3 years ago

Which two figures should you especially pay attention to when comparing repayment plans?

1 answer:

3 0

Answer: interest, and the amount of your payments

Explanation: the interest determines how much extra money you will pay on top of the principal amount of the loan. The amount of your payments is important as you need to figure out whether you can afford to pay a large amount each payment cycle to lower interest, or whether you can only afford to pay a small sum each cycle and end up paying more over a long time.

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Match each situation with the method of government intervention used to rectify it.

Natali5045456 [20]

1:People have too much money, and there is a danger of inflation. - B contractionary fiscal policy

2:The GDP has fallen to an all-time low, and there is low demand for most goods. - D:expansionary fiscal policy

3:Few farmers produce cotton because profits are at the equilibrium price. - A:price floor

4:Prices of staple foods have shot up because of shortages after an earthquake. - C:price ceiling

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3 years ago

Read 2 more answers

Snacknow, a food service firm, is calculating its monthly productivity report. From the following raw data calculate the labor p

omeli [17]

Answer:

Explanation:

Labor productivity = Total output/ Total Input

Labor rate = $10. Labor hours = 1,000

So total labour input = 1,000*10= 10,000.

Materials and energy cost input = 2000+500

⇒ total input = 10,000+ 2000+500= 12500