It has to do with Florence Nightingale
Answer:
A slowdown in the supply of widgets would have the main effect of increasing their amount.
This would be because as a consequence of the slowdown, fewer products would be put up for sale. Thus, customers would have less access to them, with which their price would increase to filter this excess demand, as well as to equalize the productivity of sellers.
This situation would be temporary, and would return to its normal price once the usual offer of widgets is restored.
Answer:
$1320
Explanation:
Data obtained from the question include:
Principal (P) = $22000
Rate (R) = 12 %
Time (T) = 6 months
There are 12 months in a year i.e
12 months = 1 year.
Therefore, 6 months = 6/12 = 1/2 year
Interest (I) =?
Interest is related to principal, rate and time by the following equation:
I = PRT
I = 22000 x 12% x 1/2
I = 22000 x 12/100 x 1/2
I = $1320
Therefore, the interest revenue earned for the entire term of the note is $1320
The answer for this I think is:
False
