How is a line of credit similar to a credit card?a. Interest is charged only on the amount you actually borrow.
b. The interest rates are the same.
c. They both require co-signers.
d. Lenders don't check your credit score.

Answers

Answer 1
Answer: The right answer for the question that is being asked and shown above is that: "a. Interest is charged only on the amount you actually borrow."  a line of credit similar to a credit card is that a. Interest is charged only on the amount you actually borrow.
Answer 2
Answer:

Answer: a. Interest is charged only on the amount you actually borrow.

Explanation:

A line of credit (LOC) is known to be a certain amount of money agreed upon by a financial institution which enables an individual to borrow money. The borrower can only borrow the money up to the maximum amount agreed upon.

Credit card is a card issued by a financial institution to a card holder in order to pay for the goods and services purchased. The money is been paid back by the card holder with the interest rate and other charges at the stipulated time agreed upon.

Interest rate is the amount of money a lender or financial institution receives on the money borrowed to a borrower. Hence, interest is charged only on the amount a card holder borrows on a line of credit or credit card account.


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Which of the following best describes the relationship between factory owners in the North and people in the South during the late 1800s?a. Northern factory owners depended on the South for factory workers to produce goods.
b. Northern factory owners depended on resources supplied by Southerners to maintain production.
c. The South supplied large amounts of money Northern factory owners needed to expand production.
d. People in the South did not support Northern factory owners because the boom ...

Answers

The factory owners in the 1800s depended on the factory workers in the southern states for production of goods.

What is the significance of southern states?

A majority of the population in the southern states consisted of AfricanAmericans who were slaves. As a result, the factory owners in the northern states hired workers from southern states.

Hence, option A holds true regarding the workers of the southern states.

Learn more about southern states here:

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Answer: C. "The South supplied large amounts of money Northern factory owners needed to expand production."

Explanation:

Suppose that you receive a text message on your phone from one of your favorite online retailers about a 50 percent off sale for the next 24 hours. The company that sent you the text message is engaging in​ _____ marketing. A. green
B. annoyance
C. traditional
D. social media
E. mobile

Answers

Answer: Mobile Marketing.

Explanation:

The company that sent the text message is making use of mobile marketing to promote their products to consumers. Mobile Marketing involves marketers promoting their products to it's consumers, by targeting to reach the consumers through the various means of communication on their phones.

What does deficit spending require a government to do?

Answers

Answer:

B) TAKE ON DEPT

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Pollution from a factory that produces cleaners is a(n) _____ of the production process.

Answers

Pollution from a factory that produces cleaner is an externality of the production process . Externality refer to the negative effect that may arise or caused by company's operational activity, in this context, the production of cleaners caused pollution to the environment

In the theory of deregulation economics, cutting taxes allows people to save more money. Banks then loan that money to businesses, and businesses invest the money in resources to improve productivity. a. True b. False

Answers

true

this never works in practice though

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, will she have to pay the work-study compensation back? Why or why not?Select the best answer from the choices provided.
A. She will not have to repay the work-study compensation because that income is not a loan.
B. She will have to repay the work-study compensation if she attended an out-of-state college.
C. She will not have to repay the work-study compensation if her parents paid part of her college expenses.
D. She will have to repay the work-study compensation if she paid part of her college expenses from her savings.

Answers

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.

Thus the answer is letter A.
>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.
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