Answer:
PV = 1414
Explanation:
The pictures attached below shows the full explanation for the problem and it is so explanatory. i hope it helps you, thank you
Income demand curve ? Well I know it probably has something to do with money
Answer:
d. The price will stay the same, but the quantity will increase.
Explanation:
When the demand and supply both fall, the equilibrium quantity will definately fall but the price will remain the same. The new supply adapts to the reduction of the demand.
<span>Major reasons for consumer default on loans can include: missed payments, either known or unknown. This has a negative effect on the consumer's credit score and can limit their chances to take out new lines of credit. A continuation of missed payments results in default. High interest loans are also a major reason for default.</span>