Answer:
C. counseled a borrower about loan terms
Explanation:
Jerry works for mortgage broker Sue. Jerry would need to be state licensed Mortgage Loan Originator (MLO) if he counseled a borrower about loan terms.
Mortgage loan originator is an individual or institution who is the original lender, ensures the loan falls through and closing it. They are usually saddled with the responsibility of persuading and counseling a borrower in getting a mortgage loan.
Answer:
30,337 million
Explanation:
sales-cost of goods sold = gross profit
(in millions)
(x= COGS)
39528-x=9191
x=30,337
Answer:
correct option is (b) residential construction, business equipment, business structures, and changes in inventory. During recessions it declines by a relatively large amount
Explanation:
we know that investment component of GDP measures spending on the residential construction and business equipment and business structures and change in inventory
During recessions it decline by relatively large amount
because slow down there is no sale of good
and goods are not selling to expectations of firm
therefor firms revise their investment accordingly and Further firms do face losses in the recession
so correct option is (b)
From the information given, the price elasticity of demand is -5% and it can be sent that it's elastic.
The percentage change in the quantity demanded will be:
= (20 - 16) / 16 × 100
= 25%
The percentage change in price will be:
= (19 - 20) / 20 × 100
= -5%
Price elasticity of demand = 25/-5 = -5
Sincere it's greater than 1, it's elastic.
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