Select the TRUE statements.
a. NSF stands for "non-sufficient funds." Over 75 percent of...
Select the TRUE statements.
a. NSF stands for "non-sufficient funds." Over 75 percent of the country's money in circulation is in checking accounts.
b. In some cases banks have charged anywhere from $18 to $250 for an overdraft.
c. Some banks offer interest on the money that is in the checking account.
d. The payee is your personal autograph attesting to the validity of the checking account.
e. When you talk with a customer service representative, you can tell them of your particular needs in opening a checking account.
f. One of the steps towards what many people call a "cashless society" was when the postal currency was introduced.
Answers: 3
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Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.
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What business practice contributed most to andrew carnegie’s ability to form a monopoly?
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As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.
Answers: 2
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