This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is true of other checkable deposits? a. They are checking account deposits ... (Read 113 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
Which of the following is true of other checkable deposits?
 a. They are checking account deposits at commercial banks and do not pay any interest.
  b. They are accounts at financial institutions that pay interest and give the depositor check-writing privileges.
  c. They comprise solely of demand deposits at mutual savings banks.
  d. They are not included in the M1 money supply.
  e. They are savings deposits that earn interest at savings and loan associations.

Question 2

Beach resorts raise their prices during the summer months and yet more people book rooms at those times. Is this a violation of the law of demand?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

b

Answer to Question 2

No. During summer months, the demand for beach resort accommodations tends to increase, pushing up both prices and occupancy for the duration. An increase in demand (a shift of the curve. occurs. This does not violate the law of demand, which states that there is an inverse relationship between price and quantity demanded, all other things being equal.




cartlidgeashley

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
:D TYSM


TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

For a complete list of videos, visit our video library