Answer:
Total interest paid = $606.63
Explanation:
First calculate the monthly payment for first six months
Monthly interest for first 6 months =.006/12=.0005
= 6500*(1.0005)^6
=6519.52
Interest rate for next six months
=17.37%/12=1.45%
(1.0145)^6=1.090054
=6519.52*(1+.0145)^6
=7106.63
Total interest paid = 7106.63-6500
Total interest paid = 606.63
Answer:
a. 64.6% and 8.2%
Explanation:
The computation is shown below:
For labor force participation rate
= Labor force ÷ Total population × 100
= 4.888 million ÷ 7.568 million
= 64.60%
And, the unemployment rate is
But before that the employment rate is
= Labor employed ÷ labor force × 100
= 4.486 million ÷ 4.888 million
= 91.77%
Now the unemployment rate is
= 100% - employment rate
= 100% - 91.77%
= 8.2%
Answer:
The Western Wall, Israel
Explanation:
The Western Wall in Israel isn't one of the new seven wonders of the world.
The New7Wonders of the world are:
Great Pyramid of Giza, Egypt.
Petra, Jordan
Taj Mahal, India
Chichen Itza, Yucatán, Mexico
Christ The Redeemer, Rio De Janeiro, Brazil
Great Wall of China, China
Other places are Machu Picchu, Peru and The Colosseum, Rome, Italy.
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
Answer:
1. Fall
2. Reducing
3. Fall Below
Explanation:
1. FALL. Due to the Menu Costs (costs to suppliers of having to constantly update prices) of inflation being too high for the Catalogue sellers. They leave the prices where they are at 100. Prices have fallen to 90 though so people will therefore buy less from catalogues as they will be considered more expensive.
2. REDUCING. Firms dealing with Catalogues will respond by reducing output. The more output they supply, the more variable costs they deal with. Seeing as their Demand has fallen leading to a reduction in profitability, they will scale back operations to try to spend less and also because less people are buying output.
3. Fall Below. The Quantity of output supplied was dependant on a price level of 100. That was where the natural rate was. Now as prices have fallen and quantity supplied have gone with them, the effect would be a fall Below the Natural Output Level.
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