Answer:
$60,410
Explanation:
The computation of the maximum borrowing amount is shown below:
= Home worth for today × borrowing percentage - remaining mortgage balance
= $164,000 × 68% - $51,000
= $111,520 - $51,000
= $60,410
We simply take the difference between the borrowing amount and the remaining mortgage balance in order to find out the maximum borrowing amount
NN is more elastic between points A and D than curve MM is between points A and C. True.
Between points A and D, curve NN is inelastic. True.
Between points A and E, curve OO is perfectly elastic. True.
<u>Explanation:</u>
In Economics, elasticity is the estimation of the relative difference in a monetary variable because of an adjustment in another. It shows how simple it is for the provider and buyer to change their conduct and substitute another great, the quality of a motivating force over decisions per the relative open door cost.
Elasticity of demanded quantifies how the measure of good changes when its cost goes up or down. Flexibility is a proportion of the affectability of factors to a modification in another variable.
Answer: It will stay the same i.e %ΔP = 0
Explanation:
We are given the following formula,
%ΔM + %ΔV ≈ %ΔP + %ΔY
And told that,
%ΔV = 0
%ΔM = %ΔY
If that is the case therefore then the new formula should be written as follows,
%ΔM = %ΔY
This is because the % change in money supply is the only variable that is on the left side of the equation. For it to be equal to % change in real GDP on the right side of the equation then ONLY the % change in real GDP can exist on the right side. Which means that %ΔP has to be 0 as well.
For example, assume both %ΔM and %ΔY are 2 and %ΔP is 1
%ΔM = %ΔY
2 ≠ 2 + 1
The equation is not satisfied.
Now assume %ΔP = 0.
2 = 2 + 0.
Equation is satisfied.
Seeing as %ΔP is 0 that means there is no change in Prices so the Price Level stays the same.
Answer:
the ringht answer is C.
Explanation:
the accomplishment of goals in the organization that would help her in the summary of her personal characteristics because, they are all the contributions that she has offered to the company at a professional level to contribute in the good management of her processes