Credit unions differ from retail banks because they are

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Answer 1

In the finance industry, the Credit unions differ from retail banks because they are owned by their members.

What is a Credit unions?

It is a financial institution very similar to a commercial bank which is a member-owned nonprofit financial cooperative.

What is a retail banks?

It is a financial institution that offers personal banking to the general public, rather than to companies, corporations or other bank

In conclusion, the Credit unions differ from retail banks because they are owned by their members.

Related Questions

What country borders the caspian sea, the persian gulf, and the gulf of oman?.

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Iran, is the country that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

Which countries lie along the Caspian sea, the Persian gulf and the gulf of Oman?

Iran country lies in the Middle-East of the Iraq and Pakistan, that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

The inland sea is connected to the Gulf of Oman from the East and the countries that lie along the Persian Gulf and the Gulf of Oman are Oman, Iraq, Kuwait, Saudi Arabia, etc.

Strait of Hormuz connects the the Persian Gulf to the Arabian Sea.

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_____ is a guaranteed line of credit in which a bank makes a binding commitment to provide a business with funds up to a specified credit limit at any time during the term of the agreement.

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A guaranteed line of credit in which a bank agrees in writing to offer a company is a revolving credit arrangement that allows for the use of a specific credit limit at any point during the agreement's term.

What exactly is a bank-guaranteed line of credit?

A LOC is an agreement that sets the maximum loan amount that a customer can borrow between a financial institution—typically a bank—and the consumer. If the borrower does not exceed the maximum amount (or credit limit) stipulated in the agreement, they may access funds from the LOC at any time.

The business gives the bank its promise in return for a commission charged on the unutilized money.

Revolving credit arrangement will be the appropriate term to put in the supplied gap.

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if the firm sells its product at the market price of $10 per unit, the marginal revenue product of the fourth worker is

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The marginal revenue product of the fourth worker is $50

What is the marginal revenue product?

The product of the fourth worker is equal to the marginal product of the fourth worker.

The amount that production increases when a fourth worker is added and multiplied by the price of the product.

MRP = (26-21)*$10

MRP = $50.

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The marginal revenue product of the fourth worker if the firm sells its product at the market price of $10 per unit is $50.

What is marginal revenue product?

The marginal revenue product (MRP) of labor refers to the extra revenue earned by hiring an extra unit of labor.

Marginal product(MP): This is the the extra unit of output produced as a result of additional unit of input.

MRP of the fourth worker = MP of the fourth worker × price of the product.= (26 - 21) units × $10= 5 × $10= $50

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Question 9 of 12
Households play a role in the circular flow of goods by:
A. selling goods that companies produce.
B. providing natural resources to businesses.
C. designing and producing new goods.
D. purchasing goods at product markets.

Answers

Answer:

la A

Explanation:

Households are a important component in the circular flow of goods. They consume goods that companies produce. Hence, the correct answer is option A.

What is circular flow of goods?

Money is utilized in the economy's circular movement to buy products and services. Money moves in the opposite direction from goods and services throughout the economy. Land, labor, capital, and entrepreneurship are all production elements.

The concept, also known as the circular flow of revenue, because it keeps the record of monetary flows between the sectors in to determine a nation's national income or GDP.

In the two-factor circular flow model, consumer spending moves money from homes to companies in return for the goods and services those businesses generate, and then company labor moves money back to households.

Therefore, in the circular flow of goods household buys goods that companies produce.

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The costs incurred by the firm when new issues of stocks or bonds are sold are called:

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The costs incurred by the firm when new issues of stocks or bonds are sold are called: Flotation costs.

What are flotation costs?

When publicly trade companies issues new securities, these are the costs that are incurred.

These would make the new equity that this firm has to be more expensive than it formerly was.

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Because the market sector features a few large and dominant competitors, the Big Tech marketplace best illustrates a condition where conditions of "Oligopoly" prevail.

What is an Oligopoly?

A market structure known as an oligopoly occurs when two or more companies hold a large amount of market power. They have the power to control supply and prices when acting as a group. When the top 4 companies dominate 50% of a market, it is generally referred to as an oligopoly.

Some key features of Oligopoly are-

Few firms with large market share Oligopolistic firms maintain their position in the market by a number of high barriers to entry.Interdependence - An oligopolistic business will make decisions depending on how they anticipate rivals will respond.Each firm has little market power on its own - each firm has little market power, because other firms are quick to take advantage.Higher prices than in perfect competition - due to their combined market dominance, oligopolies frequently maintain higher pricing in order to generate greater profits.More efficient - Oligopolistic businesses profit from high market shares. They also profit from economies of scale, which allows for cheaper production.

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Which team dysfunction does safe help address with the help of business owners

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The team dysfunction that is addressed by SAFe with the help of business owners is the lack of accountability.

What is the loss of accountability?

This can be defined as the scenario that occurs where people fail to take responsibilities for their lack of actions.

This may impede the growth of a team. Therefore it is very necessary that this is addressed to avoid issues.

Answers

The 95% confidence interval for the mean efficiency of the given batch of motors is 0.885 [tex]\pm[/tex] 0.418 and 41 motors should be tested to cut the confidence interval to one-third

The 95% confidence interval

The given parameters are:

Mean, [tex]\mu[/tex] = 88.5%Standard deviation, [tex]\sigma[/tex] = 0.5Sample size, n = 8

Here, n is less than 30.

So, we use the t-score

At 95% confidence interval and n = 8, the t-score is:

t = 2.365

So, we have:

[tex]CI = \mu \pm t\frac{\sigma}{\sqrt n}[/tex]

So, we have:

[tex]CI = 88.5\% \pm 2.365 * \frac{0.5}{\sqrt {8}}[/tex]

[tex]CI = 88.5\% \pm \frac{1.1825}{\sqrt(8)}[/tex]

Evaluate the quotient

CI = 88.5% [tex]\pm[/tex] 0.418

Express percentage as decimal

CI = 0.885 [tex]\pm[/tex] 0.418

Hence, the 95% confidence interval for the mean efficiency of the given batch of motors is 0.885 [tex]\pm[/tex] 0.418

The number of motors to be tested

When the interval is cut into one third, we have:

[tex]CI = \frac 13 * (0.885 \pm 0.418)[/tex]

Evaluate

[tex]CI = (0.885 \pm \frac 13 *0.418)[/tex]

[tex]CI = (0.885 \pm 0.139)[/tex]

Recall that:

[tex]CI = \mu \pm t\frac{\sigma}{\sqrt n}[/tex] or [tex]CI = \mu \pm z\frac{\sigma}{\sqrt n}[/tex]

Here, we use the z-score i.e.

[tex]CI = \mu \pm z\frac{\sigma}{\sqrt n}[/tex]

By comparison, we have:

[tex]z\frac{\sigma}{\sqrt n} = 0.139[/tex]

Substitute [tex]\sigma[/tex] = 0.5 and z = 1.960

[tex]1.96 * \frac{0.5}{\sqrt n} = 0.139[/tex]

Evaluate the product

[tex]\frac{0.98}{\sqrt n} = 0.139[/tex]

Solve for [tex]\sqrt n[/tex]

[tex]\sqrt n = \frac{0.98}{0.139}[/tex]

Evaluate the quotient

[tex]\sqrt n = 7.1[/tex]

Square both sides

n = 49

The initial sample size is 8.

Subtract 8 from 49

Difference = 49 - 8

Difference = 41

Hence, 41 motors should be tested to cut the confidence interval to one-third

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which of the following is not correct with respect to using bcc for recipients of a message?

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The option that is not correct with respect to using bcc for recipients of a message is this:

It should be the default for all correspondence.What is the Blind Carbon Copy?

Blind carbon copy is a way of preventing the recipients of a bulk message from viewing the other addressees. While it is a very good privacy option, it is not expected to be the default for all correspondence.

Sometimes, the addressees might have to view their counterparts so BCC is enabled in such cases.

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imagine that a new study reveals that onion consumption is correlated with cancer. this shift in popularity will likely cause the new demand curve to run through which of the following points?

Answers

If there is a study that shows that onion causes cancer it would cause the new demand curve to go lower on its points.

How is the demand for onion going to be affected.

Given that it has been established that onion consumption leads to cancer. There would be a great reduction in the number of sales for onion.

People would want to stop consuming the product so that they would nit be affected by the disease.

Answers

If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.

What is structural stagnation?

This stagnation is attached to economies that are matured and it occurs when growth rate do the economy decreases rather than increasing.

The population may be decreasing and yet the country is experiencing stagnation.

Therefore, If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.

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Answer it ....the question is in the pic

Answers

Answer:

business activities in India

1) Manufacturing -

When product is manufacture or made to that it cn be sold in Market 2) storage -

After the product is ready it required some space to store until it would sold in the market

3) transporting

as per the demand it will transport from one place to another

4) financing -

It requires some money to meet the expense before solding a product

5) marketingto let people know about the product so that more products will be sold

There are other activities also such as managing, accounting etc

Select all that apply
Which two ideas form the foundation for the reinforcement perspective? (Choose every correct answer)

Answers

The ideas that form the foundation for the reinforcement perspective include organizational justice and job enlargement.

What is perspective?

It should be noted that perspective simply means the point of view of an individual regarding a particular issue.

In this case, the ideas that form the foundation for the reinforcement perspective include organizational justice and job enlargement.

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Answer:law of effect

Operant conditioning

Explanation:

The interaction of world supply and demand determines the equilibrium ______.

Answers

The interaction of world supply and demand determines the equilibrium world price.

What is Supply?

Supply can be seen as the number of resources, goods, or products a producer or manufacturer is willing and able to provide to an individual or marketplace.

The relationship between the world supply and demand determines the level of equilibrium of the world price for that particular product.

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Marketing ethics can be defined as: Group of answer choices a broad concept that relates to a firm's obligation to maximize its positive impact on society. that part of a corporate culture that relates to a firm's expectations about appropriate conduct. principles and standards that define acceptable marketing conduct. activities involving extra steps to increase the firm's overall positive impact on society, the local community, and the environment. the economic responsibility of making a profit.

Answers

Marketing ethics can be defined principles and standards that define acceptable marketing conduct.

What is Marketing ethics?

Marketing ethics can be regarded as the principle that guides the process of marketing so as to be able to achieve the goal of increase in the profit of the organization.

Therefore, Marketing ethics can be defined principles and standards that define acceptable marketing conduct.

Answers

High taxes in theory would slow the economy because they redirect money from the private sector to the government and reduce consumption.

How do high taxes slow the economy?

The economy grows when the private sector produces more and grows. High taxes will take money from this sector which would leave less cash for growth investment.

High taxes also reduce the amount that people have for consumption which would reduce Aggregate demand.

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The monetary arrangements made at bretton woods resulted in what type of exchange rates assigned to member nations’ currencies?

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The monetary arrangements made at bretton woods resulted in fixed exchange rates assigned to member nations’ currencies.

What is fixed exchange rate?

Fixed exchange rate can be defined as the way in which currency does not varies but it is fixed.

When an exchange rate is fixed this means that the currency of a nation or country is fixed to another country currency and does not fluctuate or vary.

Therefore the monetary arrangements made at bretton woods resulted in fixed exchange rates assigned to member nations’ currencies.

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What might a concept include along with a brief written description of the product?

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Along with a brief description of a product, a concept might include a visual image to satisfy the customer.

What is a Visual image?

A visual image is a visible drawing or diagrammatic expression that represents a concept. A visual image gives an idea of the product and gives a detailed description of what to expect of the product.

When advertising a product, a visual image is needed to satisfy or convince a customer on the particular product.

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Categories for housing structures with different attributes include:

Answers

Categories for housing structures with different attributes includemultiple-unit dwelling.

What is housing structures?

Residential structure can be regarded as the structure that is been used, which is very suitable for dwelling which could be a single- or multi-family home.

This could be categorized as :

house trailermotor home,mobile home condominium

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Which best explains why international trade agreements are beneficial for developing economies?.

Answers

They can help countries to grow quickly.

When division of labor is extensive, a. employees are often highly challenged. b. employees specialize in many tasks. c. jobs tend to be large. d. employees specialize in a single task. e. employees are often inefficient.

Answers

When there is an extensive labor division than employees specialize in a single task. Thus the correct option is (D).

What is Division of labor?

The concept of the Division of the labor is included in the 14 principles of Henry Fayol which refers to the breakdown of the work of the labor which is to be performed by the specific worker.

The Division of labor leads to the specialization of the specific task. In other words it can be said that the labor or worker becomes the expert in his particular field of job.

Therefore the correct option is (D).

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Archaeologists found an ancient inca tomb under an ordinary home in which world capital?.

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An Ancient Inca tomb was founded by the archaeologists in the capital of Peru under an ordinary home.

Who were the archaeologists?

Archaeologists are the individuals who study the artifacts of historical eras and also excavate the sites that existed in the ancient era.

Archaeologists have found the tomb of the Inca civilization which was wrapped in cloth along with burials of ceramics and fine jewels of that time. It was a structure built over the time span of 500 years back. The tomb was one of the most prominent architects of the Inca civilization.

Therefore, the archaeologists found the tomb of the Inca Empire in the capital of Peru.

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An increase in a firm's total asset turnover will:

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An increase in a firm's total asset turnover means that the company is more efficient at using its assets.

What is Asset turnover ratio?

Asset turnover ratio can be regarded as the ration that is found which describes the value of a company's sales and value of its assets.

It help the company to analyze the efficiency of the company in deploying its assets.

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Suppose the government grants a subsidy to the producers for every car produced. The change in the amount sold will be greater when:

there is a greater number of close substitutes available to the consumer

the price elasticity of demand is inelastic.

the price elasticity of demand for cars is greater

the amount of the subsidy is smaller

Answers

The change in the amount sold will be greater when the price elasticity of demand is greater than 1. (option 3).

What is price elasticity of demand?

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is elastic when the coefficient of demand is greater than one. This means that for a small change in price, the quantity demanded would be greater.

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5. how do you think magellan's discoveries affected the market demand curve for
spices? what do you think is the main reseason for any change in the market demand
curve for cinnamon during the past 500 years?

Answers

Magellan's discoveries affected the market demand curve for spices by shifting it to the right which meant demand increased.

A change in the market curve for cinnamon would be due to an increase in demand.

How did Magellan's discovery affect the market for spices?

Thanks to Magellan, Europeans were able to get more spices from India and SE Asia without having to go through Arabic lands.

This increase the supply of spices which led to the prices of spices falling. As prices fell, demand then rose to benefit from the lower prices.

This increase in supply was why the market demand curve for cinnamon changed.

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When the same payer issues the primary, secondary, or supplemental policies, the correct procedure for submitting the claim would be to submit __________. a. primary first, followed by secondary and supplemental b. three separate claims c. one claim for all policies d. a separate claim for each policy

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When the same payer issues the primary, secondary, or supplemental policies, the correct procedure for submitting the claim would be to submit: c. one claim for all policies.

What is insurance claim?

An insurance claim can be defined as the way in which a policyholder request that the insurance company under which the policyholder is covered pay for the damage or damages the policyholder incurred.

In a situation where the same payer issues both primary and secondary polices they have to submit one claim for all the policies.

Therefore the correct option is C.

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The costs of producing, distributing and promoting the product will all influence the product's:

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The costs of producing, distributing and promoting the product will all influence the product's PRICE

What are products?

Products are goods and services offered by an organization. These products can be tangible or intangible. Most intangible products are in form of ideas.

The costs of producing, distributing and promoting the product will all influence the product's price. The higher the price, the lower the level of demand and vice versa.

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What does the information demonstrate about alex’s investments?

Answers

The information demonstrates about that Alex's investments would most likely would have benefited by diversifying.

What is a diversification?

This refers to the act of adopting a growth strategy that involves entering into a new industry while also creating a new product for that new market.

Hence, based on the information given, it is deduced that Alex's investments would most likely would have benefited by diversifying.

Answers

MM demonstrated that debt financing is neither better nor worse than equity financing in the absence of taxesthe asset to be financed is the sameWhat is debt financing?

Debt financing is the process through which a business sells debt instruments to retail and/or institutional investors in order to raise funds for working capital or capital expenditures. The people or organizations receiving the funds become creditors and are given the assurance that the principal and interest on the loan will be paid back. The other method of raising money in the debt markets is by issuing stock in a public offering; this process is known as equity financing.

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The failure to properly record an adjusting entry to accrue an expense will result in an:

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The failure to properly record an adjusting entry to accrue an expense will result in an understatement of expenses and an understatement of liabilities. This is further explained below.

What are expenses?

Generally, expenses are simply defined as what it would take or what it would cost to do anything.

In conclusion, Incorrectly recording an accrual adjustment entry will result in a misstatement of both costs and liabilities.