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4 years ago

Why is it important to have a positive credit history when using credit to purchase an automobile ?

Business

1 answer:

aleksandrvk [35]4 years ago

3 0

So you can have a better chance of getting approved for the car

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Information is stored in what type of object in a database?

Oksana_A [137]

C) table ..

hope it helped

6 0

3 years ago

Read 2 more answers

Suppose GDP consists of eggs and ham. In 2002, 100 dozen eggs are sold at $3 per dozen, and 50 pounds of ham are sold at $4 per

ValentinkaMS [17]

Answer:

Nominal GDP = $500

Explanation:

Given the price of eggs in 2002 = $3

Quantity of eggs = 100 dozens

Price of ham in 2002 = $4

Quantity of ham = 50 pounds

Nominal GDP = Current year price x current year quantity

Nominal GDP = 100 x 3 + 50 x 4

Nominal GDP = 300 + 200

Nominal GDP = $500

7 0

3 years ago

For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages do,

djverab [1.8K]

Answer:

The firm's output prices will increase, because will the firm can quickly adjusts the prices of goods to the new price level of 110, it will not have to do so with wages, since wages are fixed by a year contract.

This will result in comparatively lower labor costs with higher prices at the same time, which will likely result in more economic and accounting profit for the firm.

The opposite effect will be felt by workers, whose wage is not keeping up with inflation, meaning that their income is losing purchasing power.

8 0

3 years ago

What did milton friedman and e. s. phelps argue with respect to the phillips curve?

ANEK [815]

Milton and phelps argued with the concept of phillips curve because it cannot work in the long run to become aware of aggregate demand and supply.

Government could not trade higher priced goods for lower employment. The phillips curve could accurately guide policy and procedure makers in short run or for a short period of time. This cause a relative negative relation between rate of employment and wage labor curve.

It is argued by the two economists when the nominal rates and wages were adjusted finally. It also states inverse relationship between the various curves operating respect in the economy. It is a upward rising curve.

To learn more about phillips curve here,

brainly.com/question/13981222

#SPJ4

7 0

2 years ago

Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,400. Cash receipts are expected to

Leya [2.2K]

Answer:

Amount to be borrowed = $21,600

Explanation:

Provided details,

Opening cash balance as on 31 March = $36,400

Add: Expected Receipts = $641,000

Less: Expected purchases = ($608,500)

Less: Cash Expenses = ($27,000)

Less: Selling and administration ($33,500)

Total balance = $8,400

Balance to be maintained = $30,000

Loan to be taken or amount to be borrowed = $30,000 - $8,400 = $21,600

6 0

3 years ago