Answer:
Reduction in consumer confidence will decrease consumption demand, which will decrease output. IS curve... view the full answer
Explanation:
Reduction in consumer confidence will decrease consumption demand, which will decrease output.
Answer:
c. Loan Estimate
Explanation:
The loan estimate has replaced the Good Faith Estimate in 2015. Both documents are given by the mortgage lender to the consumer. The main purpose of the documents is for the customer to compare different offers from different lenders.
The main difference is that the loan estimate form is more comprehensive and understandable for the customers.
Suppose a gardener produces both tomatoes and squash in his garden. If he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is 5/2 bushels of squash.
Opportunity costs are the possible advantages which any person or investor or any company forgoes while deciding between the two options.
Opportunity costs are invisible in nature. An opportunity cost is simply by definition is the difference between the expected returns of each option and this is also the formula for doing so.
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Answer:
B. Public recognition
Explanation:
Legitimacy, in its primary sense, means acceptance.
People-based legitimacy revolves consensual acceptance of a particular individual by some group of people. This people-based legitimacy can be relayed to an individual through public recognition. Before anyone can enjoy people-based legitimacy, they must have done something worthwhile.
In the case of the owner of Elixir Force Inc receiving an award for most outstanding new entrepreneur of the year, it is clear that he is enjoying public recognition in context of people-based legitimacy.
