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Lilit [14]
4 years ago
8

You have just obtained a mortgage to purchase your home. The​ ________ that you paid to obtain the loan are charges that must be

paid at the time of the sale and serve to raise the effective cost of the loan.
Business
1 answer:
garik1379 [7]4 years ago
8 0

Answer:

Points

Explanation:

Mortgage points or discount points are prepaid interest available when obtaining a mortgage.

When a lender charges the borrower points he is in effect increasing the yield on the loan above the interest rate agreed on the loan.

Borrowers can also offer points to the lender to obtain a reduced interest rate and reduced monthly payment in exchange for upfront payment of points.

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A $45 billion reduction in taxes increases Real GDP by $130.5 billion. Assuming a constant price level, what does the tax multip
lord [1]

Answer:

Tax multiplier= 2,9

Explanation:

Tax multiplier represents the multiple by which gross domestic product (GDP) increases (decreases) in response to a decrease (increase) in taxes.

In the simple version of tax multiplier, it is assumed that any increase or decrease in tax affects consumption only (and has no effect on investment, government expenditures, etc.)

The formula is:

TMs=MPC/MPS=MPC/(1-MPC)

TMs= is the simple tax multiplier;

MPS= marginal propensity to save (MPS); and

MPC=  marginal propensity to consume.

In this exercise, we do not possess the required information to use the general formula.

We need to use an alternative formula:

Decrease in taxes= change in GDP/tax multiplier

tax multiplier= change in GDP/Decrease in taxes

tax multiplier= 130,5billion/45billion=2,9

7 0
3 years ago
Explain the basic way that the "Fed" influences the money supply in the United States.
Fittoniya [83]

Answer:

By means of controlling how money fluctuates throughout the nation.

Explanation:

For example, banking interest rates and Open Market Operations. The banking interest rates refer to how much money, your money, makes while sitting in the bank.

3 0
3 years ago
Success metrics are also known as ________.
soldi70 [24.7K]
Success metric are also known as KEY PERFORMANCE INDICATORS. Success metric is used to quantify an organisation's behavior, activities and performance taking into consideration all the stakeholders that are involved in the business. It can also be used to measure the degree of performance of employees. 
3 0
3 years ago
OSHA Part 1926 Subpart K covers the safety and health regulations for which of the following?
olganol [36]

Answer:

the answer is electrical work

Explanation:

um I just looked it up to be honest

4 0
3 years ago
Candace is writing a proposal for her board of directors to request that her company implement a wellness program. The first thi
denpristay [2]

Answer:

The answer is letter A.

Explanation:

The first thing she should do is to __decide on the purpose of her proposal.________.

4 0
3 years ago
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