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Tomtit [17]
3 years ago
9

When you have an exclusive contract with a real estate agent, what should you expect and not expect?

Business
1 answer:
zhenek [66]3 years ago
4 0

Answer:

You should expect the following when you sign an exclusive contract with a real estate agent as a buyer:

  • the agent has to locate and identify potential properties that might interest you, and advice you about a fair market price
  • the agent is responsible for reviewing the paperwork
  • the agent is also responsible for preparing purchase offers, and other related services

You should expect the following when you sign an exclusive contract with a real estate agent as a seller:

  • the agent has to locate and identify potential buyers that might be interested in your property, and try to obtain the best possible price.
  • the agent is responsible for reviewing the paperwork
  • the agent is also responsible for negotiating purchase offers

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Your purpose for writing a formal business letter should be clearly stated in _____.
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Answer:

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3 years ago
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The money multiplier equals:________.
Serjik [45]

Answer: B. 1/R, where R represents the reserve ratio for all banks in the economy.

Explanation:

The Money Multiplier is the money that Banks generate given a certain RESERVE REQUIREMENT/RATIO.

A Reserve Requirement is money that the Central Bank requires that Banks do not loan out and instead keep in reserve.

For example, if the reserve rate is 10% and a bank has $10 they can only loan out $9.

Assuming they loan out $9 then they created $19 in the economy because their customers still own the original $10 but now they have also given loans of $9. The people who take the loans then deposit it in another bank. That bank would keep $0.90 in reserve and loan out $8.10 meaning that $27.10 now exists in the economy.

The process goes on and on until it gets to $100.

A simpler way to get to the final figure is to divide 1 by the reserve requirement = 1/r which is the money multiplier.

Using the above example, that would be 1/0.1 which is 10.

Multiplying this 10 by the initial deposit of $10 will give you that same $100.

8 0
3 years ago
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When making a decision, only relevant items are included in the analysis of the alternatives when using ______.
sergeinik [125]

Answer:

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7 0
2 years ago
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Maaf lah bila tak saya tulis kat sini, sebab tak boleh hantar jawaban.

<em>Semoga </em><em>membantu </em><em>dan </em><em>bermanfaat </em><em>:</em><em>)</em>

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