How does a compound interest rate differ from a simple interest rate?
(1 point)
Responses
Compound interest rates pay more interest over time.
Compound interest rates pay more interest over time.
Compound interest rates are calculated only once a year.
Compound interest rates are calculated only once a year.
Compound interest rates are usually lower than simple interest rates.
Compound interest rates are usually lower than simple interest rates.
Compound interest rates apply to home mortgages only.
Compound interest rates apply to home mortgages only.
Remaining Attempts : 3
11 answers
Compound interest rates pay more interest over time.
Why do interest rates on home mortgages increase when demand for housing increases?
(1 point)
Responses
Banks look for ways to decrease incentives to buyers as much as possible when demand is high.
Banks look for ways to decrease incentives to buyers as much as possible when demand is high.
When the demand for mortgages increases, lenders can increase the cost of borrowing money.
When the demand for mortgages increases, lenders can increase the cost of borrowing money.
Interest rates on home mortgages do not move in response to consumers’ actions.
Interest rates on home mortgages do not move in response to consumers’ actions.
When demand is high, interest rates decrease on most goods and services, including houses.
(1 point)
Responses
Banks look for ways to decrease incentives to buyers as much as possible when demand is high.
Banks look for ways to decrease incentives to buyers as much as possible when demand is high.
When the demand for mortgages increases, lenders can increase the cost of borrowing money.
When the demand for mortgages increases, lenders can increase the cost of borrowing money.
Interest rates on home mortgages do not move in response to consumers’ actions.
Interest rates on home mortgages do not move in response to consumers’ actions.
When demand is high, interest rates decrease on most goods and services, including houses.
When the demand for mortgages increases, lenders can increase the cost of borrowing money.
Which job is likely to have the highest income?
(1 point)
Responses
a job that many people are willing to do
a job that many people are willing to do
a job that requires low productivity
a job that requires low productivity
a job that calls for highly specialized skills
a job that calls for highly specialized skills
a job that most people would be able to do
(1 point)
Responses
a job that many people are willing to do
a job that many people are willing to do
a job that requires low productivity
a job that requires low productivity
a job that calls for highly specialized skills
a job that calls for highly specialized skills
a job that most people would be able to do
a job that calls for highly specialized skills
Jill is interested in starting a new business, but she wonders if she would be good at it. She takes a personality test to try to understand her strengths and weaknesses as an entrepreneur. One of the questions asks whether she is able to identify goals and work toward them or if she waits for someone else to tell her what to do.
Question
Use the passage to answer the question.
Which characteristic of entrepreneurs is the question testing?
(1 point)
Responses
self-correction
self-correction
endurance
endurance
patience
patience
self-motivation
Question
Use the passage to answer the question.
Which characteristic of entrepreneurs is the question testing?
(1 point)
Responses
self-correction
self-correction
endurance
endurance
patience
patience
self-motivation
self-motivation
Training employees in new software is an example of what method of improving productivity?
(1 point)
Responses
growing human capital
growing human capital
growing physical capital
growing physical capital
growing service capital
growing service capital
growing domestic capital
(1 point)
Responses
growing human capital
growing human capital
growing physical capital
growing physical capital
growing service capital
growing service capital
growing domestic capital
growing human capital
A circular flow diagram is shown.A center box is labeled A, with arrows pointing to and from the center box and the top and bottom boxes. The top box is labeled D, and the bottom box is labeled B. A box on the left is labeled C, and a box on the right is labeled Households. The outer boxes B, C, D, and Households are connected by curved lines in a circular shape.
Question
Use the image to answer the question.
Which label shows where business fits on a circular flow diagram?
(1 point)
Responses
label A
label A
label B
label B
label C
label C
label D
Question
Use the image to answer the question.
Which label shows where business fits on a circular flow diagram?
(1 point)
Responses
label A
label A
label B
label B
label C
label C
label D
label A