<span>GDP = C + I + G + NX = $5.5 trillion + $1 trillion + $1.5 trillion + $.75 trillion - $1.25 trillion = $7.5 trillion</span>
Answer:
A: "Past information can get in the way of learning new things."
A type of long term permanent financing for residential construction or large construction projects, that replaces the construction loan is called a takeout loan.
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What is a takeout loan?</h3>
A takeout loan is a method of financing whereby a loan that is procured later is used to replace the initial loan.
More specifically, a takeout loan, or takeout financing, is long-term financing that the lender promises to provide at a particular date or when particular criteria for completion of a project are met.
A take-out loan provides a long-term mortgage or loan on a property that "takes out" an existing loan.
The take-out loan will replace interim financing, such as replacing a construction loan with a fixed-term mortgage.
If the take-out loan is used to finance a rental or income-generating property, the take-out lender may be entitled to a portion of the rents earned.
To learn more about take-out loan, refer
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Answer:
Place
Explanation:
Marketing mix is the understanding of 4 important and controllable elements of marketing plan. Usually, these elements are considered as 4P which are Product, Place, Price and Promotion.
Place: To enter more effectively or in general to be successful in the market, as a supplier you should choose your segment or where to reach to your potential customers carefully and certainly. That’s why the place which is selected must be considered where the target market is.
Product: It is very important to develop your product to make the customers to have “willingness to pay”. So it has to have unique or good design, standards, quality and other important attributes. You should seek to sell the products which have big demand.
Price: There should be the reasonable price to the customers who will be able to buy your products. Sure, the price is established after the analysis of your costs (fix, variable and etc.). However, you should be careful about your rivals in the price policy. The buyers will have always power on you in this case so they can substitute your product to others.
Promotion: This element is about the process of explanation how your product will create the value on the customers. It is very necessary point on the value chain activities. If you have a better promotion than others your products will be demanded more or permanently.
"In accounting, reconcile means to compare two sets of records to make sure they are in agreement"
She compared two sets of records for example checking and finance to make sure it's in agreement