Answer:
D. Cathy should specialize in pies, and Lewis should specialize in cakes
Explanation:
For determining which statement is correct first we need to find out the
Cathy Opportunity cost for making a pie is
= 1 ÷ 1.5
= 0.66 cake
Now for making a cake is
= 1.5 ÷ 1
= 1.5 pies
Lewis opportunity cost for making a pie is
= 1.5 ÷ 2
= 0.75 cake
And for making a cake is
= 2 ÷ 1.5
= 1.33 pies
Therefore the option D is correct
The answer to this question is "54%". During the early s70's, a middle class (average middle class) families have income went towards fixed must have expenses and other bills like mortgage, automobiles or vehicles, a child and health insurance and others in 54%.
Answer:
The correct answer is A. increased by $20 billion.
Explanation:
If you take the sum of the decreed values in deficit for years 1 and 2, you would have that the total amount of credits is $ 90 billion. On the other hand, for years 3 and 4 there are positive values for a total of $ 70 billion.
By the end of year 4 you have to have a pending balance of $ 20 billion, which is the result of subtracting the deficit minus the net surpluses generated in years 3 and 4.
Answer: b. guarantor.
Explanation:
Guarantors who can also be called Sureties, are people who promise to pay the debt of another person if that person fails to honor the debt obligation. To be a Guarantor, you must have assets that will be able to cover the debt and you will probably have to pledge the assets to be collateral for the debt. Having a Guarantor increases the trust that the lender has in the lendee.
Jenny is a Guarantor as she has promised to repay the loan should Garrett default on it.