Regional mortgage rate differentials do exist, depending on supply & demand conditions in the different regions. However, high rates in one region would attract capital from other regions, and the end result would be a diffferential that was just sufficient to cover the costs of causing the transfer. Differentials are more likely in the residential mortgage market than the business loan market, and not at all likely for the large, nationwide firms, which do their borrowing in the lowest-cost money centers thereby quickly equalizing rates for large corporate loans. Interest rates are more competitive, making it easier for small borrowers, and borrowers in rural areas, to obtain lower cost loans
Answer:
The correct answer is letter "D": the growth of consumption is likely to remain sluggish even as the economy begins to recover.
Explanation:
If in an economy the household debt increases it is typically caused because of long-term investments like mortgage payments. As a result, the amount of disposable money of the households will decreases which will cause consumption in the overall market will move slowly, regardless the economy is recovering or not.
Answer:
C)$30,000
Explanation:
Since the assets will depreciate including the acquisition month, the depreciation will be calculated as $500x12= $6000 . So the Book Value will be $36000 -$6000 = $30000
Answer:
a. decreases, so aggregate demand shifts left.
Explanation:
When tax is increased, disposable income reduces and therefore consumption falls. The fall in consumption shifts the aggregate demand curve to the left.
I hope my answer helps you.
If the customer pays with a personal check. Recording this transaction will include a Debit Cash $100.
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Journal entry</h3>
Based on the information given since Lindell sells good of the amount of $100 to a customer in which the customer pays with a personal check the appropriate journal entry to record this transaction will includes;
Lindell journal entry
Debit Cash $100
Credit Check receivable $100
Inconclusion if the customer pays with a personal check. Recording this transaction will include a Debit Cash $100.
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