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Leona [35]
3 years ago
6

Which of the following is a normative statement?

Business
1 answer:
Snowcat [4.5K]3 years ago
7 0

Answer:

1. Government has grown too large and should be reduced.  

Explanation:

The normative statement is an economic statement that means expressing judgments or value.

You might be interested in
Stagflation might be caused by a increase in the money supply. b increase in the price of raw materials. c decrease in the money
just olya [345]

Answer:

increase in the price of raw materials

Explanation:

Stagflation is a period of both persistent high inflation and decline in gross domestic product of an economy.

Inflation occurs when general price level rises.

Stagnation is caused by a fall in production of goods and services in the economy. An increase in the price of raw materials can discourage production.

I hope my answer helps you

8 0
3 years ago
Lucky Louie qualified for a $250,000 mortgage for his new home. The loan application was $400, closing attorney fee $500, apprai
Vesna [10]

Answer:

Louie's total cost is $ 7,625.

Explanation:

Closing costs are fees associated with your home purchase that are paid at the closing of a real estate transaction. Closing is the point in time when the title of the property is transferred from the seller to the buyer. In the above question all cost mentioned in question meet defination of closing cost.\

For more info please refer to below given calculation.

Loan application = $ 400

Attorney fee = $ 500

Appraisal fee = $ 400

Title insurance = $ 1200

Doc Fee  = $ 75

Credit fee = $ 50

Fee and interest = (250000*0.02)= $ 5000

Adding all above we get $ 7,625.

7 0
3 years ago
The head of accounting at delores inc. is computing a value that represents the company's financial performance for the previous
Nesterboy [21]
<span> In this scenario, the mean as a measure of central tendency will be least effective as an accurate representation of financial performance.
</span><span>The mean is a measure of central tendency that is the average for a sample.
</span><span>In this specific case the mean is not effective measure because there is a huge difference in the financial performance in the last month compared to the previous months.So the mean would not give the real picture.</span>
5 0
3 years ago
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed
Grace [21]

Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

<h3>What is the payment monthly?</h3>

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

<h3>What is a loan amortization schedule?</h3>

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

  • Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
  • A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

P=F_{P} (i)/1-(1+i)^{-1}

Plug all the values in the above formula:

P=210000(2.7/12)/1-(1+(2.7/12)^{-15*12}

$1420.

Hence,

Cassidy's approximate monthly payment stands at $1420.

To learn more about monthly payment, refer

brainly.com/question/2151013

#SPJ4

4 0
1 year ago
To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask? Select th
aleksley [76]
Do i need or want it?
is it affordable and in my budget?
have i weighed out my other options and shopped around?
7 0
4 years ago
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