This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Cisco is considering opening a financial institution that accepts savings deposits from only its ... (Read 92 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
Cisco is considering opening a financial institution that accepts savings deposits from only its employees and makes loans to only its employees. The best description of this financial institution is that it is a
 
  A) credit union.
  B) savings and loan association.
  C) federal government chartered credit bank.
  D) commercial bank.
  E) savings bank.

Question 2

During an economic expansion, the demand for money ________ because ________.
 
  A) decreases; nominal GDP increases
  B) increases; real GDP increases
  C) increases; nominal GDP does not change
  D) does not change; people make more purchases with credit cards
  E) decreases; real GDP increases


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


jlmhmf

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 29, 2018
Thank you :)


IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Types of Ore Deposits—Sedimentary Types of Ore Deposits—Sedimentary
Ore Deposits That Can Form in Stratovolcanoes Ore Deposits That Can Form in Stratovolcanoes
A spark plug from an engine that had a blown head gasket. The white deposits could be from the ... A spark plug from an engine that had a blown head gasket. The white deposits could be from the ...
Mechanisms of stomatal opening and closing Mechanisms of stomatal opening and closing
Glacial deposits overlain by marine carbonates formed in very warm water Glacial deposits overlain by marine carbonates formed in very warm water
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Video: Inflammation

For a complete list of videos, visit our video library