Answer:
0.98%
Explanation:
Note: Options provided is slightly different for this question
EAR = (1+APR/m)^m - 1
EAR = (1+0.069/12)^12 - 1
EAR = (1.00575)^12 - 1
EAR = 1.07122449517 - 1
EAR = 7.12%
Hence, higher EAR charged by Woodburn versus the rate charged by Southwestern = (8.1% - 7.12%) = 0.98%
The package software company, intuit, bought mint.com as one strategy for anticipating the future and avoiding disruptive innovation.
A disruptive innovation is one that makes products and services simpler and more accessible to underserved or untapped markets.
Traditionally, established businesses focus on refining their goods and services for their lucrative clientele, usually ignoring the requirements and preferences of undeveloped markets. This lack of focus allows smaller businesses or newcomers the opportunity to reach this disregarded group with easier, more accessible choices.
On the other side, sustaining innovation refers to the practice of inventing to improve current goods and services for the client base already present, either in response to consumer or market demands.
To know more about disruptive innovation.
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Would it perhaps be a college loan?
Answer:
The correct answer is True.
Explanation:
Excess demand is a situation in which, for a given price, the amount that consumers want to buy is greater than the stock offered by sellers.
Otherwise, an excess of aggregate demand causes prices to rise and inflation is generated.
Well, given an excess of aggregate demand, with the intention of getting a price drop, the money supply will have to be reduced and interest rates increased, measures of a restrictive monetary policy.
The application of a restrictive monetary policy contributes to lower production and reduce inflation, although there is a possibility that it will generate a decrease in employment.
The reduction of public spending is an optimal solution to reduce possible inflationary pressures on the side of aggregate demand, said the Center for Economic Studies of the Private Sector (CEESP). Although the decline in public spending can also affect the pace of growth, it is the best way to moderate aggregate demand without additional effects and to stabilize financial markets.
