a. The natural rate of unemployment is made up of frictional, structural, and seasonal unemployment.
b. Cyclical unemployment is related to the natural rate of unemployment because it is caused by a decline in aggregate demand and is a result of a recession or a downturn in the business cycle.
c. Factors that can lead to a change in the natural rate of unemployment include changes in labor market policies, changes in the minimum wage.
a. Frictional unemployment is the time period between jobs when a worker is searching for or transitioning to a new job. Structural unemployment is caused by a mismatch between the skills of the unemployed workers and the skills needed for available jobs.
Seasonal unemployment occurs when there is a regular and predictable change in the level of employment associated with seasonal factors such as weather, holidays, harvests, etc.
b. When aggregate demand decreases, businesses cut back on their production and employment, causing an increase in the natural rate of unemployment. This type of unemployment is often associated with long-term unemployment, as people are unable to find new jobs after their current ones end.
c. Factors that can lead to a change in the natural rate of unemployment include changes changes in labor market composition, technological advances, and changes in the cost of living.
Changes in labor market policies may include changes to labor laws, regulations, and taxes. Changes in the minimum wage can affect the amount of money people are willing to work for and the number of people willing to work. Changes in labor market composition can include shifts in the types of jobs available and the skills required for those jobs.
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voluntary turnover occurs when: group of answer choices managers choose to leave job vacancies unfilled. a facility is closed and all of its workers are put out of work. employees choose to leave the organization for a variety of reasons. an underperforming employee is laid off.
The correct answer is option a. Employees choose to leave the organization for a variety of reasons.
Voluntary turnover occurs when employees choose to leave the organization of their own volition, often due to dissatisfaction with the organization or a lack of job satisfaction.
This could be due to the organization's poor working conditions, low wages, limited career opportunities, or lack of recognition. Employees may also leave if they feel their skills or interests are better suited to another job or organization, or if they wish to pursue a different career path.
Voluntary turnover has the potential to erode an organization's morale and productivity and can also lead to costly recruitment and training costs.
Employers should focus on creating a positive and engaging work environment, offering competitive compensation and benefits, and providing clear career paths and opportunities for advancement to reduce the likelihood of voluntary turnover.
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What are the 4 types productive resources of the business explain each?
Land: Land is a productive resource that refers to any physical area that is owned or leased by a business. It may include buildings, parks, and other physical structures that are used for business operations.
Labor: Labor is a productive resource that refers to the human effort used to create goods and services. This includes both paid and unpaid labor, such as employees and volunteers .Capital: Capital refers to the financial resources of a business. It includes both the money and assets used to finance operations and the investments in equipment, technology, and other resources. Entrepreneurship: Entrepreneurship is the process of creating and managing a business. It involves taking risks and making decisions to identify and exploit market opportunities. It requires creativity and innovation, as well as the ability to identify and capitalize on opportunities.
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How do you think the Human Resources department affects the other departments??????
during march, zea incorporated transferred $59,000 from work in process to finished goods and recorded a cost of goods sold of $65,000. the journal entries to record these transactions would include a
During March, Zea Incorporated transferred $59,000 worth of inventory from work in process to finished goods and recorded a cost of goods sold of $65,000. To record these transactions, the company would make the following journal entries:
Debit work in process for $59,000 and credit finished goods for $59,000: This entry records the transfer of the inventory from work in process to finished goods.Debit cost of goods sold for $65,000 and credit finished goods for $65,000: This entry records the cost of goods sold for the period.These entries are important for accurately tracking the movement of inventory and the associated costs. By recording these transactions, the company is able to determine the cost of goods sold, which is a key component in determining the company's gross profit. These journal entries ensure that the company's financial statements accurately reflect the company's operations and financial position.
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a company has net working capital of $1,753. if all its current assets were liquidated, the company would receive $5,689. what are the company's current liabilities?
The company's current liabilities are 5,689-1,753 = 3,936. Working capital (also called net working capital) represents the difference between a company's current assets and current liabilities.
Working capital, also known as net working capital (NWC), is the ratio of a company's current assets (such as cash, accounts receivable/unpaid customer invoices, inventory of raw materials and finished goods) and current liabilities such as accounts payable. It's the difference. and debt. It is a commonly used measurement to measure the short-term health of an organization.
If the ratio of current assets to liabilities is less than 1 (or current liabilities are greater than current assets), the company's operating expenses are negative.
This may indicate that the company has excess inventory, is not investing excess cash, or is not taking advantage of low-cost debt financing opportunities.
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chrysler group, operated by fiat, repaid $551 million in one quarter to the u.s. government for a loan provided during bankruptcy reorganization. fiat's ceo was a(n) group of answer choices entrepreneur. liaison. resource allocator. disturbance handler.
The correct answer is For top managers, conceptual abilities are essential. For mid-level managers, they are less important, and for first-level managers, they are not necessary.
Managers engage in decision-making when they choose a plan of action from a list of viable options. Planning, organising, leading, and controlling must all be completed before you can be considered an excellent manager. Flat companies frequently generate more generalists than experts. Employees' exact work duties might not be obvious.Top managers need conceptual abilities since they routinely make crucial judgements that affect the company. They must be able to think strategically and comprehend how the firm can carry out its obligations. Top managers provide fresh ideas and uncover novel approaches to implementing improvements across the whole firm.
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which five companies are headquartered in arizona?
Freeport-McMoRan, PetSmart, Avnet, First Solar and Insight Enterprises companies are headquartered in arizona.
A company is a type of business organization that provides goods or services to customers in exchange for money. It is typically owned by shareholders and managed by a board of directors. Companies can take various forms, including corporations, limited liability companies, partnerships, and sole proprietorships. They may be for-profit or non-profit, and can vary in size from small, locally-owned businesses to large multinational corporations. Companies are established to pursue a specific purpose, such as generating profits for shareholders or providing goods or services to the public. They play a significant role in the economy by creating jobs, generating revenue, and contributing to economic growth.
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to the best of your knowledge and belief, are you aware of any contract or agreement with your current employer (or other company), such as a non-solicitation agreement, that might impact or interfere with your ability to communicate with former colleagues about working at the company?*
There is a non-solicitation agreement imposed by banks to their employees intended to protect the knowledge, skills, and contacts of the employees and clients, as well as the interests of the banks.
a non-solicitation agreement is a contract that prohibits employees or former employees from working for competitors, revealing confidential information, or even from encouraging other employees to leave the company.
This type of agreement can limit an employee's ability to communicate with former colleagues about working at the company, as it would be considered a violation of the agreement if the employee was found to be encouraging or recruiting their former colleagues to join the company.
It is common for banks to impose non-solicitation agreements on their employees. These agreements typically forbid the employee from working for other banks or from encouraging other employees to leave the company.
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ideas based on selling existing products or services in a new context are called: a. new technology ideas. b. new market ideas. c. new benefit ideas. d. startup ideas.
Ideas based on selling existing products or services in a new context are called new market ideas.
Option b is correct .
The most important trends are economic trends, social trends, technological developments, and political activism and regulatory changes. Changes in these areas often give impetus to new business ideas. The sources of creation of ideas are the people and places from which ideas are obtained. Multiple internal and external sources help generate ideas .
Research shows that most new businesses fail in the first few years. Luck also plays a role in the success of some businesses. Insufficient capital can cause a new business to fail. Some entrepreneurs are too optimistic about how quickly they will make a profit.
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in the growth share matrix (aka bcg matrix), sbus that represent new innovations / new product launches typically start in which quadrant? group of answer choices cash cow dog question mark star
In the Growth-Share Matrix, SBUs that represent new innovations/new product launches typically start in the D: "Question Mark" quadrant.
A "Question Mark" is a high-growth business or product with low market share. These SBUs require a lot of investment to grow market share and become profitable, and they have a high degree of uncertainty as to whether they will eventually become successful or not. New product launches often start in this quadrant because they have high potential for growth but are unproven in the market and may require substantial investment to build market share.
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hi, i know this is last minute, but an interviewer just canceled on a candidate interview for your team. this candidate is already on-site and cannot be rescheduled. would you be able to interview the candidate today? it would take about 2 hours.
Yes, I would be happy to interview the candidate today. I understand that this is last minute and that the candidate is already on-site, so I will make the time to accommodate the interview.
The interview schedule can be accommodated by setting up an online system similar platform. This will enable the interviewers to select suitable times and dates for their interviews and will enable the interviewees to easily select a time that is convenient for them.
This online system also allows both parties to view the schedule and make any necessary changes. Additionally, if necessary, the interviewers can contact the interviewees directly to discuss details such as the location of the interview.
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a company plans to implement dynamics 365 marketing is the following statement true or false? - 'you can use quick campaigns in both marketing lists and marketing segments'
The given statement "You can use quick campaigns in both marketing lists and marketing segments" is True because it allow you to quickly create and execute marketing campaigns.
Dynamics 365 Marketing is a marketing automation solution that helps organizations to streamline and automate their marketing processes. Within Dynamics 365 Marketing, quick campaigns allow users to quickly create and launch targeted marketing activities, such as email or direct mail campaigns, to specific groups of customers or prospects.
Marketing lists and marketing segments are two ways to define the target audience for a quick campaign. A marketing list is a static list of records, such as contacts or accounts, that you create and maintain in Dynamics 365 Marketing.
A marketing segment, on the other hand, is a dynamic group of records that are defined by a set of criteria, such as demographics, behaviors, or interactions with your marketing content.
Both marketing lists and marketing segments can be used as the target audience for a quick campaign. When you create a quick campaign, you can either select an existing marketing list or marketing segment to use as the target audience, or you can create a new marketing list or marketing segment specifically for your quick campaign.
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what do suppliers offer that is critical to a firm's long-term success? question 5 options: the promise of customer loyalty material resources and/or intangible knowledge infrastructure revenue leadership skills
Option B. Suppliers can offer material resources, such as raw materials, components, and equipment, as well as intangible knowledge, such as specialized expertise and technical know-how, that are critical to a firm's long-term success.
These resources and knowledge enable the firm to produce its products or services efficiently and effectively, thereby enhancing its competitiveness and sustainability in the market.
Material resources refer to physical goods that a firm requires to produce its products or services, such as raw materials, components, and equipment. Intangible knowledge refers to specialized expertise and technical know-how that a firm needs to effectively produce its products or services. Both material resources and intangible knowledge are critical to a firm's long-term success because they enable the firm to produce its products or services efficiently and effectively, thereby enhancing its competitiveness and sustainability in the market. For example, a firm that produces automobiles may require specialized steel, machinery, and engineering knowledge from its suppliers to manufacture high-quality vehicles.
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what do suppliers offer that is critical to a firm's long-term success? question options:
A. The promise of customer loyalty
B. Material resources and/or intangible knowledge
C. Infrastructure revenue
D. Leadership skills
the difference in value between a country's imports and exports is called its balance of trade. true false
The answer is True; a country's trade balance is the difference between its imports and exports in terms of value is true.
The Function of ImportsImports are goods or services that were produced abroad but bought domestically. Imports and exports are the two bases of global commerce. A country has a negative trade balance, also known as a trade deficit, if the value of its imports exceeds the value of its exports.
What makes this example important?Any product made elsewhere and then imported into another country is referred to as an import. If a Belgian company created chocolate and sold it in the United States, for example, an American would view that as an import.
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lapdog is a new pet grooming service trying to create sustained competitive advantage. lapdog's services should be...
Lapdog's services should be unique, high-quality, and provide a superior customer experience in order to create a sustained competitive advantage for Lapdog pet grooming service.
Offer customized grooming packages: Lapdog can offer personalized grooming packages based on the individual needs and preferences of each pet. This will set them apart from competitors who offer generic grooming services.
Use eco-friendly products: Lapdog can differentiate themselves by using environmentally-friendly grooming products. This will appeal to pet owners who are environmentally conscious and looking for sustainable services.
Provide excellent customer service: Lapdog can train their staff to provide exceptional customer service and create a welcoming atmosphere. They can also offer additional services such as dog walking, pet sitting, and pet transportation to create a one-stop shop for pet owners.
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a deposit of $1000 is made into a fund with an annual interest rate of 10 percent. find the time (in years) necessary for the investment to double if the interest is compounded continouusly.
The time (in years) required for an investment to double if interest is compounded continuously 6.931 years.
It is calculated using the formula t = ln(2)/ln(1+r).
In this case, the annual interest rate (r) is 10% and the initial investment (P) is $1000.
Therefore,
t = ln(2)/ln(1+0.10)
t = 6.931 years
It takes approximately 6,931 years for an investment to double if interest is compounded continuously. This is because the interest is compounded continuously, which means that the interest earned on the initial amount is continuously added to the principal amount. This allows the investment to grow faster than if the interest were compounded annually.
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interest rate risk is the risk that results from the changes in interest rates that impact bond prices. true false
The given statement "interest rate risk is the risk that results from the changes in interest rates that impact bond prices." is true.
What is interest rate ?The amount that the lender charges the borrower over and beyond the principal amount is referred to as the interest rate. A person who deposits money in a bank or other financial institution also earns additional income in terms of the recipient, known as interest, taking into account the time value of money.
Higher interest rates make borrowing money more expensive and encourage people to save money. That often means that consumers will spend less money. Prices of products and services rise more slowly when overall consumer spending is lower. A lower inflation rate results from slower price increases.
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suppose that the equilibrium price of a 20-foot palm tree is $150. if the price ceiling on this product is changed from $120 to $130, what will happen in this market?
When a price ceiling is set below the equilibrium price of product then demand exceed than supply, and this will result in shortage in market and finally the shortage will become smaller in market.
A product in marketing is an object, system, or service that you make available to consumers based on consumer demand. It is what we can offer to the market to meet the wants and needs of our customers. Products are sometimes referred to as commodities in sales, but products are purchased as raw materials and sold as finished products in manufacturing.
In project management, a product is the formal specification of a project's deliverables that include or contribute to the achievement of the project's goals. Byproducts are similar ideas that are secondary but useful byproducts of the manufacturing process.
Hence the correct option is A
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The above question is incomplete, the complete question is-
Suppose that the equilibrium price of a 20-foot palm tree is $150. If the price ceiling on this product is changed from $120 to $130, what will happen in this market?
A. The shortage will become smaller
B. The shortage will become larger
C. The surplus will become smaller
D. The surplus will become larger
true or false: the slope of the demand curve is equal to the value of the price elasticity of demand.
False. The slope of the demand curve represents the responsiveness of the quantity demanded to changes in price, but it is not equal to the value of the price elasticity of demand.
The price elasticity of demand measures the proportionate change in quantity demanded in response to a change in price and is calculated using a specific formula. The slope of the demand curve is only one factor that can be used to estimate the price elasticity of demand, but it is not a direct measure of it. The slope of the demand curve measures the rate of change of the quantity demanded with respect to changes in price. It is a graphical representation of the demand function and reflects how much the quantity demanded changes as the price changes.
On the other hand, the price elasticity of demand measures the responsiveness of the quantity demanded to changes in price, taking into account the percentage changes in both price and quantity demanded. It is a numerical measure that can be positive, negative, or zero, and is a way to quantify the sensitivity of consumers to changes in price.
So, while the slope of the demand curve can provide a rough estimate of the price elasticity of demand, the two concepts are not equivalent.
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True or False: the slope of the demand curve is equal to the value of the price elasticity of demand?
if the marginal propensity to consume is equal to 0.70 and income rises by $20 billion in an economy, then consumption spending will increase by:
The investment spending will rise by $20 billion. The amount of an overall wage increase that a consumer spends on purchasing goods and services as opposed to saving is known as the marginal propensity to consume (MPC) in economics.
Calculating the marginal propensity to spend money is the first step.
= 1/0.1
= 10
= 1 billion times ten
1 trillion
ten billion plus ten billion
Twenty billion
This will result in an increase of $20 billion in investment spending.
The percentage of each additional dollar in household income that is saved is known as the marginal propensity to save (MPS). MPC is the percentage of a household's additional income that is consumed or spent. The extent to which consumers choose to save or spend money affects the economy as a whole.
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the planning/control cycle is an order planning system in which employees work with customers to plan orders and discuss delivery times.a. trueb. false
The planning/control cycle is an order planning system in which employees work with customers to plan orders and discuss delivery times are ; true.
What is the employees ?Employees are individuals who work for an organization or business and are typically paid in exchange for their labor and time. Employees are essential to the success of any business, taking on a variety of roles and responsibilities to help the organization reach its goals. Employees can work in a range of different positions, from entry-level roles to executive positions. They often have specialized skill sets and knowledge that are necessary for the successful operation of the business. Employees can also provide insight and feedback on various aspects of the organization, such as customer service, product development, and marketing.
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Palmona Company establishes a $310 petty cash fund on January 1. On January 8, the fund shows $205 in cash along with receipts for
the following expenditures: postage, $43; transportation-in, $14; delivery expenses, $16; and miscellaneous expenses, $32. Palmona
uses the perpetual system in accounting for merchandise inventory.
1. Prepare the entry to establish the fund on January 1.
2. Prepare the entry to reimburse the fund on January 8 under two separate situations:
a. To reimburse the fund.
b. To reimburse the fund and increase it to $360. Hint. Make two entries.
The entry to establish the fund on January 1 is: Debit Petty Cash Fund 310, Credit Cash 310
How to prepare journal entry?1. Entry to establish the fund on January 1:
Debit Petty Cash Fund 310
Credit Cash 310
2a. Entry to reimburse the fund on January 8:
Debit Postage Expense 43
Debit Transportation-In Expense 14
Debit Delivery Expense 16
Debit Miscellaneous Expense 32
Credit Cash 105
2b.8-Jan
Debit Petty Cash $255
($360 - $105)
Credit Cash $255
(Being increment of petty cash recorded)
Therefore the entry is Debit Petty Cash Fund 310, Credit Cash 310.
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which of the following data types are included in big data? (check all that apply.) multiple select question. goods services characteristics structured data unstructured data
Big data refers to extremely large and complex data sets that are difficult to process and manage using traditional data processing methods
There are several types of data that are included in big data, including:Unstructured data: This type of data is not organized in a predefined manner and includes text, audio, video, images, and other forms of multimedia. This type of data is often difficult to process and analyze using traditional methods.Structured data: This type of data is organized in a defined manner, such as in a table or spreadsheet, and includes information that can be easily searched and analyzed. This type of data is typically stored in databases and can be easily accessed and analyzed.Semi-structured data: This type of data has some structure, but not as much as structured data, and includes information such as emails, documents, and social media posts. This type of data is often difficult to process and analyze because it does not fit neatly into traditional data structures
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You have a choice between two summer jobs. Job #1 offers experience in your major but pays a lower wage. Job #2 pays more money but is not directly related to your field of study. What should be the first step to take as you make this decision?
a. Continue applying for other jobs so you'll have more options to choose from before you have to decide
b. Calculate the cost of any luxury purchases you plan to make over the summer to determine if you can afford to take job #1
c. Consider how much money you need to earn during the summer and the value job #1 would have in helping you make a career choice
d. Discuss with a friend in your major the pros and cons of taking one job versus the other
The correct option is C. Considering how much money you need to earn during the summer, look at what both jobs pay you and try to come up with other options for earning.
A salary is a payment made by an employer to a worker for work completed in a specific period of time. a few examples of wage bills include compensatory payments such as minimum wage, triumphing salary, and yearly bonuses, and remunerative payments such as prizes and tip payouts. Wages are part of the charges which might be concerned with going for walks in an enterprise. it is the responsibility of the worker irrespective of the profitability of the company.
Charge through wage contrasts with salaried work, in which the employer will pay an arranged quantity at constant periods (which includes per week or month) irrespective of hours labored, with the commission which conditions pay on man or woman performance, and with reimbursement primarily based at the overall performance of the corporation as an entire.
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a participant who has 40 service credits and is eligible today to receive a normal retirement benefit would receive ? per month.
40 service credits and is currently eligible for a normal retirement benefit would receive 1289$ per month.
The number of credits you have has no bearing on the amount of benefits you receive.
When you die, the number of credits you've earned is used to determine your eligibility for retirement or disability benefits, Medicare, and your family's eligibility for survivors benefits.
Credits are calculated based on your total wages and self-employment income for the calendar year. You could work all year to earn four credits, or you could earn enough in much less time.
The number of credits required for family members to be eligible for survivors benefits is determined by your age at the time of death. The fewer credits required, the younger you are. Nobody requires more than 40 points.
40 (service credits) × $ 32 = $1280 per month
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A business that buys goods from producers and sells them to retailers is callled:_________
why might a toy store have total liabilities that far exceed their assets as of december 15th versus a month later on january 15th
A toy store may have total liabilities that far exceed their assets as of December 15th due to the costs associated with holiday shopping.
During the holiday season, toy stores typically have to purchase more inventory to meet the higher demand, which can lead to an increase in debt. Additionally, the store may be offering discounts and other promotions to boost sales, which may require them to borrow money to cover the costs. On January 15th, the store may have sold off much of their inventory, paid off some of the debt, and may have received payments from customers, which would reduce the amount of liabilities and help the store's balance sheet improve.
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what is the maximum fine for a conviction of driving without a valid driver license? $500 $50 $200 $100 submit answer
The maximum fine for a conviction of driving without a valid driver license is $200 .
Driving without a license is a “ wobbler ” offense that can be charged as either a mis-demeanor or an infraction. If charged as a mis-demeanor, the maximum penalty is 6 months in jail and a $ 1,000 court fine. If charged as an infr-action , the maximum penalty is a $ 200 court fine.
It is a criminal of-fence to drive with-out a license. You are required to hold a fu-ll, valid driving license unless you are a learn-er with a provision-al license.
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The maximum fine for a conviction of driving without a valid driver's license can vary depending on the jurisdiction. It can range from a few hundred dollars to several thousand dollars.
Explanation:The maximum fine for a conviction of driving without a valid driver's license can vary depending on the jurisdiction. However, it is important to note that fines for driving without a valid driver's license are generally set by individual states or provinces, and can range from a few hundred dollars to several thousand dollars. In some cases, the maximum fine can be as high as $5,000 or more.
For example, in the state of California, the maximum fine for a conviction of driving without a valid driver's license is $250 for the first offense, and can increase to up to $1,000 for subsequent offenses.
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if steak is a normal good, what do you suppose would happen to price and quantity during an economic recession?
During an economic recession, the price and quantity of steaks would be likely to decrease. This is because people tend to cut out back on the items that are not considered essential during the period of economic downturn.
When people have less money with them to spend on goods and services, the demand for normal goods just like steak gradually starts falling. As demand falls, so does the amount of steak produced and this lead to the price of steak to fall. In addition to it, businesses may lower their prices in an attempt to get attracted by more customers, which further lowers the price of the steak.
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you are considering purchasing an existing single family house for $200,000 with a 20 percent down payment and a thirty-year fixed-rate mortgage at 5.5 percent. - what would be your monthly mortgage payment?
When purchasing an existing single family house for $200,000 with a 20 percent down payment, then the monthly mortgage payment is 908.46 (option A) is correct.
Down payment:
20%*200,000 = 40,000
Loan:
200,000-40,000 = 160,000 = PV
Tenure:
nper = 30yrs = 30*12 = 360 months
Rate:
5.5% pa = 5.5%/12 pm
Monthly Payment:
PMT(Rate,nper, PV,FV)
= PMT(5.5%/12, 360,160000,0) = 908.46
Monthly payment is 908.46
If Rate is 5%, then monthly payment = PMT(5%/12, 360,160000,0) = 858.91
Principal and interest payments try to compensate for your monthly mortgage payments. You should indeed purchase private mortgage insurance if your down payment is less than 20%, which enhances your monthly payment.
Real estate or property taxes are additionally included in some payments.
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