Which option would you recommend for maxim

Assignment Help Microeconomics

Reference no: EM133300605

Question: Maxim is a new graduate and has found his first job working in the marketing department of a retail company. He has come to see you about his credit card debt that he acquired while he was a student. Maxim is not very good with money and he admits that he spends without thinking about how he is going to pay for it. He would like to get his spending under control and fully pay back his debts over the next 3 years to ease the burden on his cash flow. He asks you about an unsecured line of credit or an instalment loan. Which option would you recommend for Maxim? Why?

Reference no: EM133300605

Questions Cloud

Explain the expected sign of each dummy variable : Explain the expected sign of each dummy variable.Explain what dummy variables are and how they can be used to account for seasonality

Discuss the top factors that improve and sustain a company : Based on the class discussion and the case analyses, discuss the top 3 factors that improve and sustain a company's competitiveness in the domestic and global

What is the optimal amount of effort for agent one : Given this compensation scheme, what is the (privately) optimal amount of effort for agent 1?What is agent 1's total income in the above situation?

Define the term demand and the determinants of demand : Define the term 'Demand'. Explain the determinants of demand with suitable examples

Which option would you recommend for maxim : Maxim is a new graduate and has found his first job working in the marketing department of a retail company.Which option would you recommend for Maxim?

Explain how international trade is based on comparative : Explain how international trade is based on comparative advantage analyze why a large country might not have a comparative advantage

IoT and artificial intelligence technologies : Self-driving cars are an example of IoT and artificial intelligence technologies. Block chain is suited for IoT networks because of its simplicity.

Association of computing machines : The Association of Computing Machines (ACM) is one of the oldest professional bodies in the ICT sector. The ACM's professional responsibilities.

Senior management attitude towards helpdesk : Explain what you could/would do to change the senior management's Attitude towards the HelpDesk. Explain how you could/would change Behaviour of your HD team.

User Account

All Pages