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kari74 [83]
4 years ago
6

Which is the most likely scenario in which someone would take out a short-term loan with a bank?

Business
1 answer:
emmasim [6.3K]4 years ago
7 0
The most likely scenario in which someone would take out a short-term loan with a bank is to pay for credit card debt. The short-term loan has less than one year period to be repaid and this loan is usually taken by someone if there is a temporary problem with their cash flow. This loan can also be taken by a company to fulfill their working capital for increasing its sales.
You might be interested in
A decline in foreign demand for U.S. goods: Suppose the European and Japanese economies succumb to a recession and reduce their
posledela

Answer:

The decrease in the remote interest for US products will lessen the net fares of the US economy,  

AD = Consumption + speculation + government use + Net fares,  

As on factor net fare decay the AD bend will move leftward in the short run. So in short run the genuine GDP fall beneath than the degree of potential GDP.  

The short run impact  

Since a long time ago run Aggregate Supply Short-run Aggregate Supply PRICE Initial Aggregate Demand Final Aggregate Demand Real GDP (Billions of dollars)  

The underlying balance was given by the crossing point of the underlying total interest, SRAS and LRAS at E1. Presently the balance changes from E1 to E2 due to leftward move in the AD bend.  

Therefore ,the costs level abatement and furthermore the genuine GDP level.  

Over the long haul, firms will diminish the lessening the creation as request is less, so the interest for work likewise falls, which lead to diminish the wages of laborers, As interest for work and wages falls, the creation will fall and supply will move leftward.  

From the outline, it is indicated that new harmony at point E3 is the place potential genuine GDP accomplished yet at an even lower cost ( from P2 to P3), this implies collapse in the economy.

5 0
4 years ago
Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to
Helga [31]

Answer:

Between quarter 7 and 8

Explanation:

To calculate the recession lets consider the quarter 7 and 8.

GDP in quarter 7 =$4499 Billion

GDP in quarter 8 =$4409 Billion

Growth rate of GDP in these two quarters= 4409-4499/4499*100

= -2 percent

Recession happens when the GDP decreases

8 0
3 years ago
The poverty rate in the United States is defined as the proportion of the population that fails to earn a ____ absolute income s
Westkost [7]

Answer:

The correct answer is : minimum; risen.

Explanation:

The poverty rate can be defined as the rate of population in a certain age gap who fail to earn a given minimum absolute income.

The census bureau updates the poverty threshold annually. People below this threshold level are considered poor.

According to the data from US census bureau the poverty rate in 2000 was 11.3%. In 2010, it was 15.1%. Though it fell to 13.5% in 2015 it is still higher than that in 2000.

So, we can conclude that poverty rate has increased largely since the year 2000.

7 0
3 years ago
For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries. (I
jekas [21]

Answer:

a.No entry

b. Dr Cash 1010000

        Cr   Revenue     1010000

c. No entry

d. Dr Purchases 470500

          Cr Accounts payable   470500

e. Dr Payroll expense  510000

              Cr Payroll payable       510000

Explanation:

c. As orders is issued not invoice has come yet.

d.Expense incurred but not payable.

3 0
3 years ago
At the most recent staff meeting of Hyperactive Media Sales, the general manager gave you instructions to make the laptops used
labwork [276]

Answer:

New authentication methods such as the picture password, 2 factor authentication method, biometric identification, etc ensure that authentication credentials are safe and cannot be stolen and used from another laptop.

New authentication methods gives tougher walls of security which cannot be easily broken into thereby leaving the system protected and secure.

Due to increasing activities of cyber criminals, new and more sophisticated authentication processes are being developed giving laptops and computer systems better security as attackers are unable to exploit passwords.

5 0
4 years ago
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