This type of financing is called a mortgage loan. This is widely used in real estate business. The buyer acquires the real estate property, say a house. Without paying the full price of the house, you can apply for a loan, usually with banks. In return, you are going to allocate monthly payments to pay off the principal amount that you borrowed plus the interest of your loan until all debt pays off. Until the debt is not yet cleared, your property is declared as collateral.
Answer: c. III only
Explanation:
The marginal propensity to consume (mpc) measures the proportion of a consumers income that is spent.
The marginal propensity to save (mps) measures the proportion of a consumers income that is saved.
It is usually assumed that disposable income is either saved or spent, so mps + mpc = 1
The multiplier is measured as : 1 / MPS or 1 / (1-MPC)
the MPC has a positive relationship with the multiplier.
The answer is it depends if the seller is the owner or a representative of the seller.
The answer is True if the seller is the one selling the product. The warranty of title is added automatically once the purchase is made. But in the situation wherein the seller had asked someone to represent him, then the title would not be automatically be added.
Bc all the x’s are all different #
