Demand deposits - Study guides, Class notes & Summaries

Money allows people to transfer dollars, and therefore purchasing power, into the future. This is an example of which of the 4 roles of money? correct answers Store of Value Money provides a common unit in which all prices and listed and all debts are recorded. This is an example of which of the 4 roles of money? correct answers Unit of Account Money provides convenience in that it is what we use to buy goods and services. This is an example of which of the 4 roles of money? correct answer...

Junior Mortgage ~ Any mortgage recorded after the first mortgage . Deficiency Judegement ~ Money still owed by the borrower if the foreclosure sale does not bring in enough money to pay the debt owed Demand deposits ~ These banking deposits- such as those made to a checking or traditional savings account must be made available upon demand Interim Financing ~ Generally short term, this kind of financing is obtained to finance a construction project and is usually open-ended Cons...

ECON Final Economists typically define money as: A. anything in which its value can be inflated. B. a means of payment that lacks intrinsic value. C. currency that is issued by a central bank. D. a widely accepted means of payment. - ANSWERS D Are checking accounts money? A. No, because checking accounts cannot be traded for goods and services. B. Yes, because checking accounts can be used to buy goods and services. C. No, because checking accounts are not physical money. D. Yes,...

Personal Finance, 6e (Madura) Chapter 1 Overview of a Financial Plan 1.1 How You Benefit from Personal Finance 1) Most Americans will never be able to understand and develop a personal financial plan. Answer: FALSE Diff: 1 Question Status: Previous edition 2) The simple objective of financial planning is to make the best use of your resources to achieve your financial goals. Answer: TRUE Diff: 2 Question Status: Previous edition 3) An understanding of personal finan...

Environmental management Detail non-renewable sources of energy ️️-fossil fuels and nuclear fuel -they're finite and could eventually become completely exhausted -they dominate global energy Detail renewable energy ️️-can be used over and over again -they're mainly forces of nature that are sustainable and usually cause little or no environmental pollution -renewable energy includes hydro-electric, biomass, wind, solar, geothermal, tidal and wave power Detail general energ...

Champions Real Estate Finance 2 Versions Exam With Perfect Questions And Answers The consummation of a real estate transaction in which all appropriate documents are signed and the proceeds of the mortgage loan are then disbursed by the lender. - Closing Includes collecting monthly payments, maintaining records of payments and balances, collecting and paying taxes and insurance ( and managing escrow and impound funds) remitting funds to the note holder, and following up on delinquencie...

Securities Industry Essentials Certification Exam (2024) || With Questions & 100% Accurate Answers Securities Industry Essentials Certification Exam (2024) || With Questions & 100% Accurate Answers All broker/dealers registered with the SEC must be SPIC members except: - ANSWER - - banks that deal exclusively in municipal securities - firms that deal exclusively in U.S. government securities - firms that deal exclusively in redeemable investment company securities What is the definition...

GIA Diamond & Diamond Grading Exam - Questions and Answers (Complete Solutions) A diamond grading system provides a consistent way to communicate diamond quality A wholesaler is someone who sells to retailers Diamond prices on wholesale price lists depend on the market conditions that exist when the lists are published Large, high-quality diamonds are graded much more thoroughly than small, low-quality ones Diamond's supreme hardness and durability are a result of the conditions under which i...

WGU D089 Principles of Economics Questions and Answers 100% Pass Absolute Advantage The capability to produce more of a given product using less of a given resource than a competing entity Absolute Quota Strictly limiting the quantity of goods that may enter a country Accounting Profit Total revenues minus explicit costs, including depreciation Acquisition When one firm purchases another Ad Valorem Tariffs Import tax based on a fixed percentage of the assessed commercial value of imported g...

Law of supply When market price increases, supply increases (incentive to supply more is higher because firms can make more $) Movement along the curve Shift in the curve: Changes in supply outside of price (more secular changes - new tech, etc) Law of demand When market price increases, demand decreases Shift in the curve: Changes in demand outside of price (demand can shift to another related good if something affects the original good (E. Coli in beef -- shift to chicken)) Equi...