Indicate whether each of the following topic applies to Microeconomics or Macroeconomics: an examination of the incomes of Alawael School graduates Microeconomics Choose... Microeconomics Macroeconomics a study of the trend of pecan prices since the Second World War an empirical investigation of the general price level and unemployment rates since 2010 Choose... a case study of pricing and production in the textbook industry Choose...

Q: How does the credit card company calculate the interest payment?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: Why would someone choose a fixed rate loan over a variable rate loan?

A: In the field of economics, a loan is defined as the act of lending money or resources by one party…

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: describe something you can do to increase your savings for retirement.

A: Retirement: It is the point of time where someone stops working.

Q: Suppose that Ruby's employer offers a retirement plan. Ruby decides to invest $350 per month into…

A: A savings plan is a kind of insurance plan in which individuals can accumulate the funds that they…

Q: The advantage of a loan is that: its transaction costs are low. it can be tailored to the needs of…

A: Loan: A loan is a sum of money borrowed from a lender with the agreement that it will be repaid,…

Q: Explain the main structure of a proposal and discuss what kinds of content should be included. What…

A: A proposal is a written document that outlines a plan or an idea and seeks approval, funding, or…

Q: What is Retirement Savings in Canada and what is its importance?

A: Retirement savings in Canada refers to the money that individuals set aside during their working…

Q: If your receive $500 in simple interest on a loan that you made for $10,000 for 5 years, what was…

A: here we calculate the interest rate charged which are as follow-

Q: What will be the Savings given that income is $3200 and APS is 0.48

A: The data presented in the question above is:- Income = $3200 Average propensity to save = 0.48…

Q: Luis and his best friend Faith want to spend as much time as possible at the local amusement park…

A: The objective of the question is to find out how much Faith will owe Luis after they buy season…

Q: What are other ways to invest in Real estate? Are they long term or short term?

A: Real estate refers to land and any physical property or structures that are permanently attached to…

Q: Which factor would credit card companies most likely use to determine an applicant's…

A: Credit card companies offer credit to their customers in exchange of a interest rate.

Q: What does the interest rate you determine represent?

A: The interest is a specific percentage of the principal amount that is lent, borrowed, or deposited…

Q: What is the Deferred Savings Plan?

A: A  deferred savings plan is a plan  which allows the taxpayer to pay money in  the plan and  then…