Hi, these are your answers:-
1. When you pay back a loan, you only have to pay the principle amount that was borrowed. <em><u>False.</u></em>
<em>Brief answer:- You have to pay Compound interest and tax also.</em>
2. A budget is a financial plan<em>.</em><em> </em><em><u>True</u></em>
Hope it helps you...
Answered by Benjemin ☺️
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Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation:
Answer:
Personal-use
Personal
Real
Explanation:
There are three types of properties which are shown below:
1. Personal use: These properties which are used by a person for their personal purpose rather than business purpose like - clothing, jewelry, home, car for their comfort and enjoyment.
2. Personal: These include those properties which are movable or transferable for one place to other like - machinery, furniture, other building, etc as per the needs.
3. Real: These properties include properties that are non-movable i.e land, building, canals, etc. This is also known as immovable properties.
Answer:
The correct answer is option B.
Explanation:
A recessionary gap implies that the resources are not being fully utilized. This means resources are being wasted.
An expansionary gap, on the other hand, means that the economy is producing at more than potential level. The price level at this point is high. There is a tendency for inflation to develop in this situation.
To curb the recessionary gap the economy can adopt the expansionary fiscal and monetary policy. While to curb expansionary gap, contractionary monetary and fiscal policy can be adopted.
I need more details to answer this
