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Sergeeva-Olga [200]
3 years ago
9

In two to three sentences, describe how making minimum payments on credit card balances increases the total cost.

Business
1 answer:
rjkz [21]3 years ago
3 0

Answer:

If you only make the minimum payment on your credit card, it could take years to pay off the balance. you could end up spending hundreds, in interest by the time the balance is required.

Explanation:

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Answer: a. 10 utils

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Total utility from three units = 84 utils

Total utility from two units = 74 utils

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According to liquidity preference theory, the money-supply curve would shift rightward a. if the Federal Reserve chose to increa
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According to liquidity preference theory, there is a rightward shift in the money supply curve when the federal reserve decides to raise the money supply.

Option A is the correct answer.

<h3>What is a federal reserve?</h3>

The federal reserve is the central banking authority in America which was established in the year 1913 under the Federal Reserve Act.

When the federal reserves increase the money supply then the money supply curve moves in the right direction and when the federal reserve decreases the money supply then the money supply moves toward the left. This shows a direct relationship between the federal reserve and the money supply curve.

Therefore, there is a rise in money supply by the Federal reserve causing the money supply curve to shift in the right direction.

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1 year ago
Type the correct answer in the box. Spell all words correctly. Which drawback of being an entrepreneur can disrupt your personal
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Answer:

an unpredictable and long work schedule

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If a person receives any call, messages or emails and verify online security information, including passwords and account numbers, it is known as phishing.

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It is an online attacking activity when criminals use scam and fake emails, text messages or phone calls to steal the information about the people in order to hack their accounts.

Basically, phishing is a cyber crime.

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