Answer:
The correct answer is D. shared cost effect
Explanation:
The shared cost effect refers to the reduction in price sensitivity of a customer created through the perception that part of the purchase price is paid for by a third party of the firm itself.
Answer:
E: a debt of $10.7 trillion and a deficit of zero.
Explanation:
Deficits are usually financed by debt. Here the government has incurred an extra debt of $700 billion. The previous debt of $10 trillion may have been due to any reason and not necessarily deficit. However, the passage does not state if the extra debt is due to deficit or not. So it is safe to select option E.
Hence, the government has incurred a total debt of $10.7 trillion and a deficit of zero.
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Answer:
Secured loan is as below
Explanation:
A secured loan is money that you borrow by offering an asset as collateral. The lender will hold on the asset until the full loan amount is paid back. A secured loan is a good option when borrowing a large amount of money. It attracts low-interest rates.
Lenders consider secured loans less risky because the customer provides a valuable asset as a back-up should they fail to repay. Homes and land are the most common properties used as collateral for secured loans.
Answer: dishonesty and dependence.
Explanation:
