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natita [175]
3 years ago
5

A list of reasons on why could it take 36 years and $61,060 to pay off a $10,000 credit card dept.

Business
1 answer:
Lady bird [3.3K]3 years ago
3 0

Answer:

This is due to compound interest on the credit card bills.

Explanation:

Credit card debt of $10,000 is repaid when its due. The bank lends the credit card amount and then charges interest on the debt amount. The compound interest is added to the debt amount and then future value of the debt is greater than the present value.

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When milk prices increased in 2008, one milk consumer stated that the reason he cut down on milk consumption is so that he could
Lera25 [3.4K]
<span>The action in 2008 in which milk prices increased and one milk consumer stated that the reason he cut down on milk consumption is so that he could drive his car represents </span>movement along the demand curve for milk.
<span>Movement along the demand curve usually occurs when the manufacturer raises or lowers the price of the product.</span>
4 0
4 years ago
The leader's decision choices in the vroom-jago leader – participation model are authority, consultative and __________.
ohaa [14]
<span>The leader's decision choices in the vroom-jago leader – participation model are authority, consultative and groups.

This leadership model is about how a leader should make a decision by themselves or using a group to consult. They are very rational leaders and are trying to make the best overall decision for the team. 
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5 0
3 years ago
What business cycle means?
inn [45]

The repeating economic changes that happen in a society over time are known as business cycles.

Business cycles are one sort of fluctuation that can be seen in a country's overall economic activity, a pattern of booms that occur roughly at the same time in various economic activities, followed by contractions that are equally widespread.

The repeating economic changes that happen in a society over time are known as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators.

Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.

Expansions and contractions, commonly known as recessions, are the two contrasting phases of the business cycle.

To learn more about business cycle link is here

brainly.com/question/4511868

#SPJ4

8 0
1 year ago
Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate
Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

4 0
3 years ago
Can someone please help with one? I will mark brainlest!!!
Zina [86]

Answer:

1.) Data Integrity 2.) Non-merchant E-commerce company (I think)

Explanation:

Data quality is referred to as “data integrity.” It is maintaining and assuring the accuracy and consistency of data over its entire life-cycle. Data integrity means that the data is accurate and reliable.

I would say Non-Merchant b/c its sounds more like an Ebay then Amazon

3 0
3 years ago
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