Name some financial intermediaries. How do they make profits?
Question:
Name some financial intermediaries. How do they make profits?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Financial intermediaries include banks credit unions insurance companies mutu...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Jim McNerney is racking up quite a record at 3M. Now, can he rev up its innovation machine? Jim McNerney was one of those boys: up early in the morning climbing trees while everybody else in the...
-
Two experienced managers at Wilson Boat, Inc. are resisting the introduction of a computerized exponential smoothing system, claiming that their judgmental forecasts are much better than any computer...
-
Use the following graph for Yolanda's Frozen Yogurt Stand to answer the questions on the next page. a. Use the midpoint formula to calculate the price elasticity of demand for D1 between point A and...
-
How much work is required to stop an electron (m = 9.11 x 10-31 kg) which is moving with a speed of 1.10x106 m/s ? Express your answer to three significant figures and include the appropriate units....
-
The file congress contains the voting record sample from the U.S. House of Representatives. These data include the voting record for 445 representatives on 1647 issues with votes recorded as 21 for...
-
A Chinese manufacturing subsidiary produces items sold in Australia. The items cost the equivalent of $7.00 to produce and are sold to customers for $9.50. A Cayman Islands subsidiary buys the items...
-
Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 430,000 shares of $10 par common stock and 60,000 shares of 5 percent cumulative class A preferred stock. The class A stock...
-
On a saving supply and investment demand diagram, explain what happens to equilibrium real interest rate and equilibrium quantity, for the following scenarios: a. Households increase their...
-
An opinion column by Steven Ratner in the New York Times observed, As recently as 1990, the economies of China and India were roughly the same size. Today, Indias gross domestic product per person...
-
The figure below shows the graph of y = sin (x - c) for c = - Ï/4, 0, and Ï/4. (a) How does the value of c affect the graph? (b) Which graph is equivalent to that of y = -cos (x +...
-
What will the multiplier be when the MPS is 0, 0.4, 0.6, and 1? What will it be when the MPC is 1, 0.90, 0.67, 0.50, and 0? How much of a change in GDP will result if firms increase their level of...
-
Suppose that an economy begins in long-run equilibrium before the price level and real GDP both decline simultaneously. If those changes were caused by only one curve shifting, then those changes are...
-
On 1 October of the current year, Bourdon Company paid \$396 for a two-year comprehensive insurance policy on the business' building. Required: a Prepare the journal entry to record each of the...
-
A bank borrows $100,000 from the Fed, leaving a $100,000 Treasury bond on deposit with the Fed to serve as collateral for the loan. The discount rate that applies to the loan is 4 percent, and the...
-
If the multiplier is 5 and investment increases by $3 billion, equilibrium real GDP will increase by: a. $2 billion. c. $8 billion. b. $3 billion. d. $15 billion. e. none of the above.
-
The isotope 24 Na is a emitter with a half-life of 15 h. A saline solution containing this radioactive isotope with an activity of 600 kBq is injected into the bloodstream of a patient. Ten hours...
-
Cleaning Service Company's Trial Balance on December 31, 2020 is as follows: Account name Debit Credit Cash 700 Supplies Pre-paid insurance Pre-paid office rent Equipment Accumulated depreciation -...
-
Inflation is not possible under the gold standard. Is this statement true, false, or uncertain? Explain your answer.
-
Why did the exchange-rate peg lead to difficulties for the countries in the ERM when German reunification occurred?
-
Why did the exchange-rate peg lead to difficulties for the countries in the ERM when German reunification occurred?
-
Two solid steel shafts are connected by gears B and C. Knowing that for each shaft G = 70 GPa and that the allowable shearing stress is 40 MPa. Determine (a) the largest torque To that may be applied...
-
Approximate the gravimetric capacitance of this MOF from the cyclic voltammogram at 200 mV s. The mass of MOF on the electrode surface is 10 mg. 30 30 200mV/s 150mV/s 100mV/s 50mV/s 20mV/s E 20-...
-
4) 2 kg of Refrigerant 134-a is contained in a constant volume tank as a saturated vapor. When it is heated, the refrigerant pressure and temperature become 400 kPa and 50C, respectively. Determine...
Study smarter with the SolutionInn App