Answer:
d. Fall to $1.47
Explanation:
currently you will need $1,500 to purchase £1,000 and invest in British bonds. After 65 months you will have £1,040, which you should be able to convert into $1,544.40. If you invested in US bonds, you would have $1,530, so this arbitrage will yield $14.40.
But if instead the British pound fell to $1.47, then your profit would only be $28.80, less than if you invested in US bonds. You again would have £1,040 in 6 months, but that would only be equal to $1,528.80.
Answer:
Millennials
Explanation:
They are the highest group of people joining the workforce as they are just graduating high school/college. They also have that mindset. Hope this helps!
Answer:
D, floor that is binding
Explanation:
floor that is binding means that the government sets a required price that is at prive above equilibrium
Answer: Micropreneur
Explanation: In simple words, micropreneur refers to an individual who is willing to start a business at a very small level. Usually these individuals pursue their hobbies as their business so that they can gain some profit while living a balanced life style.
In the given case, Mandy is willing to start a business out of an art she is perfect in. Also she is going to start it at a very small level o that she can take care of her children at the same time.
Hence from the above we can conclude that Mandy is a micropreneur.
