Answer:
True
Explanation:
A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary.
Answer:
he would do so becaus the canadiens wer smugling syrup and it was making trhe price go yeet, so ppl who didnt sell at thaat price had to lower or go ot of business!1
Explanation:
<span>In this case, Sara will see the ramen as a good that is more elastic in demand than will Sean. This will mean that, as income drops for Sara, she will purchase less of the good than will Sean. Sean will end up purchasing less of the good if he has an increase in income.</span>
Answer:
1. 2006 Student
2. 4400 pesos left
Explanation:
If each student had $500 to spend and In 2002, the exchange rate of MXN/USD (Mexican pesos to U.S. dollars) was 9 and In 2006, the exchange rate was 11.
If the hotel room in Guadalajara cost 200 pesos per night in 2002 and 220 pesos in 2006 and each student spent five nights in a hotel, which student had more pesos left over:
Student A - 2002
Spent 5 nights x 200 pesos = 1000 pesos
Total pesos = $500 x 9 = 4500 pesos
Pesos left = 4500 - 1000 = 3500 pesos
Student B - 2006
Spent 5 nights x 220 pesos = 1100 pesos
Total pesos = $500 x 11 = 5500 pesos
Pesos left = 5500 - 1100 = 4400 pesos
