If a person is going to borrow $30,000 for a car and pay it off with a constant mortgage payment every month for 5 years, what do you know about their car payment (if the interest rate is positive)?
A. The payment is more than $500 per month.
B. Nothing.
C. The payment is exactly than $500 per month.
D. The payment is less than $500 per month.
Answer: A
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List all the influences on selling plans, and for each influence, say whether it changes supply
What will be an ideal response?
In response to the destructive bank panics of the Great Depression, Congress established ________ in 1934 to reduce the likelihood of asset deflation and bank failures
A) the Federal Reserve system B) banking reserve requirements C) fractional reserve banking D) the Federal Deposit Insurance Corporation
Let the production function be q = ALaKb. The function exhibits constant returns to scale if
A) a + b = 1. B) a + b > 1. C) a + b < 1. D) Cannot be determined with the information given.
Using data from Trade Adjustment Assistance claims, we can make an accurate estimate of:
a. the variety of products U.S. consumers import from Mexico. b. U.S. exports to Mexico that give Mexican consumers more product variety. c. the barriers to trade erected by affected firms. d. the unemployment caused by NAFTA.