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3 years ago

A transaction between two parties who agree to trade money for a product or service is referred to as _____ exchange.

1 answer:

3 0

The answer to this question is: Voluntary exchange
In economy, voluntary exchange refers to the trade of resources between two parties that based on their own will.
This type of exchange usually could only happen because both parties feel that they will be advantaged from the exchange

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In a well-constructed paragraph, evaluate the significance of government to the economic well-being of the nation or people. Inc

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5.From which of the following, we get more sun's energy-

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Eating other people

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2 years ago

andie needs to borrow $6,000 to buy a car. one dealer offers her a monthly payment of $193.60 on a 3-year loan with an apr of 10

Kitty [74]

Given the above stated information, the the correction options is C. Three year loan costs less than 4 year loan.

<h3>What is a the calculations justifying the above answer?</h3>

The computation is executed using excel. Here is the explanation for same:

There are two loan choices available. We must calculate the total payments for both alternatives and choose the one with the lowest cost.
The first option is to pay $193.60 per month with 10% interest for 3 years.
The second option is to pay $158 per month for four years at 12% interest.
Total cost for option 1 is $969.60.
Total cost for option 2 is $1584.00.

Hence from

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Full Question:

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2 years ago

In a command economy, decisions about which goods are produced are based on:

Gemiola [76]

Answer:

public sector is the answer because it's right

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3 years ago

Which of the following statements is true? A. The law requires a home inspection prior to every property transaction. B. Most ho

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The correct option is A.
Home inspection refers to the examination of the condition of a home prior to buying. Home inspections are usually conducted by professional home inspectors who had been trained on that field. The law demands that a property should be inspected prior to buying and selling of that property. Home inspection is done purposely to identify any problem that might be associated with the property.

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3 years ago

Assuming a 360-day year, when a $20,000, 90-day, 5% interest-bearing note payable matures, total payment will be

solong [7]

Answer:

total payment will be $21,000.

Explanation:

The Payment at maturity will include, the Principle amount (amount borrowed) and the Interest that accrued over the period of the note payable.

<u>Total Payment Calculation :</u>

Principle amount = $20,000

Interest ($20,000 × 5%) = $1,000

Total Payment = $21,000

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3 years ago

A transaction between two parties who agree to trade money for a product or service is referred to as​ _____ exchange.

A transaction between two parties who agree to trade money for a product or service is referred to as _____ exchange.