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If I make 40,000 a year and have assets of 100,000 and Liabilities of 20,000 what is my Net-Worth
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
Which is the least secure method of signing /endorsing a check.
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
A rising rate of inflation is most difficult for people who are
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
when the FED lowers the interest rate, it is trying to
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
The APR /interest rate of a loan is considered the
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
9. Most economists agree that the economy performs well when inflation is_______________. As a result, low inflation is a long-term goal of the Fed
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
Banks use savings account deposits to:
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
What is the formula for Net-Worth .
stimulate the economy by encouraging spending or borrowing
Give loans to consumers and businesses
Assets-Liabilities = Newtorth
living on fixed incomes
LOW AND STABLE
80,000
blank endorsement
True Cost of Credit
Check it!