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His broker must register the team name that complies with the new regulations with TREC before he may use it in advertising.
<h3>What is a team name?</h3>
- The term "team name" refers to a name that is employed by one or more license holders that are sponsored by or connected to the same broker but are not the broker's actual name or an assumed business name.
- Team or group must be at the end of team names.
- Terms in team names that suggest the club is providing brokerage services independently of the broker are prohibited.
- Brokerage, corporation, and associates are a some of the forbidden words.
- As long as the team name ends with the words team or group, the phrases realty or real estate are permissible in the team name.
<h3>What is TREC?</h3>
- The governmental entity in charge of overseeing real estate practices in the state of Texas is called the Texas Real Estate Commission.
- The organization's main office is located in Austin at 1700 North Congress.
- TREC is made up of nine people who the governor appoints with the support of the Texas Senate.
Learn more about TREC here:
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The reason loans are not deducted from sticker price even if they are typically offered to you in a financial aid package is that "the net price is actual money that you or any individual will be paying."
This is evident because a net price is the sticker price minus the student's financial aid, scholarships, grants, and other support.
Unlike sticker price, the net price is the college student's amount would eventually pay in his college years.
A sticker price is the whole amount of the annual or session cost of a college education.
Hence, in this case, it is concluded that college students should concentrate more on the net price instead of a sticker price.
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Answer:
Explanation:
Effect of crowding out:
The crowding out phenomena describes the economic phenomena in which an increase in government public spending leads to reduced or perhaps may eliminate of private investment.
Multiplier:
The multiplier represents the ratio of income to investment change.
Given that:
$13 billion increase in government spending will lead to a $52 billion
The rise in demand for goods & service will be the value of multiplier which is
= 52/13
= 4
To determine the multiplier using the formula:
Multiplier = 1 /( 1- MPC)
4 = 1/(1 - MPC)
4 (1 - MPC) = 1
(1- MPC) = 1/4
-MPC = 0.25 - 1
MPC = 0.75
Marginal propensity to consume = 0.75
