Economists believe that resources should be used as efficiently as possible to: eliminate scarcity
An economist is a British weekly newspaper published in printed and digital demitab format with a focus on the current situation, international business, politics, technology, and culture.
The London-based newspaper is owned by The Economist Group, with major editorial offices in major cities in the United States and the continent of Europe, Asia, and the Middle East. In 2019, the average number of prints worldwide exceeded 909,476. Combined with its digital presence, this is over 1.6 million.
Through her social media platform, she reached 35 million viewers in 2016. Newspapers place a clear emphasis on data journalism and analysis, rather than the original coverage, which has been both criticized and perceived.
Learn more about Micro Economist here: https://brainly.com/question/17996535
#SPJ4
Auditors are required to communicate with the audit committee for all but which of the following: Group of answer choices Critical accounting practices and policies Significant unusual transactions Significant accounting policies and practices The procedures followed by the auditor in evaluating evidence
Auditors would comunicate with the audit committee for critical accounting practices including the significant accounting policies and practices for evaluating certain evidences related to the transaction.
Some of the other communications made to audit committee should be an overall audit strategy with time of the audit and significant risks involved for assessing risks and procedures regarding the transaction.
Auditors are required to solve the financial accounting problems and are not accountable for unusual insignificant transactions and procedures and policies.
To learn more about auditors and committee here,
https://brainly.com/question/14652228
#SPJ1
When company managers formulate strategy decisions resulting from their internal analysis, they are primarily making decisions about how to:_______
a. obtain and allocate critical and scarce resources.
b. reduce costs in their industry.
c. minimize foreign corporate income taxes.
d. grow their company at any cost.
When company managers formulate strategy decisions resulting from their internal analysis, they are primarily making decisions about how to obtain and allocate critical and scarce resources.
What is business strategy?Business strategies are actions created to run and conduct operations, so that the business can grow. They are ways developed by business to create values.
It also involves looking for places in the market, gaining new customers as well as keeping existing customers happy, being able to compete in their field, and achieving goals.
Importance of strategies as it relate to a business are:
It helps define a business hence gives set of values and purpose. It helps a business understand what success actually looks like. It provides a roadmap for our business,Learn more about business strategies here: https://brainly.com/question/8192142
#SPJ1
For marketing to occur, parties involved in the transaction must have which two things? (Select 2 options.) Multiple select question. Promotional advertising or other sales tactics A way to communicate Both the desire and ability to satisfy their needs Possession of thorough research
For marketing to occur, parties involved in the transaction must have which two things:
A way to communicateBoth the desire and ability to satisfy their needsWhat is marketing?This involves creating awareness about product offerings of a firm. It involves drawing the attention of potential buyers to goods and services of a company.
Marketing refers to those action undertaken by firm for promoting purpose to facilitate more sales of its products or services.
Importance of marketing are:
It helps educate people about certain products.Businesses are able to generate more revenue by employing various marketing options.It is a tool that keeps conversation going between a firm and its potential customersLearn more about marketing here: https://brainly.com/question/25754149
#SPJ1
Patterson’s patties is a fast-food hamburger chain with over 1,000 locations worldwide. Recently, the company has been dealing with an e. Coli outbreak in its ground beef causing dozens of diners to get sick. As a result, the chain’s sales are taking a hit. The company is organizing its response to the situation from its small 20-person home office, where morale has also gone down. What medium of communication should the ceo of patterson’s use to communicate with customers and home office employees? select one medium for each of the two stakeholders and explain why it is the best choice for the particular situation.
The communication medium that will be used in this scenario is the use of SMS to pass the information to them.
What is communication?It should be noted that communication is the process by which information is exchanged between individuals through a common system of symbols, or behavior.
Communication is the act of giving, receiving, and sharing information and good communicators listen carefully, speak or write clearly, and respect different opinions.
For communicating with customers, I would use a medium of SMS to the customer's registered mobile numbers and social media to inform them regarding the problem.
This would help to reach out to customers far and wide and this communication can be executed within a short span of time, as is the requirement of the situation.
To communicate with the home office employees, who are 20 in number, I would suggest using voice calling them to take necessary measures and ensure the safety and health of consumers.
Learn more about communication on:
https://brainly.com/question/26152499
#SPJ1
Negotiations between unions and a firm or firms is called _____________________ .
a. collective bargaining
b. cooperative bargaining
c. united bargaining
d. organized bargaining
Answer:
cooperative bargaining
The break-even point is the sales level at which:____.
a. total sales equals total costs
b. cost of goods sold equals other expenses
c. total sales equals variable costs
d. total sales equals fixed costs
The break-even point is the sales level at which the total sales revenue is the same as the total costs.
What is break-even point?
The break-even point for any company is the point at which its total sales revenue is the same as its total costs( i.e. total variable costs plus overheads).
At the break-even point. the firm in question makes neither gain nor loss, in that it is only able to recover all of its costs, which is an indication that the business would soon be able to make profits because it has been able to move the point of losses to the point zero profit.
It is incorrect to calculate break-even point as costs of goods being equal other expenses, the revenue has not been considered.
Also, when total sales is the same fixed costs, only fixed costs have been recovered, the variable costs are still outstanding, the same applies to the situation where the total sales is the same as the variable costs, the fixed costs have also not been recovered.
Overall, at breakeven point, total sales equate total costs, all costs, hence, the option(a) is correct.
Read more on break-even point on:https://brainly.com/question/9212451
#SPJ1
A firm is thinking about adding a product to its product line. What is the most likely outcome if the firm goes through with this plan?
The most likely outcome when a firm is thinking about adding a product to its product line is D. The new product can be advertised alongside existing products
What is product advertising?Product advertising:
Is a management effort geared towards creating a demand for a product.Promotes consumer awareness.Fosters consumer interest in the product.Encourages consumers to make purchase decisions quickly as they see the product.Thus, most likely, adding a product to the product line will help the new product to be advertised alongside existing ones.
Learn more about product advertising at https://brainly.com/question/1658517
#SPJ1
Question Completion with Answer Options:A. It will be difficult to manufacture the product.
B. The company will have to work hard to build up the brand.
C. The new product is certain to be accepted by the market.
D. The new product can be advertised alongside existing products.
E. It will take a long time for customers to feel loyal to the product.
If a firm is experiencing _____________________, then as the quantity of output rises, the average cost of production rises.
If a firm is experiencing decreasing returns to scale, then as quantity of output rises, the average cost of production rises. Economies of scale are cost advantages a company has as a result of increasing its output level.
Benefit results from inverse connection between quantity produced and fixed cost per unit. When all production factors are increased by a specific percentage, outcome is a less-than-proportional rise in output, this is known as decreasing returns to scale. The three types of return to scale are constant returns to scale (CRS), increasing returns to scale (IRS), and decreasing returns to scale (DRS).
To learn more about returns to scale, click here
https://brainly.com/question/14957396
#SPJ1
Which core process includes the activities required to produce and deliver the service or product to the external customer?
The core process which includes the activities required to produce and deliver the service or product to the external customer is order fulfillment process
Order fulfilment is a process of fulfilling a sales order according to the customer's specifications. That is, delivering goods as promised at the time of sale. There are four main steps in fulfilling a customers order which are- processing orders, warehousing, packing, and shipping products.
After the customer places an order, there is a procedure to be followed where you need to prepare and deliver the items accordingly. This process typically takes up to 48-72 hours to be completed.
After an order has been submitted for fulfillment, it has to be received and accepted by the logistics company.
Hence, the answer was given and explained above.
To learn more about the order fulfillment process here:
https://brainly.com/question/9694610
#SPJ4
In evaluating service quality, measurement of expectations can be included in a research program by _____.
In evaluating service quality, measurement of expectations can be included in a research program by service research.
Research programs are a specialized network of scientists conducting basic research. The term was used by the philosopher of science Imre Lakatos to describe the scientific normative model of Karl Popper's The Logic of Scientific Discovery (including the idea of falsifiability) and Thomas Kuhn's The Logic of Scientific Discovery. Used to blend and revise the descriptive scientific model of "Structure". Revolution (including ideas of ordinary science and paradigm shift) .
Lacatos found that falsificationism was unrealistic and often not practiced, and ordinary science (a paradigm of science that emulates the paradigm). Has erased a different perspective) has found it to be more exclusive than it really is.
Lakatos found that many research programs coexist. Each had a hardcore theory that was unaffected by revisions, surrounded by a protective belt of adaptive theory. One research program competes with another to become the most advanced.
Learn more about Research programs here: https://brainly.com/question/968894
#SPJ4
NikeShoes produces a running shoe that it sells in the United States. The shoe has a check mark on the side, uses inferior materials, and is made using child labor. Nike, Inc. sues NikeShoes for trademark infringement under the Federal Trademark Dilution Act of 1995. What is likely to be the grounds for this suit
The product value and reputation of Nike, Inc. are being compromised by Nike Shoes.
What is the Federal Trademark Dilution Act of 1995?The Federal Trademark Dilution Act of 1995 amends the Trademark Act of 1946 to give the owner of a well-known mark the right to an injunction and compensation for another person's commercial use of a mark or trade name if that use starts after the mark has achieved notoriety and lessens the mark's distinctiveness.
It defines the criteria the court will use to decide whether a mark is distinctive. It restricts owners of such marks to injunctive remedies unless the person for whom the injunction is requested acted with malicious intent to exploit the owner's reputation or tarnish the mark. It offers further remedies if such intent is shown to have existed.
A person's possession of a valid registration under a specific Act or on the major register renders them completely immune from legal action taken under common or state law to protect the distinctiveness of a mark, label, or form of advertisement against them with regard to that registration.
Learn more about Federal Trademark Dilution Act of 1995 here:
https://brainly.com/question/15093618
#SPJ4
What should you point out when demonstrating the confident cornering of a 2023 murano awd through a sweeping curve?.
When showcasing the capable cornering of a 2023 Murano awd through a sweeping curve, the following characteristics should be highlighted:
How well the car tracks as it enters a curveHow evenly balanced Murano is.the tires' excellent traction.What will the Nissan Murano in 2023 be about?
The Murano is expected to undergo a number of long overdue makeovers in 2023, some of which include exterior and interior renovations.The Nissan Murano, although being one of the more seasoned midsize SUVs in the class, is not anticipated to undergo any alterations for the 2023 model year. The Nissan Murano for 2023 ought to be a carryover model.Since the release of the SUV's current version in 2015, the Murano's exterior styling hasn't undergone much alteration. The 2023 Murano should share the same general outward styling as the currently available SUV because it will be a carryover product. The modern Murano has a rounded exterior with flowing lines, angular taillights, sharp headlights, Nissan's V-shape grille, and a floating roof design.The following characteristics should be highlighted when showing how a 2023 Murano awd turns confidently through a sweeping curve:How well the car tracks as it enters a curveHow evenly balanced Murano is.the tires' excellent traction.Know more about 2023 Murano awd https://brainly.com/question/25761393
#SPJ4
Data marts and data warehouses have typically been relational, but the emergence of what technology has helped to let these be used for non-relational data?
NoSQL has helped to let data marts and data warehouses be used for non-relational database. A non-relational database is one that does not use the traditional database system's tabular schema of rows and columns. Non-relational databases, on the other hand, employ a storage model that is tailored to the specific needs of the data being stored.
NoSQL data stores are those that do not use SQL for queries. Instead, data stores query the data using other programming languages and constructs. In practice, "NoSQL" refers to a "non-relational database," despite the fact that many of these databases support the SQL-compatible queries.
To learn more about non-relational database, click here
https://brainly.com/question/15733057
#SPJ1
When preparing the statement of cash flow using the indirect method, Depreciation Expense is ______. Multiple choice question. subtracted net income under the financing activities section subtracted from net income under the operating activities section added back to net income under the financing activities section added back to net income under the operating activities section
When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
What is the indirect method for a cash flow statement?The indirect method for a cash flow statement serves as one of the methods that helps in the presentation of data which can be used to display the expenditure of a company during a certain period .
This method takes the company's net income , then perform addition or subtraction on balance sheet items to determine cash flow.
hence, When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
Learn more about statement of cash flow on:
https://brainly.com/question/24179665
#SPJ1
In making project trade-offs, a criterion that is allowed not to meet the original target, for example, allowing the schedule to slip, is classified as ___________.
When a criterion is not allowed to meet the original target when making trade-offs, this is an Accepted criterion.
What is an accepted criterion?
This is a criterion that the company considers when deciding which parts of a project to keep and which to go along with.
Of those that are kept, they are not allowed to meet the original target because the resources available would be too limited to do so which was the reason for the trade-offs in the first place.
Find out more on trade-offs at https://brainly.com/question/13760478
#SPJ1
The central idea of mbo is that
The central idea of MBO is that Management by objectives (MBO) is a strategic management model that aims to improve organizational performance by clearly defining objectives that are agreed to by both management and employees.
MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are translated into divisional objectives, which are translated into departmental objectives. The hierarchy ends with individual objectives set by each employee.
Getting Maximum Results with Minimum Efforts - The main objective of management is to secure maximum outputs with minimum efforts & resources. Management is basically concerned with thinking & utilizing human, material & financial resources in such a manner that would result in the best combination.
Learn more about Management by objectives (MBO) here: https://brainly.com/question/15084040
#SPJ4
The banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by: short-run business cycle fluctuations. lack of investment spending and high unemployment. risky speculation in real estate and the stock market. low labor productivity in the United States combined with a huge trade deficit.
The banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by (C) risky speculation in real estate and the stock market.
What was the banking crisis of 1907?The Bank Panic of 1907 was a brief banking and financial crisis in the United States at the turn of the twentieth century. It was caused by the collapse of highly leveraged speculative investments fostered by the US Treasury's easy money policies in the preceding years.The Panic was precipitated by a surge in speculative investment fueled by lax monetary policy. Without a national central bank to rely on, the United States' financial markets were bailed out of the crisis by personal cash, guarantees, and prominent bankers and investors such as J.P. Morgan and John D.What was the Great depression banking crisis of 2008?The 2008 financial crisis, often known as the Global Financial Disaster (GFC), was a major global economic crisis that occurred in the early twenty-first century. It was the worst economic catastrophe since the Great Depression (1929).The seeds of the financial crisis were sown during years of ultra-low interest rates and lax lending regulations in the United States, which drove a home price bubble and reckless speculation in real estate and the stock market. As usual, it began with good intentions.The description of both the banking crisis states that it was caused by reckless speculation in the real state and the stock market.
Therefore, the banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by (C) risky speculation in real estate and the stock market.
Know more about the Great Depression here:
https://brainly.com/question/441267
#SPJ4
Complete question:
The banking crisis of 1907 that preceded the Great Depression and the banking crisis in 2008 were both caused by:
(A) short-run business cycle fluctuations.
(B) lack of investment spending and high unemployment.
(C) risky speculation in real estate and the stock market.
(D) low labor productivity in the United States combined with a huge trade deficit.
Spending plans are divided into three categories with roughly ______% of the after tax budget going to the category of needs and _____________ % of the after tax budget going to wants, with the rest going to esi.
Spending plans are divided into three categories with roughly 50% of the after tax budget going to the category of needs and 30 % of the after tax budget going to wants, with the rest going to ESI.
More about Spending plans:
A spending plan is a way to allocate your income to the assortment of needs and wants. You can effectively manage your finances and choose where to spend your money by making a spending plan in advance.
In the spending plan daily costs and short-term spending are your needs. Consider your rent or mortgage payment, groceries, gas, auto payments, and so on. You must budget for these expenses because, well, you can end up in some serious financial difficulty if you don't.
The items and experiences you want and wish to budget for are often your wants. Taking a trip with friends or family over the weekend, attending a concert, or going out to dinner are some examples.
Know more about spending plans here:
https://brainly.com/question/20042107
#SPJ1
A nurse assesses a client's ability to ambulate with crutches using a three-point gait. Which of the following actions should the nurse recognize as a risk to client safety
The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.
What is the role of a licensed nurse?As part of their everyday duties to care for their patients, licensed nurses frequently wear numerous hats. The main responsibility of a licensed nurse is to make sure that every patient receives the appropriate and direct care they require. Licensed nurses evaluate and identify patients' requirements before putting their medical plans and treatments into action and keeping an eye on them. They also make sure that patient care is provided in accordance with the rules and guidelines set forth by their employer, whether it be a hospital or another type of establishment.Certified nurses supervise every patient's care. Nurses oversee all the moving elements in their workplaces, from taking blood pressure and educating patients about their health to collaborating closely with doctors on their medical teams.
Therefore, The action taken by the licensed nurse to recognize as a risk to client safety should be that the client advances the weaker leg first.
Know more about Licensed Nurses with the help of the given link:
https://brainly.com/question/26311286
#SPJ4
True or false: Many investors believe that by choosing to put their money into companies whose goods and services benefit society, they can improve society's financial health as well as their own.
Answer: True
Explanation:
______ organization structures respond to customer demands faster because its lower-level employees have authority and responsibility for making decisions.
Flat organization structures respond to customer demands faster because its lower-level employees have authority and responsibility for making decisions.
What is Flat Organizational Structure ?A flat organization refers to an organization structure with few or no levels of management between management and staff level employees. The flat organization supervises employees less while promoting their increased involvement in the decision-making process.
Advantages of a Flat Structure
It elevates the employees' level of responsibility in the organization.It removes excess layers of management and improves the coordination and speed of communication between employees.Fewer levels of management encourage an easier decision-making process among employees.Eliminating the salaries of middle management reduces an organization's budget costs.Disadvantages of a Flat Structure
Employees often lack a specific boss to report to, which creates confusion and possible power struggles among management.Flat organizations tend to produce a lot of generalists but no specialists. The specific job function of employees may not be clear.Flat structure may limit long-term growth of an organization; management may decide against new opportunities in an effort to maintain the structure.Larger organizations struggle to adapt the flat structure, unless the company divides into smaller, more manageable units.Learn more about Flat Organizational Structure on:
brainly.com/question/25668359
#SPJ4
If the percentage change in quantity demanded is greater than the percentage change in price for good x, then the demand for good x is:________
If the percentage change in quantity demanded is greater than the percentage change in price for good x, then the demand for good x is price elasticity.
Price elasticity of quantity demanded is a measurement of the change in consumption of a product in relation to a change in its price. A good is elastic if a price change causes a substantial change in demand or supply.
Goods are much more elastic, so price changes for these goods cause substantial changes in their demand or their supply.
Hence, if the quantity demanded of a product changes greatly in response to changes in its price, it is elastic. That is, the demand point for the product is stretched far from its prior point.
To learn more about Price elasticity here:
https://brainly.com/question/13565779
#SPJ4
In business-to-consumer sales the ______ step is important but is often neglected.
a) make presentation
b) qualify
c) close sale
d) follow-up.
In business-to-consumer sales the follow-up is important but is often neglected. Business-to-consumer (B2C) refers to the process of selling goods and services directly to customers who are the final recipients of a company's goods or services (B2C). B2C refers to the vast majority of companies that sell directly to customers.
During the dotcom boom of the late 1990s, when it was largely used to describe online businesses who offered goods and services to customers online, the term "business-to-consumer" (B2C) gained enormous popularity. Despite the fact that many B2C companies were victims of the subsequent dotcom bust as investor interest.
In the sector waned and venture capital funding dried up, B2C leaders such as Amazon and Priceline weathered the storm and have since seen tremendous success.
To learn more about Business-to-consumer, click here
https://brainly.com/question/27037005
#SPJ4
Which feature allows universal containers to require a value in a custom date field when the opportunity stage changes to closing?
Which feature allows universal containers to require a value in a custom date field when the opportunity stage changes to closing: Validation rule.
opportunity is a favorable, appropriate, or advantageous combination of circumstances. We use the opportunity to talk about a situation in which we can do something that we want to do.
opportunity assists individuals to develop work-related skills enabling them to achieve productive work within our community. People and organizations grow and develop to the extent that they capitalize on opportunities to do so.
opportunity are important to leaders because they're important to the people they lead. Opportunities are the venues where people can try, test, better, and even find themselves.
learn more about opportunity here
https://brainly.com/question/481029
#SPJ4
Improvement of performance as a result of repeated exposure to a task is referred to as a ________ effect. reactive non-reactive practice fatigue
The answer is Practice effect.
The performance shift brought on by repeated testing is known as the practice effect.
In other words, if a youngster is given a test too soon, the practice effect may provide an improvement in performance (remembering the test items).
Knowing the practice effect is crucial because it will help us determine whether someone's performance has genuinely improved or if the retesting was conducted too soon and caused the improvement.
To ensure test-retest reliability, major testing providers like Pearson and Pro-ed recommend a 2-week gap between developing test administrations.
Hence, improvement of performance as a result of repeated exposure to a task is referred to as a practice effect.
Learn more about performance tests:
https://brainly.com/question/1532968
#SPJ4
Milk is used in the production of cheese. Cheese and tofu are close substitutes in consumption. Milk and oreos are complements in consumption. Suppose that the price of oreos increases, how does this affect the market of tofu
Milk is used in the production of cheese. Cheese and tofu are close substitutes in consumption. Milk and Oreos are complements in consumption. Suppose that the price of Oreos increases, how does this affect the market for tofu?
The correct answer is decreasing in price will increase the quantity demanded.
Why does price decrease when demand increases?If demand does not change, there is an inverse relationship between the supply of goods and services and the price. As the supply of goods and services increases with the same demand, prices tend to fall to lower equilibrium prices and higher equilibrium quantities of goods and services.
The relationship between price and demand is negative. H. They are inversely proportional. The inverse relationship means that when the price of a product goes up, the demand for that product goes down, and vice versa. This is due to the law of reducing marginal utility.
Learn more about the price of oreos increases here
https://brainly.com/question/14500353
#SPJ2
What can occur as a result of not having an innovation and planning iteration?
There will be no time to plan, demo, and improve together if there is no invention and planned iteration.
The Innovation and Planning (IP) Iteration happens at the end of each Program Increment (PI) and fulfils several functions. It serves as a buffer for fulfilling PI Objectives and allocates time for innovation, continuous education, PI Planning, and Inspect and Adapt (I&A) activities. Every iteration is important, and the teams are largely focused on producing short-term benefit. The Solution gets closer to market with each iteration. The focus on solution delivery is high and unwavering.
Iteration Planning is a meeting when all team members decide how much of the Team Backlog they will deliver during the upcoming Iteration. The effort is summarized by team as a set of committed Iteration Goals.
As a result, if there is no innovation and planned iteration, there will be no time to plan, showcase, and improve together.
To know more about innovation and planning iteration click here:
https://brainly.com/question/26701667
#SPJ4
A systems breach occurs at a financial organization. The system in question contains highly valuable data. When performing data acquisition for an investigation, which component does an engineer acquire first?
When performing data acquisition for an investigation, the component does an engineer acquire first is: "Disk controller cache"
Data Acquisition is synonymous with data collection; it is defined as the process of gathering, filtering, and cleaning data prior to storing it in a data warehouse or other storage solution.
Hence the Disk controller cache will be looked at first because it will contain details and logs of all events that have occurred in that system.
Learn more about data acquisition at;
https://brainly.com/question/14701948
#SPJ1
Answer the question on the assumption that the legal reserve ratio is 20 percent. suppose that the fed sells $500 of government securities to commercial banks (paid for out of commercial bank reserves) and buys $500 of securities from individuals, who deposit the cash in checking accounts. as a result of the given transactions, the supply of money in the economy will
The sale and purchase of government securities by the Fed would leave reserves unchanged.
What is the effect of the purchase and sale of government securities?
The Fed is the Central Bank of the United States. One of the duties of the Fed is to conduct monetary policies. Monetary polices are used to affect the level of money supply in the economy.
One of the monetary policy tools of the Fed is open market operation. When the Fed sells government securities, it is known as an open market sales which reduce money supply. When the Fed buys government securities, it is known as an open market purchase which increases money supply.
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. Reserve ratio is determined by the Fed.
Change in reserve = ( value of government securities bought / reserve ratio) - (value of government securities sold / reserve ratio)
($500 / 0.2) - (500 / 0.2) = 0
To learn more about reserve ratio, please check: brainly.com/question/6831267
#SPJ1
Commercial banks, savings and loans, credit unions, and non-banks are all considered to be a part of the U.S. system.
Commercial banks, savings and loans, credit unions, and non-banks are all considered to be a part of the U.S. banking system.
What is Commercial banks?Commercial banks can be defined as banks that accept deposit and as a well give out loans to their borrowers.
Hence, United State of American banking system is comprises of the following:
Commercial banksSavings and loansCredit unionsNon-banksLearn more about Commercial banks here:
https://brainly.com/question/27916421
https://brainly.com/question/4423138
#SPJ1