All categories

2 years ago

What type of debt has the highest consumer debt balance?.

Business

1 answer:

Zinaida [17]2 years ago

4 0

The student loan debt has the highest consumer debt balance.

Below is an explanation about student loan debt.

<h3>What is Student Loan debt</h3>

Student debt is a type of debt that is owed by a current student, a formerly withdrawn student or graduated student to a lending institution, or to a financial institution

This type of loan has the highest consumer debt balance.

Lean more about types of debt at brainly.com/question/2754850

You might be interested in

Ezra runs a gyro stall at a farmers market

olga nikolaevna [1]

The rest of the question?

8 0

3 years ago

A _______ is a long period of rising stock prices.

Alecsey [184]

A bull market is a long period of rising stock prices. Bull market is a part of financial market that is being invested for a long period of time and is expected to gain a higher rise in the price.

3 0

3 years ago

Read 2 more answers

Suppose investment spending increases by $50 billion and as a result the equilibrium income increases by $200 billion. the value

iren [92.7K]

<span>The marginal propensity to consume (MPC) is the the change in consumption divided by change in income. Where change in in consumption = $50B and change in income = $200B. So we have 50/200 =1/4 = 0.25. So the MPC is $250M</span>

8 0

3 years ago

A review of the ledger of Wildhorse Company at December 31, 2020, produces the following data pertaining to the preparation of a

Neko [114]

Answer:

Salaries expense 5,190

Salaries payable 5,190

unearned rent revenue 90940 debit

rent revenue 90940 credit

advertizing expense 6,800 debit

prepaid advertising 6,800 credit

interest expense 3,934 debit

interest payable 3,934 credit

Explanation:

<u>Salaries accrued</u>

5 employes $750 each = 3750

3 employees $480 each = 1440

Total = 5190

<u>Rent revenue</u>

$6,670 per month x 5 lease x 2 months (from Nov 1st to Dec 31st) =66700

$6,060 per month x 4 lease x 1 month = 24240

total 90940

<u>advertizing:</u>

8,400 / 12 months x 8 months expired = 5600

9,600 / 24 months x 3 months expired = 1200

total 6,800

interest on note payable:

principal x rate x time

56,200 x 12% x 7/12 = 3,934

8 0

3 years ago

Vulnerable persons are those who are less able to protect themselves than other persons in a given situation. The Common Rule (4

sweet-ann [11.9K]

Answer:

The correct option is;

Workers

Explanation:

The Federal Policy for the Protection of Human Subjects or the “Common Rule” was published in 1991

Under the Health and Human Service regulations 45 CFR part 46 (the Federal Policy for the Protection of Human Subjects or "Common Rule" published in 1991) the principles of ethical research involving human subjects, care should be taken with regards to the specific requirements of vulnerable populations such as children, pregnant women, prisoners, mentally disabled persons, economically disadvantaged or educationally disadvantaged persons.

6 0

3 years ago