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Mariana [72]
3 years ago
8

When qualifying a buyer using the Fannie Mae guidelines, what is the ratio allowed for the amount of money for housing expense c

ompared to GMI
Business
1 answer:
vfiekz [6]3 years ago
8 0

Answer:

28%

Explanation:

Most mortgage lenders, including Fannie Mae, use the 28/36 rule. That rule states that a family should spend no more than 28% of the gross monthly income (GMI) on housing expenses, and pay no more than 36% of GMI to cover debts (mortgage payments are included in this 36%).

Statistics show that households that do not comply with the 28/36 rule, tend to have difficulty paying back loans.

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Quantitative easing is the Question 8 options: gradual release of money into the money supply through open market operations. ta
RideAnS [48]

Answer: targeted use of open market operations in which a central bank targets certain markets

Explanation:

Quantitative easing is referred to as the targeted use of the open market operations whereby a central bank targets certain markets.

Quantitative easing (QE) is a form of monetary policy whereby the central bank buys securities from the open market so as to enable a scenario where there'll be a rise in the money supply and also encourage investment and lending in the economy.

7 0
3 years ago
A company planning to market a new model of motor scooter analyzes the effect of changes in the selling price of the motor​ scoo
Andrew [12]

Answer:

A. If the motor scooter is sold for $2.480, then the net present value (NPV) for the product will be zero.

Explanation:

As we believe that The break even point is the point where the organization has no income gained and no loss incurred While the present net value is the value that determines whether or not the projects will be approved after considering the discounted cost.  

It means that if the original investment is less than the present value then the proposal is otherwise refused, the break even point is where the net present value is zero

Hence, the first option is correct

3 0
3 years ago
Quill Manufacturing Business makes two models of marking pens. The requirements for each lot of pens in the three manufacturing
Juliette [100K]

Answer:

Optimal production quantity for the Tiptop model pen is 7.5 lot  

Explanation:

Say, X and Y is the is the fliptop and tiptop quantity respectively, then

Profit = 1000*(X + Y)

Objective function: Maximize 1000*(X+Y) subject to;

Eq:1 3X+4Y=< 36

Eq:2 5X+4Y=< 40

Eq:3 5X+2Y=< 30  

Using Excel Solver, we get:  

Optimal production quantity for the Tiptop model pen is 7.5 lot  

7 0
3 years ago
Use the drop-down menus to analyze the writing prompt. Format: Examine a Centers for Disease Control advertising campaign that p
Wewaii [24]

There are different ways to promote vaccination. The Centers for Disease Control advertising are known to organize different campaign that helps to promotes the influenza (flu) vaccination.

It is often done through the use of promotional posters/flyers with the aim to advertise the various locations in the community that helps or offer seasonal flu vaccinations.

They also display posters that talks about flu vaccination in schools, break rooms, cafeterias, high-traffic areas, etc. There is the use of articles in that are published on newsletters, internet, emails, etc.

<h3>Why spread awareness on vaccination?</h3>

The organization are known to use celebrities or employers to be vaccine ambassadors thereby promoting vaccines within and outside organization. The use of all these media above has influenced the rate at which people get vaccinated. The use of posters and other public figures to encourage vaccination has help reduce the spread of disease among the people.

Learn more about  advertising campaign from

brainly.com/question/15211775

5 0
2 years ago
Read 2 more answers
You operate a car detailing business with a fixed amount of machinery​ (capital), but you have recently altered the number of wo
NemiM [27]

Answer:

1.5 cars

Explanation:

Three employees can produce a total of:

= 4 × 3

= 12 cars in an hour.

Five employees can produce a total of:

= 3 × 5

= 15 cars in an hour

So, the increase in total product of labor as I increase the labor from 3 to 5 employees:

= Total product when 5 employees are hired - Total products when 3 employees are hired

= 15 - 12

= 3 cars.

So, the marginal product of moving from 3 to 5 workers:

= 3 ÷ 2

= 1.5 cars

3 0
3 years ago
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