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Lemur [1.5K]
3 years ago
13

Purchasing a home usually requires ____ for the down payment

Business
2 answers:
Lemur [1.5K]3 years ago
7 0

Answer:

C) A loan

Explanation:

djverab [1.8K]3 years ago
5 0

Steps needed: Find what a house purchase usually requires for down payment.

Answer: Whenever you buy a house, you don't always want to pay it full price, so you go to the bank to borrow some money. Even though you don't want to pay it full price, you still should pay a big ton of it so that you don't have to end up borrowing a lot of money from the bank, which you would then have to pay back twice as much to them. So the answer is D. A lump sum.

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Which of the following is not counted as a part of GDP?
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Answer:

C, The unsold additions to inventory at an appliances store.

Explanation:

GDP = Gross DOMESTIC Product

Since the unsold additions are not sold, there's no money coming from it, thus it is not counted in GDP.

Bonus: If you order clothes from Thailand, that is called GNP. It counts as Thailand's GDP because the money is going into the country, and it counts as America's GNP as you are buying goods from another country.

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Which of the following financial packages has the lowest total cost to the student?
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When it comes to fraud committed by an organization’s employees, the single most effective fraudprevention technique is _______.
Maurinko [17]

Answer:

C

Explanation:

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3 years ago
For many years you have been using your local, small-town bank. One day you hear that the bank is about to be purchased by Bank
kari74 [83]

Answer:

If I was banking with my local town bank and it happens that Bank of Africa purchases it, there are cost and benefits associated with the merge. First, Bank of America is global, meaning that I will be able to access the Services such as ATM services at different points. Second, due to its area of coverage, the services are cheaper compared to the ones I got when it was in my local town. However, due to the monopoly of the bank, they might increase the charges making them more expensive than when the services in the local village. Additionally, it will be a challenge for average customers, such as farmers, to access big banks unless faithful people accompany them.

Explanation:

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3 years ago
The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate
Lelechka [254]

Answer:

$606,375

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