Answer:
88.38
Explanation:
Given;
1 U.S. dollar = 122 Japanese yen
1 British pound = 2.25 Swiss francs
1 British pound = 1.63 U.S. dollars
Therefore,
2.25 Swiss francs = 1.63 U.S. dollars
1 US. dollar = 2.25/1.63 Swiss francs
1 US dollar = 1.38 Swiss francs
since
1 U.S. dollar = 122 Japanese yen then,
1.38 Swiss francs = 122 Japanese yen
1 Swiss francs = 122/1.38 Japanese yen
1 Swiss francs = 88.38 Japanese yen
1 Swiss franc can be used to purchase 88.38 Japanese yen.
Serial-position effect is the ability to recall items in the begining or the end of a list easier
Complete Question:
Akram owns a small farm.He employs 80 workers in the field and has recently hired a manager to help him manage the farm. The income of the business varies greatly during the year. The farm makes a small profit but Akram is ambitious. He wants to take over a neighbors farm and increase the range of crops he sells. He thinks that he needs long-term finance and plans to take out bank loan to pay for the takeover. He has already borrowed money to buy a new tractor. A friend has advised him to form a company and sell shares.
Requirement. Identity two types of short-term finance Akram could use when the farm income is low
Answer with its Explanation:
The two types of short term finances are as under:
- Merchant Cash Advance: It is also known as supplier payables but in fact it is actually an cash advance by supplier to promote its sales by allowing credit for a short term. It doesn't what level of profits the company is earning, the supplier always allow small period for payment of its goods.
- Invoice Financing: It helps the company borrow money from money lenders (mostly banks) against the debtors accounts. This is usually a short term loan with option to expand both time and money if the company has proven to growth and better credit control. The invoice finacing doesn't effect the borrowings in short term if the business profits are low because for qualifying for such loan the company must have better cash postion. Though higher profits might help in securing the short term loan by using invoice financing but cash generation is the key requirement here.
I believe the answer is: Capitalism
In capitalism, the economy is designed in a way to give as much freedom as it can to the private sectors in term of resource allocation and market competition. In this system, the government's role limited to maintaining regulation that prevent private organizations from cheating off one another.
Answer:
1. False 2. True
Explanation:
1. The candidate for political office announcing that the policy to reduce immigration from abroad which, he says, economics clearly demonstrates will lead to higher output in the long run; is false.
What increases output are the factors of production of which labor is a major component. When there are more people willing and able to work in an economy, <u>they help companies to produce more output but that is not the case when immigration is reduced, obviously that would reduce productivity and output.</u>
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2. However his second claim is right, that making trade more open between the US and other countries will increase output on the long run.
Trade barriers like tariffs and duties impede the level of trade between countries which could either reduce the amount of money countries make after netting off custom duties or the price of imported goods are increased by the effect of tariffs. Increased price means reduced demand
<u>Hence if tariffs are replaced with subsidies in open trade, prices of U.S imported goods will fall and demand will increase.</u>
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