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r-ruslan [8.4K]
3 years ago
5

Why might it be important for consumers to understand their credit card agreements?

Business
2 answers:
Harlamova29_29 [7]3 years ago
7 0
Every credit card has different interest rates. Consumers need to pay very close attention to how much they will actually be going in debt for.
allochka39001 [22]3 years ago
6 0
So they do not get scammed and loose all of their money
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According to liquidity preference theory, equilibrium in the money market is achieved by adjustments in
sashaice [31]

Answer:The correct option is 'd': The interest rate.

Explanation:

According to Liquidity preference theory money is considered as 'liquid' meaning that liquidity preference is the demand for money.

According to this theory if our investments are more liquid then we ought to cash in for full value as cash is often accepted as most liquid asset.

Thus the liquidity of cash can be controlled by adjusting the interest rates as equilibrium in the money markets is achieved when the demand equals the supply.

4 0
3 years ago
The use of the money supply to influence the economy is: a. initiated through actions of Congress. b. called countercyclical pol
iogann1982 [59]

Answer:

The correct answer is (E)

Explanation:

There are two major policies which can directly affect the economy of a country; fiscal policy and monetary policy. Monetary policy is generally controlled by federal or state bank which is used to increase or decrease the overall money supply in the economy. Some important tools of monetary policy are interest rate, discount rate and open market operations etc. The monetary policy is often used to target inflation

5 0
3 years ago
Justin is taking a class in which he is working on his future career goals. His teacher asked him to write an essay answering qu
morpeh [17]

Answer:

answer b

Explanation:

8 0
2 years ago
Read 2 more answers
Agile project management is an approach to _______________product development time while _____________ risk through continuous i
grigory [225]

Answer:

Reduce, Minimizing

Explanation:

As per the given scenario Agile product, management wants to reduce the time for making the product on the other hand Agile minimizing the risk by making interaction from the customers and self-organizing team by taking care of quality, price, quantity, etc.

Since the company wants to reduce its product development time with the motive to produce more and more products in lesser time so that it delivers the product to the customer within the prescribed time.

7 0
3 years ago
An investment offers to double your money in 30 months (don’t believe it). What rate per six months are you being offered? (Do n
kykrilka [37]

Answer:

9.05%

Explanation:

The formula that would be used to fund the interest rate =

[(FV / PV)^1/N ] - 1

FV / PV = Future value/ present value = 2 (The investment offers to double the investment)

M = 5 (30 months / 6 months )

(2 ^1/8) - 1 = 0.090508 = 9.05%

I hope my answer helps you

6 0
3 years ago
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