In a partnership, the basis for sharing profits and losses is determined by the agreement between the partners. It does not necessarily have to be the same as their investment ratio. This means that partners can decide how to distribute profits and losses based on factors.
For example, two partners may have invested different amounts, but they may agree to share profits and losses equally. On the other hand, partners may agree to share profits and losses in proportion to their respective contributions.The key point is that the decision on how to share profits and losses is flexible and can be based on the partners' agreement.
In summary, the basis for sharing profits and losses in a partnership is not fixed and can vary depending on the agreement between the partners. The investment ratio is one possible factor, but it is not the only determining factor. Partners have the freedom to negotiate and decide on the most suitable arrangement for them.
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Pls help me with this question!
The type of bank that contributes to the national economy by managing accounts and credit lines for both individuals and businesses is a commercial bank. So, the correct choice is option C.
Commercial banks are financial institutions that play a vital role in the economy by providing a wide range of banking services to individuals, businesses, and governments. They accept deposits from customers and offer various types of accounts, including checking accounts, savings accounts, and certificates of deposit. Commercial banks also provide loans and credit lines to individuals and businesses to support their financial needs.
By managing accounts, commercial banks facilitate the safekeeping of funds for individuals and businesses, allowing them to make transactions, earn interest on their deposits, and access their funds conveniently through various banking channels.
Furthermore, commercial banks contribute to the national economy by extending credit lines to individuals and businesses. These credit lines can be used for various purposes, such as financing investments, expanding businesses, purchasing assets, or managing cash flow. By providing credit, commercial banks support economic growth, entrepreneurship, and job creation.
In summary, commercial banks are the type of bank that actively contributes to the national economy by managing accounts and credit lines for both individuals and businesses, playing a crucial role in promoting financial stability and facilitating economic activities.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
A company sells goods for $150,000 that cost $60,000 to manufacture. Which statement(s) are true?
a. The company will recognize sales on the balance sheet of $150,000. b. The company will decrease finished goods by $60,000. c. The company will recognize $90,000 gross profit on the balance sheet. d. All of these are true.
The answer is Option d, all of these are true. When a company sells goods, it recognizes sales on the balance sheet for the full amount of the sale, which in this case is $150,000.
What is the reason?At the same time, it decreases the finished goods inventory account on the balance sheet by the cost of goods sold, which in this case is $60,000.
This is because the cost of the goods sold represents the cost of the materials, labor, and overhead used to manufacture the goods that were sold.
Finally, the company recognizes a gross profit of $90,000 on the balance sheet, which is the difference between the sales revenue of $150,000 and the cost of goods sold of $60,000.
This gross profit represents the amount of revenue that the company has left after covering its manufacturing costs and is an important metric for measuring the company's profitability.
Hence, option d. is correct.
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Why is cyanide heap leaching used to extract gold from some deposits?
Cyanide heap leaching is a method used to extract gold from low-grade ore deposits. This process involves the use of cyanide, a highly toxic chemical, to dissolve and extract gold from the ore. The main reasons why cyanide heap leaching is used to extract gold from some deposits include:
Low-grade ore: Cyanide heap leaching is often used to extract gold from low-grade ore deposits, which contain small amounts of gold that are not economically viable to extract using other methods.
Cost-effective: Cyanide heap leaching is a cost-effective method of extracting gold from low-grade ore deposits. The process is relatively simple and can be carried out on a large scale, making it an attractive option for mining companies.
High gold recovery rates: Cyanide heap leaching has high gold recovery rates compared to other methods of extracting gold from low-grade ore deposits. This is because the cyanide solution can penetrate the entire heap of ore, allowing for efficient extraction of gold.
Versatility: Cyanide heap leaching can be used to extract gold from a wide range of ore types, including oxide, transitional, and sulfide ores.
While cyanide heap leaching has some advantages for extracting gold from low-grade ore deposits, it also has significant environmental and health risks. Cyanide is highly toxic and can cause serious harm to humans, wildlife, and aquatic ecosystems if not handled properly. The use of cyanide heap leaching is highly regulated and mining companies must take extensive measures to minimize the environmental and health risks associated with this process.
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item 3 george jefferson established a trust fund that will provide $221,500 per year in scholarships. the trust fund earns an annual return of 3.8 percent. how much money did mr. jefferson contribute to the fund assuming that only income is distributed?
$6,050,000 was contributed by Jefferson to the trust.
Selling goods & services is how a business makes money. Profit and both fixed and variable costs incurred during product manufacturing are included in revenue. The distinction between profit and fixed costs is known as margin.
How does contribution margin compare to gross margin?
Contribution margin is the profit that remains after variable costs are deducted from revenue, while gross margin is the profit that remains after the cost of goods sold is deducted from revenue.
What exactly is contribution margin and why is it so crucial?
It is a bookkeeping term that assists entrepreneurs and chiefs with following item productivity.Understanding the contribution margin is critical because it indicates how much of a product's revenue can be used to cover fixed costs and increase the company's profit.
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Your parents have decided to retire and surprise you with the opportunity to take over their small business. The business sells paper invite bundles, such as invitations and stationery. Their main selling locations have always been general stores and greeting card stores around the state. You look over their financial numbers and realize the business has been losing revenue since you were a child. You decide to market their products online to try to increase market share. Using the Internet, as your primary resource, answer the following questions. How would you start the process of marketing products online? Explain how you plan to compete with other e-commerce companies that sell similar products. In at least three steps, discuss the promotional plan you would use to market and sell these products online. Please number your response for each question (1, 2, and 3).
The greeting card stores company's online product marketing process could be market research, to segment consumers and develop competitive strategies with other companies.
What could be the promotional plan for selling such products online?An effective promotional plan is one that is aligned with the characteristics of your target audience, that is, with communication, pricing and distribution in line with characteristics such as age, income, tastes, location, etc. A three-step plan could be:
Marketing researchSegmenting consumers into groupsCreating value through advertisingTherefore, it is essential that the company's marketing strategies are instituted to create value for the brand and for the potential consumer, such strategies being organized, controlled and reviewed, so that the company is competitive and well positioned in the market.
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Many of the economic regulations put in place by the
U.S. government are intended to do which two things?
Answer: The answer to that question is to promote competition and prevent companies from taking unfair advantage of consumers.
Explanation:
1. The size of the economy currently stands at US$10,000m, however unemployment is a major problem due to the downturn in the economy caused by the pandemic and a fall in export revenue of is two major exports - natural gas and oil. The unemployment rate has risen to 10% and the economy has been declining since 2014. The Minister of Finance has decided to implement a fiscal stimulus package worth $500m comprising mostly of higher government spending on infrastructure projects. The government plans to finance some of its expenditure by borrowing from domestic sources such as commercial banks. Currently the marginal propensity to consume (MPC) is 0. 65, partly reflecting consumers’ willingness to save given the uncertainty in the economy.
(i) What is the Keynesian prescription for a government that is managing an economy that is contracting and there is high unemployment? Mention one of the assumptions of Keynesian economics 5 marks
(ii) Draw a Keynesian cross showing the current equilibrium GDP at US$10,000m 5 marks
(iii) Calculate the Keynesian spending multiplier? 1 mark
(iv) Given the size of the multiplier and the size of the fiscal stimulus (higher government expenditure) what would be the actual change in gross domestic product? 2 marks
b) Draw a Keynesian cross showing the change in aggregate expenditure, the new equilibrium and the change in GDP as a result of the fiscal stimulus
10 marks
(ii) If the MPC is 0. 80 and the government wanted to grow the economy to US$12,000m how much would the government need to spend to reach its GDP target? 5 marks
2) Classical economists are not supporters of higher government spending to alleviate unemployment and a recession. They believe that prices such as wages and interest rates need to adjust.
(i) State one assumption of classical economists 1 mark
(ii) Classical economists believes that higher government spending financed by domestic borrowing leaves aggregate demand unchanged because of the ‘crowding out effect’. Explain what is the ‘crowding out effect’ and use it to explain how higher government spending financed by domestic borrowing leaves GDP unchanged.
5 marks
(ii) If higher government spending was financed by higher taxes why would aggregate demand still remain unchanged according to classical economists?
2 marks
(iii) Keynesian economists focus on the demand side of the economy while classical economist focus on the supply side and are not proponents of increasing aggregate demand to increase GDP. What sort of investments classical economists recommend that would trigger long run economic growth? 3 marks
The total cost of software M over time in this scenario is $8,100. It is essential to note that the cost of software can change over time due to factors such as upgrades, maintenance, and support, which can impact the total cost of ownership.
Software cost over time is an essential factor to consider when making a decision on purchasing software. The cost of software usually varies depending on factors such as the level of satisfaction, performance, and customer support. In this scenario, we will discuss the total cost of software M over time based on the given satisfaction level and cost per satisfaction category.
The total cost of software M over time can be calculated based on the satisfaction level and cost per satisfaction category. In this scenario, we have four satisfaction categories: 95%, 55%, 45%, and 5%. Each category has a different cost associated with it, as follows:
95% satisfaction: $0
55% satisfaction: $0
45% satisfaction: $18,000
5% satisfaction: $2,000
To calculate the total cost of software M over time, we need to consider the percentage of users in each satisfaction category and the cost associated with each category. For example, if 45% of users are satisfied with software X, which costs $18,000, and 55% of users are not satisfied with software M, which costs $0, we can calculate the total cost of software M over time as follows:
Total cost = (percentage of satisfied users x cost of satisfied users) + (percentage of unsatisfied users x cost of unsatisfied users)
Total cost = (45% x $18,000) + (55% x $0)
Total cost = $8,100 + $0
Total cost = $8,100
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a fixed-price contract is useful and appropriate when
the adjusting entry to record the amount of prepaid insurance used during the period requires a to insurance expense and a to prepaid expenses. (enter only one word per blank.)
The adjusting entry to record the amount of prepaid insurance used during the period requires a debit to insurance expense and a credit to prepaid expenses.
The adjusting entry to record the amount of prepaid insurance used during the period involves transferring a portion of the prepaid insurance from the balance sheet to the income statement. Prepaid insurance represents the advance payment made by a company for insurance coverage that extends beyond the current accounting period. As time passes and insurance coverage is consumed, the prepaid insurance is gradually recognized as an expense.
To make the adjusting entry, the insurance expense account is debited to recognize the portion of the prepaid insurance that has been used up during the period. This reflects the cost of insurance coverage that has expired and is applicable to the current period. On the other hand, the prepaid expenses account, specifically the prepaid insurance sub-account, is credited to reduce the remaining balance of prepaid insurance.
By recording this adjusting entry, the financial statements accurately reflect the expenses incurred during the period and the remaining value of prepaid insurance. This ensures that the income statement shows the appropriate expenses for the period, and the balance sheet reflects the correct value of prepaid insurance as an asset.
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what two factors influence an economic school of thought____
1.Historical context: Different economic schools of thought have emerged in response to different economic conditions and events throughout history.
What is economic ?Economic is the study of how people choose to use resources to produce goods and services, and how these goods and services are distributed among different people. It is a social science that studies the production, distribution, and consumption of goods and services. Economic analysis can help us understand how markets work, why prices change, and how economies grow or decline. It also helps us understand how individuals make decisions about their finances, such as saving or investing. Economic analysis can help governments make better decisions about taxation, spending, and other policies that affect economic growth.
2.Ideology: Different economic schools of thought are based on different philosophical and political beliefs about the role of government, markets, and individuals in the economy.
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Most of the money banks hold is tied up in ____ which can make it difficult to respond to the public's demand for cash in the event of a financial panic.
Most of the money banks hold is tied up in loans which can make it difficult to respond to the public's demand for cash in the event of a financial panic.
The lending capacity of a bank is limited by their customers deposits. So, in order to lend out more, a bank must secure new deposits by attracting more customers. Thus, without deposits, there would be no loans as deposits create loans.
So like this most of the money which banks hold is tied up in loans, this in turn makes it difficult for banks to give loans and respond to the public's demand for cash when in financial panic.
Hence, when most of the money banks hold is tied up in loans it creates difficulty.
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A fan base is, in most ways, quite similar to a customer base.
A. False
B. True
What Are the 4 Cs of Credit?
Although standards may vary from lender to lender, all lenders will consider the four main factors of capacity, capital, collateral, and credit when deciding whether or not to provide a loan.
How would you define credit?Credit is the trust that permits one party to lend money or assets to that other party, with the understanding that the second party will not immediately repay the first party but will instead repay it or return the resources at a later time. The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
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Which group is legally responsible for implementing
protection and controls that ensure your workplace
meets safety standards?
A. Employers
B. Unions
C. Employees
D. Government
Answer:
A
Explanation:
Answer:
It SHOULD be employers but i may be wrong... if i'm not CAN I PLES HAVE BRAINLYIEST
Explanation:
Also, if i'm right there is no need to thank me unless you want too
GMR industries entered the airport space in early 2000's and is today 1
counted amongst the top 5 airports, private airport developer and operators
globally. GMR industries presently owns and operates Delhi International
Airport and Hyderabad International Airport. Apart from being the largest
airport company in India, GMR industries are the only Indian Airport
developer to have developed and operated airports outside India.
Identify the types of industry and its category being discussed in the above
case?
Answer:
f
Explanation:swsw
While there is no specific number of comparables that is required for every appraisal assignment, how many comparable sales are considered adequate as long as the properties are very similar to the subject property?
A. One
B. Three
C. Five
D. Ten
While there is no specific number of comparable that is required for every appraisal assignment, a minimum of three comparable sales are considered adequate as long as the properties are very similar to the subject property.
Comparable sales are the sales of similar properties in the same neighborhood. The objective of comparable sales is to compare the characteristics and pricing of a property to those of recently sold similar properties within the same market area.The number of comparable sales required for an appraisal varies based on the scope of work and the circumstances of the property being appraised. As long as the properties being compared are very similar to the subject property, a minimum of three comparable sales are considered adequate.For instance, if the subject property is a three-bedroom house with a garage and a yard, the appraiser should look for comparable properties that have similar characteristics. The appraiser can find recently sold properties that match the subject property by researching the Multiple Listing Service (MLS). Once the appraiser has identified comparable properties, he or she will assess each one to see how it compares to the subject property. The appraiser will then analyze the market data to estimate the value of the subject property based on the sales of comparable properties.
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Which factor does NOT determine the price elasticity of demand?
the slope of the supply curve
the proportion of the budget spent on the item
the time available to adjust to price changes
the number of available substitutes
The factor that does NOT determine the price elasticity of demand is the slope of the supply curve.
The price elasticity of demand is determined by the responsiveness of the quantity demanded to changes in price, which is affected by factors such as the proportion of the budget spent on the item, the time available to adjust to price changes, and the number of available substitutes.
The proportion of the budget spent on the item is an important factor in determining the price elasticity of demand. When a larger proportion of the budget is spent on the item, the demand tends to be more elastic, meaning that consumers are more likely to adjust their consumption in response to changes in price.
Additionally, the time available to adjust to price changes also affects the price elasticity of demand. When consumers have more time to adjust to price changes, the demand tends to be more elastic.
Finally, the number of available substitutes is also a key factor in determining the price elasticity of demand.
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firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition. (true or false)
The given statement ''firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition.'' is true.
What do you mean by business firm?A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership.A company, such as a corporation, is a business organisation that manufactures and sells products and services with the intention of generating income and turning a profit.A business firm is either a partnership or a Sole proprietorship. It may be owned by a person or a business (e.g. Pte Ltd). Being a "legal person," a company is able to establish and own a business entity. A business firm cannot register another business firm since it is not a legal entity.
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National networks is an emerging provider of cable television services. is currently working to identify best practices among its competitors through the process of ______.
financial analysis
auditing
benchmarking
staffing
empirical analysis
National Networks is an emerging provider of cable television services. is currently working to identify best practices among its competitors through the process of benchmarking.
National Networks, as an emerging provider of cable television services, is actively engaged in identifying best practices among its competitors. This process involves various strategies and techniques to gather information and gain insights into industry standards and successful practices. One approach that National networks can employ is benchmarking.
Benchmarking is a systematic process of comparing one's own performance, practices, and outcomes against those of industry leaders or competitors. It allows organizations to identify areas for improvement and learn from the best practices of others. By benchmarking against its competitors, National networks can gain valuable knowledge about successful strategies and tactics employed by established players in the cable television services sector.
Through benchmarking, National networks can analyze various aspects of their competitors' operations, such as customer service, pricing models, channel lineups, content offerings, and technological advancements. This analysis can provide valuable insights into industry trends, customer preferences, and emerging opportunities for growth.
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Henry recently set up a retail store in his hometown. He studied the pattern that other storeowners followed in obtaining new customers. All their current customers had referred the store to their friends and family. Their awareness basically spread through word-of-mouth. Henry knew that his store offered the same quality as the other stores did. His store was also on the same street as the other retail stores. Given the setting, the other storeowners were already charging their customers the bare minimum in order to remain competitive. Which P of marketing should Henry concentrate on to distinguish his retail store?
Answer :
Promotion is the P of marketing Henry may focus on to differentiate his retail shop.
Explanation :
In marketing, there are seven (7) P's that make up the marketing mix. The four (4) most important P's in the marketing mix are P-product, P-price, and P-place. P-promotion According to the text, Henry cannot utilize the first P, which stands for product, because he is aware that his store offers the same quality as the others.
Henry can't utilize the second P, Price, as a marketing technique since he knows that other business owners are already charging the bare minimum to stay competitive. Henry can't utilize the third P, which stands for Place, because his business is on the same street as the other retail stores, and he can't improve on that. Henry's lone marketing tool for beating the competition is the fourth P, which stands for Promotion.
This is because word-of-mouth knowledge established by other business owners is insufficient to create widespread awareness; word-of-mouth can only reach friends and relatives. As a result, the P in marketing that Henry may use is Promotion. He may achieve this by creating global awareness through advertisements on television, radio, social media, printing handbills, and sales promotions such as lottery draws, festive sales, clearance discounts, and offering consumers bonuses such as the buy three, get one free promotion.
Why would it be better to be in a partnership?
Answer:
A partnership is easy and inexpensive to establish
the business benefits from pooled knowledge and skills of different partners
the workload is shared
more partners can be added,which could help increase capital
partnerships are not compelled by law to complete audits on financial statements
Explanation:
Answer:
Each partner will bring their own knowledge, skills, experience and contacts to the business, potentially giving it a better chance of success than any of the partners trading individually. Partners can share out tasks, with each specialising in areas they're best at and enjoy most.
Explanation:
I hope it helps
20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
the systematic liquidation of a sum of money is provided by a(n)
The systematic liquidation of a sum of money is provided by an annuity. An annuity refers to a financial product or contract that provides a series of periodic payments over a specified period.
An annuity commonly used to provide a steady income stream or to liquidate a sum of money systematically. When an individual or organization chooses to liquidate a sum of money through an annuity, they enter into an agreement with an insurance company or financial institution. The annuity contract specifies the payment amount, frequency (such as monthly, quarterly, or annually), and the duration of the payments.
The annuity payments can be structured in various ways. For example, a fixed annuity provides regular payments of a predetermined amount, while a variable annuity offers payments that fluctuate based on the performance of underlying investments. There are also immediate annuities, where payments begin immediately after the initial investment, and deferred annuities, where payments are postponed to a future date.
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DECA is a CTSO for:
A. Blue-collar Workers
B. Maintenance Workers
C. Fashion Students
D. Marketing Students
sunland company manufactures and sells solar chargers for $50 each. variable costs are $40 per unit, and fixed costs total $120000. how many solar chargers must sunland sell to earn a net income of $280000? select answer from the options below 52000. 7000. 23000. 40000.
Sunland needs to sell 40,000 solar chargers to earn a net income of $280,000. (option d).
Sunland sells their solar chargers for $50 each, and it costs them $40 to manufacture each unit. Additionally, the company has fixed costs (such as rent, salaries, and other expenses) that total $120,000. To calculate how many solar chargers Sunland needs to sell to earn a net income of $280,000, we need to use a formula.
The formula to calculate the required number of units to reach a certain net income is:
(units sold x price) - (units sold x variable cost) - fixed costs = net income
We know that the price of each solar charger is $50 and the variable cost is $40. Let's plug in the numbers we have:
(units sold x $50) - (units sold x $40) - $120,000 = $280,000
Simplifying the equation, we get:
$10 x units sold - $120,000 = $280,000
$10 x units sold = $400,000
units sold = $400,000 ÷ $10
units sold = 40,000
Therefore, the answer option that matches this is 40000.
So, the correct option is (d).
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YOOOOOOOOOOO just wanted to say
Answer:
wassup
Explanation:
All else being equal, which will cause the equilibrium interest rate to increase?
The equilibrium interest rate is determined by the interaction of supply and demand in the loanable funds market. If all else remains constant, there are several factors that can cause the equilibrium interest rate to increase:
1. Increased demand for loans: If there is an increase in the demand for loans, such as from businesses or individuals seeking to invest or make purchases, this can lead to an increase in the equilibrium interest rate.
2. Decreased supply of funds: If there is a decrease in the supply of loanable funds, such as from households saving less or banks lending less, this can also cause the equilibrium interest rate to increase.
3. Expansionary monetary policy: When the central bank implements expansionary monetary policy, such as lowering interest rates or increasing the money supply.
4. Inflation expectations: If individuals and businesses expect higher inflation in the future, they may demand higher interest rates to offset the anticipated loss in purchasing power.
5. Government borrowing: Increased government borrowing can crowd out private investment and lead to higher interest rates.
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Answer it please the question is in the pic T_T
Answer:
Economics:
Explanation:
Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing.
i hope this helped you
Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Which three areas of his Search campaign does Yuto need to adjust to achieve this goal? (Choose three.) Select All Correct Responses Location targeting Ad scheduling
Answer: Ad scheduling, location targeting and language targeting
Explanation:
These are the three things Yuto should consider for his souvenir store in Tokyo;
1) Ad scheduling: this would be described as having a program where Ads are carried out. This is arranging all Ads especially for various sector of product and for various days.
2) Location targeting; this is having an idea of your target market and maximizing meetings with them, ensuring that you are heard or seen by various means of communication.
3) Language targeting; this is trying to reach out to those who speak a particular language by speaking same language with them inorder to promote your product.