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Harlamova29_29 [7]
3 years ago
15

Margaret was convinced to enroll in a private, for-profit college to learn how to be a psychologist's assistant. She borrowed $2

5,000 in federal student loans to earn her degree and, after graduation, found out that few psychologists employed assistants and ended up unemployed and unable to repay her student loans. Which of the following is NOT likely to be a possible solution to her student debt problem
Business
1 answer:
Harman [31]3 years ago
5 0

Answer:

declaring personal bankruptcy, which discharges all of her debt.

Explanation:

Based on the information provided within the question it can be said that one option that is NOT a solution would be declaring personal bankruptcy, which discharges all of her debt. This is because personal bankruptcy does not eliminate student debt. There are very few scenarios in which it does, but only if you are able to prove that the loans would cause an undue hardship to you but this is almost never the case.

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A firm's average cost increases as it increases its output by expanding its plant and hiring additional workers (its only inputs
KiRa [710]

Answer:

The correct answer is letter "D": incorrect because all inputs are varied in the example.

Explanation:

The law of Diminishing Marginal Productivity states that increasing one variable will keep the others the same. My initially increase output but eventually adding more of that one variable may lead to a diminishing rate of return. The law helps explain why increasing production is not always the best way to increase profits.

The law of Diminishing Marginal Productivity only applies when certain inputs are fixed, but in this example, the amount of labor available varies since it is increasing.

7 0
3 years ago
Mark, a senior editor at Logi Corp, is in charge of editing the articles written by Bruno, a newly hired employee. He notices ma
Mademuasel [1]

Answer:

A) He should include specific, verifiable facts.

Explanation:

Mark is a senior editor and is editing work written by Bruno.

He will want to provide an objective feedback to Bruno on his work that will not discourage him from doing his best. But also effectively state all the errors in the work that needs correction.

The best way to do this will be by including specific verifiable facts.

This will give a neutral response and maintain a good work environment.

8 0
3 years ago
Jenny, who is married and the mother of three, is 25 years old and expects to work until 70. She earns $45,000 per year. Jenny e
jeka57 [31]

Answer:

$855,903.20

Explanation:

Real discounting rate=> i= [i'-f]/[1+f]. Where i is the real interest rate. i' is the nominal interest rate which is given as 5% and f is the rate of inflation

i = (5%-3%)/1+3%)

i = 2/1.3

i = 1.94%

Her after tax earnings = 45,000*(1-0.15) = $38,250

Personal consumption = 25% of this, 38,250*0.75 = $28,688.

We are discounting her earnings back 45 years at 1.94%. The equation will be: 28,688 * {1-(1+0.01940)^-45} / {0.01940}

= 28,688 * {1 - 0.42120322099] / 0.01940

= 28,688 * 29.83488551597938

= 855903.1956824165

= $855,903.20

So, the amount of life insurance necessary for Jenny using the Human Life Value method is $855,903.20

3 0
3 years ago
Katy Mills Mall contains two department stores, numerous specialty stores, a multi-screen movie theater, and various restaurants
ElenaW [278]

Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.

  • <u>Regional</u>

<u />

A regional shopping center is a large shopping area which is meant to provide goods and services to people living in a particular area or state and must contain at least a departmental store, and any number of speciality stores.

According to the given question, we are told that Katy Mills Mall has two department stores  which are specialty stores, a movie theater and various restaurants.

However, because this shopping center does not contain any convenience stores, then it is a regional shopping center

Therefore, the correct answer is Regional

Read more here:

brainly.com/question/16027423

4 0
2 years ago
Assume that the reserve ratio is 20% and banks in the system are loaning out all their excess reserve. If people collectively ca
Alex17521 [72]

Answer:

C. decreased by $40 billion

Explanation:

For computing the lending ability, first we have to determine the money multiplier which is shown below:

We know that

Money multiplier = 1 ÷ reserve ratio

                            = 1 ÷ 20%

                            = 5

So, the total cash would be

= $10 billion × $5

= $50 million

Now the lending ability would be

=$50 billion × (1 - 20%)

= $50 billion × 0.80

= $40 billion

6 0
3 years ago
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