Payment history, along with public records account for about 35% of your score. Late payments on your current and previous credit accounts generally lower your score.
That should answer your question.
<u>Full question:</u>
Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $60 since you have to miss work." His friend is referring to the _________________.
Select the correct answer below:
a)economies of scale
b)budget constraint
c)opportunity cost
d)opportunity set
<u>Answer:</u>
His friend is referring to the opportunity cost
<u>Explanation:</u>
Opportunity costs describe the gains a person, investor or company drops out on when picking one choice over another. The cost of practicing something is previously the cost of the highest-valued alternative use. Bottlenecks are frequently a condition of opportunity costs.
The method for determining an opportunity cost is solely the contrast within the expected returns of any option. Estimating opportunity costs can lead you to more effective decision-making. Opportunity cost examination also performs a crucial role in preparing a business's capital structure.
Answer:
A failure of the financial sector.
Explanation:
Financial sector indicates all banks and non-banking institutions. These sectors are the source of money supply in an economy. If this sector fails to do such work, the economy might face severe money crisis and the effect would be immediate. An example of it is 2007-08 depression in the US economy.
Answer:
c. The real interest rate is 1 percent and the expected inflation rate is minus 2 percent
Explanation:
Nominal interest rate = real interest rate + expected inflation rate.
For the third option, the nominal interest rate: 1% + (-2%) = -1%
For the first option, the nominal interest rate: 2% + 1% = 3%
For the second option, the nominal interest rate: 0 + 2% = 2%
For the fourth option, the nominal interest rate: -2% + 3% = 1%
I hope my answer helps you
You must be careful of any bikers who decide to take the sidewalks and of any cars that come close when you walk on the road
