As she adjust to this event, SHE WILL CONSUME LESS PEANUT BUTTER AND MORE ICE CREAM.
Utility maximization is an economic concept, which consumers use when making purchases. Consumers usually try to get the greatest possible value from the least amount of money. Thus, the theory of utility is a theory of consumer behaviour, which explain how consumers allocate their incomes.
Answer:
$13,013
Explanation:
Mary's monthly payment = principal / PV annuity factor
principal = $33,000
PV annuity factor, 1.5%, 36 periods = 27.6607
monthly payment = $33,000 / 27.6607 = $1,193.0284 ≈ $1,193.03
I prepared an amortization schedule using excel to determine the loan balance after the 24th payment = $13,013
The answer is either B or C. I think it may be C.
The economy's self-correcting property is the fact that output gaps won't last indefinitely, but will be closed by rising or falling prices.
The output gap is the difference, expressed as a percentage of gross domestic product, between an economy's actual output and its highest potential output. An output gap can be either favorable or negative for a nation.
A negative output gap indicates that the economy's actual output is below its maximum capacity, whereas a positive output gap indicates that the economy is beating expectations because its actual output is higher than its acknowledged maximum output. The output gap helps paint a picture of how the economy is doing because the gross domestic product is used in its computation.
To learn more about output gaps, visit the link below:
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I would say that an intrinsic risk factor would be like poor balance which can happen as a person ages, plus loss of muscle tone and these two things together, coupled with an extrinsic factor like outside uneven ground can contribute to a fall and perhaps broken bones as bones can get more brittle with age too.