Answer: See explanation
Explanation:
The steps that Allison must take in order to obtain her mortgage loan originator license include the following:
Step 1. In order to get the license, Allison should be at least 18 years old.
Step 2. Allison should register with Nationwide Mortgage Licensing System and Registry after which she'll get an NMLS number.
Step 3. Allison would then have to finish the 20 hours pre-licensure education aftee which she must pass it by having a score of at least 75%.
Step 4. Allison would then go through a criminal background check if she scores at least 75% and get the credit report.
Answer:
Consider the following misperceptions model of the economy. AD: Y =600 + 10(M/P) SRAS: Y=Y +P - pe Okun's Law: (Y - Ý )/Y = - 2ệu - 4) Let 7 =750, ū=0.05, M =600, and pe =40. a. b. What is the price level? (2%) Suppose there is an unanticipated increase in the nominal money supply to 800. What is the short-run equilibrium level of output, the unemployment rate, and the price level? (3%) When price expectations adjust fully, what is the price level? (3%) C.
Explanation:
A) from SRAS : Y = 750+P-40
Y = 710+P
From AD: Y = 600+ 10*600/P
Y = 600 + 6000/P
So solving two eqn
710+P = 600+6000/P
110 + P = 6000/P
P* = 40
Y* = 150
b) now M = 800
So new AD :
Y = 600+8000/P
So, as Y = 710+P
So at eqm
710+P = 600+8000/P
110+P = 8000/P
P' = 50
Y' = 710+50 = 760
from Okun law
(760-750)/750 = -2(u - .05)
1/75 = -2u + .1
2u = .0867
u = .0433
c) when price expectations adjust,then
Y = Y_bar = 750 : potential GDP
SRAS shifts upwards
So from AD:
750=600+10*800/P
P = 800/15
= 53.33
<span>P= -1000,000 +5000q - 0.25q2
q= 30n + 0.01n2
n = 20
substituting for q in P
P= -100,000 + 5000(30n+0.01n^2) - 0.25(30n+0.01n^2)
dp/dn = 5000*30+2*0.01*5000 - 0.25*2(30n+0.001n^2)+30+2*0.01n
dp/dn = 0.005n^2 +85.02n+150030
substituting for n=20 and solving
dp/dn = 151,732</span>
Answer:
Variable costs per unit increase as a company produces more units of production.Total fixed cost is constant over all units of production.
Explanation:
there is positive relation between variable cost and production, increase in production will increase the cost and vise visa.
there is inverse relation between fix cost and production higher the production lower the fix cost will be apportioned per unit but the total cost will remain the same
Example :
Case-1 Case-2
Production 50000 100000
V.Cost 100 p.u 100 100
Fix Cost 100000 100000
total cost
Variable cost 5000000 10000000
Fix Cost 100000 100000
variable cost is increasing due to increase in production in both cases fix cost will remain the same because no matter how many products company produce fix will remain the same.
$15,400
Why:
Original cost is $22,000 and 30% of that is $6,600.
$22,000 - $6,600 = $15,400
