BUSINESS HIGH SCHOOL

Why does an unsecured loan have a higher interest rate than a secured loan?Only one answer
A. The bank bears all the risk of the loan.
B. The bank charges more for poor credit scores.
C. The bank bases higher interest rates on market conditions.
D. The bank raises rates unfairly for unsecured loans.

Answers

Answer 1
Answer: ya, the answer is A.    the bank raises the interest because with a secured loan they would have something to fall back on if you didn't pay ur bills. and raise the price if its unsecured so they can try and make sure u pay it back as soon as u can
Answer 2
Answer: Why does an unsecured loan have a higher interest rate than a secured loan?

A. The bank bears all the risk of the loan.

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Trust and transparency are critical to successful and culturally competent research. In the research setting, establishing trust in diverse communities does NOT require: 1. Involving community members in decision-making and protocol design 2. Limiting public transparency and accountability 3. Promoting feelings of ownership within the community 4. Assuring appropriate ethics oversight
Which of the following is NOT a part of the free enterprise system?a. Private Property c. Freedom of Choiceb. Competition d. Government Regulation
Buying and selling in more than one market to make a riskless profit is calleda. profit maximization b. arbitrage c. international trading d. an efficient market
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Assume the market for extra-long twin mattresses is in equilibrium. There is a sudden decrease in income throughout the economy. If all else is held constant, we would expect that if extra-long twin mattresses are a(n) good, then the demand curve will shift to the causing the equilibrium price and quantity to inferior: left; fall normal; right; rise inferior; right: fall O normal; left: fall O normal; left: rise

Answers

When there is a sudden decrease in income throughout the economy, it will affect the demand for goods and services. If extra-long twin mattresses are an inferior good, it means that as income decreases, the demand for these mattresses will increase. The correct answer is: inferior; left; fall.

This will cause the demand curve to shift to the left, leading to a fall in the equilibrium price and quantity. This is because when the demand curve shifts to the left, it indicates a decrease in demand, which will cause a decrease in the price and quantity of the good in the market. Therefore, the correct answer is "inferior; left; fall."

For such more question on economy:

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Why did early farmers use slash-and-burn agriculture? A. to get rid of pests B. to get rid of old crops C. to keep the soil fertile D. to keep undergrowth from drying out the earth

Answers

C. To keep the soil fertile

the ashes somehow replenishes the soil thus providing nutrients for future crops. If they didn't do this, the soil would be depleted. They also rotated crops so that they didn't deplete the soil. 

Hopefully this helps.


According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of? A.APY B.Interest calculating method C.APR D.Annual fee amount

Answers

According to the truth in lending, Act bank is not obliged to inform about methods of calculating Interest, thus the correct answer is B.

What is a bank?

The bank is referred to as a financial institution that helps in depositing and borrowing funds with the purpose of investment and future saving. They help individuals to manage their wealth by offering various plans and schemes.

Truth in Lending Act safeguards from credit invoicing and unfair practices related to a credit card. it also provides information on loan costs to the lender. It encourages consumer to compare loans and credit cards from other companies.

Therefore, option B calculating the interest method is the appropriate answer.

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According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?

Answer: Out of all the options presented above the one that represents what banks are not obligated to inform you of is answer choice B) Interest calculating method. The reason being that the TILA does not tell financial institutions how much interest they may charge or whether they must grant a consumer a loan.

I hope it helps, Regards.

Which would you trade on a stock exchange?
A.)shares
B.)bonds
C.)annuities

Answers

Shares are traded on a stock exchange

You've begun a web search for imformation on several suppliers you're considering for your bissness. which of the following do you expect will have the most accessible imformation for your research a. a slove proprietorship

b. a local business

c. a publicly held company

d. a small family owned company

Answers

A: slove proprietorship

Answer: You've begun a Web search for information on several suppliers you're considering for your business. You would expect you will have the most accessible information for your research in a publicly in pblicly held company.

Explanation:

A bookstore costs $125 a day to keep open, and spends $16 for each book it sells. the store charges $22 for each book it sells. if n represents the number of books sold, which equation represents the revenue function for this bookstore?

Answers

Answer: n(22)

Revenue is referred to as sales from goods and services. It is calculated by multiplying the selling price of each unit by the total number of units sold. In the example, a bookstore that sells (n) number of books at $22 per book generates n(22) in sales revenue. 

The equation which represents the revenue function for the bookstore is:

R=n(22)

Answer:

Explanation:

16n + 125
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