Do you think technology helped spread the ideas of the credit spending spree during the 1920s

Q: The financial system must ensure the availability of efficient credit facilities to allow greater…

A: Credit Facilities: Credit facilities are loans that businesses take to run their operations. A…

Q: How does the Federal rate affect mortgage rates?

A: A mortgage is simply a house loan and a mortgage rate is the interest rate on such a loan. Through…

Q: What is the most important way for an economy to recover from an economic crisis caused by credit…

A: Credit denotes a loan, while credit growth denotes the taking of more loans. Credit expansion is the…

Q: what is the purpose of the national credit act

A: In a market, various acts are implements to protect the interest of the market participants. The…

Q: What is the role of commercial banks in the economy? Why are they important?

A: There are some business cycles which have to be known by the business management and also the…

Q: Examine the principal-agent problem in credit markets. What impact can policies that limit how much…

A: The principal-agent problem in the credit market refers to when the interests of the principal…

Q: Explain why someone might want to put a “red flag” on their own credit report.

A: A red flag refers to a warning that is put on the credit report if something suspicious, fraudulent,…

Q: why do we need banks and financial institutions

A:

Q: Define the term the Truth in Lending Act?

A: In 1968, the federal enhanced a law known as Truth in Lending Act (TILA) to protect the consumers…

Q: Discuss how the national credit act deals with information held by the credit bureaux

A: The National Credit Act, 2005 is aimed to provide betterment of credit market in terms of fairness,…

Q: Identify whether it is true or false BANK RATE IS A QUALITATIVE METHOD OF THE CREDIT CONTROL IN THE…

A: According to the given question Option is FALSE Reason BANK RATE IS NOT AN QUALITATIVE METHOD OF THE…

Q: Discuss the effect that the COVID-19 pandemic has had on credit creation, citing relevant examples.

A: Credit creation is the primary function of the commercial banks through which banks functions. For…

Q: What caused Silicon Valley Bank to reach the national and international headlines and breaking news?

A: Silicon Valley Bank made a news when it was seized by California regulators on friday after…

Q: what are the three main credit bureaus? They should explain how each one works and how they are…

A: This chapter is related to credit bureau. Credit bureau, also known in the US as credit reporting…

Q: How does Micro Credit differ from money center banks?

A: Introduction Microcredit is a type of microfinance that essentially gives an individual a very…

Q: Name any two quantitative tool to control credit creation in an economy

A: The measures which manipulates the overall volume of the credit flow in an economy are term to be as…

Q: what if the Bank of Cheap Loans tries to charge an even lower rate?

A: A number of banks and housing finance companies reduce the interest rate for a fee on the floating…

Q: How dose a bank plays a role in inverstment

A: A bank is a financial entity with the authority to accept deposits and provide loans. Retail banks,…

Q: Commercial banks and credit unions can create money and credit. True or False

A: Yes, Commerical banks and credit unions can create money and credit.

Q: What does credit tell you about the consumer culture in the 1920s

A: Credit culture was not that developed during 1920's. It was basically used as a simple transaction…

Q: What was the problem that created bank runs?

A: The problem of bank run arises when individuals who have deposited their money in bank withdraw…

Q: Define what is meant by (pure) credit rationing. Save Answer

A: Rationing is a source of artificial control on the demand and supply of the goods and services.

Q: WHAT ARE credit risk and possible strategies for banks to manage it.

A: Commercial banks keep money deposits and leads money on variable and fixed interest rates. Hence,…