Consider the following components of the aggregate expenditure equilibrium model:
C=0.8 (Y-200) +150
planned 200
G-250
NX=100
Assume all model parameters are in billions of dollars.
a. What is the marginal propensity to consume in this economy?
b. What is the level of taxes in this economy? _____ billion
c. What is the equilibrium level of aggregate expenditure in this economy? _____billion
d. Suppose that planned investment decreases by $25 billion. What is the new equilibrium level of aggregate expenditure in this economy? _____ billion
e. When planned investment decreases by $25 billion, the equilibrium level of eggregate expenditure decreases by $ ____ billion in this economy the expenditure multiper is equal to ____
Answers
a. The marginal propensity to consume (MPC) is the coefficient of the income term (Y) in the consumption function. In this case, the consumption function is C = 0.8(Y - 200) + 150. The coefficient of Y is 0.8, so the MPC is 0.8.
b. The level of taxes (T) in the economy is not explicitly given in the information provided. Additional information is needed to determine the level of taxes.
c. The equilibrium level of aggregate expenditure is the sum of consumption (C), investment (I), government spending (G), and net exports (NX). From the given information:
C = 0.8(Y - 200) + 150
Planned investment (I) = 200
G = 250
NX = 100
Aggregate expenditure = C + I + G + NX
Substituting the values:
Aggregate expenditure = [0.8(Y - 200) + 150] + 200 + 250 + 100
d. If planned investment decreases by $25 billion, the new level of planned investment (I) would be 200 - 25 = 175 billion. To find the new equilibrium level of aggregate expenditure, we substitute this new value into the aggregate expenditure equation from part c:
Aggregate expenditure = [0.8(Y - 200) + 150] + 175 + 250 + 100
e. To determine the change in equilibrium level of aggregate expenditure, we compare the new equilibrium level (calculated in part d) with the initial equilibrium level (calculated in part c). The difference between the two levels represents the change in aggregate expenditure.
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Related Questions
dan is an experienced accounting professional who values conservative and practical decisions. what would be the best way to communicate with him? a. ask him about his weekend and tell him about yours for 30 minutes before the meeting. b. collaborate with him on numerous ideas during the meeting. c. send him an email with minimal information asking him to make a decision prior to the meeting. d. give him factual evidence during a meeting so he can make a recommendation
Answers
Give him factual evidence during a meeting so he can make a recommendation would be the best way to communicate with him.
Option D is correct.
Professional accountants:A professional who carries out accounting tasks like account analysis, auditing, or analyzing financial statements is referred to as an accountant. Accounting firms or large corporations' internal account departments employ accountants. Additionally, they may establish their own distinct practices.
What does a professional accountant do?Business professionals who are accountants help with corporate strategy, give advice, and help businesses cut costs, boost their bottom line, and reduce risks. In business, professional accountants represent the interests of the company's owners—i.e., shareholders in a public company—as board directors.
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Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
Answers
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
What is a trend in business
Answers
True or false: 1) Digital computers add only two binary numbers at a time: 2) The 1- complement of 1010 is 0101 . 3) In sign-magnitude format a "1' in the sign bit position indicates the number is negative.'
Answers
Answer more than 100 words:
1) False, digital computers are capable of adding more than two binary numbers at a time.2) True, the 1-complement of a binary number is obtained by changing all the 0's to 1's and all the 1's to 0's. 3) True, in sign-magnitude format, the leftmost bit represents the sign of the number.
1) False, digital computers are capable of adding more than two binary numbers at a time.
This is done by breaking the addition problem into smaller pieces and adding them together. Digital computers use a technique called "carry propagation" to add numbers together, which involves adding one bit at a time and carrying the remainder to the next bit.
2) True, the 1-complement of a binary number is obtained by changing all the 0's to 1's and all the 1's to 0's. In this case, the 1-complement of 1010 would be 0101.
3) True, in sign-magnitude format, the leftmost bit represents the sign of the number. A "0" in the sign bit position indicates a positive number, and a "1" indicates a negative number. Therefore, a "1" in the sign bit position indicates the number is negative.
In conclusion, digital computers can add more than two binary numbers at a time, the 1-complement of a binary number can be obtained by flipping all the bits, and a "1" in the sign bit position of a sign-magnitude format indicates a negative number.
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true or false: standardized data will always match a company’s filing.
Answers
The correct answer is False: Standardized data will not always match a company's filing.
Standardized data refers to information that has been processed and organized in a consistent format, allowing for easy comparison and analysis. This process involves transforming raw data into a standardized structure, typically through the use of predefined rules and formats. While standardized data can greatly improve data integrity and accessibility, it does not guarantee a perfect match with a company's filing.
Companies may have unique reporting requirements, internal systems, or specific accounting practices that can result in variations between standardized data and their official filings. Factors such as timing differences, adjustments, or the inclusion of additional information in the filings can contribute to discrepancies.
Moreover, errors or omissions in the standardized data collection or transformation process can also lead to discrepancies. Data quality issues, inconsistencies in data sources, or limitations in the standardization methodology can all affect the accuracy of the standardized data compared to the company's filings.
While standardized data provides a structured and consistent format, it does not guarantee an exact match with a company's filing due to variations in reporting requirements, internal practices, potential errors, and data quality issues. It is essential to consider the context and purpose of the data analysis while understanding the potential limitations and discrepancies that may arise.
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What is a scenario in Excel 2016?
Answers
Answer:
In Excel, a scenario is a set of data inserted in the spreadsheet that is being used, which forms a variable that can be modified and, therefore, replaced in said spreadsheet together. Thus, for example, if cells A1: D4 contain data that is specific to an eventual particular situation that can occur in 3 different ways, there will be 3 scenarios containing data in that range of cells that can be modified, thus modifying the final results of spreadsheet.
Answer:
C. a set of input values that produce a result
Explanation: edg
Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.
Name:
Video #1
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #2
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #3
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Answers
PLEASE HELP TO ANYONE THAT CAN !!!!!!
Devise an original scenario that shows an economy in either contraction or expansion. Remember to use the appropriate economic indicators to allow a classmate to identify the phase your economy is in. Then supply a fiscal or monetary policy solution to the scenarios written by two classmates. Provide an explanation as to why your solution will fix this economy.
Answers
Scenario 1: Contraction
The economy is experiencing a contraction as indicated by a decrease in GDP growth rate, rising unemployment, and declining consumer spending.
How to address this scenarioTo address this, I propose a fiscal policy solution. The government should implement expansionary fiscal measures such as increasing government spending on infrastructure projects, providing tax cuts for businesses, and offering subsidies for job creation.
Scenario 2: Expansion
The economy is in an expansion phase, indicated by a high GDP growth rate, low unemployment, and robust consumer spending. To prevent overheating and maintain stability, a monetary policy solution is needed.
The central bank should implement contractionary monetary measures, such as raising interest rates and reducing the money supply.
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.WHAT ARE THE MERITS AND DEMERITS OF MNC
Answers
Explanation:
Merits1. it has created a competition through which large varieties of a single goods is available in the market.
2. for the home country, it has lessens the dependence on import and lead to economic development by providing new jobs opportunity .
Demerits1. in some host Nation, the appearance of MNC can regulate competition and main event create a monopoly .
2. workers in the MNCs are paid on an irregular bases and they are often laid off without any payment during the time of recession .
Jason, the newly appointed vice president of sales for Allied Lighting, had a tough decision to make. Mary, his regional sales director, had been consulting with him for the past two weeks on a large order that was to be installed in a new regional FEDEX shipping facility just outside Dallas, Texas. The order consisted of 900 LED lighting fixtures, each with a retail list price of $1,240. Mary was very excited about this order, as she knew that FEDEX had plans to construct at least twelve more such facilities in various cities across the U.S., and she believed that Allied’s lighting fixtures would be installed in all of those new facilities.
Jason was aware that the original order for the FEDEX facility in Dallas, Texas had been secured by Allied’s independent manufacturer’s representative in Memphis, Tennessee, where FEDEX’s corporate offices were located. However, Mary informed Jason that the facilities construction department at FEDEX’s corporate offices had just contacted the inside sales representatives at Allied and requested that Allied skip the "middle man" so that they could "buy direct" from Allied and receive better pricing on the lighting fixtures for the Dallas facility, as well as the other twelve facilities that they were planning to construct. To the surprise of Jason, Allied’s inside sales team approved the request from FEDEX and sent "direct wholesale pricing" (wholesale plus 5%) for the fixtures to FEDEX, eliminating Allied’s manufacturer’s representative in Memphis from the Dallas deal and potentially from the other twelve deals with FEDEX.
As Jason wondered how this had taken place without his approval, he worried that Allied may be in breach of its contractual obligations to Allied’s manufacturer’s representative in Memphis as a result of the action taken by his inside sales team. While none of Allied’s manufacturer’s representatives had "exclusive" contracts with Allied, Allied had informal agreements with its manufacturer’s reps that any orders they obtained for Allied products would be invoiced to the manufacturer’s rep at wholesale prices (retail price less 30%), and the manufacturer’s rep would then bill the customer the retail price for the products. However, Jason knew that selling directly to FEDEX would result in greater profits for Allied, and a deal like this would certainly help in reaching the annual sales and profits goals that he was responsible for. He also knew that not honoring the request of FEDEX to allow them to buy direct would likely result in Allied losing the FEDEX business.
1. Identify the choice options that Jason has in this situation? What are the potential ramifications of those choice options?
2. Based on the choice options you’ve identified, what would you recommend Jason do? Explain the reasons for your recommendation.
Answers
Jason, the newly appointed vice president of sales for Allied Lighting, is faced with a difficult decision regarding a large order for 900 LED lighting fixtures from FEDEX. The construction department at FEDEX has requested that they buy directly from Allied instead of going through the manufacturer's representative in Memphis.
While this would result in greater profits for Allied, it may also breach their contractual obligations to the manufacturer's representative and potentially jeopardize their relationship with them. Jason must weigh the potential ramifications of his decision and choose the best course of action.
Jason has several options in this situation. He could honor FEDEX's request and sell directly to them, potentially breaching Allied's contractual obligations to the manufacturer's representative and jeopardizing their relationship.
He could also refuse FEDEX's request and continue working with the manufacturer's representative, potentially losing the FEDEX business and falling short of his annual sales and profits goals.
Alternatively, Jason could try to negotiate a compromise with FEDEX that would allow them to buy directly from Allied without breaching their contractual obligations to the manufacturer's representative.
Based on the potential ramifications of the different options, it would be recommended that Jason negotiate a compromise with FEDEX that would allow them to buy directly from Allied without breaching their contractual obligations to the manufacturer's representative.
This would involve working with the manufacturer's representative to invoice them for the order at wholesale prices and then allowing them to bill FEDEX the retail price for the products.
While this may result in lower profits for Allied, it would allow them to maintain their relationship with the manufacturer's representative and potentially secure future business with them. It would also demonstrate Allied's commitment to ethical business practices and strengthen their reputation in the industry.
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how
has covid 19 affect sickle cell with hospital financial
strain
Answers
The financial strain caused by the COVID-19 pandemic has had an impact on the management and treatment of sickle cell disease in hospitals.
Hospitals have faced resource constraints, including limited staff, equipment, and funding, which can affect the quality and accessibility of care for individuals with sickle cell disease. This may lead to challenges in providing timely and comprehensive treatment, monitoring, and support services for patients with sickle cell disease, potentially impacting their overall health outcomes. The financial strain on hospitals has highlighted the need for continued investment and support in healthcare systems to ensure the provision of adequate care for individuals with chronic conditions like sickle cell disease.
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The federal government released a report that says drinking coffee will make you smarter, at the same time fewer Central American are growing coffee beans. How will this situation look graphically?
Answers
Answer:
graph 7
Explanation:
As a result of the government's decree, there would be an increase in the demand for coffee. This would lead to a rightward shift of the demand curve. As a result, equilibrium price and quantity increases.
If fewer Central American are growing coffee beans, there would be a decrease in the supply of coffee. This would lead to a leftward shift of the supply curve. As a result, equilibrium price increases and quantity decreases.
Taking these two effects together, equilibrium price increases and there is an indeterminate effect on quantity
20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
Answers
The system in which the country pegs its currency (e.g., Chinese yuan, Saudi Arabian riyal) at a fixed rate to a major currency or basket of currencies, while the exchange rate fluctuates within a narrow margin around a central rate is called a(n)
Answers
The system described above refers to the Fixed Exchange Rate System.
What is the fixed exchange rate system?The fixed exchange rate system is a term that refers to the exchange regime of a monetary unit whose value is adjusted according to the value of another reference currency such as the Dollar or the Euro.
According to the above, the currencies of different countries gain or lose value according to their change with respect to the reference currencies.
This system has become widespread in the world with the aim of facilitating trade and investment between countries with the reference currencies.
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Which document is also called as charter of the company
(i)
i MOA
Ú) Prospectus
Cij AO A
(W) Registration contificate
Answers
Answer:
a. Memorandum of Association
Explanation:
Memorandum of Association is the document also called the charter of the company. Memorandum of Association is the document created and formed during the registration and the formation of a limited liability company. Memorandum of Association defines the overall relationship with all the shareholders of the company and it is used to showcase the legal existence of a company.
scarcity exists because of
Answers
Scarcity refers to a resource's limited availability in comparison to the infinite wants. Scarcity exists because of unlimited wants and limited resources.
What is scarcity?Scarcity as an economic concept that refers to the fundamental fact of life that there exists only a finite amount of human and non-human resources that the best technical knowledge is capable of using to produce only a limited maximum amount of each economic good.
If scarcity did not exist and an infinite amount of every good could be produced or human desires could be fully satisfied.
Scarcity refers to a commodity's limited availability, which may be in demand in the market or by the common people. Scarcity arises due to the lack of resources in the economy and high consumption of these resources.
Therefore, due to unlimited wants and limited resources available to satisfy those wants, scarcity exists.
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The problem of dilution never arises with call options, but it can arise with warrants.(True/False)
Answers
False. The problem of dilution can arise with both call options and warrants. Dilution occurs when a company issues additional shares of stock, which can decrease the value of existing shares and dilute the ownership stake of current shareholders.
When call options are exercised, new shares of stock are issued, which can result in dilution. Similarly, when warrants are exercised, new shares of stock are issued, which can also result in dilution. The difference between call options and warrants is that warrants are typically issued by the company itself, while call options are traded among investors. This means that the company has more control over the terms of the warrants and can potentially structure them in a way that could lead to greater dilution for existing shareholders. We can say that dilution is a critical issue for investors as it can impact the value of their investment. It is important for investors to carefully consider the terms of any investment instrument, including call options and warrants, to understand the potential risks associated with dilution.
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an increase in gross domestic product (gdp) is a sign that a country’s economy is___ a) declining. b) stagnant. c) growing.
Answers
Option C. growing. Gross Domestic Product (GDP) measures the final value of goods and services produced in a country within a given time frame.
In other words, GDP is used as a measure of economic growth or progress.GDP is the total value of goods and services produced in a country within a certain time frame. The higher the GDP, the stronger the economy of the country. It is a sign that the country's economy is growing.
In this context, an increase in gross domestic product (GDP) is an indicator that a country's economy is growing. Therefore, the economy is not declining or stagnant.
An increase in GDP refers to an increase in economic output. This means that the country is producing more goods and services compared to the previous year. A country that experiences a consistent increase in its GDP over a period of time is said to have an expanding economy.
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you are planning for your retirement in 4 years. you have $1,000,000 to invest today plus you will invest an additional $500,000 at the end of the year for the next 3 years. how much money will you have at retirement if your retirement savings earns 7% per year
Answers
I will have approx $3.03 million att my retirement.
We use the formula:
A=P(1+r/100)^n
where
A = future value
P = present value
r = rate of interest
n = time period.
A=1,000,000*(1.07)^4+500,000*(1.07)^3+500,000*(1.07)^2+500,000*(1.07)
=$3030767.51
=$3.03 M(Approx)
Retirement refers to the time of life when one chooses to permanently leave the workforce behind. The traditional retirement age is 65 in the United States and most other developed countries, many of which have some kind of national pension or benefits system in place to supplement retirees' incomes.
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ok
On May 16, 20X1, Safeway Company received a 90-day, 9 percent, $8,000 interest-bearing note from Black Company in settlement of
Black's past-due account. On June 30, Safeway discounted this note at Fargo Bank and Trust. The bank charged a discount rate of 14
percent. On August 14, Safeway received a notice that Black had paid the note and the interest on the due date.
Required:
Prepare the entries in general journal form to record these transactions.
Analyze:
Answers
On the balance sheet, Notes Receivable-Discounted would be presented as an asset with a value of $7,840.
What is a balance sheet?Generally, May 16:
Debit: Notes Receivable $8,000
Credit: Accounts Receivable $8,000
June 30:
Debit: Discount on Notes Receivable $160
Credit: Cash $7,840
Credit: Notes Receivable-Discounted $160
August 14:
Debit: Interest Receivable $120
Debit: Cash $7,960
Credit: Notes Receivable-Discounted $8,000
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if macroeconomic policy has been successful over time, it is likely that the economy has not seen:
Answers
If macroeconomic policy has been successful over time, it is likely that the economy has not seen major fluctuations or crises that could negatively impact overall economic growth and stability.
Effective macroeconomic policies can help to manage inflation, stabilize the currency, promote sustainable growth, and create jobs, all of which contribute to a healthy and thriving economy. However, it is important to note that macroeconomic policies can only go so far in influencing the overall state of the economy and other factors such as global economic conditions, natural disasters, and geopolitical events can still have a significant impact.
If macroeconomic policy has been successful over time, it is likely that the economy has not seen significant inflation, high unemployment, or stagnant economic growth. Effective macroeconomic policies help maintain a stable and thriving economy.
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What is the interest on a $4,500 note payable that is due in 3 months with a rate of 9%?
Answers
The interest on $4,500 note payable that is due in 3 months with rate of 9% is $101.25.
What is note payable?A note payable refers to a written agreement between a borrower and a lender that outlines the terms of a loan. It is a promise to pay back the borrowed amount along with any interest or fees within a specified time period. Note payable is a type of liability for the borrower, and it appears on the balance sheet as a current or long-term liability, depending on the repayment period. The repayment terms can vary, including interest-only payments, equal payments, or a lump-sum payment at maturity. Note payable is commonly used for short-term loans, such as bank loans, or for long-term loans, such as mortgages. It is important to carefully review and understand the terms of the note payable before agreeing to it, as failure to meet the repayment terms can result in serious consequences.
Principal = $4,500
Rate = 9% (or 0.09 as decimal)
Time = 3/12 (or 0.25 as decimal, since 3 months is quarter of year)
Interest = Principal x Rate x Time
Interest = $4,500 x 0.09 x 0.25
Interest = $101.25
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Question 10 of 10
What is one of the main benefits of using slide transitions?
Answers
Answer:
they have a timer function that can help your presentation stay on pace.
identify two other types of business organisation jameel lost his job
Answers
Answer:
When Jameel lost his job with a fruit and vegetable shop that closed downhe decided to open his own store. He had good contacts with suppliers.
They said they would give him one month’s credit before he paid for
supplies. Jameel had $5000 in savings to invest in the shop. He thought thiswould be sufficient to start the business. He is an independent man - he
never liked taking the manager’s orders in the food shop! He wanted to
operate his new business as a sole trader
Explanation: hope this helps if not i am sorry
Franchises and partnerships are two other types of business organisations jameel lost his job.
Franchises and partnerships are two distinct business models that involve collaboration between different entities. Franchising is a business arrangement where a franchisee licenses the right to use a well-established brand, business model, and support from a franchisor in exchange for fees and royalties.
This allows the franchisee to operate under an established brand with proven systems. Partnerships, on the other hand, involve two or more individuals or companies pooling their resources and expertise to run a business together, sharing profits and liabilities. Both models offer unique advantages, such as brand recognition in franchising and shared responsibilities in partnerships.
Therefore, Franchises and partnerships are two other types of business organisations jameel lost his job.
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Probably the full question is:
When Jameel lost his job with a fruit and vegetable shop that closed down he decided to open his own store. He had good contacts with suppliers. They said they would give him one month’s credit before he paid for supplies. Jameel had $5000 in savings to invest in the shop. He thought this would be sufficient to start the business. He is an independent man - he never liked taking the manager’s orders in the food shop! He wanted to operate his new business as a sole trader.
Identify two other types of business organisations jameel lost his job.
ford motor company announces that next month it will offer $3,000 rebates on new mustangs. as a result of this information, today's demand curve for mustangs
Answers
As a result of the announcement, the demand curve for mustangs will shift to the left.
What will be the effect of the announcement?The demand curve is a graph that shows the relationship between the price of a good and the quantity demanded of a good. The demand curve slopes downward. This indicates that there is a negative relationship between the price of a good and the quantity demanded of the good.
When Ford announces the rebate, people would prefer to buy their cars next month instead of today in order to take advantage of the rebate. As a result, the demand curve would shift to the left as a result of the decline in demand for Ford.
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Answer:
i have no clue what all of that is but i would just sick with ether ram 1500, ford mustang GT
Explanation:
your car insurance will not protect you if you break the law.
true or false
Answers
Answer: No.
Explanation: Your car insurance is for car purposes only. They can not help you if you break the law. Unless it is car related
Answer:
True
Explanation:
Because I'm right, get over it
Kristoffer needs to create cell names that match the column headings he has already created. Select the correct navigational path to set those names using the Create from Selection command. Click on the tab on the ribbon and look in the Defined Names gallery.
Answers
Answer:
formula
create from selection
top row
Explanation:
just took the question on edge
The correct navigational path to create cell names that match the column heading using the Create from Selection command is: Click on the Formula tab on the ribbon and look in the Defined Names gallery. Select the range of cells, including the row that includes the name you wish to use. Select Create from Selection. Select Top row and click OK.
What is a cell?Cells are the boxes that appear in an Excel worksheet's grid. On a worksheet, each cell is identified by its reference, the column letter and row number that intersect at the cell's location.
Instead of creating cell names one by one, "Create from Selection" tool can be used to create cell names from a selection. The tool is in the "Defined Names" group of the Formulas menu.
Therefore, the correct path for using the Create from Selection command is first to click on Formula tab and look in the Defined Names gallery. Then select the range of cells, including the row that includes the name wish to use. Select Create from Selection. Select Top row and click OK.
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which of the following are true of mortgages?a.a mortgage is a long-term loan secured by real estate.b.over 90 percent of mortgage loans finance residential home purchases.c.a borrower pays off the principal of mortgage on maturity.d.all of the above are true of mortgages.
Answers
A mortgage is a long-term loan secured by real estate, Over 90 percent of mortgage loans finance residential home purchases, and a borrower pays off the principal of the mortgage on maturity. So, the correct option is (d).
What's a mortgage?A mortgage is an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the plutocrat you've espoused plus interest. Mortgage loans are used to buy a home or to adopt plutocrats against the value of a home you formerly enjoyed.
The effects to look for in a mortgage
The size of the loan The interest rate and any associated points The ending costs of the loan, including the lender's, freights The Annual Chance Rate( APR) The type of interest rate and whether it can changeThe loan term, or how long you have to repay the loanTo know more about mortgages, visit:
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How education is medium to enhance the ability of human beings?
Answers
The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.
pls refer to photo thank you!
