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Matteo Kunze

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2y ago
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Cards in this guide (13)
What is money in a checking account called

Money in a checking account is called demand deposit.

In which year was the Federal Reserve System created

1913

What is the simplest way to create capital

the public and private sectors save more
erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S

This form of business organization is used by some professional workers like doctors and lawyers

Partnership

Certain types of these large business organizations existed during the Colonial Era

corporation(:

Which of these describes a time deposit

Money in a savings account is an example of a time deposit.

Which of these functions of money allows people to save their money to use in the future

Storehouse of value. (:

This federal corporation insures money deposited in member banks
The owner makes all of the decisions

Proprietorship

Only one person is liable if the business fails

proprietorship

Would the electric company b most likely be a profit or nonprofit corporation

The electric company would have to be a for profit company, they provide a service at a marked up price, making them for profit.

Is a partnership firm has any legal entity

No, a partnership firm has no legal entity. Registering the partnership firm means registering the partnership relation. firm has no separate legal entity.

Which tools does the government use to regulate and keeps banks from over extending themselves

Require assets

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