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Marat540 [252]
3 years ago
10

The debt-to-income (DTI) ratio of a borrower is used to compare to the borrower's gross monthly income.

Business
2 answers:
TEA [102]3 years ago
7 0

Answer:

D on edge

Explanation:

ArbitrLikvidat [17]3 years ago
5 0

Answer:

Answer is D. monthly living expenses (rent or mortgage, property tax, mortgage insurance, minimum credit card payments, and monthly loan payments)

Explanation:

Edge

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Paul consumes only books and DVDs. At his current consumption​ bundle, his marginal utility from DVDs is 21 and from books is 4
Nat2105 [25]

Answer:

Paul is NOT maximizing his utility.

Explanation:

Given:

MU_{D} = Marginal utility from DVDs = 21

MU_{B} = Marginal utility from books = 4

P_{D} = Price of DVDS = $11

P_{B} = Price of books = $1

Under the utility maximization theory for two or more goods, utility is said to be maximized by a consumer when the ratios of the marginal utility to price per unit of each good are equal to each other. For this question, this implies that when we have:

MU_{D} / P_{D} = MU_{B} / P_{B} ………………………….. (1)

Therefore, we have:

MU_{D} / P_{D} = 21 / 11 = 1.91

MU_{B} / P_{B} = 4 / 1 = 4

Since 1.91 = MU_{D} / P_{D}  < MU_{B} / P_{B} = 4, this implies that these conditions are NOT consistent with equation (1). Therefore, Paul is NOT maximizing his utility.

In order to maximize his utility, Paul should consume more DVDs and consume less books until these conditions are consistent with equation (1).

7 0
2 years ago
Financial assets are priced via the balance of _____ and _____. question 56 options: assets and liabilities supply and demand do
umka21 [38]

Financial assets are priced via the balance of supply and demand.

<h3>What do the terms supply and demand mean?</h3>
  • Supply and demand is an economic theory that describes how prices are set in a market in microeconomics.
  • In a competitive market, it is hypothesized that all else being equal, the unit price for a specific good or other traded goods, such as labor or liquid financial assets, will fluctuate until it settles at a stage where the quantity demanded (at the current price) will equivalent the quantity supplied (at the current price), resulting in an economical equilibrium for price and quantity transacted.
  • It is the theoretical cornerstone of contemporary economics.

To learn more about supply and demand, refer to the following link:

brainly.com/question/1222851

#SPJ4

4 0
2 years ago
Suppose you have $10,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for fu
trapecia [35]

Answer:

The Money supply will decrease by $4,500

Explanation:

What will be the maximum impact on money supply today as a result of your action is that the Money supply will decrease by $4,500.

Since we assumed that you have $10,000 in your account in which you withdraw $500 cash from your account and hide it under your pillow for future use, therefore based this scenario or actions carried by you it means that your bank have fewer or lesser funds available to make loans which means the decrease will tend to affect the money supply.

Hence, you can easily calculate the effect by using the simple money multiplier.

8 0
3 years ago
In a statement of cash flows, which of the following would be classified as an investing activity?
Elanso [62]

Answer:

C. The sale of equipment.

Explanation:

Investing activities: It records those activities that include the long-term asset buying and selling. The buying is a cash outflow while the sale is a cash inflow.

The cash outflow decreases the cash balance whereas cash inflow increases the cash balance. So the buying would be shown in a negative sign while the selling is shown in the positive sign

Hence, the correct option is C.

5 0
3 years ago
Round Barn stock has a required return of 11.00% and is expected to pay a dividend of $2.35 next year. Investors expect a growth
34kurt

Answer:

$47

Explanation:

Given that,

Required return = 11.00%

Expect a growth rate = 6.00%

Expected to pay a dividend next year = $2.35

Stock Price:

=  Dividends (Div)  ÷  (Expected Return (R)  -  Dividend Growth Rate (G))

= $2.35 ÷ (11% - 6%)

= $2.35 ÷ (5%)

=  $47

Therefore, the current fair price for the stock is $47.

7 0
3 years ago
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