Business, 26.03.2020 22:30 tynitenaire

If a change in government regulations allows banks to start paying interest on checking accounts, this will: increase the demand for currency but decrease the demand for checking accounts. decrease the demand for money. increase the demand for money. have no effect on the demand for money.

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Answer from: rayray2083

If a change in government regulations allows banks to start paying interest on checking accounts, It will decrease the demand for money.

Explanation:

A checking account also called demand accounts or transnational accounts is a deposit account held at a financial institution that allows withdrawals and deposits.

Checking accounts are very liquid and can be accessed using checks, automated teller machines, and electronic debits, among other methods.

Therefore, if a change in government regulations allows banks to start paying interest on checking accounts, It will decrease the demand for money because people would want the money in their checking account to accrue interest.

Answer from: DeathFightervx

Increase the demand for money

Explanation:

A checking account also called demand accounts is one that allows limitless withdrawals and deposits. It allows access through such means as checks, teller machines and electronic debits. They are very liquid accounts as opposed to savings accounts which may be limited in withdrawals

If government places interest on checking account, this would cause increase in demand for money as there would be need to hold liquid cash in the form of checking accounts that bring interests.

Answer from: Quest

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

Answer from: Quest

the correct answer is: [c]: " cyclical unemployment " .

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