Answer: Racial steering
Explanation: Racial steering refers to the practice in which real estate brokers guide prospective home buyers towards or away from certain neighborhoods based on their race .Another example of racist practices is racial steering, in which real estate agents direct prospective homeowners toward or away from certain neighbourhoods based on their race.Steering can take several forms. Information steering occurs when minority homeseekers are shown or given information on fewer homes or neighborhoods than non minority homeseekers. Segregation steering occurs when minorities are shown homes in areas with larger minority populations than areas shown to non minorities. And class steering occurs when neighborhoods shown to minority homeseekers are of lower socioeconomic status than those shown to non minorities. Several actors in the housing industry engage in steering. Mortgage lenders and insurance agents often provide less information and offer fewer, more expensive, and lower quality products to non white households or residents of non white communities than they do for whites and predominantly white communities.
Use the formula of the present value of an annuity due which is
Pv=pmt [(1-(1+r)^(-n))÷r]×(1+r)
Pv present value 500000
PMT amount of the annual rent?
R rate of return 0.1
N time 20 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]×(1+r)
PMT=500,000÷(((1−(1+0.1)^(−20))
÷(0.1))×(1+0.1))
=53,390.73 round your answer to get 53391
Assuming the short-run aggregate supply curve is upward-sloping, a decrease in aggregate demand (while short-run aggregate supply remains unchanged)results in a lower price level, lower output (real GDP), and higher unemployment.
<h3>
What do you mean by aggregate demand?</h3>
- The entire quantity of demand for all completed products and services produced in an economy is measured by aggregate demand.
- The entire amount of money spent on those products and services at a certain price point and period is referred to as aggregate demand.
- Lowering income taxes will leave the government with less money for government expenditure, which will reduce aggregate demand and balance out the rise in consumer spending.
To learn more about the aggregate demand, refer to the following link:
brainly.com/question/24457739
#SPJ4
The revenue function is given by R = -10p² + 4700p
Revenue is the total amount of money made from selling a particular unit of products while cost is the amount of money spent in production.
Given an annual sales (q) as:
q = (−10p + 4,700) million units.
The selling price is $p per unit. Hence:
Revenue = per unit price * annual sales
Revenue = p * (−10p + 4,700)
Revenue (R) = -10p² + 4700p
The revenue function is given by R = -10p² + 4700p
Find out more on Revenue at: brainly.com/question/16232387
