Answer:
Industrialization contributes to negative externalities such as environmental pollution. Separation of capital and labor creates a disparity in incomes between laborers and those who control capital resources.
Explanation:
Answer:
1.9%
Explanation:
Real interest is the return that investors would require without inflation.Money interest is the return that investors would require with inflation.The real interest can be calculated using the following formula:
(1+i)(1+r)=(1+)
where
i=inflation rate=5%
r= real interest rate
m= money interest rate =7%
(1+5%)(1+r)=(1+7%)
1+r=(1+7%)/(1+5%)
1+r=1.019
r=1.02-1=0.019
Real interest rate=0.019*100=1.9%
Answer:
Explanation:
If you don't or can't make payments and this keeps up, the person or institution making the loan could take possession of the collateral and use it as at least partial payment for the loan. Bottom line.: you loose an asset.
Answer:
Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy. ... Over time, as our society and economy have changed, government activities within each of these functions have expanded.