa??​

Answers

Answer:

There are 11 languages in South Africa. (Afrikaans, English, Ndebele, Pedi, Sotho, Swati, Tsonga, Tswana, Venda, Xhosa, and Zulu)

Answer:

eleven languages in total

List the basic elements of business plan

Answers

Answer:

Company Description

Market Analysis

Competitive Analysis

Marketing Plan

Sales Strategy

Explanation:

Mark me the brainliest if it helped

You receive a call from "Credit Services." The person on the line compliments you on your great credit history and also informs you that you have qualified for a card with better features and a lower rate. They’ll only need a few minutes of your time to go over some personal information before they can get the card out to you. Which of the following is the biggest red flag in this scenario?
A. You'll have to provide personal information.
B. They'll only need a few minutes of your time.
C. You have qualified for a credit card.
D. You received a call from "Credit Services."

Answers

I took the test your answer is C

John King is saving for a new house he wants to build in two years and has invested in what he believes is an undervalued financial asset. King believes the asset will double in value. Which of the following limitations might prevent King from achieving his goal?
A. Fundamental risk
B. Implementation costs
C. Model error

Answers

A. Fundamental risk
(Is the correct answer)

Discuss reasons why a business needs funding ?

Answers

Answer:

Firms need finance to:

start up a business, eg pay for premises, new equipment and advertising.

run the business, eg having enough cash to pay staff wages and suppliers on time.

expand the business, eg having funds to pay for a new branch in a different city or country.

How successful was the new growth path in influencing economic growth and development in South Africa

Answers

Answer:

not successful

Explanation:

Depreciation is incorporated into the discounted cash flow analysis of an investment proposal because it: Select one: a. Is a cost of operations which cannot be avoided. b. Results in an annual cash outflow. c. Is a cash inflow. d. Reduces the cash outlay for income taxes

Answers

Answer:

the answer is b

Explanation:

cause its the annual cash outflow

Depreciation is incorporated into the discounted cash flow analysis of an investment proposal because it results in an annual cash outflow. Thus, option (b) is correct.

What is cash flow?

The term cash flow refers to the movement of the cash are the flow out of the business. There are the three types of the cash flow such as investing activities, financing activities, operating activities.

Depreciation is a non-cash item, hence it must be brought back to the cash flow statement in the operational activities column, along with other expenses like amortization and depletion. Depreciation might be considered a cash inflow because it reduces the business's cash outflow indirectly.

As a result, depreciation is incorporated into the discounted cash flow analysis of an investment proposal because it results in an annual cash outflow. Therefore, option (b) is correct.

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what is correspondence in business. Briefly explain the qualities of a good letter​

Answers

Answer:

Business correspondence means the exchange of information in a written format for the process of business activities. Business correspondence can take place between organizations, within organizations or between the customers and the organization. The correspondence refers to the written communication between persons

Answer the following questions, a) Explain different types of professions related to financial sector. b) What qualification is required to become Assistant Accountant? c) Write the role of assistant accountant in organization. d) What are the duties of an Accountant?​

Answers

Explanation:

the different types of professions related to financial sector are auditor accountant CA bank manager

Identify an accurate statement about behavioral targeting. Multiple choice question. It has made it harder for firms to target smaller segments. It focuses on larger markets rather than market segments. It has enabled firms to target large market segments for the first time. It makes individualized communication more cost effective.

Answers

The statement "It makes individualized communication more cost effective" is an accurate statement about behavioral targeting.

Behavioral targeting is a marketing process where companies use user information of uses to appeal to the public and make advertisements based on their interests. This is a marketing ploy used by businesses to make advertisements accordingly.

Behavioral targeting is done by tracking the online activity of consumers and making advertisements related to their browsing history. For instance, the ads that we see on different sites are based on whatever we browse on online shopping sites. This is how companies or servers use our browsing history, web searches, purchases, or even frequented sites to try to appeal to our interests. In this regard, behavioral targeting makes individualized communication more cost-effective.

Behavioral targeting is when consumers are targeted based on their web searches and purchasing history by using this information to show ads related to such activities. Thus, the correct answer is the fourth option.

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How do you redeem a winning lottery ticket?

Answers

which state because different states have different ways

Without ____, it would be impossible to stay in business.
Group of answer choices

growth

profit

IPO

marketing

strategy

Answers

Your answer is profit!

a) Explain different types of professions related to financial sector.​

Answers

Answer:

Positions in the commercial banking sector include bank tellers, loan officers, operations, marketing, and branch managers

Which of the following is a factor in determining what laws and regulations
affect a particular business?
A. Business name
B. Date business was founded
C. Business size
D. Design of business logo

Answers

It’s d so yeah it’s d

education opens the door to employment.

Answers

Answer:

yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.

Yes correct perfect

what do you mean by office personal

Answers

Answer:

an office personal is a private office space.so having a private office you have more privacy and this can result in higher productivity if your work requires full concentration.

Explanation:

hope that help

The first step in human resource planning is to create a job analysis. establish a strategic plan. assess future human resource demand. create an inventory of the organization's employees.

Answers

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The answer will be assess future human resource demand. Why? Well, let's consider all the options given. For Human Resource (HR) planning we cannot straight away jump to creating a job analysis without deciding on one job & how much it's worth or important in the future. The second option is to create or establish a strategic plan. That too won't work without knowing which occupation is needed more in the future. 4th -> create an inventory of the organization's employees. Well, that's a no-no, we need to find a future-needy job before selecting the people. So, the 3rd option is the most appropriate answer.

___________

Hope it helps.

RainbowSalt2222

Which of the following is NOT a function of the Federal Reserve?

To promote stability of the financial system.

To collect taxes from taxpayers.

To conduct monetary policy.

To provide banking services to commercial banks.

To provide banking services to the federal government.

Answers

Answer:

To collect taxes from taxpayers

the us saving and loan crisis of 1970s

Answers

Answer:

none of these describe the savings and loan crisis

Answer:

E (none of these)

Explanation:

The roots of the S&L crisis lay in excessive lending, speculation, and risk-taking driven by the moral hazard created by deregulation and taxpayer bailout guarantees.

Mr. Porter sells 10 bottles of champagne per week at a price of $50 per bottle. He can sell 11 bottles per week if he lowers the price to $45 per bottle. The quantity and the price effects on total revenue would be, respectively:

Answers

Answer:

See below.

Explanation:

Solve for bottles at $50:

10 × 50

$500 per week

Solve for bottles at $45:

11 × 45

$495

Mr. Porter would make more money by sticking with selling 10 bottles a week at $50 each. This is because the latter requires him to sell one extra bottle and he will still lose $5.

explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and triple bottom line​

Answers

The main purpose of  a business is to make profit. A businessmen will feel secure to operate his business activities in a country where he feels himself and his business activities secure.

When the shops and malls are looted in a country, the businessmen will have feeling of insecurity and so they will shut down their business activities because whatever profits they make from running business, it is looted by robbers.

There is always some social responsibility of the citizens that even in case of emergency situations they should not be unethical activities and indulge in criminal activities.

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wat is the definition of economics​

Answers

Economics is a social science concerned with the production, distribution, and consumption of goods and services. ... Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses.
the branch of knowledge concerned with the production, consumption, and transfer of wealth. The condition of a region or group as regards material prosperity.

A business opportunity that match traveling​

Answers

Answer:

Steward or stewardess assistant

Explanation:

Like a plane servant ,if u r up for it though...

FCCLA's mission is: to promote personal growth and _______ ________ through family and consumer sciences education.​​

Answers

Answer:

FCCLA's mission is:to promote personal growth and leadership development through family and consumer sciences education.

Select all that apply Select those items that describe consumer behavior. Multiple select question. It is a multidimensional process. It is a simple, straightforward process. It is a complex process. It is influenced by a number of factors. It is a process independent of any outside influence.

Answers

Consumer behavior is a difficult & complex process, affected via a no of factors, and it is a multi-dimensional process.

The following information related to consumer behavior is:

It is the study with respect to the consumers & the process at the time of choosing, usage, and sale of the goods & services that involved the responses of the consumers in terms of mental, emotional & behavioral.It develops the ideas that arise from the various science that involved biology, economics, etc.

Therefore we can conclude that Consumer behavior is a difficult & complex process, affected via a no of factors, and it is a multi-dimensional process.

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