Answer:
Find out the reason why the loan was rejected
You can also look for another lender
Explanation:
Loan application could be declined for so many reasons. However , in a situation where an application is not granted , it is good to find out the reasons behind the decision so as to avoid repeating such in subsequent application.
Another step to be taken after denial of application is to look for alternative lender and make another application . One may also need to improve on the application to avoid another denial this time around.
Answer:
a. economies of scale.
Explanation:
Local electricity companies generally have natural monopolies resulting from both economies of scale and/or control of natural resources. Economies of scale refers to the average total costs decreasing as the total output generated by the company increases. For example, it is extremely expensive to generate electricity for 1 single home, but the average total cost for generating electricity for 1 million homes is very low. Generally utilities are monopolies because it is very expensive to set and start operating the company, but once it is operating its average costs per consumer are very low.
The above exercise has to do with GDP Analysis. It contains a comparison between Real GDP and nominal GDP.
<h3>What is real GDP?</h3>
Real GDP refers to a version of GDP (Gross Domestic Product) that has been adjusted for the effects of price inflation.
Thus:
From 2007 Q4 through 209 Q2, the real GDP grew by - 3.98%. This was a negative growth.
This was computed by the following formula:
% Increase = (Amount representing increase/ Original Figure) x 100
That is : ((15,134.10 -15762.00)/15,762.00)*100
= -3.98363151884
≈-3.98
Learn more bout Nominal GDP at;
brainly.com/question/834792
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Answer:
increase of VAT is bad
Explanation:
In particular, raising VAT will have a negative effect on productivity growth. Increasing its rate reduces the economic incentives to trade and therefore hampers the division of labour and the associated productivity gains from increased specialisation, economies of scale and so on.
