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zepelin [54]
3 years ago
5

In a market economy, the government provides public goods and services that the private sector cannot be relied upon to supply.

These may include all of the following EXCEPT
A.Law enforcement
B.union organization
C.public infrastructure
D.environmental protection

Social Studies
1 answer:
Alik [6]3 years ago
4 0

Answer:

The answer is option B "Union Organization"

Explanation:

Before government arrangement of mail administration and tutoring, private mail administration and non-public schools were the lone choices. The explanation that mail administration and schools are likewise given by the public authority is that having general mail conveyance and all inclusive tutoring have huge public advantages notwithstanding their private advantages. How about we take a gander at tutoring, specifically. In the event that solitary the affluent are taught, the greater part of the populace is limited to low-wage, low-aptitude occupations.

The economy endures and the nation doesn't thrive. Additionally, if just the rich are taught, they will control the political plan. General essential and optional instruction, joined with financed advanced education guarantees the chance of equivalent open door for all to move into high-ability, high-wage occupations and to viably partake in governmental issues. A bigger populace of high workers adds to financial development.

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You work for a lender that requires a 20% down payment and uses the standard debt-to-income ratio to determine
ratelena [41]

According to the standard debt-to-income ratio, the person who would be rated as highest in respect of eligibility for a home loan is person C.

<h3>What is a home loan?</h3>

A home loan is an amount that has been lent for the acquisition or purchase of any house. or apartment for living.

Given values:

<u>Persons    </u>             <u>   Monthly Incomes    </u>      <u> Recurring debts </u>

Person A                    $4,250 ($51,000 / 12)               $350

Person B                     $4,833 ($58,000 / 12)              $250

Person C                     $5,250 ($63,000 / 12)             $200

Person D                     $5,583 ($67,000 / 12)             $450

<u>Step-1 </u> Computation of debt-to-income ratio of person A:

\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$350}{\$4,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.23\%

<u>Step-2 </u>Computation of debt-to-income ratio of person B:

\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$250}{\$4,833}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=5.18\%

<u>Step-3 </u>Computation of debt-to-income ratio of person C:

\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$200}{\$5,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=3.80\%

<u>Step-4 </u>Computation of debt-to-income ratio of person D:

\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$450}{\$5,583}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.06\%

Therefore, after finding debt to income ratios of all persons, the lowest ratio comes out to be of Person C at 3.80% which ranked to be the highest.

Learn more about the debt ratio in the related link:

brainly.com/question/14553933

#SPJ1

8 0
1 year ago
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