Applying for a loan in each of the dealerships he visited will have negative consequences on his credit score.
The credit score is a term to refer to the score that people have toward the financial system. The credit score is a kind of business card for each person regarding their financial life.
One of the most common mistakes people make is when they make multiple credit applications when they intend to buy something because this is a bad practice for their credit score.
For example, if Jason completed credit applications in four different dealers, his score may drop because the entities that are going to lend him the money consider this activity as something negative.
In addition, people who apply for loans in different entities are generally forced to do so because they are denied the possibility of credit, that is, they have an unfavorable history to access a loan.
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Answer:
I don't know. I think a lot of the variability in wages would be due to statistical noise.
Answer:
$380 million
Explanation:
Given that,
Deposits = $120 million
Required reserve ratio = 20 percent
Total bank reserves = $100 million
Required reserve ratio refers to the portion of deposits that is kept with the reserve bank.
Required reserves:
= Deposits × Required reserve ratio
= $120 million × 0.2
= $24 million
Excess reserves:
= Total reserves - Required reserves
= $100 - $24
= $76
So, there is a excess reserves in this economy.
Money multiplier = 1/Required reserve ratio
= 1/0.2
= 5
Therefore, the total money creation potential of this deposit is as follows:
= Excess reserves × Money multiplier
= $76 × 5
= $380 million
Hence, an increase in deposit creation by $380 million.
Answer:
Independent agencies; reliability and stability
Explanation:
Bonds are securities which help to raise funds. Bonds generally rated by independent agencies, which rate bonds based on their performance and reliability. Independent agencies forecast the future prices of bonds based on historical data. Investors highly rely on bond ratings because it helps them to identify the best investment decision. Investors usually invest in bonds which are rated higher due to their reliability and future predictions.
Answer:
Option (C) is correct.
Explanation:
Given that,
Data for December 2017,
WIP, beginning inventory 12/1/2017 = 22,500 units
Started during December = 76,700 units
Units Completed and transferred out 12/31/2017 = 72,300
Ending inventory 12/31/2017 = 18,400 units
Therefore,
Number of total spoiled units:
= (Beginning inventory + Started during December) - (Units Completed and transferred out + Ending inventory)
= (22,500 + 76,700) - (72,300 + 18,400)
= 99,200 - 90,700
= 8,500 units
