Mary wants to take out a loan. suppose she can afford to make monthly payments of 100 dollars and the bank charges interest at an annual rate of 6 percent, compounded monthly. what is the maximum amount that mary could afford to borrow if the loan is to be paid off eventually?

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases. b. the equilibrium wage increases and the equilibrium quantity of labor decreases. c. the equilibrium wage decreases and the equilibrium quantity of labor increases. d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.