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3 years ago

Why is a bank more likely to offer you credit if you have a cosigner?

Business

1 answer:

Brums [2.3K]3 years ago

5 0

Answer:

Because a cosigner is another person who is also responsible for ensuring the loan is paid.

Explanation: A cosigner is a person who is signing on to the loan and by doing so, they are jointly taking on responsibility for repayment of the loan. So basically loan repayment is being guaranteed by the person taking out the loan and the cosigner.

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When immigration adds to the size of the domestic labor pool, which is likely to occur? minimum wage increases. wages decrease p

Grace [21]

Answer:

wages decrease

Explanation:

Labor is a factor of production and has a price like all other inputs. In the economy, labor is a commodity whose price is determined by the forces of demand and supply. When there is an oversupply of labor, its equilibrium price will decrease.

The equilibrium price of labor is the prevailing wage rate, where demand matches supply. When immigration adds to the labor force, it means an additional supply of able and willing workers in the markets. There will be many sellers or workers offering to supply labor services to the existing job openings. As a result, the price of labor will reduce as buyers or employers can lower the wage rate and still get the labor services they require.

8 0

4 years ago

Read 2 more answers

You've decided on an idea for an essay you've been assigned to write. what should you do next?a. plunge right in and start writi

Bas_tet [7]

Hey there!

The best answer would be D because you need to make a plan and do research. Doing research is good because they will make your essay more credible. Making a plan is always what you need to do when making an essay.

I hope this helps!

7 0

3 years ago

Is buying a movie ticket considered a

Likurg_2 [28]

C. Public Good (at least I think because the money goes to the public)

4 0

3 years ago

A good economic theory___________.

Ray Of Light [21]

Answer:

The correct answer is B

Explanation:

Economic theory is the theory which states or trying to explain the phenomena of economics, how the economy behaves, interpret the reason and what is the best solution to the economic problem- how to influence the economic theory.

All the theories of the economic, used to explain the particular problems or the situation in the economy through its model.

So, the good economic theory would be the one which comprise of the simplification of reality.

3 0

3 years ago

The following information is available for Ramos Corporation for the year ended December 31, 2014.Beginning cash balance $ 79,42

faust18 [17]

Answer:

Please see the statement of cash flows prepared below.

Explanation:

Ramos Corporation

Statement of cash flows

Net income $501,437

Add: Depreciation expense 285,930

Income taxes payable increase 8,296

Less: Accounts payable decrease (6,531)

Accounts receivable increase (14,473)

Inventory increase (19,415)

Net cash flows from operating activities (a)....... 755,244

Proceed from sale of land 61,775

Purchase of building (510,085)

Net cash flows from investing activities (b)....... (448,310)

Cash dividends paid (21,180)

Purchase treasury stock (45,890)

Proceed from the issue of bonds 353,000

Net cash flows from financing activities (c)....... 285,930

Net increase in cash and cash equivalents (d=a+b+c)592,864

Cash balance at the beginning of the year 79,425

Cash balance at the end of the year $672,289

5 0

3 years ago