Debt consolidation, or credit card consolidation, involves taking out a new loan to pay off multiple debts or credit card balances. ... Other advantages include having fewer payments to make each month, and less likelihood that you'll be late on payments.
The disadvantages are given below.
It won't solve financial problems on its own.There may be up-front costs. You may pay a higher rate. Missing payments will set you back even further.What are the risks of debt consolidation?The biggest risks associated with debt consolidation consist of credit score rating damage, costs, the capability to not get hold of low sufficient prices, and the opportunity of dropping any collateral you positioned up. another threat of debt consolidation is finishing up with greater debt than you begin with if you're now not cautious.
One in every of the biggest risks of debt consolidation is that it isn't always on hand for everybody. if you have poor credit, you'll probably no longer get approved for the loan. Even in case you do, you won't be getting the exceptional hobby charge if your credit score rating is underneath seven hundred.
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While legal experts recommend a felony caseload of no more than ________ per attorney per year, some attorneys represent upwards of 1,000 indigent defendants in any given year?
i think my answer is 150.. but i guess..
If you are trying to reduce the cost of college, what strategies is likely to save you the most money?
The strategies will save you the most money includes:
attending an in-state public universitypurchasing used booksliving in an off-campus apartmentWhat are saving strategy?These are strategy used to reduce the overall expenses that might be incurred.
Therefore, the decision to attend an in-state public university, purchase used books and live in an off-campus apartment will reduce the cost of college.
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Final answer:
To reduce the cost of college, start planning early, look into grants and scholarships, save money through prepaid tuition and 529 plans, and understand the economic factors influencing the opportunity cost of attending college. Financial planning and advocacy for affordable education are key strategies.
Explanation:
If you are trying to reduce the cost of college, adopting a strategic approach can lead to significant financial savings. An effective strategy to save money is to start planning early. Engage with school counselors and the college's financial aid office to explore grants and scholarships. Meeting application deadlines is crucial to take advantage of these financial aids. Additionally, saving money before college through methods such as prepaid tuition and education savings (529) plans can alleviate future financial stresses. When considering the affordability of college education, students can get involved by advocating for policies that aim to reduce tuition costs or by supporting initiatives that provide wider access to financial assistance.
Further, regarding economic factors such as a recession, it might be advantageous to pursue college if you are unemployed, as the opportunity cost is lower. In this scenario, you aren't sacrificing work hours and income, which could otherwise be a barrier to furthering your education. However, remember that obtaining higher education and saving money requires sacrifices and might involve living modestly to minimize expenses and debts.
Steph reads an anti-drinking ad in the student newspaper that states, "students at this school, on average, only drink three drinks per week." she typically drinks no alcoholic beverages per week, but after seeing the ad she starts consuming more because she is "below average." steph is exhibiting the
This an example of boomerang effect. Boomerang effect is an unintended consiquence when trying to pursuade someone.
Traditional savings account can you add to the balance regularly
Yes, you can add to the balance of a traditional savings account regularly. This practice, called regular savings, helps you build your savings over time and earn interest. The amount of interest you accrue depends on your bank's interest rate.
Explanation:Yes, with a traditional savings account, you are allowed to add to the balance regularly. This is actually a common practice referred to as regular savings. Regular savings involves depositing a consistent amount of money into your savings account on a routine basis, be that weekly, monthly, bi-monthly or any other interval. Doing so helps in building your savings over a period of time and also in accruing interest. The interest accrued will also depend on the interest rate offered by your bank or the financial institution where the account is held.
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Yes, you can add to the balance of a traditional savings account regularly. Traditional savings accounts are designed to accommodate periodic deposits and contributions. correct option is a.
These accounts provide a safe and straightforward way for individuals to save money over time. You can make deposits into your savings account as frequently as you like, whether it's through direct deposits from your paycheck, transfers from your checking account, or in-person deposits at your bank's branch. Adding to your savings balance regularly allows you to steadily build your savings and accrue interest on the growing sum, helping you achieve your financial goals and create a financial safety net. Keep in mind that while traditional savings accounts offer security and liquidity, the interest rates they offer may be relatively low compared to other investment options, so you may want to consider other investment vehicles for potentially higher returns on your savings.
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Complete question is:
Traditional savings account can you add to the balance regularly.
a. true
b. false
The price of good x has a pattern such that p = $3 on monday through thursday of every week, and p = $2 on fridays. if speculators begin participating in the market for good x, their actions will likely lead to a(n) ______________ in the price of good x on monday through thursday and a(n) _______________ in the price of good x on friday.
a. decrease; increase
b. decrease; decrease
c. increase; decrease
d. increase; increase
A. Decrease/increase
multi-tasking skills are important for which role, as they are often dealing with multiple issues at once in a business environment
A. designers
B. construction engineers
C. secretaries
The correct answer is choice C.
While nearly all jobs require the ability to multi-task, secretaries often do this more than other occupations. They are the first person that a customer or visitor sees when they enter an office, so they need to interact with each person and respond to each of their needs. They are often taking care of multiple problems and inquiries at one time.
Kendra worked in a library in missouri processing books and getting them ready for the shelves. her work was recently taken over by a firm in india. kendra is a victim of
This is an example of outsourcing, which is when domestic jobs are sent to countries overseas to take advantage of the lower costs.
When you take a multiple-choice test, you are relying on ________, a means of retrieving information out of your long-term memory storage system that helps you choose the correct answe?
You are relying on recognition. Having the multiple answer choices helps you narrow down the information stored in your long term memory.
Answer:
Recognition process
Explanation:
when you take a multiple-choice test, there are Cues attached to the test in the form of answer options and with this options available you don't necessary need to recall all the stored information in your memory but you can recognize which information is relevant to recall using the Cues provided and this process is called Recognition.
There are actually more ways to retrieve information from a long term memory and an example is the recall process. in this process you don't have a cue hence you will have to recall more than enough information form the memory storage. example of such is an essay question
If the federal reserve increases its bond purchases, the short-run effects will be
an increase in the money supply and lower real interest rates
Explain how motor vehicle production is a bulk-gaining industry ap human geo
A bulk gaining industry is one where the product gains weight or volume through the production process (the whole is greater than the sum of the parts). Due to logistical and transportation costs it is advantageous to produce bulk-gaining materials closer to where they are sold. This is why foreign car companies (Toyota, mazda, etc) have US-based production plants to save on these costs.
Motor vehicle production is a bulk-gaining industry in AP Human Geography, where the final product gains weight or volume during production. Factories need to be close to the market to reduce transportation costs. Example: adding various components to a car during assembly.
In AP Human Geography, motor vehicle production is considered a bulk-gaining industry. This means that the final product of the industry, in this case, motor vehicles, gains weight or volume during the production process. Each stage of the manufacturing process adds parts and components to the vehicle, increasing its size and weight.
For example, when a car is produced, the assembly line adds various parts such as the engine, transmission, seats, and body panels. These additional components make the final product weigh more than its individual parts combined. As a result, motor vehicle production often requires factories to be located close to the market where the vehicles will be sold. It reduces transportation costs as shipping a fully assembled vehicle long distances can be expensive due to the increased weight and volume.
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which is not a part of your budget?
a.) primary job gross income
b.) second job realized income
c.) fixed expenses
d.) discretionary expenses
The part not included in one's budget from the provided options is primary job gross income, hence option A is correct.
The item that is not a part of your budget in the options provided is primary job gross income. A budget typically includes realized income (what you actually bring home after taxes and deductions), fixed expenses (like rent or mortgage, which do not change from month to month), and discretionary expenses (money spent on non-essentials after all bills and necessities are paid).
Your primary job gross income is not part of your budget because it does not represent the money you have available to allocate within your budget; rather, it's the starting point before taxes and other deductions reduce that amount to your net or disposable income.
Larry is looking for ways to increase the number of different tasks that an employee performs without increasing task complexity. he should try job:
Answer:
Job rotation
Explanation:
Job rotation means moving employees from one job to another so that they are trained to do multiple roles. This way, the tasks of each job stay the same and employees learn these basic tasks for each job they try. An example is a grocery store where the greeter is cross-trained to be a cashier, to collect carts from the parking lot, and to unload boxes onto the shelves.
Answer:
Larry should try Job Rotation within his employees.
Explanation:
Managers or supervisors use the Job Rotation Strategy to switch employees between different departments to do different tasks. Job rotation is done for a short period of time. Through job rotation, employees gain experience and skills of the new tasks and learn new responsibilities. So if Larry wants to increase the number of different tasks that an employee performs without increasing the task complexity, he should try Job Rotation.
"does sms text messaging help or harm adults' knowledge of standard spelling?"
I’d say Harms, but then again I’d also say helps it’s a mix I guess
Mcmurtry corporation sells a product for $180 per unit. the product's current sales are 12,900 units and its break-even sales are 11,094 units. the margin of safety as a percentage of sales is closest to:
14%
Margin of Safety:
[(current sales - break even)/current sales] * 100
(12900-11094)/12900] *100
(1806/12900)*100
.14*100 = 14%
Margin of safety is 14% when calculated for McMurtry Corporation's product using the given sales data.
Margin of safety is calculated as the difference between actual sales and the breakeven sales, expressed as a percentage of actual sales. In this case, actual sales are 12,900 units and breakeven sales are 11,094 units.
To calculate the margin of safety percentage:
Margin of Safety = Actual Sales - Breakeven Sales
Margin of Safety Percentage = (Margin of Safety / Actual Sales) x 100%
Plugging in the numbers: Margin of Safety = 12,900 - 11,094 = 1,806 units. Margin of Safety Percentage = (1,806 / 12,900) x 100% = 14%
Explain why a city council meeting to discuss hiring more city employees must be open to the public, while a meeting to discuss firing an employee can be closed
Answer:
The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.
Explanation:
It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.
Answer:
Heres the sample response :D
Explanation:
Possible Answer: Answers will vary but students should realize that sunshine laws require the former meeting to be open because it involves general policies and decision making, while in the latter meeting the privacy rights of the employee might be involved.
Anna and Ken go to their bank for a home equity line of credit. What collateral can they use to obtain a secured loan?
They can use their ___ as collateral and use the money to ___.
1.
a) Car
b) Home
c) boat
d) savings account
2.
a) buy groceries
b) purchase household appliances
c) pay for emergency medical services
d) buy furniture
1) B home 2) pay for emergency medical services
Answer:
Home and pay for emergency medical services.
The three important functions of money are _____.
a. unit of account, facilitation of trade, and store of value
b. store of value, facilitation of trade, and double coincidence of wants
c. medium of exchange, unit of account, and store of value
d. medium of exchange, facilitation of trade, and unit of account
medium of exchange, unit of account, and store of value
Adam is looking for a job in marketing. he has had some offers and his prospects are promising, but he has not yet accepted a job. amanda lost her job working for mercury bicycles because many customers decided they prefer bicycles manufactured by ultimate bicycles instead. who is frictionally unemployed
In this example Adam is frictionally unemployed . Frictionally unemployed is also known as search unemployment. Search unemployment can occur when a person is looking for a better oppurtunity.
Amanda is frictionally unemployed. Frictional unemployment occurs as a result of workers looking for new jobs or moving from old positions to new ones. It is also known as "natural unemployment" because it is unrelated to the conditions that contribute to an underperforming economy.
Who is not counted as unemployed?The unemployment rate is the proportion of workers in the labor force who are unemployed but actively looking for work. This statistic excludes people who have not sought for a job in the last four weeks.
People who are considered unemployed when between jobs are referred to as experiencing frictional unemployment. When workers are between jobs, they are experiencing frictional unemployment. This sort of unemployment arises organically since workers are constantly leaving jobs and looking for new ones.
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Factor mobility aids in economic development when a region suffers a natural disaster such as an earthquake or tornado. a technological advance causes some firms to go out of business. there is an increase in both outsourcing and insourcing. all of the choices are correct.
All of these are correct
The majority of hourly workers at formatting unlimited are neither satisfied nor dissatisfied. what would herzberg recommend if your goal were to increase their level of satisfaction?
Increase the level of motivators, this would give workers what they need increasing satisfaction.
A new client wants to promote his 3 indian restaurants, in different areas of london, to people searching for places to eat. how might you organize his account?
Hello there!
Your answer would be "Create 1 campaign with an ad group for each restaurant location"
The reason why Create 1 campaign with an ad group for each restaurant location" is the correct answer because all of the three Indian restaurants would be counted as one whole business, but just split up into three different locations around London. This would necessarily need only one campaign. The advertisement the client would release would be different advertisements for different locations. This means that each location would have a different advertisement, but still part of the same campaign.
Restaurants are pretty much location based, meaning that campaigns should separate their campaign by locations.
Lets give you an example:
I could own a motorcycle dealership called Rob's Motorsports.
But then I could have different dealerships at different locations, but still following the Rob's Motorsports label.
I could have a dealer location in Los Angeles, Seattle, and New York.
In this case, the campaign would be "Rob's Motorsports" while the different ads would be separate for the different dealership locations.
Which of the following is a drawback of using profit sharing?A. It promotes individual goals rather than organizational goals.B. It promotes competition between work groups.C. It increases the probability of individual competition.D. It fails to make labor costs more variable.E. It runs the risk of contributing to employee dissatisfaction.
E because if you have one lazy person it will make everyone mad.
Profit sharing has drawbacks such as potential for employee dissatisfaction due to variability in business profits, prevalence of collective action problems and promotion of unhealthy competition between work groups.
Explanation:Profit sharing as a model of compensation has certain drawbacks. One of the key drawbacks is option E: It runs the risk of contributing to employee dissatisfaction. This is because while profit sharing can potentially boost employee motivation by linking their rewards directly to the performance of the business, it also exposes them to the risks associated with fluctuations in business profit, which can stem from factors beyond their control. For example, competition from firms with better or cheaper products can reduce a business's profits, leading to lower profit-shared payouts for the employees and potential dissatisfaction.
Moreover, profit sharing can lead to collective action problems. When individual motivations are contrary to the group's mutual interests, members might adopt strategies that yield individual gains but are detrimental to the organization's overall performance. To illustrate, an employee might put forth less effort in their work if they believe that their share of the profit will remain unaffected due to the efforts of their colleagues (a phenomenon known as free-riding).
Additionally, another drawback is implied in option B. It promotes competition between work groups, potentially leading to unhealthy rivalry and disrupting cooperative efforts.
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Both managers and workers cite low managerial ethics as a major cause of american
Competitive problems.
If there are not ethics standards in place that are followed by the company, it is hard for businesses to compete on a level playing field.
Making tax-deferred deposits into a retirement account means that the funds are
a. not taxed when deposited but taxed when withdrawn.
b. never taxed.
c. taxed both when deposited and when withdrawn but not while held in the account.
d. taxed when deposited but not taxed when withdrawn.
Suppose that the local sales tax rate is 3 % and you purchase a car for $ 13 comma 800.
a. how much tax is paid?
b. what is the car's total cost?
a. $414
.03* 13,800 = 414
b. $14,214
Car price + tax
13,800 + 414 = 14,214
Which of the following guarantees the deposits in almost all banks up to a $250,000 limit per account?a. the U.S. Treasuryb. the Federal Reservec. Bank of America Corporationd. the FDIC
FDIC Federal Deposit Insurance
Sales revenue less cost of goods sold is called
This is net profit, which is the revenue earned after costs are deducted.
Sales revenue less cost of goods sold is called Gross Profit. It reflects the efficiency of a company's use of its resources to produce and sell products. Sales revenue and cost of goods sold are two key factors in this calculation.
Explanation:Sales revenue less cost of goods sold is referred to as Gross Profit. To calculate Gross Profit, you subtract the cost of goods sold (COGS) from your total sales revenue. This metric shows how efficiently a company uses its resources to produce and sell products. For example, if a company sold $200,000 worth of products and the COGS was $150,000, the Gross Profit would be $50,000.
Sales revenue represents the total receipts from selling a company's goods or services. Cost of goods sold is the cost directly related to the production of the goods that have been sold, including material costs and direct labor costs.
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The upper-right number on a check that helps you keep track of checks written is called a(n) _____.
its' the Check Number – Each time you write a check, even for an electronic payment by phone, you should use the next available number in sequence and be sure to record the necessary information in your checkbook.
Ian has five years of managerial experience with a shopping center. However, he quit his job to attend to his ailing mother. He was without a job for six months. He now wants to apply for a job in a company. But first he must explain the six-month gap in his work experience. How do you think he can explain it to the employer?
A.
by mentioning the reason for the gap in the closing section of the resume
B.
by mentioning the reason for the gap in the heading section of the resume
C.
by mentioning the reason for the gap in the cover letter
D.
by mentioning the reason for the gap in the portfolio
The correct answer is choice C.
A gap in his work history for personal reasons is best addressed in the cover letter. He can easily address it by saying something similar to: “I am looking to return to the workforce after taking time off to care for an ill family member.”
Option C would be correct. By mentioning the reason for the gap in the Covering Letter.
A covering letter is a document, attached with the CV or Resumes, that describes the content of the attached documents. If anything needs to be mentioned by the Resume Holder, that should be there in the cover letter.
There is no need to write it down in the beginning or the ending of the Resume, or there is no need to mention the reason in the portfolio. Covering Letter is the best way to write about such problems.
Which of the following communication network structures has the highest centralization?
The wheel communication network structure is the most centralized.
The wheel structure consists of one or a small group of people who receive information and then spread it to the rest of a group. The other types are chain, where one person passes information on to the next on down the line and all-channel where everyone in the network has equal ability to communicate with everyone else in the group.
The wheel network structure is the most centralized, with a single central figure controlling information and decision-making, which allows speedy communication but can be inefficient for complex tasks. Decentralized structures like the circle allow for more equitable information sharing and collaboration, ideal for complexity but slower in communication.
The communication network structure that exhibits the highest level of centralization is the wheel network. In the wheel structure, there is typically a central figure who holds most of the authority and information, often playing the role of a leader or gatekeeper. This configuration is suited for situations requiring speed and efficiency because decisions and communication flow through one central point, reducing the time it takes for messages to diffuse through the network.
A classic example of a centralized structure is a military organization, where commands come from the top and are disseminated down the chain of command. Conversely, a decentralized network like the circle network allows for more collaborative environments, where information is shared more freely among members, fitting scenarios that require solving complex problems without the strain on a single central figure.
Organizational structures can impact the agility of a company's decision making and problem-solving capabilities, whether centralized like a wheel or decentralized like a circle. A flat organizational structure aims to combine some benefits of both by enabling direct lines of communication while trying to prevent the burden of a single decision-maker becoming overwhelmed with information processing responsibilities.