1. an example of an unsecured debt is a(n) (1 point)
student loan
auto loan
mortgage
mobile home loan
2. unsecured debt interest rates are usually when compared to secured debt. (1 point)
higher
lower
the same as
unpredictable

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.