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3 years ago

Two effect of load shedding

Social Studies

1 answer:

jekas [21]3 years ago

3 0

Load shedding is a real problem in the developing and emerging markets and takes a big hit on the economy. It is affecting the GDP economic growth and is costing small businesses and corporations billions a year

For example, in South Africa where load shedding has become a reality since December 2014, it has already impacted the economy and the economy will only grow by 2%, down from an economic growth forecast of 2.3%. Load shedding has had a big effect on the manufacturing industry where manufacturing production was affected more than any other factor, because of the decline in business activity

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You work for a lender that requires a 20% down payment and uses the standard debt-to-income ratio to determine

ratelena [41]

According to the standard debt-to-income ratio, the person who would be rated as highest in respect of eligibility for a home loan is person C.

A home loan is an amount that has been lent for the acquisition or purchase of any house. or apartment for living.

Given values:

Persons Monthly Incomes Recurring debts

Person A $4,250 ($51,000 / 12) $350

Person B $4,833 ($58,000 / 12) $250

Person C $5,250 ($63,000 / 12) $200

Person D $5,583 ($67,000 / 12) $450

Step-1 Computation of debt-to-income ratio of person A:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$350}{\$4,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.23\%$

Step-2 Computation of debt-to-income ratio of person B:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$250}{\$4,833}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=5.18\%$

Step-3 Computation of debt-to-income ratio of person C:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$200}{\$5,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=3.80\%$

Step-4 Computation of debt-to-income ratio of person D:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$450}{\$5,583}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.06\%$

Therefore, after finding debt to income ratios of all persons, the lowest ratio comes out to be of Person C at 3.80% which ranked to be the highest.

Learn more about the debt ratio in the related link:

brainly.com/question/14553933

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1 year ago

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why is voting an essential component to democracy as it relates to power, oppression, and civil rights.

Maru [420]

Voting is an essential power because we as the people decide on who we want as our government. A random person who gets elected if there was no voting could have bad intentions. Its a right we have also its a 9th amendment

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3 years ago

Functions of a chain-link fence include (mark all that apply): A. Assists in screening entry into the facility B. Deters casual

erik [133]

Answer:I think the answers would be A(maybe),B,and D.

Explanation:

I'm not sure about A. B because it stop people from entering easily. D because people can put cameras on them. I'm most sure about B though. I hoped this helped.

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2 years ago

Read the paragraph from the section "Government Control Over Many Industries, Companies."

miskamm [114]

C. What is causing China's economy to grow?

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This is the question answered in the paragraph as it discusses the way China is able to grow and earn its money discussing the different ways its economy functions.

IT shows that the private companies of China have taken a hold of different industries and have an effective hand in the different sectors of the workforce making China one of the biggest economies in the world. The statement does not talk about any other question given here.

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3 years ago

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All of the following statements concerning stereotypes are accurate except: Stereotypes are usually based on objective data Comm

Ira Lisetskai [31]

Answer:

stereotypes are usually based on objective data

Explanation:

In health assessment which are aimed at determining stereotypes objective data are used. In principle, objective data are both measurable and observable data. Objective data are collected through physical examination, observation, and diagnostic testing. Based on such investigation using objective data, stereotypes are usually based determined. Objective data ensure the truthfulness of the result. In this assessment, the senses like seeing, smelling, touching and hearing are assessed to collect information about the patient.

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3 years ago

Two effect of load shedding​

Two effect of load shedding