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SVETLANKA909090 [29]
3 years ago
8

Why does your credit score matter?

Social Studies
1 answer:
Blababa [14]3 years ago
5 0

Answer:

FICO Scores range between 350 (extremely high risk) and 850 (extremely low risk). Having a high score increases your odds of getting approved for a loan and helps with the conditions of the offer, such as the interest rate. Having a low FICO score can be a deal-breaker for many lenders.

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A fossil are remains of a plant or animal..When a fossil decomposes on a rock you can see their skeletal remains embedded on the rock...
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Why are sound reasons why companies implement new technology? Select all that apply.
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I believe that the 1,2,and 5 ones are correct.
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While normally calm, 10-year-old Gretta becomes very shy and highly distressed when she is in an unfamiliar setting with people
Alex73 [517]

Answer:

behaviorally inhibited.

Explanation:

Behavior Inhibition refers to a temperament or personality style where social anxiety develops when an individual faced a new or strange situation. Children showing behavior inhibition tends to feel distress and withdrawn when exposed to unfamiliar people or the environment. These children tend to ignore the new people or situations and stay vigilant of their surroundings.

As per the question, Gretta become shy and distressed when exposed to new unfamiliar setting and new challenges, it is a classic example of behavioral inhibition.

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3 years ago
___________________ provides a method of paying for loss or damage if you are involved in a collision. the dmv your car company
Elena L [17]
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3 years ago
Write a two paragraph persuasive essay on how important economic resources are in society
Tema [17]

I would suggest the main importance of economics is helping society decide on the optimal allocation of our limited resources. The fundamental problem of economic is said to be scarcity - the idea that wants (demand) is greater than the resources we have. Frequently we face choices on:

What to produceHow to produceFor whom to Produce

Economics helps to decide on questions like this. More specifically economics is important in these areas.

How to manage the macro economy.

Economists can advise governments how to manage the economy and avoid problems such as inflation and unemployment. Both inflation and mass unemployment can be devastating for society. Economists argue that both can be avoided through careful economic policies. For example:

Policies to reduce unemploymentPolicies to reduce inflation

If economics can help reduce unemployment, then it can make a big improvement to economic welfare. For example, the mass unemployment of the 1930s great depression, led to much political instability and the rise of extremist political parties across Europe.


However, the problem is that economists may often disagree on the best solution to these problems. For example, at the start of the great depression in 1930, leading economists in the UK Treasury suggested that the UK needed to balance the budget; i.e. higher taxes, lower unemployment benefits. But, this made the recession deeper and led to a fall in demand. 

It was in the great depression that John Maynard Keynes developed his general theory of Employment, Income and Money. He argued that classical economics had the wrong approach for dealing with depressions. Keynes argued that the economy needed expansionary fiscal policy. - higher borrowing and government spending.

2. Overcoming Market Failure.

Generally it is considered that free markets offer a better solution than a planned economy (Communist) However, free markets invariable lead to problems such as

The over production of negative externalities (e.g. pollution)The underproduction of goods withpositive externalities (e.g. education, health care, public transport).Non provision of Public Goods


An economist can suggest policies to overcome these types of market failures. For example

Tax negative externalitiesSubsidise public services like health care and education.

The importance of economics is that we can examine whether society is better off through government intervention to influence changes in the provision of certain goods.

Some Topical Issues Economists are concerned with
Carbon Tax - should we implement a carbon tax to reduce global warming.Should we tax fatty foods?Arguments for Road pricing
Efficiency

Another area where economists have a role to play is in improving efficiency. For example economists may suggest supply side policiesto improve the efficiency of an economy.

Individual Economics

Economics is also important for an individual. For example, every decision we take involves an opportunity cost - which is more valuable working overtime or having more leisure time?

8 0
3 years ago
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