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normative economics

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Q: To say that all transactions should be voluntary this statement involves?
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If transactions not made by the Cardholder appear on the Statement of Account the CH should dispute them with the card-issuing bank within how many days of the transaction date?

90


If transactions not made by the Cardholder appear on the Statement of Account the Card Holder should dispute them with the card-issuing bank within how many days of the transaction date?

90


The concept of voluntary exchange means?

Term voluntary exchange Definition: The process of willingly trading one item for another. The emphasis here is on "willingly." Voluntary exchanges are the heart and soul of market transactions, and should be contrasted with the "involuntary" exchanges mandated by government taxes, laws, and regulations. While involuntary government-forced exchanges play an important role in a mixed economy, economists really, really like voluntary market exchanges because they promote economic efficiency.


If transactions not made by the cardholder appear on the statement of account the card holder should dispute them with the card issuing Bank within how many days of the transaction date?

30


How do you calculate a balance on a check register?

With the use of a latest bank statement from your bank or off of an Internet bank statement, check off all transactions on your check register listed from your bank statement. After all cleared transactions have been checked on register, add all non- cleared (non-checked) debit items. Add all non-added or non-listed deposits with current checking balance from statement. Subtract the balance of the non-checked debits from the balance of the non-checked deposits & checking statement balance. Your difference should match check register balance.


What is the definition of voluntary exchange?

INVOLUNTARY EXCHANGE: is The process of being forced to unwillingly trade one item for another. The key term here is on "unwillingly." For all practical purposes, involuntary exchanges is essentially another term for government taxes, in which people are forced to give part of their income to government in "exchange" for government services. Involuntary taxes should be contrasted with the "voluntary" exchanges that are fundamental to market transactions.


Which step should a writer take after writing a first draft of a personal statement?

After writing a first draft of a personal statement, a writer should take the time to revise and edit the content. This involves reorganizing ideas, improving clarity, checking for grammar and spelling errors, and ensuring that the statement effectively conveys the intended message. Feedback from peers or mentors can also be helpful in refining the personal statement.


What should a businesses financial statement contain?

it should contain statement of comprehesive statement, statement of financial position and statement of cashflows


How do you reconcile pass book to cash book?

Reconciliation process is called "bank reconciliation statement" under which both company accounts balance of cash and bank is reconciled with balance of bank account provided by bank statement. The process is that first of all one statement is treated as base statement, it may be bank statement or books bank account but it is normally bank statement and after that the second statement balance is reconciled for any unrecorded transactions or any cheques issued but not presented in bank and after the reconciliation is completed both book's bank account as well as bank statement balance should be tally otherwise any discrepancies should be investigated and resolved.


Does best buy have cameras recording credit card transactions?

No they should not. The security of credit card transactions should mean that the only information the store should be keeping is how much was spent in store each day


Schools should be voluntary?

NO! it should not be for every child in life decerves a good education!


What should you do if there are incorrect transactions on your monthly statement?

To resolve incorrect transactions on your statement, follow these steps: Review Your Statement Carefully: Check every transaction, including the date, amount, and merchant, for any discrepancies or errors. Contact the Merchant: If there's a transaction you didn't authorize, or for a different amount, contact the merchant for resolution. Contact Your Bank or Credit Card Issuer: Notify your credit or debit card company of any errors within 60 days of receiving the statement on which the charge appears. Dispute the Charge: Follow up with a written notice disputing the charge within 60 days of receiving the statement. The letter should include information on your name, account number, amount of disputed charge, date of the charge, and why you believe it's incorrect. Review Your Account Regularly: To prevent future incorrect transactions, set reminders to review your statements regularly. You can also use expense tracking mobile apps to manage your finances. A sample letter format can be found in the attachment or can you can follow link.