A financial cooperative is a type of financial institution that is owned and operated
by:

Its members.

The state.

The president of the cooperative.

Answers

Answer 1

Answer: it's members

Explanation:

Cooperatives are private businesses or organization that are owned by it's own members, it's members are those who use or patronize it's product and services. They vary in size but irrespective of their sizes they are operated solely on members demand.

Financial cooperatives are no different from cooperatives just that they are banks owned and operated by it's member's.


Related Questions

Choose the term that best matches the description given.
The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
Pls help me. I will give best answer

Answers

Answer:

I have no idea is that history

Which method of payment actually is a form of borrowing money that
needs to be paid back later?*
5 points
O a. Cash
b. Credit Card
O c. Debit Card
O d. Check

Answers

Answer:

B. Credit Card

Explanation:

hope this helped

What are the four main reasons some skills are in higher demand than others

Answers

Answer: 1) Because of their demand 2) Wealth can be easily gotten through them 3) Improved solution 4) Tendencies that they would be needed for a long time

Explanation:

Some jobs are of a higher demand than others, the following explains why it is so

1) Demand; the world is changing and there is demand for certain fields today than before, new trends are replacing the existing ones, this now places a higher need for some skills than others.

2) Wealth easily generated; based on the demand for this new set of skills and job, there would be a high buying and selling within this region thereby creating wealth for those involved easily than existing skills

3) Improved solution; these high demand jobs have created better ways to solve problems than the existing method, this makes them have value than other methods applied before

4) Duration; there are tendencies that they would be sustainable for a long period of time, this makes them highly demanded

On January 1, 2018, Dexter, Inc. signs a 10-year noncancelable lease agreement to lease manufacturing equipment from Garr. (a) The agreement requires equal rental payments at the end of each year. (b) The fair value of the equipment on January 1, 2018 is $3,000,000. (c) The equipment has an estimated economic life of 10 years. Dexter depreciates similar equipment on the straight-line method. (d) At the termination of the lease, the title to the equipment will be transferred to the lessee. (e) Garr Co. set the annual rental to insure a 10% rate of return. (f) The yearly rental payment includes $10,000 of executory costs related to taxes on the property. From the lessee's viewpoint, what type of lease exists in this case? Question 13 options: Sales type lease Sales-leaseback Capital lease Operating lease

Answers

Answer:

This is a Sales type lease from the lessee's viewpoint.

Explanation:

A sales type lease from the lessee's viewpoint can be described as finance lease in which the title to the asset under lease will be transferred to the lessee at end of the lease.

From the question, it is stated in point (d) that at the termination of the lease, the title to the equipment will be transferred to the lessee.

This therefore indicates that this is a Sales type lease from the lessee's viewpoint.

Which of the following are examples of discretionary fiscal​ policy? ​(Check all that​ apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. C. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. A state government borrows money to finance the building of a new bridge. F. The government spends more on the military to provide assistance to England after a natural disaster.

Answers

Answer:

The government provides stimulus funds to repair roads and bridges to increase spending in the economy

The president and congress reduce tax rates to increase the amount of investment spending

Congress provides a tax rebates to encourage additional spending in order to reduce the unemployment rate

Explanation:

The following are examples of discretionary fiscal​ policy.

The government provides stimulus funds to repair roads and bridges to increase spending in the economy. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate.The president and Congress reduce tax rates to increase the amount of investment spending.

The correct options are A, C, and D.

What is discretionary and nondiscretionary fiscal policy?

Discretionary Fiscal Policy: changes in government spending and taxation enacted during a crisis affect the economy. Nondiscretionary Fiscal Policy: the set of policies built into the system to stabilize the economy, also known as automatic stabilizers.

These are deliberate policies implemented by the government to increase or decrease government spending or taxation. For example, when private sector demand and confidence are low during an economic downturn, Keynesian economists may advocate for a deliberate increase in the size of the fiscal deficit.

Thus, the ideal selection is options A, C, and D.

Learn more about discretionary fiscal policy here:

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