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2 years ago

1. When you spend more than you make, you have a(n) _____?

2 answers:

7 0

I think the correct answer from the choices listed above is option A. When you spend more than you make, you have a deficit. <span>In economics, a </span>deficit is<span> an excess of expenditures over revenue in a given time period. Hope this answers the question. Have a nice day.</span>

Alik [6]2 years ago

3 0

When you spend more than you make, you have a deficit. Correct answer: A Deficit occurs when expenses exceed revenue, imports exceed exports, or liabilities exceed assets and it is an indicator of financial health. Surplus on the other hand is the opposite of deficit.

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Delilah purchased a wheelchair with an installment loan that has an APR of 18 percent. The wheelchair sells for $2,007. The stor

alukav5142 [94]

Answer:

$748.48

Explanation:

Cost of wheelchair = $2,007

Down payment = Cost of wheelchair*20% = $2,007*20% = $401.40

Amount of finance = Cost of wheelchair - Down payment = $2,007 - $401.40 = $1,605.60

Interest rate = 18% * 1/12 = 1.5%per month

Term = 54 month

Monthly payment = Amount of finance*I/[1-(1+I)^-n]

Monthly payment = $1,605.60*1.5%/[1-(1+1.5%)^-54]

Monthly payment = $1,605.60*1.5%/[1 - 0.447541]

Monthly payment = $1,605.60*0.015/0.55246

Monthly payment = $43.59411

Total amount paying for loan over a period = Monthly payment * Term = $43.59411 * 54 = $2354.08

Amount of finance charge = Total amount paying for loan - Amount of loan

Amount of finance charge = $2354.08 - $1,605.60

Amount of finance charge = $748.48

5 0

2 years ago

7. John earned $2,500 as a life guard over the summer. This was his only job and income taxes were deducted from his paychecks b

guapka [62]

My answer is choice d.

7 0

2 years ago

Natalie and shay are both employees at righttool, inc. the marketing manager often meets with shay, the production manager, to s

miss Akunina [59]

This is an example of Direct marketing as Natalie and shay are both employees in righttool, inc. Shay, the production manager, and the marketing manager frequently meet to solve specific mutual problems.

<h3>What is direct marketing?</h3>

Direct marketing is the direct communication or the distribution to the customers, individuals or to the shopkeeper without involving the third party.

Direct marketing is so-called because it generally eradicates the middleman, such as adverts, it exclude Mail, email, social media, and texting campaigns.

Thus, it is called Direct marketing.

For more details about Direct marketing, click here:

brainly.com/question/14008832

#SPJ1

5 0

1 year ago

The opportunity cost of going to college is a. the total money spent on food, clothing, books, transportation, tuition, lodging,

kogti [31]

Answer: the value of the best opportunity a student gives up to attend college

Explanation: Opportunity cost is the cost of loosing benefits that one could have received if he or she would have chosen one alternative over the other. Usually the chosen alternative is the best and the rejected one is the second best.

Therefore, if a student decides to get to college the other opportunities that he might have chosen like doing a job or business is his opportunity cost.

Hence from the above we can say that the right option is B.

6 0

2 years ago

Read 2 more answers

Economic growth and public policy Suppose Vaabo, a Finnish-owned auto manufacturer, builds a production facility in Kentucky. Th

Yakvenalex [24]

Answer:

The correct word for the blank space is: direct.

Explanation:

Foreign Direct Investment is a type of cross-border investment to create a lasting interest that a resident company based in one country could have in a company operating in another. Lasting interest implies a substantial degree of interest in the company's management as well as establishing a long-term relationship between the direct investor and the direct investment business.

7 0

2 years ago