Answer:
Debt to income ratio is all your debt payments divided by all the money you earn during a month. Generally you are considered to be in good financial shape when your debt to income ratio is less than 20%, if it's less than 10% it is even better.
Kim's gross income = $1,230 - $165 (taxes) = $1,065
Kim's total debt payments without new debt = $134 (credit card payments)
Kim's total debt payments including new debt = $134 + $172 (new debt) = $306
Kim's debt to income ration without new debt = $134 / $1,065 = 12.58%
Kim's debt to income ration with new debt = $306 / $1,065 = 28.73%
Currently Kim's debt to income ratio is only 12.58% which is very good, but if she takes the new loan then her ratio will increase to 28.73% which is extremely high and not prudent.
Answer:
Option A is the correct approach.
Explanation:
- This is indeed a connection to compulsory tax and government expense stabilizers which weren't at the discretion including its government. Throughout the event of a recession, expenses are cut, rising discretionary income to something like the extent that the economic depression is pacified.
- Unemployment insurance, as well as other social programs, are consequently expanded without the clear intervention of the government
The other options offered are also not relevant to the scenario presented. So, the solution above is the right one.
Individuals who want to work, but have given up searching for a job because of limited prospects, are known as discouraged workers.
<h3>Who are discouraged workers?</h3>
Discouraged workers are labour who are above 18 years and below 60 years but have given up on ever finding a job and thus are not actively searching for a job.
Discouraged workers are not counted as part of the labour force and they are not considered to be unemployed.
To learn more about unemployment, please check: brainly.com/question/10940465
Answer:
B. at the intersection of supply and demand
Explanation:
Equilibrium is a market condition where there no excess or shortage in demand and supply. It is when the quantity demanded matches the quantity supplied. At equilibrium, buyers and sellers are happy with the prevailing prices.
In a graph showing the demand and supply curve, the equilibrium point is the intersection of the supply and demand curve.
