A payday loans are small, short-term unsecured loans, which are taken by the borrowers to cover ordinary living expenses and daily needs. These loans are in small amount but the charges and fees are higher as compared with the traditional loans.
Hence the given statement “Payday loans incur fewer fees and expenses than traditional loans” is False.
The answer is False.
Procyclical fiscal policies, like those of many US state and local governments, have the tendency to make recessions or inflation worse.
In order to affect economic conditions, particularly macroeconomic recessions conditions, fiscal policy refers to the use of government spending and fiscal policies tax policies. These include employment, the total demand for goods and services, inflation, and economic expansion.
In order to boost demand and stimulate the economy during a recession, the government may reduce tax rates or increase spending. As an fiscal policies alternative, it might increase rates or reduce spending to slow down the economy and fight inflation.
Comparing fiscal policy to monetary policy, which is implemented by recessions central bankers rather than elected government officials, is common practice.
Learn more about fiscal policies here
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Answer: b. 36 years under scenario A, versus 18 years under scenario B.
Explanation:
The Rule of 72 is a rule in finance that will allows for the calculation of how long it will take for an investment to double given its interest rate.
The time is calculated by dividing 72 by the interest rate in question.
Scenario A
= 72/2
= 36 years.
Scenario B
= 72/4
= 18 years.
Answer:
advertising is not permitted
Commissions can be received in connection with the offering.
Explanation:
Under the securities act of 1993, a regulation D private placements have some rules which included: advertising was not permitted and Commissions can be received in connection with the offering. These were only a few rules as Regulation D allows a "private placement" exemption if an issue is sold to a maximum of 35 "non-accredited" investors.
In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced.
Example of variable expenses are:
- Raw material expenses
- Cost of plastic to make a handphone case
- Cost of carrots if the company is selling carrot pies
- etc
