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Likurg_2 [28]
3 years ago
7

A real estate broker takes an exclusive right to sell listing from a seller for $400,000. A buyer makes an offer for $375,000, w

hich the seller accepts. Before the sale closes, the buyer discovers that the broker misrepresented the square footage of the home. Based on this information, the purchase contract is probably:
Business
1 answer:
LuckyWell [14K]3 years ago
5 0

Answer:

Based on this information, the purchase contract is probably <u>Void/Voidable</u> under the Truth in Lending Act (TILA) of 1968 is a United States

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Suppose that real GDP equals $10 trillion, nominal GDP equals $20 trillion, and the aggregate price level equals 2.
Archy [21]

Answer:

b) $10 trillion

Explanation:

Price level = NGDP / RGDP = 2

NGDP / RGDP = 2

As per the quantity theory of money,

MV = PQ

M.(2) = 20

M = 10 trillion

Therefore, The  money supply is $10 trillion.

4 0
3 years ago
If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the
mylen [45]

Answer:

b) 156

Explanation:

Total utility is the total amount of satisfaction received by a consumer after consuming a given quantity of a product or service. In this question there is the total utility of five product.

Total utility = 162

utility of fifth product = 6

Total utility of other four products = Total utility - utility of fifth product

Total utility of other four products = 162 - 6 = 156

4 0
3 years ago
Today we see a very low unemployment rate with a controlled and acceptable inflation rate. Which of the following statements cou
serious [3.7K]

Answer:

A. All of these 3 other possible answers that are listed here are true reasons.

Explanation:

If we are to use wage the rate of change in wages or inflation, as a proxy for inflation in the economy, when there is unemployment, the number of persons searching for work is significantly greater than the number of jobs available for the people who are unemployed. What we mean is, the supply of labor is greater than the demand for it.

With the availability of many workers, there's little need for employers to "bid" for the services of employees by paying them good wages.

7 0
3 years ago
Read 2 more answers
If accrotime guarantees a full refund on any defective watch for 2 years after purchase, what percentage of total production wil
scZoUnD [109]

 The problem is missing some parts but nevertheless here is the solution:

Given:

Mean is 28

Standard deviation is 5

 

So we denote the problem as x <= 2

 For X ~ N (28, 5^2) 
we are looking for the percentage:

P{X>24} = P {Z>z}

 Where z = (24-28)/5 = 4/5 = - 0.80. 


P {Z> -0.80} = 1 - P{Z< -0.80} = 1 - 0.2119.

Or in percentage, it is replaced as P{Z< -0.80} = 0.2119, 21.19%. 

5 0
3 years ago
Smith, inc., has maintained an ownership interest in watts corporation for a number of years. this investment has been accounted
Elenna [48]
The amount that the company is worth at that exact time
4 0
4 years ago
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