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
Lerok [7]
3 years ago
11

Joe is an 18 year old high school student. If there is a sharp rise in interest rates, which situation BEST reflects how Joe's l

ife might be impacted?
A)He might not be able to eat fast food as often.B)He might have to purchase a less-expensive car.C)He might not go out with his friends every Saturday.D)He might need to make his clothes last a little longer.​
Business
1 answer:
Sever21 [200]3 years ago
8 0

Answer: The correct answer is B) He might have to purchase a less-expensive car.

Explanation:

Increasing interest rates make the process of borrowing money less desirable. Since people usually borrow money for major purchases, the correct answer would be that <em>Joe might have to purchase a less-expensive car.</em> People often use credit to buy a car, and since all of the other options involve much less-expensive situations, we can determine that this is the correct answer.

You might be interested in
Which of the following is true about duration and modified duration?
My name is Ann [436]

Answer:

The truth about Macaulay Duration and Modified Duration is:

d. All are true.

Explanation:

Principally, the Macaulay Duration, used mainly with immunization strategies, measures the weighted average time an investor holds a bond until the period when the present value of the bond’s cash flows equals to the initial bond amount.

On the other hand, the Modified Duration, providing a risk measure by being sensitive to interest rates, identifies the amount by which the duration changes for each percentage change in the yield and, at the same time, measures how the amount of a change in the interest rates impacts a bond's price.

4 0
3 years ago
An angry customer approaches a supermarket associate to complain. After hearing the complaint, what is the first thing the assoc
BaLLatris [955]

Answer: The associate should say something like " I understand why you feel that way. How can I improve or fix this situation for you?" and try to diffuse the situation. After the customer leaves, the supermarket associate should report this to the manager.

Hope this helps!  :)

Explanation:

8 0
3 years ago
Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bear
AfilCa [17]

Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bearing assembly with a bearing packer will get the proper results. The two statements are right. This is further explained below.

<h3>What is a wheel bearing?</h3>

Generally, the wheel bearing is simply defined as an important component of a vehicle's braking, steering, and suspension systems.

In conclusion, The one-piece hub assembly is located between the drive axle and the brake disc.

Read more about wheel bearing

brainly.com/question/16013734

#SPJ1

3 0
2 years ago
Trendsetters has a cost of equity of 14.6 percent. The market risk premium is 8.4 percent and the risk-free rate is 3.9 percent.
Karolina [17]

Answer:

The answer is option ( C.) Increase of 1.06 percent

Explanation:

Data provided in the question:

Cost of equity = 14.6%

Market risk premium = 8.4%

Risk-free rate = 3.9%

Company's beta = 1.4

Now,

Expected Return = Risk-free rate + ( Beta × Market risk premium )

= 3.9% + ( 1.4 × 8.4% )

= 3.9% + 11.76%

= 15.66%

Therefore,

The change in firm's cost of equity capital = 15.66% - 14.6%

= 1.06%

Hence,

The answer is option ( C.) Increase of 1.06 percent

5 0
2 years ago
Môi trường marketing của doanh nghiệp KFC tại việt nam
MrRa [10]

Answer:

English plzzz

Explanation:

8 0
2 years ago
Other questions:
  • ​the irs says you must do what a "reasonable business person" would do to make a profit when running your own business.
    14·1 answer
  • The graph above shows how the price of video games varies with the demand quantity. The equilibrium _____ is $50, and the equili
    8·1 answer
  • According to the classical theory of inflation, an increase in the money supply would cause _____ to shift to the _______. Outpu
    11·2 answers
  • Toby works in an office where employees scan a large number of documents everyday. His manager has asked him to purchase a new s
    6·2 answers
  • For segmentation strategy to be successful, the customers in the segment must react similarly and positively to firm's offering,
    5·1 answer
  • Verma, Inc. sells office furniture. In 2021, it sold 200 desks for $500 each. For each desk sold, Verma distributed a 50% discou
    15·1 answer
  • Sheila has recently been promoted to a senior position in the HR department of a multinational company. According to her new job
    9·1 answer
  • What is the main aims of forming a maize milling company ​
    11·1 answer
  • 5 Disadvantage of sole proprietorship?
    11·1 answer
  • On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investme
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!