Which of the following examples could be used to determine the net interest for a household?
a. $800 (interest paid on home mortgage) multiplied by $200 (interest paid on car loan)
b. $100 (interest received from saving account) divided by $800 (interest paid on home
mortgage)
c. $800 (interest paid on home mortgage) plus $200 (interest paid on car loan)
d. $100 (interest received from saving account) minus $800 (interest paid on home
mortgage)
d. $100 (interest received from saving account) minus $800 (interest paid on home
mortgage)
You might also like to view...
As the marginal propensity to consume (MPC) increases, the spending multiplier:
a. increases. b. decreases. c. remains constant. d. becomes undefinable.
If Tesla is thinking about building a new factory, it is making a
A. Long-run decision that may enhance its profit. B. Short-run decision that will definitely enhance its profit. C. Short-run decision that may enhance its profit. D. Long-run decision that will definitely enhance its profit.
The net loss from trade diversion for a country is likely to be smaller if
A. the good can be produced at relatively lower cost in the bloc-partners than in the outside world. B. the bloc partner's export price is closer to the tariff-inclusive price for imports from countries outside the bloc. C. the county's import demand is more elastic. D. the country's tariff rate on the product is higher.
Summarize the four supply factors in economic growth
Please provide the best answer for the statement.