How Economics Affects My Life

How economicals Affects My Life Samantha Mitchell Jessie Martinez Econ 2214-02 December, 5th 2011 From the performance of a bank to the pauperism of its resources, economics plays a big factor in nearly different aspects in a bank. Today I kick in sh ar with you a few of these aspects and how the demand for my position is mixed bag directly. Since November 2008 I have been employed at the Bank of Zumbrota, as a Teller. My job description is as follows .. It is because of my experiences at clog up that I chose Accounting as my major. Our Investment Representative, Michelle helps people sleeper in decisions about their rangements. She helps with people their hideaway plans, business retirement plans, usual funds, insurance, and annuities. An annuity is an investment that has a fixed establish for a fixed period or for the life of the recipient. twain examples of annuities be railway lines and bonds. There is always the debate about what is interm it to invest in when it interposes to bonds and stocks. Stock is a role or component parts of self-possession of a corporation. People who throw stock are called stockholders, and are essentially the owners of the corporation. The dollar amount assigned to for each one share of stock is called a par value. Stock toilette be issued with or without a par value.

When you own stock to a company there are major rights that come on with this ownership. You have the right to vote in matters concerning the corporation, to share in distribution of earnings, and to share in assets upon colonization. Assets are things that y ou own and liquidation is when you turn thes! e assets into cash. Works Cited Cebula, Richard, James Koch, and Robert Fenili. The Bank chastening Rate, Economic Conditions And Banking Statutes In The U.S., 1970-2009. Atlantic Economic Journal 39.1 (2011): 39-46. stage business reference Premier. Web. 23 Nov. 2011. Warren, Carl S., James M. Reeve, Jonathan E. Duchac. Financial & managerial Accounting. Canada: South-Western Cengage Learning,...If you wish to get a full essay, order it on our website: OrderCustomPaper.com

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