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Who coined the terms Micro Economics and Macro Economics?
Ranger Frisch coined these two terms in 1933.
The terms micro economics and macro economics were coined by?
Ragner Frisch.
How much would 125 invested at 8 percent interest compounded continuously be worth after 16 years?
Depends on how often the interest is compounded: formula = new worth=principle*(1+interest)**number of compounding terms 125*(1+0.08)**(12*16)=326,791,736.80 (monthly) 125*(1+0.08)**(4*16)=17219.89 (quarterly) 125*(1+0.08)**(2*16)=1467.14 (semi-annually) 125*(1+0.08)**(16)=428.24 (annually)
What is meant by negotiation in lc article 41a?
Negotiating is the process of getting the best terms once the other side starts to act on their interest.
Define globalisation in terms of economics?
Explain the role of an economist
What is meant by the the prime rate?
Prime rate is the term used by financial institutions for the rate of interest given to their customers with great ratings. It is often the lowest of the interest terms, and is the rate which banks use to lend funds to each other.
What is land in economics terms?
In economics, land comprises all naturally occurring resources whose supply is inherently fixed
Who provides cash advance on inheritance?
Inheritance Funding Company is a firm that provides cash advances on inheritances. There web site is http://www.inheritancefunding.com/. After a short registration period they can provide with your properly earned funds. Settlement loan or inheritance loan companies are also known as payday lenders. They are in the business of instant gratification at any cost. Settlement/inheritance loan companies make money by charging borrowers exorbitant interest, which is compounded, who are too impatient and can't wait to get hands on the funds. While these companies purport to be providing an important service, their only interest is profit. Before you borrow on these terms, do the math. It is quite easy to pay more than 300% interest in six month. Because the interested in compounded and because most American's are not savvy with regard to money, lending, economics, interest, credit, etc., they willingly sign anything. If there are delays in the disbursement of the funds, which is par for the course, a good bit of
What is meant by histerisis?
what is meant by histerisis in terms of Elctrical Machines?
In time management terms what is meant by this ain't n piano?
In time management terms what is meant by this ain't no piano
Who coined micro and macro economics?
Ragnar Frisch, Norwegian Economist, coined the terms 'micro' and 'macro' economics for the first time. He was the first Economics Nobel prize winner in 1969.
Smaller Interest Rates Aren't Always The Best?
The interest rate is one of the things that most people don't quite comprehend when it comes to auto loans. Most people don't realize this, for example, but a lower interest rate doesn't always mean that you will end up paying less overall interest on an auto loan. The important thing to understand about the interest rate is that it is compounded over time. The part of the loan that you have not yet paid back still continues to earn interest for the lender. How can a lower interest auto loan actually end up costing your more in interest than a loan with a comparatively higher interest rate? The term of the loan. The longer it takes you to pay off the loan, the more the interest is compounded over the years, meaning that a small interest rate can build up a great deal over time. It is for this reason that it is important to compare not only interest rates, but monthly payments and terms. Your monthly payment and the total cost of the loan are the two most important factors. The interest rate is only one variable in determining these values.
