The horizontal demand curve

Q: People should buy bonds when they think that interest rates are as high as they will go.

A: A bond is a financial instrument that allows an issuer to raise capital by borrowing money from…

Q: What challenges would you face if we lived in a society without money and would require a barter…

A: Barter system is a economic system where goods are exchanged in terms of another goods.

Q: an saw an item at a local department store that she considered purchasing but did not. After getting…

A: Forgery: It refers to a situation in which the people signs or copy the signature of some other…

Q: Your friend Tim wants to open a checking account, but he's not sure how to do it. List the steps.

A: A checking account is a sort of bank account that enables you to deposit and receive money for…

Q: What is coinsurance

A: Co-insurance is the amount that you are required to pay for a medical claim, apart from any…

Q: The cost of money is established and measured by an interest rate. True or false?

A: Answer - Cost of Money -  Cost of the money is amount of interest can be charged on the money…

Q: discuss why people working in the finance industry might make unethical decisions.please give a…

A: Introduction and Example Regardless of whether it's a chief or forefront worker, it appears to be…

Q: Suppose you have $5,000 as a gift from your parents just after you graduate. You have a car, your…

A: Insurance is a contract in which a person pays a firm and the company agrees to pay money if the…

Q: Items T/T M/T D/D Methods of transfer Airmail Time of transfer Slow Method of Authorized…

A: Transactions are done in the bank mainly by the three methods, and they are very different from each…

Q: What does it mean to be Risk Averse?

A: The risk refers to outcomes that are uncertain.  The outcome of the decision is not certain and…

Q: revenue

A: Demand refers to the amount of an awesome service that customers are willing and able to purchase at…

Q: Selecting a Bank: Veronica plans to open a checking account with her $1,200 tax refund check. She…

A: Monthly charges by a bank refer to the fees that customers are required to pay on a regular, usually…

Q: keep a Renewable Term policy active, the insured must do which of the following? A. Submit a renewal…

A: Renewalable term insurance can offer monetary insurances long before a significant individual…

Q: What is a good exercise that you can perform if you want to reduce the amount of money that you…

A: Money refers to a unit of account and the value of different commodities can be expressed in…

Q: Why are the financial statements important in business?

A: Financial statements are the written records which conveys the activities of business and financial…

Q: What is business circle?

A: The fluctuation in the economic activity is tracked by the business cycle or circle. In an economy,…

Q: How do insurance companies make money?

A: As a for-profit firm, an insurance company must develop an internal business model that collects…

Q: Your 13-year old cousin knows that you are in college and learning corporate finance. She is very…

A: Compounding is the process of generating earning on an investment's earnings.Finding the present…

Q: Are there gender differences in making financial decisions?

A: Financial decisions involve choices about how to allocate and manage money, assets, and resources to…

Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.