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Viefleur [7K]
3 years ago
13

Making a minimum payment:

Business
1 answer:
Stells [14]3 years ago
8 0
I think it's A) Means your are paying a small portion of your total credit card debt
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Which of the following is a function of a commercial bank? *
Zarrin [17]

Answer:

lending of depositor's funds

3 0
3 years ago
Assume that the marginal propensity to consume is 0.8 and that potential output is $800 billion. If real GDP is $850 billion, to
kari74 [83]

The following policies would bring the economy to potential output is Decrease government spending by $10 billion.

<h3>What is Marginal Propensity?</h3>

The "Marginal Propensity" to consume is defined as calculate quantification of money that consumers are ready to spend.

The term "Marginal propensity" to consume is term used in economics. It measures monetary value which consumer is willing to spend to buy goods and services instead of saving it.

The "Marginal Propensity" to consume tends to increase economic activities of country by keeping cash flowing and by not keeping it stagnant. It also helps in increasing trade value and quality and cost of products because it increases healthy competition among companies and in which consumers are ultimately benefitted.

Therefore , we can conclude that the correct option is C.

Learn more about Marginal propensity on:

brainly.com/question/17930875

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7 0
2 years ago
Uplift, weathering, burial, and heating/melting can transform one rock type into another. B. All rocks in the Earth's crust will
melomori [17]

Answer:

b. All rocks in the Earth's crust will, at some point, be subducted and melted to create igneous rock.

Explanation:

There are 3 types of rock:

1. Igneous, wich are formed when 2 tectonic plates collide and magma goes to surface getting cold

2. Sedimentary: when many layers of  preexistent rocks produce pressure and heat by weigth  melting the rocks.

3. Metamorphic: a new rock is formed by chemical and/or physical reaction over preexistent rocks

Sedimentary and metamorphic  would be subducted in order to produce new igneus rocks.

8 0
3 years ago
Builder and Owner agree that Builder will erect a fence for Owner for $1,500. Builder claims that the fence is taking longer tha
artcher [175]

Answer:

Owner owes Builder : B. $2,000.

Explanation:

A Liability is the present obligation of the entity, that arises as a result of past events, the settlement of which is expected to result in a cash outflow from the entity.

Initially, the Owners owes the Builder $,1500

For the fence to be completed on time, an addition of $500 was owed, upon the owner accepting this arrangement.

Thus, the total obligation owing to the Builder is $2,000.

3 0
3 years ago
Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? Wh
Blababa [14]
So they could try to get there money back
7 0
3 years ago
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