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Agata [3.3K]
3 years ago
6

William took out a $440,000 mortgage to purchase his personal residence. The residence is worth almost $1 million, and William w

ants to take out a $200,000 second mortgage and use the proceeds to consolidate his credit card debt. William can deduct the interest he pays on both mortgages.
a. True
b. False
Business
1 answer:
vlabodo [156]3 years ago
7 0

Answer:

false

Explanation:

this is false than

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Which of these are goals of an expansionary policy? Check all that apply. a. increased available credit b. decreased available c
nignag [31]

Answer:

a. increased available credit

c. increased money supply

f. decreased interest rates

Explanation:

Expansionary policy is a policy pursued by either the government or the monetary authority to stimulate aggregate demand in the economy. This can be achieved through the use of either the fiscal policy tool by the government or the monetary policy tool by the Federal Reserve.

The policy target of expansionary policy are any of the economic goals of the government, such as economic growth, control of inflation, favorable balance of payment, e.t.c.

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3 years ago
Forms used by the medical practice should be updated __________ and the codes verified with the current year's diagnostic and pr
Paladinen [302]

 I believe the correct word to fill in the blank is:

“Annually”

 

Forms which are used in medical practice and the accompanying medical codes used must always be updated annually to make sure that they are accurate and precise with regards to the latest practice in the medical field. This is extremely important especially that we are dealing with life and death.

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Which of the following is not true about the law of diminishing returns? It is a short run phenomenon. It refers to diminishing
Natasha2012 [34]

Answer:

All of the above are true.

Explanation:

The law of diminishing returns was first formulated by the classic economist David Ricardo. It presupposes a technical relationship between input and output, which is not scientifically demonstrable but only empirically. In practice, in a generic production system, at any contribution of any factor, that is, land, labor, capital, machines, etc. there is no proportionally increasing production increase.  

Normally it is assumed that the law does not always come into operation but only when the variable input exceeds a certain threshold. For example, the increase of workers on an assembly line certainly allows a proportional increase in production, but only until the entire system begins to suffer from malfunctions due to logistics or work organization, precisely because of the its getting bigger. Large industrial plants have shown that they must be divided into sections, however coordinated, precisely because of the decreasing returns. This is because the increase in the number of workers and the mass of the plants does not correspond to a consequent increase in production.

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