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Discuss that consumers who use credit should be aware of laws that are in place to protect them and that these include requirements to provide full disclosure of credit terms such as APR and fees, as well as protection against discrimination and abusive marketing or collection practices. Explain why it is important that consumers have full information about loans. Explain the information on a credit disclosure statement. ***Explain that consumers are entitled to a free copy of their credit report annually so that they can verify that no errors were made that might increase their cost of credit . Explain why it is important to check the accuracy of the information recorded on a credit report and know what steps to take to correct errors on credit reports.
Explain why do people often apply for a mortgage to purchase a home and identify a mortgage is a type of loan that is secured by real estate property as collateral.
which example of productive resources is matched correctly? a land and surgeon b capital and oil rig c labor and
Explain if an organisation that forecast future sales and develops a budget on the basis of these forecasts conducting marketing planning?
By specializing in the production of one good, a company is able to benefit from economies of scale which increases its revenue. Which of the following is an attribute of specialization?
Assume that the short-run cost and demand data given in the table above confront a monopolistic competitor selling a given product and engaged in a given amount of product promotion. Refer to the above table and information. If the firm sells 3 units..
What is the probability that it will take a worker less than 4 minutes to complete the task? c. What is the probability that it will take a worker between 6 and 10 minutes to complete the task?
Suppose that it is well known that many children work in low-skill jobs in poor country “X.” If rich country “Y” buys goods from poor country “X,” then the increase in demand for their products is large enough to raise the wages of all low-skill work..
The national minimum wage in the United States is currently $7.25 an hour. There are several arguments against the idea of minimum wage because it is supposed to harm those it is meant to aid. Use elasticity to explain/refute this idea.
Consider the market for insurance against car theft. Some people are more likely than others to have their car stolen. Because insurance companies have less information about this risk than their customers do, the market for car theft insurance suffe..
Consider a facility that has a 30-year life, a replacement cost of $2 million, and an interest rate of 5%. Calculate the annualization factor. Show your work/ calculations using the formula. To implement the project, a new equipment is purchased at $..
Illustrate what is Nurd's equilibrium evel of income. Illustrate what is likely to occur in the coming months if the government takes no action.
q1. exchange-rate adjustments please respond to the followingapply the marshall-lerner condition of the elasticity
Combined-cycle power plants use two combustion turbines to produce electricity. Heat from the first turbine’s exhaust is captured to heat water and produce steam sent to a second steam turbine that generates additional electricity. What is the simple..
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