1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kompoz [17]
2 years ago
13

The function of interest is to make lending money worthwhile and profitable for the __________.

Business
2 answers:
Ymorist [56]2 years ago
7 0
<span>The function of interest is to make lending money worthwhile and profitable for the lender. The government is monitoring the lender and they are not allowed to give a very high interest rate. Credits and loans are not socially acceptable in the society since this only profitable to the lender.</span>
Helga [31]2 years ago
7 0

Answer:

It is A..........................

You might be interested in
​Morgan, a​ widow, recently passed away. The value of her assets at the time of death was ​$9 comma 647 comma 000. The cost of h
Bezzdna [24]

Answer:

Check the explanation

Explanation:

          Particulars                                                  Amount in $

A.  Gross Estate                                                      8600000

Less: deductions (funeral & administrative tax)    70000

B.  Taxable estate                                                   8530000

 

c.  Gift-Adjustable Taxable estate value:  

       Taxable estate                                                 8530000

Charities will be deucted from tax calculation      1000000

         gift-adjusted taxable estate value                  7530000

D.  estate would be subject to tax                         7530000

E.  estate tax liability Calculated below                 876000

 

For estate more than 53400000 tax will be charged at 40%  

So, same is 40% of excess on                       53400000  

Taxable estate before threshold after deducting 53400000 from estate that would be subject to Tax  2190000

Tax at 40% of excess value                           876000

 

8 0
3 years ago
Read 2 more answers
General Snacks is a typical firm in a market characterized by the model of monopolistic competition. Initially, the market is in
Harrizon [31]

Answer:

Firms will leave the market in the long run.

Explanation:

Firms will leave the market in the long run.

Generally, the new firms enters in the market because the incumbent firms makes super normal profit. So in the long run, the continuous entry of firms will make the profit zero. Thus, when there is zero profit in the long run then the firms will start leaving the market and the demand for remaining firms will start rising because when firms start leaving the market then supply falls.

7 0
2 years ago
What are the subjects of economics
Irina-Kira [14]

Answer:

Econometrics.

Economic policy.

Legal studies.

Money and banking.

Global finance.

Economic history.

International trade.

Collective decisions.

Explanation:

I believe this is what you are asking for. Hope this is helpful :).

5 0
3 years ago
When household debt as a share of income is abnormally high,
scoundrel [369]

Answer:

The correct answer is letter "D": the growth of consumption is likely to remain sluggish even as the economy begins to recover.

Explanation:

If in an economy the household debt increases it is typically caused because of long-term investments like mortgage payments. As a result, the amount of disposable money of the households will decreases which will cause consumption in the overall market will move slowly, regardless the economy is recovering or not.

4 0
3 years ago
Perform a horizontal analysis on the following information providing both the dollar amount and percentage change.
Vera_Pavlovna [14]

Answer and Explanation:

The computation of the percentage of each amount is as follows;

<u>Particulars         2020               Change               Percentage of change </u>

                                a                         b                         (b ÷ a) × 100

Cash             $170,000       $500,000            294%

Accounts Receivable $710,000 $270,000            38%

Inventory                $520,000    $190,000             37%

Long Term Assets  $2,100,000 -$200,000         -9.52%

Total Assets          $3,500,000   $760,000           21.71%

6 0
2 years ago
Other questions:
  • When preparing the operating budgets for a manufacturing company, the manufacturing overhead budget ________. only includes vari
    10·1 answer
  • In the last few weeks, Steve has stopped chatting with his coworkers during work. He takes short lunch breaks, and he is complet
    9·1 answer
  • If $ 9 comma 000 is invested in a certain business at the start of the​ year, the investor will receive $ 2 comma 700 at the end
    10·1 answer
  • According to PCN analysis, which process region includes process steps in which one participant is acting on another participant
    7·1 answer
  • In a perfectly competitive market, Multiple Choice all firms produce and sell a standardized or undifferentiated product. the ou
    8·1 answer
  • Miser Materials paid $27,500 in dividends and $28,311 in interest over the past year while net working capital increased from $1
    6·1 answer
  • Veronica offers to sell Rowena her luxury sedan and says that it has never been in an accident. Rowena hires Laszlo, a mechanic,
    10·1 answer
  • Darla puts her money into a bank account that earns interest. One year later she sees that the account has 6 percent more dollar
    9·2 answers
  • The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:
    10·1 answer
  • You want to buy a car, and a local bank will lend you $25,000. The loan will be fully amortized over 5 years (60 months), and th
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!