Amount of the initial investment to find the increase expressed as a rate. For example, to figure how long it takes $16,000 to grow to $24,000, divide $24,000 by $16,000 to get 1.5.
Answer:
Confirmation bias
Explanation:
Confirmation bias occurs from the direct influence of desire on beliefs. When people would like a certain idea or concept to be true, they end up believing it to be true. They are motivated by wishful thinking. This error leads the individual to stop gathering information when the evidence gathered so far confirms the views or prejudices one would like to be true. Once we have formed a view, we embrace information that confirms that view while ignoring, or rejecting, information that casts doubt on it. Confirmation bias suggests that we don’t perceive circumstances objectively. A confirmation bias is a type of cognitive bias that involves favoring information that confirms your previously existing beliefs or biases.
For example, imagine that a person holds a belief that left-handed people are more creative than right-handed people. Whenever this person encounters a person that is both left-handed and creative, they place greater importance on this "evidence" that supports what they already believe. This individual might even seek "proof" that further backs up this belief while discounting examples that don't support the idea.
Answer:
Increased Money supply and decreased rates
Explanation:
When the Federal reserve buys the bonds on the Open market operations, the cash is disbursed by the Fed to the seller of bonds which in case increases the money that is supplied in the market and hence the quantity of money held by general public. The interest rate will ultimately decrease as the money supply is more and people tend to spend more than save.
Hope this clear things up.
Goodluck.
Answer:
A. Rental insurance covers your personal belongings but not the building
Explanation:
RENTAL INSURANCE is a type of insurance that help to cover or replace a person or an individual personal belongings in the case of unforseen circumstances such as theft ,fire accident or damage to Property which may arise and on the second hand RENTAL INSURANCE does not cover damage to a person personal property that arise due to damage causes by natural disasters such as hurricanes as well as carpeting repair due to water heater leakage.
Lastly RENTAL INSURANCE does not cover the actual building reason been that it only landlord Insurance policy that covers the actual building which means that the correct statement regarding rental insurance is :Rental insurance covers your personal belongings but not the actual building.