Answer:
- It can change over time for certain kinds of loans.
- It is the interest charged each year for a loan.
- It can be reduced to reflect the borrower’s credit history.
Explanation:
The annual percentage rate is the amount of interest that is charged to the loanee for borrowing the loan and it is different for different types of loans such that with some kinds it can change overtime based on certain factors such as inflation.
Percentage rates are a reflection of the riskiness of the borrower so if the borrower has a good credit history, the rate can be reduced to show that the borrower is not too risky.
La nouvelle Route de la Soie est également appelée «Initiative de la ceinture et de la route» - comme dans, une ceinture de routes terrestres et une route maritime de la soie de routes maritimes, reliant la Chine à une grande partie de l'Asie, de l'Afrique et de l'Europe, avec plus de projets en Amérique latine, l'Arctique, dans le cyberespace et dans l'espace.
Answer:
<u>Life expectancy index, Education index, Literacy index, Income index all the countries are ranked based on these parameters</u>.
Explanation:
- As HDI is a statistical composite index and the formula for calculating the Human Development Index is (life expectancy x education index x income index).
- The higher the score the higher is the value of the development of the country. Developed by Dr. Mahbub Al Haq and Amartya sen.
- The HDI shows low human development scores from 0.0 to 0.5. The medium human development scores between 0.5 and 0.8. High human development for HDI scores ranges from 0.8 and 1.0.
- Though there are limiting factors of HDI as it does not take into account the qualitative factors and cultural identity into considerations, As others have suggested the HDI should be more human-centered ranging from gender to environmental biodiversity.
Answer:The economy of Japan is a highly developed free-market economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity
Explanation:
It is the third-largest in the world by nominal GDP