Answer:
A lot of times at medieval fairs or market places food, cleaning products, wood work, whetstones, clothing and other household appliances were sold made by the locals or by merchants. Merchants also traded in luxury products, such as silk, leather, perfumes, jewels and glass.
I hope this helps you.
Answer:
Yes, Hayek will agree with Sowell.
Explanation: Hayek is a firm believer in the fact that no one person has all the information needed to solve economic or issues affecting a complex economy.
Hayek in one of his papers stated that the information needed to operate a complex economy should be based on the views of individuals making up the economy,according to Hayek, information should be decentralized others should also have their own views on economic issues.
With this view expressed by Hayek, he will certainly agree with Sowell as it is based on his own findings and believe.
Explanation:
I can't change your mind as I think same.
Answer:
This is known as typical amortisation
Explanation:
Amortization is defined as the process of spreading out a loan into a series of fixed payments over time. Brendan will be paying off the loan's interest and principal in different amounts each month. The payment is made up of parts that change over time. A portion of each payment goes towards:
The interest costs (what Brendan's lender gets paid for the loan).
Reducing Brendan's loan balance which also means paying off the loan principal. Especially with long-term loans, the majority of each periodic payment is an interest expense, and Brendan only pays off a small portion of the balance. In other words, he doesn't make much progress on the debt's principal repayment until closer to the end of the loan.
Answer:
I think it was three
Explanation:
That is if I remember right, PLEASE tell me if I am wrong