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Saving is necessary for a. a traditional economy. c. financial assets. b. a command economy. d. capital formation.
Savings is necessary for capital formation. In economics, accounting and Marxian economics, capital accumulation is often equated with investment of profit income or savings, especially in real capital goods. [ The concentration and centralization of capital are two of the results of such accumulation. ]
Expert answered|Maribeth|Points 110|
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Asked 8/12/2013 9:22:13 AM
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What happens during a bank run? a. The government orders a bank to close. b. States charter more banks than needed. c. The price of gold suddenly increases. d. More customers withdraw money than the bank has on hand.
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Updated 4/3/2015 2:50:40 PM
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During a bank run, more customers withdraw money than the bank has on hand.
Added 4/3/2015 2:50:40 PM
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When you pay for a new CD with a debit card, you authorize the transfer of money from your account to the music store s account. In other words, a payment by debit card is the electronic form of a payment by: CHECK.
Added 8/5/2013 7:55:43 AM
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