why does the US operate under a dual banking system and what do you think are...

why does the US operate under a dual banking system and what do you think are the advantages and disadvantages

Expert Solution

Two of the biggest advantages to online-only banking are the high interest rates andlow fees. Online-only banks don't pay overhead for physical branches or the employees to staff them. Instead, they pass those cost savings on to customers in the form of higher interest rates and lower fees.

Rahul Sunny answered 1 year ago

1. what are examples in the US system that do not operate as a "market" ?...

1. what are examples in the US system that do not operate as a "market" ? 2. why dont conservative politicians or economists use the word 'capitalism'?

1)Prior to the dual banking system, the U.S. banking system included: A. National banks that used a...

1)Prior to the dual banking system, the U.S. banking system included: A. National banks that used a national currency B. A powerful central bank responsible for money and credit in the economy C. a state banking system C. a state banking system 2)Financial innovation in the banking industry often occurs in response to changes in financial markets, the regulatory environment, or new technology. The following questions consider how banks respond to various conditions in the banking industry. Money-market mutual funds allowed individuals to avoid...

Answer the question in 400 words. What is the dual banking System? is it relevant today?

Do you think having a dual court system is expensive, cumbersome and very confusing? Will having...

Do you think having a dual court system is expensive, cumbersome and very confusing? Will having a single court system benefit our country and make the court system more streamlined and less confusing? Support your argument with good and logical reasons.

What do you think of the keto diet? Does it seem healthy (why or why not...

What do you think of the keto diet? Does it seem healthy (why or why not based on what you've learned in this class so far). Have you explored other fad diets? Do any of these seem appealing to you (why or why not)? 150 words

a.) What do you understand by the term system automation? b.) Why do you think that automation is...

a.) What do you understand by the term system automation? b.) Why do you think that automation is important in our day to day activities – discuss c.) There is the fear that automation will replace human activities resulting in unemployment. Do you align with this assertion? Support you claim with relevant points d.) What is the difference between robotics and automation?

Why do you think it is hard for a third party victory in the US?

Why do you think it is hard for a third party victory in the US? What is your opinion on the current plurality rules system? Will approval voting cause a more diverse party system? Is the current election system controlled by a duopoly? Why does the approval voting system choose a more consensus winner? Does the approval voting system solve the problem of vote-splitting?

LIFO is not allowed under IFRS, but is allowed under GAAP. Why do you think LIFO...

LIFO is not allowed under IFRS, but is allowed under GAAP. Why do you think LIFO is not allowed under IFRS? Should it be disallowed under GAAP as well? Why or why not?

Why do you think the US is ranked lower in quality but the highest in expenditures...

Why do you think the US is ranked lower in quality but the highest in expenditures and costs of health care? Do you feel you and/or your family has adequate access to health care? Do you know people who have difficulty accessing care or don't know how? The UK ranks first in overall health care systems performance rankings - what services are they excelling at that sets them above all others per the Mirror, Mirror 2017 resource provided?

Do you think the current distribution of income in the US is too unequal? Why or...

Do you think the current distribution of income in the US is too unequal? Why or why not? What criteria do you think should be used to judge the fairness of the distribution of income? Is the final outcome more important than the process that generates the income?

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