The Bartholemew Bakery Receives a Lot of Payments in Cash

question 23

Multiple Choice

The Bartholemew Bakery receives a lot of payments in cash.They deposit it in their local bank who invests the money in an interest bearing account until it is needed to pay bills.Which of the financial services banks offer,is the Bartholemew bakery taking advantage of?

• A)Getting a consumer loan
• B)Getting financial advice
• C)Managing cash
• D)Getting venture capital services
• E)Buying a retirement plan

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Definitions:

Domestic Export Sector

The part of a country's economy that is focused on producing goods and services for exportation to other countries.

Production Possibilities Curves

The production possibilities curve illustrates the maximum potential output combinations of two goods or services that an economy can achieve when all resources are fully and efficiently utilized.

Trading Possibilities Curves

A graphical representation that shows the maximum amounts of goods that two countries can trade with each other, given their resources and technology.

Comparative Advantage

The skill of an entity—be it an individual, enterprise, or nation—to manufacture a product or deliver a service at a reduced opportunity cost than that of its competitors.