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marysya [2.9K]
3 years ago
15

What impact might an economic downturn have on a borrower’s fixed-rate mortgage?

Business
2 answers:
Alik [6]3 years ago
9 0

Correct Answer is Option C - It has no impact because a fixed-rate mortgage cannot change.


Economic Downturn is the general slowdown in the economy over the period of time. During economic downturn, there is less demand for money and as a result there is fall in the price of credit. But in case of fixed rate mortgage the rate is always fixed irrespective of the economic scenario.


So, economic downturn has no impact on borrowers fixed rate mortgage because a fixed-rate mortgage cannot change.

rosijanka [135]3 years ago
7 0

Answer: C

Explanation: trust;)

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The organizations likely to benefit the most from the global reach of e-commerce are those that.
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*promote products or services that can be delivered online, inclusive of ebooks or online instructions.

*previously trusted foot site visitors into one physical save to sell their products.

international attain refers to a commercial enterprise initiative to boom the get right of entry to between an agency and their modern and ability customers thru using the internet. The internet allows the corporation to market themselves and entice new clients to their website where they are able to offer product records and higher customer service.

clients can vicinity orders electronically, consequently reducing luxurious long remote cellphone calls and postage prices of placing orders, even saving time on behalf of the purchaser and employer.

A business enterprise striving to achieve international attain ought to offer a code of ethics, an agency shopping policy, extra contact facts, ok product facts, and charges. The website itself has to be multi-lingual, the customer is easy to use and has the capability to secure information.

worldwide e-commerce is the system of promoting products or services online throughout geopolitical borders to customers in foreign nations. compared to local e-commerce, wherein a store most effectively sells within its united states of starting place, international eCommerce lets traders expand into non-native markets and reach new clients.

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3 0
1 year ago
Which describes risk aversion?
Savatey [412]
Risk aversion is the behavior in someone when they are exposed to uncertainty and are unsure of something due to being uncertain about it.  

In this case, reluctant for taking changes when making investment best describes risk aversion from an economics stand point. If someone isn't sure the return on investment they would get from investing or the risks associated with investing in something, they are more hesitant to do that. 
4 0
4 years ago
Read 2 more answers
The relationship between the price charged for a product and the resulting demand level can be shown in a ________.
Neko [114]
Hello!

I believe the correct answer is: Demand curve.

I hope that was helpful! c:
7 0
3 years ago
A firm can effectively use its operations function to yield competitive advantage through all of the following except
ira [324]

Answer:

The correct answer is b.setting equipment utilization goals below industry average.

Explanation:

A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.

If a firm wants to achieve competitive advantage it can achieve it by;

Addressing its customers concerns and customizes the products according to their needs.  

Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.

Bring improvement and advancements in its products by using new technology.

Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.

4 0
3 years ago
WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a s
timofeeve [1]

Answer:

$258,000

Explanation:

Data given in the question

Salary paid on annual basis to onsite supervisor = $94,000

Salary paid on annual basis to one salaried estimator = $52,000

Two administrative assistant salaries $56,000 and $40,000

Salary of the president = $162,000

So, by considering the above information, the common fixed expense is

= Administrative salaries for one + administrative salaries for another + president salary

= $56,000 + $40,000 + $162,000

= $258,000

6 0
3 years ago
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