Uyour car as
you do not pay the loan back, the cred
when a bank extends you
and pay it back later with interest.
3. the
monthly interest rates and the method they us
- (property used to secure a loan), and
we loan back, the creditor has the right to repossess your car.
_, it allows you to borrow money
require lenders to disclose the
rest rates and the method they use to calculate finance charges.
4. the kind of organization that maintains a record of your past borrowing
paying habits is a
ecord of your past borrowing and bil
uitors use your ability to repay debt and your history of borrowing and repa
ment to give you a
which is their evaluation of yo
credit worthiness.
6. when you pay your credit-card bills, you pay back not only the principal but
interest and fees, which together are called
paying off debt
you have a $3,000 balance on a credit card with an 18% apr, now you sud
come into a $3,000 windfall. should you pay off your debt or invest in the bor
stock market? examine the following chart, then answer the questions that i

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false