Credit card companies boost a market economy by allowing consumers to compete with each other for better deals save money and prepare for retirement buy items they don't have money for borrow money without interest
Answers
Answer: Credit card companies do play a role in a market economy by providing consumers with the ability to compete for better deals, save money, and borrow funds for purchases. However, it is important to note that credit card companies charge interest rates on borrowed funds, and excessive borrowing can lead to financial difficulties.
One way that credit cards allow consumers to compete with each other for better deals is through rewards programs. Consumers can earn cash back, points, or other rewards for using their credit cards for purchases. This creates competition among credit card users to find the best deals and maximize their rewards.
Credit cards also allow consumers to save money by offering 0% interest introductory rates for balance transfers or purchases. This can be beneficial for consumers who are trying to pay off debt or make a large purchase without having to pay interest fees. Additionally, credit cards often come with fraud protection and other benefits that can save consumers money in the long run.
In terms of retirement preparation, credit cards can be useful for building credit history, which is important when applying for loans, mortgages, and other financial products. Building a strong credit history can help consumers secure better interest rates and save money on interest fees over time.
However, it is important to use credit cards responsibly and not accumulate excessive debt. Credit cards charge interest rates on borrowed funds, which can lead to financial difficulties if consumers are not able to pay off their balances in full each month. Additionally, borrowing money to purchase items that one cannot afford can lead to financial stress and potential long-term debt problems.
In conclusion, credit card companies do play a role in a market economy by allowing consumers to compete for better deals, save money, and prepare for retirement. However, it is important for consumers to use credit cards responsibly and not accumulate excessive debt.
Explanation:
Related Questions
A graph (not shown) of the selling prices of homes in a certain city for the month of April reveals that the distribution is skewed to the left. Which of the following statements is the most reasonable conclusion about the selling prices based on the graph?
The mean is greater than the median.
The mean is greater than the median.
A
The median is the average of the first quartile and the third quartile.
The median is the average of the first quartile and the third quartile.
B
There are fewer selling prices between the first quartile and the median than there are between the median and the third quartile.
There are fewer selling prices between the first quartile and the median than there are between the median and the third quartile.
C
There are more selling prices that are less than the mean than selling prices that are greater than the mean.
There are more selling prices that are less than the mean than selling prices that are greater than the mean.
D
The value of maximum minus third quartile is less than the value of first quartile minus minimum.
Answers
Hope this helps ʕ•ᴥ•ʔ
a water tap fills a tank within 4 hours, at the bottom of the tank
there is a hole for empty. the tank takes one hour to be empty. If the tap and the hole
are turning on together, the tank is fully filled. how long will the tank take to be completely
empty?
(70 min, 80 min, 90 min, 100 min)
Answers
Answer:
90 mins i think. Sorry if wrong im not sure
Explanation:
Variantes Fonéticas léxicas
Answers
Answer:
Las variantes fonéticas léxicas son las diferentes pronunciaciones que una misma palabra puede tener según la región geográfica, el dialecto, el nivel socioeconómico, la educación y otros factores que influyen en la forma en que habla una persona.
Por ejemplo, en el español de España, la letra "s" se pronuncia de manera distinta a como se pronuncia en el español de América Latina. También existen diferencias en la pronunciación de palabras específicas, como "tomate", que en algunos lugares se pronuncia con énfasis en la última sílaba ("tomáte") y en otros lugares con énfasis en la penúltima sílaba ("tomahte").
Estas variantes fonéticas léxicas pueden generar confusiones y malentendidos entre hablantes de distintas regiones o con distintos niveles de educación. Por esta razón, es importante conocer y respetar las diferentes formas en que una misma palabra puede ser pronunciada en diferentes contextos culturales y lingüísticos
three differnet golfers played
Answers
Answer:
Rory: 42 strokes per 9 holes
Jordan: 79 strokes per 18 holes
Ricky: 123 strokes per 27 holes
Explanation:
Answer:
nope
Explanation:
because nopeeeeeeeeeeeeeee lol lol lol lol lol
Whos up for giving each other brainiest, I need to level up....
Answers
Answer:
I'm up to it because I also need brainliest
The average age of a breed of dog is 19. 5 years. If the distribution of their ages is normal and 20% of dogs are older than 22. 6 years, find the standard deviation
Answers
The standard deviation of the ages of this breed of dog is approximately 4.4 years.
To find the standard deviation, we can use the concept of z-scores and the cumulative distribution function (CDF) of a standard normal distribution. Let's denote the average age as μ (mu) and the standard deviation as σ (sigma).
Given that the average age of the breed is 19.5 years, we can set μ = 19.5. We are also given that 20% of the dogs are older than 22.6 years. Using the z-score formula, we can calculate the z-score corresponding to this percentile:
z = (x - μ) / σ
Where x is the given value (22.6 years) and z is the z-score. Rearranging the formula, we can solve for σ:
σ = (x - μ) / z
Plugging in the values, we have:
σ = (22.6 - 19.5) / z
To find the z-score corresponding to the 20th percentile, we can use the inverse CDF of the standard normal distribution. Using statistical software or a z-table, we find that the z-score corresponding to the 20th percentile is approximately -0.84.
Substituting the values, we get:
σ = (22.6 - 19.5) / -0.84 ≈ 3.7 / -0.84 ≈ -4.4
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The average age of a breed of dog \(= μ = 19.5\) yearsThe percentage of dogs that are older than 22.6 years = 20%Let's calculate the z-score of the given percentage\(:z = (x - μ) / σ20 = (22.6 - 19.5) / σσ = (22.6 - 19.5) / 0.84σ = 3.69 / 0.84σ = 4.39\) (approximately)
Therefore, the standard deviation is approximately 4.39 years.Explanation:Given, the average age of a breed of dog\(= μ = 19.5\)yearsThe percentage of dogs that are older than 22.6 years = 20%Let's calculate the z-score of the given percentage:z = (x - μ) / σ
Where\(,x = 22.6μ = 19.5σ =\)Standard deviationThen,\(20 = (22.6 - 19.5) / σσ = (22.6 - 19.5) / 0.84σ = 3.69 / 0.84σ = 4.39\)(approximately)Therefore, the standard deviation is approximately 4.39 years.
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if someone is having a seizure with loss of consciousness, one of the first things you should do is turn the person on her/his side.
Answers
If someone is having a seizure with loss of consciousness, one of the first things you should do is turn the person on her/his side then turn the person with his side if they are not awake and aware.
Given that if someone is having a seizure with loss of consciousness.
We are required to tell what we should do is turn the person on her/his side.
A seizure is basically a sudden, uncontrolled electrical disturbance in the brain. It can cause changes in our behavior, movements or feelings, and in levels of consciousness. If we have two or more seizures at least 24 hours apart that aren't brought on by an identifiable cause is generally considered to be epilepsy.
Hence if someone is having a seizure with loss of consciousness, one of the first things you should do is turn the person on her/his side then turn the person with his side if they are not awake and aware.
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a parallelogram has sides of length 50 cm and 75 cm, if the smaller angle measures 45 degrees what is the length of the shorter diagonal to the nearest cm
someone explain
Answers
The diagonal to the nearest parallelogram would be 11875.
What is parallelogram
The length of side is = 50 cm.
The length of other side is = 75 cm.
The measure of angle is = 45 degrees.
The diagonal would be = a2+ b2 + 2abcos (γ)
= (50 )2 + (75) 2 + 2* 50 *75* 2 Cos 45
= 2500 + 5625+ 3750
= 11875.
Therefore, The diagonal to the nearest parallelogram would be 11875.
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In the picture on study island
Answers
New discoveries show that scientists from any culture can make new discoveries and build on previous discoveries.
How to explain the informationThe events mentioned in the statement demonstrate the progress of scientific knowledge over time and how new discoveries are built on the foundations of previous work.
It highlights that scientific discoveries are not limited to a particular culture or time period and that scientists from different backgrounds can contribute to the advancement of knowledge. Therefore, option A is the correct answer. Options B, C, and D are incorrect and do not reflect the message conveyed by the statement.
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Last question
What is isotopes
Answers
Answer:isotopes is atom which has the same element with same number of proton but different number of nuetron
Explanation:hope this helpp
The photograph below shows a carved limestone head. The surface of this
limestone has changed over many years.
Which process made the surface of the limestone change over many years?
carving
polishing
melting
weathering
Name a substance in the air that made the surface of the limestone
change.
ASAP
Answers
Answer:
Weathering (I think)
Explanation:
don't know what else to add because you need a minimum of twenty words to answer
Transitions show us how __________ ___________ are __________ to one another.
Answers
Which of the following equations represents a
circle in the standard (x,y) coordinate plane which
has its center at (-5,6) and a radius of 3 units?
A. (x – 5)2 + (y – 6)2 = 9
B. (x – 5)2 + (y + 6)2 = 9
C. (x + 5)2 + (y – 6)2 = 9
D. (x – 5)2 + (y + 6)2 = 3
E. (x + 5)2 + (y – 6)2 = 3
Answers
Answer:
(x + 5)² + (y – 2)² = 3
Explanation:
Eddie is wondering which parts of the Sun-Earth-Moon system rotate. What should you tell Eddie? A. Only the Sun and Earth rotate. B. The Sun, Earth, and Moon rotate. C. Only the Earth rotates. D. Only the Moon rotates.
Answers
Answer:
b) the sun, earth&moon rotate
Explanation:
the sun rotates on its own axis once in about 27 days. the sun's equatorial rotates faster than its polar regions.
the earth rotates on its own axis for 24hrs.
the moon rotates around earth
This bird's feet are most adapted to A. climb high into the trees. B. run quickly across the ground. C. swim easily through the water. D. catch and kill prey.
Answers
Answer:
d
Explanation:
because they eat worms and small mammals
Some forestry professions work for logging companies
True or false
Answers
Answer:
true
Explanation:
Answer:
true
Explanation:
A fish tank is shaped like a rectangular prism. The area of the base of the fish tank is 6 1/8 square feet. The height of the fish tank is 3 1/2 feet.
Answers
Answer:
Volume of fish tank = 21 7/16 or 21.4375 cubic feet.
Explanation:
Given the following data;
Base area of tank = 6 1/8 square feet
Height of tank = 3 1/2 feet
Required:
To find the volume of the rectangular prism (fish tank);
Volume of rectangular prism = base area * height
Substituting into the formula, we have;
Volume of fish tank = 6 1/8 * 3 1/2
Volume of fish tank = 49/8 * 7/2
Volume of fish tank = 343/16
Volume of fish tank = 21 7/16 or 21.4375 cubic feet.
Earth used to have a relatively ____________ population of humans
Answers
An American Express retail survey found that 16% of U. S. Consumers used the internet to buy gifts during the holiday season. If 1,285 customers participate in the survey, What is the interval estimate of the population proportion of customers using the internet to buy gifts? Use 95% confidence
Answers
We are 95% confident that the true proportion of customers using the internet to buy gifts is between 15.84% and 16.16%.
How to explain the confidence intervalNumber of customers who used the internet to buy gifts n = 1285
Proportion of customers who used the internet to buy gifts p = 0.16
Confidence level = 0.05
Margin of error z = 1.96 (z-score for 95% confidence interval)
print("The interval estimate of the population proportion of customers using the internet to buy gifts is:", lower_bound, "to", upper_bound)
The interval estimate of the population proportion of customers using the internet to buy gifts is: 0.1584 to 0.1616
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GUYS HELP TSI
Which of the following is a solution to x2-5x-24=0
Answers
Answer:
8
Explanation:
x² - 5x - 24 = 0
Substituting 8 here,
64 - 40 - 24 = 0
Which satisfies the equation
When proving the Pythagorean Theorem, we use the given diagram. What is the area of all four triangles combined?
Answers
Answer:OPTION B) 2ab
Explanation:Side of larger square = (a + b) units
Side of smaller square = c units
To Find:
The area of all four triangles combined = ?
Solution:
a^2 + b^2 = c^2 (Pythagoras theorem) -(1)
The area of all four triangles combined = Area of larger square - Area of smaller square
The area of all four triangles combined = (a + b)^2 - c^2
The area of all four triangles combined = a^2 + b^2 + 2ab - (a^2 + b^2) {By (1)}
The area of all four triangles combined = a^2 + b^2 + 2ab - a^2 - b^2
The area of all four triangles combined = a^2 - a^2 + b^2 - b^2 + 2ab
Therefore, The area of all four triangles combined = 2ab sq. units
several people have expressed views in the dailies demanding for the scrapping of the anti-corruption agency in your country. write a letter to the editor of one of the national newspaper discussing at least three positive effects of the agency and suggest ways of improving its operations.
Answers
Answer:
Dear Editor,
I write in response to the recent conversations surrounding the scrapping of the anti-corruption agency in our country. While these views are certainly valid, I believe that the positive effects of the anti-corruption agency and its efforts in curbing state-sponsored corruption should not be overlooked.
Firstly, the anti-corruption agency has been instrumental in helping to increase transparency and accountability in government operations. By prosecuting corrupt public officials, the agency can serve as a deterrence to the misappropriation of funds and promote honesty in governance. Secondly, the agency also encourages citizens to promote higher standards of ethics and morality in public institutions. This helps to create a climate of trust and transparency between the government and its people. Lastly, the agency is an important tool in keeping public funds from being used illicitly. By reducing the scope of corruption in our country, the economy will benefit in the long run.
Despite these effects, the anti-corruption agency is not without its own shortcomings. To further its effectiveness, the agency should prioritize strengthening its investigative capacity and widening its mandate to properly review complaints against corrupt officials. Additionally, it should enhance punishments for misconduct, and review its current guidelines to ensure minimal procedural delays.
In conclusion, while there are some valid criticisms of the anti-corruption agency, its role in combating state-sponsored corruption, promoting accountability, and strengthening the economy cannot be discounted. I thus suggest looking into ways to improve the effectiveness of the agency through increased collaboration between its members, strengthening of investigative capabilities, and revising its guidelines.
Yours Sincerely,
[Your Name]
Explanation:
TRUE OR FALSE
1. Turn the revolving nosepiece until the LPO is in the place. 2.Lower down the body tube so that end of the objective is approximately 1cm above the stage 3. Position the clips so that then do not extend bevond the sides of the stage 4.Rotate the diaphragm until the smallest opening is in position 5.Let the mirror stand on its edge with the concave side facing the user to protect it form dust.
Answers
Why do you think Annamarie lied when she said the shoes looked nice
Answers
Answer:
i wish i could help but where's the story
Explanation:
When testing gas pumps for accuracy, fuel-quality enforcement specialists tested pumps and found that of them were not pumping accurately (within 3. 3 oz when 5 gal is pumped), and pumps were accurate. Use a 0. 01 significance level to test the claim of an industry representative that less than 20% of the pumps are inaccurate. Use the p-value method and use the normal distribution as an approximation to the binomial distribution.
Answers
The test statistic is 0.20.
The critical value is 0.2.
The p-value is 0.038.
Since the p-value is less than the alpha level of 0.01, we reject the null hypothesis and conclude that less than 20% of the pumps are inaccurate.
What is Hypothesis
Hypothesis is an educated guess or proposed explanation made on the basis of limited evidence as a starting point for further investigation. It is an important part of the scientific method, where a hypothesis is developed through the use of scientific inquiry and experimentation. A hypothesis is usually based on prior knowledge or observation and is tested to determine its validity. By testing a hypothesis, scientists can either reject or accept it, which in turn leads to the development of a theory. Hypotheses are essential in advancing scientific knowledge, as they lead to further research and help scientists to think critically about the world around them.
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Give me a song recommendation
*It doesn't matter what genre*
I like all kinds of music :)
Answers
Answer:
Kill Bill.
Explanation:
Which type of mortgage each person should choose?
Answers
The type of mortgage each person should choose are :
A government issued mortgage for options 1 and 3 A conventional mortgage for option 2 Advantages of Government issued mortgageGovernment issued mortgages are more lenient, giving the borrower fair conditions. Because as lower credit score borrowers can qualify for Government issued mortgage unlike conventional mortgages. Also government backed mortgages require a lesser down payments and are better used when financing a home acquisition.
Hence we can conclude that The type of mortgage each person should get are A government issued mortgage for options 1 and 3 and A conventional mortgage for option 2
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In ΔUVW, u = 1.7 inches, v = 6.5 inches and ∠W=90°. Find the length of w, to the nearest 10th of an inch.
Answers
Answer: To find the length of side W (w) in the given triangle, we can use the Pythagorean theorem since we know that ∠W is a right angle.
The Pythagorean theorem states that in a right triangle, the square of the hypotenuse (the side opposite the right angle) is equal to the sum of the squares of the other two sides.
So, we have:
w^2 = u^2 + v^2
Substituting the given values:
w^2 = (1.7 inches)^2 + (6.5 inches)^2
w^2 = 2.89 + 42.25
w^2 = 45.14
Taking the square root of both sides to isolate w:
w = √45.14
Calculating this square root, we find:
w ≈ 6.71 inches
Therefore, the length of side W (w) in the triangle ΔUVW is approximately 6.71 inches, rounded to the nearest tenth of an inch.
how do you make a benchmark fraction to show 3/6 is greater than 5/12?
Answers
Answer:
You can multiply 3/6 by 2/2 (because 2/2 is equal to one) to get 6/12
This allows for the denominators to be the same so then you can just compare the 2 fractions.
sonnet 130 lines 5-6 of the poem
Answers
Answer: Your welcome!
Explanation:
The lines 5 and 6 of Sonnet 130 read:
"I have seen roses damask'd, red and white,
But no such roses see I in her cheeks."
In these lines, the speaker is comparing his mistress to the beauty of roses, but noting that her beauty does not measure up. He has seen roses that are "damask'd" (variegated, with different colors), red and white, and he wishes that his mistress had similar beauty. However, he does not see any red or white in her cheeks, suggesting that she does not possess the same beauty as the roses.