Inflation is the economic condition in which the interest rate keeps increasing which is beneficial for the lenders. But not a fixed rate lender.
<h3 /><h3>What is Interest Rate?</h3>
Interest rate is the prevailing market rate which the lender of the money gets in return for the money provided as a loan.
If there is a fixed interest contract the lender will get the same percentage of return for the duration of contract, no matter the fluctuation of the interest rate in the market. This is not beneficial when the economy is facing inflation. As whatever be the rate in the market (definitely higher) the lender will get the same percentage of return.
However if there is a variable rate contract the rate is updated and the lender is paid at the updated interest rate. This is beneficial when the economy is facing inflation.
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Importation is the term used to describe the act of buying and securing goods from another country.
Answer:
The weighted-average unit contribution margin is $610
Explanation:
Hi, first we need to find the contribution margin for each line of product. This is as follows.
Laptops
Desktops
Now, the weighted-average unit contribution margin is as follows.
So, the weighted-average unit contribution margin for this company is $610
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Answer:
D) cause the quantity demanded to exceed the quantity supplied of rental housing.
Explanation:
A price ceiling is a binding government regulation in which it puts a cap on the price landlords can charge tenants to rent their properties. If this happens, there could be a rapid significant increase in the demand of apartments. This would lead to excess demand that the existing supply cannot meet , creating a shortage. The property owners may also choose to not rent their apartment at that lower price driving the supply even lower.
Income is one factor used in determining whether or not a job is middle class, and the other is the nature of the work.
In the United States, 50% of people live in the middle class, according to the most recent Pew Research Center survey from 2021. This is a reflection of the middle class's longer-term downward trend over the previous five decades.
According to a recent Pew research, the majority of Americans were not middle class for the first time since at least the 1960s.
Just 50% of adult Americans in America lived in middle-class households in 2021, compared to 54% in 2001, 59% in 1981, and 61% in 1971.
Both the middle class's demographic share and its part of the income pie have been declining.
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