Question

When the government spends more money than it takes in as revenue, it has _____.


Select the best answer from the choices provided.
a debt
a deficit
inflation
taxation

Answer 1

@JoannaBlackwelder

Answer 2

I that is called a deficit

Answer 3

*I think

Answer 4

its not taxation

Answer 5

The government would need to tax to keep from having a deficit.

Answer 6

okay im readying the information

Answer 7

reading

Answer 8

Ok :)

Answer 9

Sherry plans to sell her house within three years and then travel and work overseas. Which fact best indicates that the time to sell is now rather than after one or two years?


Select the best answer from the choices provided.
Inflation rates are falling.
The unemployment rate is at its highest in 15 years.
Prices and wages are rising.
Stock prices are at the lowest in 15 years

Answer 10

@JoannaBlackwelder

Answer 11

Hm, I don 't have a clue.

Answer 12

;(

Answer 13

Do you have any info on the subject?

Answer 14

i found the answer

Answer 15

Which of the following activities might be more beneficial when interest rates are falling?


Select the best answer from the choices provided.
lending money
buying a house
buying bonds
retiring

Answer 16

:)

Answer 17

@JoannaBlackwelder

Answer 18

Another function of the Fed is setting interest rate targets. When interest rates are low, money is typically easier to borrow, which can lead to economic booms.

Answer 19

lending money?

Answer 20

Looks like buying a house

Answer 21

good good buying a house

Answer 22

he actions of the Fed can dramatically impact how much it costs Sally to buy a home or car or to pay off credit card debt.

Answer 23

your fluttering smart

Answer 24

fluttering

Answer 25

you got the perfect answer

Answer 26

Haha, thanks. :)

Answer 27

Sherry plans to sell her house within three years and then travel and work overseas. Which fact best indicates that the time to sell is now rather than after one or two years?


Select the best answer from the choices provided.
Inflation rates are falling.
The unemployment rate is at its highest in 15 years.
Prices and wages are rising.
Stock prices are at the lowest in 15 years.

Answer 28

im solving this one

Answer 29

@JoannaBlackwelder

Answer 30

Sounds good. :D

Answer 31

prices and wages risiing? what you think

Answer 32

Makes sense to me

Answer 33

Assets like homes and factories tend to gain value as people have higher incomes and spend money more freely

Answer 34

Home loans also become more expensive during booms. Alternatively, sellers can benefit from price increases and turn substantial profits.

Answer 35

:)

Answer 36

help me mate

Answer 37

Can you start a new question? I don 't know what question you are talking about.

Answer 38

it could be Inflation rates are falling.

Answer 39

Which of the following activities might be more beneficial when interest rates are falling?


Select the best answer from the choices provided.
lending money
buying a house
buying bonds
retiring

Answer 40

@JoannaBlackwelder

Answer 41

I think we did this one before. Buying a house.

Answer 42

oh yes

Answer 43

inflation does not erode the value of _____.


Select the best answer from the choices provided.
savings accounts
municipal bonds
real estate
loans

Answer 44

saving?

Answer 45

I would think it would be real estate since inflation drives down the value of the dollar.

Answer 46

im looking more in to that

Answer 47

Sounds good. :)

Answer 48

By the way, I have to go soon. But. I'll be back later. Happy studies! :)

Answer 49

noooooooooooooooooo

Answer 50

Jim is considering going back to school for an additional degree if the job market is bad. Which of the following actions is consistent with Jim's plan?


Select the best answer from the choices provided.
The economy is in a recession, so Jim goes back to school.
The economy is expanding, so Jim goes back to school.
The economy is contracting, so Jim does not go back to school.
The economy is booming, so Jim goes back to school.

Answer 51

@JoannaBlackwelder

Answer 52

Aw, I have a few more minutes. I think that if the job market is bad it would be 1 or 3. Can you take it from there?

Answer 53

ok

Answer 54

The main difference between a traditional mortgage and an ARM is the _____.


Select the best answer from the choices provided.
higher down payment
changeable interest rate
lower costs to the homeowner
lack of homeowner's insurance

Answer 55

@JoannaBlackwelder

Answer 56

Hm, I've never heard of an ARM.

Answer 57

Adjustable-rate mortgages (ARMs) change their interest rates during the term of the mortgage depending on rate changes in the national economy. Because the rate can change, banks offer lower rates for ARMs. However, the danger for homeowners is that if the rate rises too much, monthly payments will get too expensive. Another new type of mortgage is an interest-only mortgage. For these mortgages, initial monthly payments seem low because they are only paying off the interest. Meanwhile, the principal stays the same. Eventually, payments include the principal and get more expensive. Over the term of the loan, interest-only loans cost more than other loans and do not get homeowners out of debt.

Answer 58

i believe is B what you think?

Answer 59

That's what it looks like to me. :)

Answer 60

Which event would definitely be more difficult for a homeowner than a renter?


Select the best answer from the choices provided.
A promotion requires moving to a different city.
A promotion requires traveling at least once a week.
A strike prevents garbage collection for a month.
Heating oil prices will rise after a year.

Answer 61

@JoannaBlackwelder

Answer 62

@zynell

Answer 63

@zynell

Answer 64

@JoannaBlackwelder

Answer 65

I think that moving would be harder for a homeowner since it would include selling a house or renting it to someone else.

Answer 66

yes you are right

Answer 67

:)

Answer 68

Leases typically do NOT include a policy _____.


Select the best answer from the choices provided.
requiring tenants to pay property taxes
prohibiting pets in an apartment
prohibiting subletting to other tenants
listing penalties for breaking the lease

Answer 69

@JoannaBlackwelder

Answer 70

Have you ever leased an apartment before?

Answer 71

i know this is a common sense question

Answer 72

the answer is A

Answer 73

That 's what I get.

Answer 74

Noam is moving to Iowa City for a new job. Which of the following factors is NOT important to Noam's decision whether to rent or own a house?


Select the best answer from the choices provided.
his personal and career plans for the next five years
the amount of money he has saved for a down payment
the amount of debt and obligations he already has
the profits his friends have made in the real estate market

Answer 75

@JoannaBlackwelder

Answer 76

His 5 year plans should be important, wouldn't you think?

Answer 77

i thought it would be D

Answer 78

his 5 year plans are important ..

Answer 79

That 's what I thought too. :)

Answer 80

okay!! Yes

Answer 81

Which of the following answers correctly defines the principal for a mortgage?


Select the best answer from the choices provided.
the sale price of the house
the interest paid on the mortgage
the length of the mortgage
the amount of money borrowed

Answer 82

@JoannaBlackwelder

Answer 83

http://www.ehow.com/facts_5898965_mortgage-principle_.html

Answer 84

Can you please open a new question? This one is crazy long. Thanks!