What is a personal financial statement?

Answers

Answer 1

Answer: A report sketching out an individual's monetary position at a certain period of time.

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Recently, the price of gasoline dropped to just under $3.50/gallon. Economic analysts currently are focusing on questions concerning the likely impacts of this price decrease on the demand for gasoline. The branch of economics that deals with these questions is called: (a) normative economics (b) positive economics (c) microeconomics (d) macroeconomics

Answers

Answer:

The correct answer is (b) positive economics.

Explanation:

The positive or descriptive economy seeks to explain how the economy works based on reality, that is, empirically. Therefore, try to explain what it was, what it is and what it will be, explaining the consequences of different economic phenomena.

In making a positive economy, economists are considered to act as scientists, moving their moral considerations away from the reality analyzed. Thus, they focus on explaining the cause-effect relationships between facts and economic variables objectively.

The positive economy starts from an economic phenomenon and seeks to find its cause (what was) and its consequences (what will be). This is about establishing a chain of cause-effect relationships between the different economic phenomena, so that the consequences on the reality of any change in the variables studied can be known.

Good that cost one half dollar in the U.S. cost one euro in Germany, the real exchange rate would be computed as how many German goods per U.S. goods?

Answers

Answer:

Real Exchange Rate computed as German goods per U.S. goods: 2

Explanation:

Cost in the US: 0.50 dollar

Cost in Germany: 1 euro

Real Exchange Rate: German Goods / U.S. Goods

Real Exchange Rate: 1 / 0.50 = 2

The real exchange rate measures the price of foreign goods relative to the price of domestic goods.

What is the collection of direct, non-advertising messages a company presents to the public about itself, its brand, and its products?a. Sales promotions
b. Market research
c. Direct marketing
d. Public relations

Answers

Collection of direct, non-advertising messages a company presents to the public about itself, its brand , and its products is called PUBLIC RELATIONS

The main purpose of a public relations is to spread information from internal source (the company) to external sources , (including consumers, Government, or even business rivals)

Answer:

D. Public Relations

Ricardo wants to buy a new tablet that costs $1,150. he will make a down payment of $250 and will make monthly payments of $50. write an equation in slope-intercept form that ricardo can use to determine how much he will own after n months.

Answers

y=50x+250 is the original. Substitute the words from the word problem, and you have 1150=50n+250. I even solved for you, in case you wanted to know.

Final answer:

To determine how much Ricardo will owe after n months, we must account for his down payment and his monthly payments on the tablet. Subtracting the down payment from the total cost, we start with an initial debt of $900. Then, through monthly payments of $50, this debt is decreased, resulting in the equation: y = -50n + 900.

Explanation:

The subject matter is looking for an equation in slope-intercept form to determine how much Ricardo will still owe after making a down payment and monthly payments for n months on a tablet. You first should subtract the down payment from the overall cost of the tablet to understand the total amount Ricardo will owe after making the down payment. Given the tablet costs $1,150 and Ricardo's down payment is $250, his initial debt (y-intercept) is $1150 - $250 = $900.

After that, Ricardo will start making monthly payments. These payments represent a monthly decrease in the amount he owes, so they are represented by a negative slope. Since he'll be paying $50 each month, the equation to find the principal balance remaining (y) after 'n' months would be: y = -50n + 900.

Learn more about Slope-Intercept Form Equation here:

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Can cathy withdraw money from her ira savings account

Answers

we would be able to answer that but we don't have enough information to

True or false? West African coastal countries have borrowed money from the World Bank and the International Monetary Fund.

Answers

True, West African countries borrowed money fro the World Bank and the International Monetary Fund. West African countries are developing economies which similar to other developing economies in Africa and the rest of the world have taken loans and development funds from the IMF and the World Bank.

True, West African coastal countries have indeed borrowed money from the World Bank and the International Monetary Fund.

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