Answer:
a. payday lender. a company that lends customers small amounts of money at high interest rates, on the agreement that the loan will be repaid when the borrower receives their next paycheck.
Explanation:bc none of the other answers make sense, like a mortgage lender? thats for owning a house. a title lender is A loan that requires an asset as collateral is known as a title loan. ... Title loans are usually taken on by individuals needing cash fast or those in financial difficulties. The costs of title loans are exorbitant and they are considered a bad financing option. and a bank or credit union is used to take money or put money into a bank. so if it isnt a its d. but im 99% sure. yw :))
Answer:
a. $24,000
Explanation:
60,000 fixed cost which, are allocated in the base of expected copies:
total expected copies: 600,000 + 400,000 = 1,000,000
Copy Center 2 represent 400,000 / 1,000,000 = 40% of the total copies volume for the period
Therefore from the 60,000 fixed cost the 40% was applied.
60,000 x 40 % = 24,000
Answer:
So after 5 year total amount will be $1781.529
So option (a) is correct option
Explanation:
We have given that JG Asset is recommending that you invest $1500 for 5 years at rate of 3.5%
So principle amount P = $1500
Rate of interest r = 3.5 %
Time n = 5 years
We know that when total amount is given by
, here r is rate of interest and n is time period
So amount after 5 years will be
So after 5 year total amount will be $1781.529
So option (a) is correct option
Answer:
1. Increasing
2. A. The elasticity of private saving with respect to the after-tax real interest rate
B. The response of private saving to changes in the government budget deficit
C. The elasticity of investment with respect to the interest rate
Explanation:
1. It is difficult to implement both of these policies at the same time because reducing taxes on private spending has the effect of <u><em>Increasing</em></u> the government budget deficit.
A Government budget deficit is acquired when the government spends more than it earns. The Government earns money from taxes and if it spends more than it receives in taxes, that will lead to a deficit. If taxes on Private spending are reduced, this will lead to less tax revenue for the government thereby increasing the Deficit.
2. All of the listed options are useful in determining which policy would be a more effective way to raise investment.
The elasticity of private saving with respect to the after-tax real interest rate refers to how much private saving changes in reaction to a change in the tax rates. This can enable one decide how much investment will be expected if the Government reduces or increases taxes.
The response of private saving to changes in the government budget deficit is also a useful factor to look at because private savings reduce when government deficits reduce.
Also how much does investment change by due to interest rates. This will be important to note in terms of Private Investment to see if it will be beneficial to use it over reducing the government budget deficit given a certain interest rate.
