Which type of credit is usually used for cars, mortgages, and student loans? consumption credit installment credit secured credit cards service credit

Answers

Answer 1

Answer:

For Cars and Home mortgages usually we can see that Secured credit is used. But for Student LoansUnsecured credit is used.

What is secured credit and what is unsecured credit?

Secured Credit is when Credit is given by the Lender in exchange of valuable asset is given by the Colletral or the borrower.

Unsecured credit is when the credit is not guarenteed by the borrower or the colletral. In this there is no credit that has to be put , like any deposite, to get it aproved.

For more information on Credit refer:

brainly.com/question/2872411

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Answer 2

Answer: This looks like a trick question. Homes and Automobiles are Secured Credit, as the contract provides an avenue for remedy (if you don't pay they will take it back). However, Student Loans are unsecured credit. They will all be paid off in "installments" or payments. That's about all I got...

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The production of small consumer goods is referred to as?

Answers

The correct answer is : light Industry

Since a light industry only produce small consumer goods such as clothes, shoes, hand made dolls, etc, it usually less capital oriented than the heavy industries and more consumer oriented than business oriented

Kiddy Toys produced beautifully made stuffed animals that many customers wanted. However, the product was so expensive that most potential customers could not afford it. Which of the following applies to this scenario?Multiple Choicea. high efficiency and high effectiveness
b. high efficiency and low effectiveness
c. low efficiency and high effectiveness
d. low efficiency and low effectiveness

Answers

Answer:

The answer is: C) Low efficiency and high effectiveness.

Explanation:

The company Kiddy Toys made a great product (High effectivness) but they couldn´t produce it a reasonable cost, so it was very expensive to sell (Low efficiency). As a result they had a great toy that very few customers could afford to buy.

Sometimes a company is able to manufacture a great product, they had a terrific idea that lots of people will like and want. The problem is that if they can not manufacture that product at a low cost then they will never have high sales volumes. This is the very exact reason why most toys nowadays are created in the US but mass produced in China.

Keynes suggested that if _____ spend during a depression, they can revive a national economy.a. individuals
b. governments
c. businesses
d. employees

Answers

The answer is B. government

According to keyness , government spend could be a key in reviving national economy during depression, as long as it's used for something that increase people's overall wellness.

Such as : Health care, Helping the businesses to obtain cheaper raw material for productions, education, etc

One advantage of the lifo method is thatA.) an equal cost is assigned to each unit so net income doesn't fluctuate as much as with other methods
B.) flow of goods and flow of costs are the same
C.) it matches current selling prices and current costs
D.) ending inventory is valued at very old costs

Answers

the answer to the question is c

The answer to your question is letter C. It matches current selling prices and current costs.

Management generally resists allowing employees to manage their own workflow because it decreases their motiviation. True or false

Answers

Management generally resists allowing employees to manage their own work flow because it decreases their motivation. This sentence is true.

As a manager, you have the opportunity to lead, supervise, mentor and motivate others - and your ability to do so effectively makes a huge difference to your company's overall success.

On e2020 it's False. I just took the test.

The ability to produce a good or service at a lower opportunity cost than other producers is called

Answers

i don't' think i have the first word right but it should be called relative advantage

Answer:

D. A Comparative Advantage

Explanation:

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