What is one way the government cannot influence income redistribution?

Answers

Answer 1

Answer: The correct answer for this question is this one: "Open Market Policy." One way the government cannot influence income redistribution is that they introduced this open market policy. Open Market Policy or Open Market Operation is an activity by a central bank to give (or take) liquidity in its currency to (or from) a bank or a group of banks.

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a common rule is that housing expenses plus other debt payments should not be more than 36% of your monthly income. Your monthly income is $4,300

Answers

36% of monthly income is $1548. (0.36*1548)
So the "housing expenses plus other debt payments" should not be more than $1548.

A legal obligation that involves repaying a debt is called a _____.A.liability
B.profit
C.property right

Answers

Answer;

-Liability

A legal obligation that involves repaying a debt is called a Liability.

Explanation;

-To be liable for something means to be legally responsible for something, as in he lost his case and was found liable for damages. A liability is a legal obligation, as in he denied any liability for the damage. A company’s liabilities are its debts, as in the business has liabilities of €2 million.

-A liability is an obligation and it is reported on a company's balance sheet. A common example of a liability is accounts payable. Accounts payable arise when a company purchases goods or services on credit from a supplier. When the company pays the supplier, the company's accounts payable is reduced.

A legal obligation that involves repaying a debt is called a LIABILITY.

You are liable to pay off all the debts you have incurred. Payment may be done through monetary compensation or physical performance.

In 1975, interest rates were 7.85 % and the rate of inflation was 12.3 % in the United States. What was the real interest rate in 1975? How would the purchasing power of your savings have changed over the year? (Note: Be careful not to round any intermediate steps less than six decimal places.) What was the real interest rate in 1975? Real rate of interest in 1975 was nothing%. (Round to two decimal places.)

Answers

Answer:

The correct answer is -3.963%.

Explanation:

According to the scenario, the given data are as follows:

Interest rate = 7.85%

Rate of inflation = 12.3%

So, we can calculate the real interest rate by using the following method:

Real interest rate =[ (1 + Interest rate) ÷ ( 1 + inflation rate) ] - 1

By putting the value, we get,

Real interest rate =[ (1 + 0.0785) ÷ ( 1 + 0.123) ] - 1

= -3.963%

So, the purchasing power of your savings decreased by 3.963%.

What does Market Power mean?

Answers

Market power is the ability of a company or a firm/firm group to raise and maintain the price of a product. This also means that they need to maintain the price above the level that will be better than its competitors. This can also be called as monopoly power as well. However, it can lead towards loss of economic welfare as well.

Milo, a highly successful attorney, just received a $200 ticket for speeding. jim, an unemployed father of six, received a $50 fine for parking in a restricted area. milo considers his $200 ticket an inconvenience, but jim sees his $50 fine as a financial disaster. why do milo and jim feel so differently about their fines, even though milo's is four times greater than jim's?

Answers

You would assume that Milo has considerably more resources to pay his ticket as an attorney versus Jim who is unemployed.

The fine would be disproportionately heavy from Jim,

Assume that Jack, Hal, and Sophia enter into an agreement for the sale of the restaurant. Hal and Sophia get a loan from Fourth National Bank to pay for it. When their first payment is due, they get a letter from Bank of North America stating that they bought the loan from Fourth National Bank. Which of the following is true?

Answers

Answer:

Fourth National Bank made an assignment.

Explanation:

A standard form deed of assignment under which a lender (the assignor) assigns its rights relating to a facility agreement (also known as a loan agreement) to a new lender (the assignee). Only the assignor's rights under the facility agreement (such as to receive repayment of the loan and to receive interest) are assigned. The assignor will still have to perform any obligations it has under the facility agreement.

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Home inspector Maura was walking Thad through a property inspection. The frame house, on a slab foundation, had mulch piled up about 18 inches next to the house. Why was Maura noting this as a concern?

Advances in wireless communication technology reduce the non-financial costs of long commutes: People who ride trains can get work done, and people who drive cars have more entertainment options. Given this information, which of the following will be an effect on the geographic area of cities?