A mortgage is a that type of loan which is used to purchase or maintain any home or land or other types of real estate.
The borrower always agrees to pay the lender an amount over time, generally in a series of regular payments which are divided into principal and interest. The property is then served as collateral to secure the loan.
The history of mortgages in the United States was very turbulent. Market disruptions which arose from the Great Depression lead to the creation of government institutions which backed the mortgages.
The Home owners loan corporation, the federal national mortgage association and The federal housing administration were some of the institutions which were formed as government institutions.
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Answer:
Given that,
Actual cash received from cash sales = $18,371
Amount indicated by the cash register = $18,400
Cash short:
= Amount indicated by the cash register - Actual cash received from cash sales
= $18,400 - $18,371
= $29
Therefore, the journal entry is as follows:
Cash A/c Dr. $18,371
Cash over and short A/c Dr. $29
To sales $18,400
(To record the cash receipts and cash sales)
Answer: Option (d) is correct.
Explanation:
According to the comparative advantage, a nation has a comparative advantage in a production of certain good if the opportunity cost of producing that good is lower than the other country.
Here, Germany both exports and imports watches. This is because of the difference in the opportunity cost of producing two kind of watches that are High-end and low-end watches. So, it is possible that Germany has lower opportunity cost of producing high-end watches than the other countries, therefore, it exports high-end watches. Hence, it has a comparative advantage in producing high-end watches.
Alternatively, it is possible that Germany has higher opportunity cost of producing lower-end watches than the other countries, therefore, it imports low-end watches.
Answer:
GDP is less than their GNP
Explanation:
Based on the information provided within the question it is safe to say that the countries GDP is less than their GNP. This is because GNP refers to the value of all the goods and services produced by the citizens of the country regardless where the goods or services are being sold, while the GDP only refers to all production inside of a country including foreign countries products.
Practices that reduce competition without actual documented agreements between firms to raise price are commonly referred to as <u>restrictive practices.</u>
<h2>
How does competition affect the demand curve of a firm?</h2>
When competing firms establish prices in response to the prices set by their competitors, the demand curve that each firm faces becomes ambiguous. Increased government wheat price subsidies will not make wheat growing more lucrative.
<h2>
What has the regulator allowed firms to do to set prices?</h2>
The regulator has allowed for an adjustment for the firm's usual rate of profit, and then established the price that customers can be paid correspondingly.
<h2>What are Restrictive practices?</h2>
Restricted interventions are another term for restrictive practice. This is when someone is forced to do something they don't want to do or is prevented from doing something they want to do.
This can be accomplished by employing:
- seclusion.
- environmental constraint medication (sometimes referred to as chemical restraint).
- mechanical restraint psychological restraint.
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