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densk [106]
4 years ago
14

When did England begin using interest as we know it today?

Business
1 answer:
balu736 [363]4 years ago
7 0

Answer: Britain has been offering interest rates since the 18th century.

Explanation:

Over the decades, interest rates offered by British banks have fluctuated. During the eighteenth century, that interest rate varied between 4 and 5%. During the 19th century, the interest rate ranged between 4 and 10%. This policy experienced many fluctuations during the 20th century and during that period formed the form as we know it today. In the late 1970s, the interest rate in Britain was the highest at 17%. The government justified this move as the only mechanism in the fight against inflation. This was followed by years of varying interest rate turbulence in Britain. According to the information available in 2007. by 2017, the interest rate in Britain has fallen significantly and stands at 5.75%, which is the lowest rate in recent centuries. Interest history is almost as old as civilization. The first vestiges of interest can be traced back to the Babylonian culture when interest was calculated based on wheat and other goods.

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Suppose that government officials have set an emissions tax to reduce pollution. Assume that the optimal tax would be $1,500, bu
Mariulka [41]

Answer: there will be too much pollution

Explanation:

From the question, we are informed that government officials have set an emissions tax to reduce pollution and that the optimal tax should have been $1,500 but government officials have set the tax equal to $500.

It should be noted that due to the fact that the optimal tax has been set below the equilibrium, this will lead to a rise in pollution as the people will be aware that they're paying less than the optimal level which will lead to more pollution. An increase in the optimal tax will have help in reducing the pollution.

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3 years ago
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GuDViN [60]

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Explanation:

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Some people may refuse treatment because they don't feel like they need the treatment and believe there is nothing wrong with them hence an initiation of commitment proceeding may be crucial to give them the help that they actually need.

A person who says they wish to end it all may end up taking their own lives if they are not admitted to a psychitric treatment.

6 0
3 years ago
A dividend is _____.
guajiro [1.7K]
I think it is C.Money a company shares with stockholders.
8 0
3 years ago
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Vlad1618 [11]

Answer:

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3 0
3 years ago
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Novosadov [1.4K]
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