HRS - Ask. Learn. Share Knowledge. Logo

In Business / College | 2025-08-21

Which of the following correctly explains how the concept of demand affects the change in use of credit? Select the two correct answers.

A. High interest rates yield low demand for credit.
B. Low interest rates yield high demand for credit.
C. High interest rates yield high demand for credit.
D. Low interest rates yield low demand for credit.
E. Both low and high interest rates yield low demand for credit because consumers see it as an indicator that the market is not in equilibrium. Demand is highest when rates are neither too high nor too low.

Asked by ella7252929191928

Answer (0)

No answers yet for this question.

Related Questions in Business

[Done] When the yield to maturity of a bond goes up, the price typically: A. is determined by market factors B. goes down C. does not change D. goes up

[Done] A type of life insurance policy that requires premiums only for a specified number of years or to a specific age is called a: A. term life policy B. limited pay policy C. key man insurance policy D. split dollar policy

[Done] A company is researching mining at four different land areas using different types of equipment. The table below shows the costs of land, equipment, mining, and reclamation for the four locations: | Locations | Cost of land | Cost of equipment | Cost of mining and reclamation | Time taken to mine the area | | --------- | ------------ | ----------------- | -------------------------------- | --------------------------- | | 1 | $100,000 | $10,000 | $5,000 per day | 30 days | | 2 | $35,000 | $6,000 | $4,500 per day | 45 days | | 3 | $30,000 | $7,500 | $3,500 per day | 120 days | | 4 | $40,500 | $8,000 | $7,000 per day | 65 days | Considering all costs, which location will cost the least for the company to mine? A. Location 1 B. Location 2 C. Location 3 D. Location 4

[Done] Internal-operational communications are messages that A. are circulated both inside and outside a business B. get an organization's work done C. are sent between competing organizations within the same industry D. employees send to discuss strictly personal matters

[Done] For three months after the training program, the sales director collected the sales data for the 200 sales representatives from the Midwest and Northeast regions. The director then broke down the number of sales orders for the representatives according to whether they received training or not. This data is shown in the table. \begin{tabular}{|l|c|c|}\hline \multicolumn{3}{|c|}{ Three Months' Sales Orders } \\ \hline & Training & No Training \\ \hline Midwest & 234 & 196 \\ \hline Northeast & 252 & 178 \\ \hline\end{tabular} Use the data shown in the table to complete each statement. Select the correct answer from each drop-down menu. For the Midwest region, the average number of sales orders per representative for the group that had training is [ ] more than the average number of sales per representative for the group that had no training. For the Northeast region, the average number of sales orders per representative for the group that had training is [ ] more than the average number of sales per representative for the group that had no training. The data from the sales director's study indicates that the one-month training program [ ] sales.