All categories

3 years ago

What do borrowers use to secure a mortgage loan?

Business

2 answers:

Sav [38]3 years ago

8 0

Answer:

C,D,and E

Explanation:

For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.

mylen [45]3 years ago

6 0

Answer:

A. and B.

Explanation:

mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.

You might be interested in

Anita Job is the new Treasury Secretary, and she is trying to interpret the inflation measures for two consecutive years. In yea

sladkih [1.3K]

Answer:

Anita uses Consumer Price Index (CPI) as the term to describe the change in the price level from year one to year two.

Explanation:

Since Inflation is measured as the rate of change of those prices from 9% in year 1 to 5% in year 2. The most well-known indicator of inflation is the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households.

Therefore, the Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them

4 0

3 years ago

If the economy starts below full employment, an expansionary fiscal policy will shift the aggregate demand curve from _____ to _

MrRissso [65]

The expansionary fiscal policy will shift the aggregate demand curve from AD0 to AD1 and equilibrium will move from point a to b if the economy starts below full employment.

<h3>What is the below full employment?</h3>

Its means when an the short-run real gross domestic product is lower than that same long-run potential real gross domestic product.

Hence, the economic situation will elicit a policy of expansionary fiscal which will affect the aggregate demand graph.

Therefore, the aggregate demand curve from AD0 to AD1 and equilibrium will move from point a to b if the economy starts below full employment.

Read more about aggregate demand

brainly.com/question/1490249

7 0

1 year ago

Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia an

Lostsunrise [7]

Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.

<h3>What is a Bartering?</h3>

Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.

Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.

Hence, in this case, it is concluded that the correct answer is Bartering.

Learn more about Bartering here: brainly.com/question/1462751

7 0

2 years ago

You sell a stock for $50.00 that was held for 10 years. You earned a return of 8%. What was the original cost of the stock?

Irina18 [472]

Answer:

Original cost of the stock = $23.16

Explanation:

Original cost of the stock = Selling price of stock / ( 1 + r )^n

Original cost of the stock = $50 / (1+8%)^10

Original cost of the stock = $50 / (1.08)^10

Original cost of the stock = $23.16

7 0

3 years ago

Carlos manages a grocery store in a country experiencing a high rate of inflation. he is paid in cash twice per month. on payday

Luda [366]

This is an example of the Shoe-leather effect of inflation

Explanation: Here Carols faces a lot of inconvenience in minimizing the cash holdings he has in the fear of it losing its value in the long term. So, he pays a steep fee to convert which we can call as shoe leather costs.

4 0

2 years ago

Read 2 more answers