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podryga [215]
3 years ago
8

3 Select the correct answer. Tracy applied for a home loan from her bank. The bank is willing to give her the loan but at a very

high interest rate. Why do you think the bank is charging her a high interest rate? A low amount of credit left B. good payment history OC. bad payment history OD. high number of bank accounts​
Business
1 answer:
denis23 [38]3 years ago
8 0

Answer:

C. bad payment history

Explanation:

Creditworthiness is the term banks, and other lenders use to determine the risk associated with each customer. Credit score ratings place customers into different risk categories. A low credit score signifies a high-risk customer or low creditworthiness. Banks will extend credit facilities to a high-risk customer at a high-interest rate.

A customer with a poor loan repayment history has a low credit score. Tracy is being offered the loan at a high-interest rate due to her low creditworthiness. Her case would be different if she had a better credit score associated with a good loan repayment history.

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Flapjack Corporation had 7,680 actual direct labor hours at an actual rate of $12.45 per hour. Original production had been budg
Mashutka [201]

Answer:

Labour time (efficiency) variance =   $9,984 unfavorable

Explanation:

<em>The labour time variance is the dollar value of the difference between the standard time allowed for the actual output produced and the actual time used.</em>

                                                                            Hours

Standard hours ( 960 units × 7.2 hours )   =   6,912

Actual hours                                                     <u>7,680</u>

Time variance                                                     768 Unfavorable

×  standard labour rate                                     <u>×  $13</u>

 Variance                                                         <u> $9,984 </u>Unfavorable

3 0
3 years ago
John Maynard Keynes recommends active fiscal and monetary policy, so that the government can stimulate the economy when necessar
irinina [24]

Result of active fiscal policy : there may be stimulation of the economy in the short run, but there will be harmful effects to the economy in the long run.

Explanation:

Active fiscal policy implies that Congress and the President are actively attempting to shift the trajectory of the economy by adjustments in taxes and/or government expenditure.

In an open market, monetary policy often influences the rate of exchange and trade balance.

Moreover, in the long term, the development of international debt, which stems from large government expenditures, can lead investors to mistrust US assets which may trigger the exchange rate to fall.

5 0
3 years ago
If Tex's Manufacturing Company purchases the component externally, $20,000 of the fixed costs can be avoided. At what external p
Delvig [45]

Answer:

$210,000

Explanation:

The computation of the external price is shown below

Making cost =  buying  cost

$120,000 + $25,000 + $45,000 + $30,000) = external price + Unavoidable fixed cost (30,000-20,000)

$220,000 = External price + $10,000

So,

External price = 210,000

Hence, the same is to be considered

Therefore the external price is $210,000

5 0
3 years ago
A coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate th
iVinArrow [24]

Answer:

The correct answer is letter "C": feedback.

Explanation:

Feedback control refers to obtaining improvement suggestions typically by consumers or suppliers in a supply chain that allows companies to increase efficiency in their processes. It is useful at the moment of measuring customers' satisfaction with the goods or services provided and could determine the likelihood of those individuals acquiring again goods or services from the firm.

In some cases, control feedback includes a comment section where clients can give additional information on what they would change of the service they received or from the good they bought.

5 0
3 years ago
How do tariffs impact international trade?
torisob [31]

Helllllooooo!!!!! I am going to answer your question, my very best!! Don't expect me to be proffessor smart, i barely in grade 9! If i answer well, i want brainliest please! If i do not answer well, please comment!

Tariffs cost a lot of money to ship overseas the products people want.  More demand is required as well as a variety of a lot of domestic products from multiple countries. Trade needs to be well within countries and ships need to be maintained. The trade balance may go wrong sometimes, such as a shipwreck. Then there will be a lot of international complications, not known to the public. Companies will pay more for the lost goods.

I wasn't sure if you wanted specifics, hope this works. HAVE A GREAT WEEK!

3 0
3 years ago
Read 2 more answers
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