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Answer: The sales associate must notify the DBPR in writing within 60 days regarding her change in residency
Explanation:
The options are:
a. The states associate broker is required to file the change of address on her behalf.
b. The sales associate broker is not required to notify DBPR because she did not change employers.
c. The sales associate must notify the DBPR in writing within 60 days regarding her change in residency.
d. The sales associate must file an application for Georgia real estate license.
From the question, we are informed that a sales associate moves from Jacksonville, Florida, to Atlanta, Georgia. The associate continues to be employed by the same broker, who has an office in Atlanta.
Based on the scenario, the sales associate should let the DBPR be aware that he or she has moved from
Jacksonville, Florida, to Atlanta, Georgia by writing to them within 60 days regarding her change in residency.
The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry its expressly designated powers under the Tenth Amendment, all other powers are expressly reserved to <u>the states</u>.
<u>Option: B</u>
<u>Explanation:</u>
The given points are showcasing the federal power, which act as rights within a federal government structure that are totally or conditionally excluded from the operation of each representative political entity. That is, either a local political entity can never practice such powers, or can do so only with the federal government's permission.
The United States' 10th Amendment Constitution interprets that the powers not granted by the Constitution to the United States, nor forbidden by it to the States, are secured for the States, or the individual, accordingly. This Amendment was adopted in 1791, incorporates Federalism's basic values in a parliamentary system of Government.
Answer:
Principal $500,000
Interest payment is $69,580
Explanation:
Loan Payment Includes the principal and interest payment.
Loan Payment per month = r ( P ) / 1 - ( 1 + r )^-n
r = rate per period = 5.25% per year = 5.25%/12 per month
n = number of payments = 60 months
P = Loan Amount = $500,000
P = 5.25%/12 ( $500,000 ) / 1 - ( 1 + 5.25%/12 )^-60
P = $9,493 per month
Total Payment = $9493 x 60 = $569,580
Principal Payment = $500,000
Interest Payment = $569,580 - $500,000 = $69,580
The correct option is (d); reduce national saving and lead to a trade deficit.
<h3>What is trade deficit?</h3>
When a nation purchases more than it exports, a trade deficit results. Although very big deficits can hurt the economy, a trade deficit is neither fundamentally fully positive nor harmful.
Some key features of trade deficit are-
- When a nation purchases more than it exports, a trade deficit results.
- A nation with a trade deficit, also referred to as a negative trade balance, has spent more money than it has made in its foreign trade with other nations.
- The amount of imports and exports a nation makes can affect that nation's GDP, currency value, rate of inflation, and interest rates. The amount of imports and the size of the trade deficit can both hurt a nation's currency.
- A trade imbalance results when domestic consumers purchase more foreign goods than domestic manufacturers sell to overseas consumers, which lowers GDP.
- The trade deficit can be improved by consume less and save more.
To know more about the causes of the trade deficit, here
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