Answer: Option C
Explanation: An adjustable mortgage (ARM) is a borrowing form in which the rate of interest charged to the remaining balance varies all across the loan's lifetime. The new interest rate is set for an amount of time with an adjustable-rate mortgage, after which it resets regularly, often quarterly or even monthly.
The mortgage can be given at the normal variable rate/base rate of the lender. There may be a clear and statutorily defined relation to the applicable index, but if the creditor does not provide a specific link to the underlying market or index, the rate may be adjusted at the option of the lender.
Answer:
it got a little hard to understand at the end but from what read, I'll say it's true...
Answer:
D) 4 billion British pounds
Explanation:
Trade balance or balance of trade can be defined as the difference between a country's export and import at a particular period of time.
It could be a deficit or surplus.
Deficit trade balance refers to when the export of a country is less than it's import. This means more products are imported that exported.
Surplus trade balance refers to when export of a country is more than the import.
Import is the bringing in of goods from a foreign country. This means a particular country purchase goods from another country.
Export is the sending out of goods to a foreign country. That is the selling of goods to another country.
Trade balance= Export- Import
=14 billion British pounds- 10 billion British pounds
=4 billion British pounds
The trade balance that occurs here is surplus trade balance where export is more than import.
<em>Answer</em>:
<u>5,692.83</u> 3.
Explanation:
($10,082 billion/177.1) x 100 = 5,692.83
Remember the real GDP takes into account the value of the total number of goods and services produced by a country in a given year, while taking the effect of inflation into account.
Because of inflation the consumer price index data is used in the calculation to find the change or deflation that has occurred.
