Answer:
The answer is <u>84% of the wage earners earn less than $14,000 each.</u>
Explanation:
This would make the most sense in the buissness area.
Answer:
A) 7.0%
Explanation:
Average total Assets = (Opening Assets + Closing Assets) / 2
Average total Assets = (200,000 + 300,000) / 2
Average total Assets = $250,000
Formula for return on assets:
Return on assets = Net Income /Average total Assets
Return on assets = 17,500 / 250,000
Return on assets = 0.07
Return on assets = 7%
Correct option is A) 7.0%
Answer:
c. Internal benefits are less than external benefits
Explanation:
Lets first understand what a positive externality is. Positive externality is the effects of an activity that has greater and/or additional benefits to the society as a whole as compared to the benefits enjoyed by the individual responsible for creating such a positive impact. One of the common examples of positive externality is getting education, when we get education that provides us benefits on a personal level but it also helps you reach to a position where you can educate others and/or the society in general. This means that educating yourself not only benefits you but also has a positive influence in the society.
Similarly, if you walk to work every day, this will make you more healthy and will reduce congestion in the city and benefit every body else as well.
Answer:
a. Facilitating a greater supply of money for borrowers
Explanation:
Interest rates represent the cost of borrowing money. Low interest implies a reduced cost of borrowing money. Households and firms will be encouraged to borrow more when interest rates are low.
Increased borrowing results in an increase in consumer spending and investments. The amount of money supply in the economy increases as individuals and businesses borrow.
