All categories

3 years ago

True or False: It's always better to take a loan from a private bank to pay for your college tuition.

Business

1 answer:

Natalija [7]3 years ago

8 0

Answer:

False

Explanation:

Generally, government student loans are much cheaper than loans given from private banks. Government student loans usually carry a very low interest rate, lower than the rates used by private banks. Also, the government might provide additional assistance during special times, like the current health crisis where payments were frozen.

You might be interested in

A stadium is considering an offer from Mass Insurance to change the name to Mass Stadium. The company is offering to pay $1,000,

tino4ka555 [31]

Answer:

b) 1,250,000

Explanation:

1,000,000+ 250,000 = 1,250,000

8 0

3 years ago

PLEASE HELP!!!

Marta_Voda [28]

Answer:

Expenses

Explanation:

4 0

3 years ago

Adolescence is associated with

Taya2010 [7]

Adolescence is associated with genomically patterned consolidation of the hubs of the human brain connectome

6 0

3 years ago

Read 2 more answers

A candle manufacturer produces 4,000 units when the market price is $11 per unit and produces 6,000 units when the market price

mario62 [17]

Answer:

The option (b) 2.4 is correct.

Explanation:

We can find price elasticity of demand by using the formula shown in the attachment attached with.

Since we know the quantities of product associated with the market price of the product, by putting values in the equation we have:

Price elasticity of Demand =

= [(6000 - 4000) / (6000 + 4000)/2] / [(13 - 11) / (13+11)/2]

Price elasticity of Demand = 2.4

So this is how we can find the price elasticity of supply which says that the producers will respond to prices drop by producing lower quantity of product.

5 0

4 years ago

Real per capita GDP in South Korea in 1957 was about $400, but it doubled to about $800.00 by 1978. a. What was the average annu

miskamm [114]

Answer:

3.33%

Explanation:

Data provided in the question:

Real per capita GDP in South Korea in 1957 = $400

per capita GDP in South Korea in 1978 = $800

Total number of years taken to double the GDP = 21 years

Now,

Using the Rule of 70, which states that

Number of years to double the GDP = 70 ÷ (average annual economic growth rate )

thus,

21 years = 70 ÷ average annual economic growth rate

Average annual economic growth rate = 3.33%

3 0

4 years ago