An increase in US. Interest rates relative to German interest rates would likely reduce the u. S. Demand for euros and increase the supply of euros for sale.
<h3>What is the impact of an increase in interest rate on a country's currency?</h3>
When the interest rate of a country's currency increases, the value of that currency increases. As a result, there would be an increase in the demand for that currency relative to other currencies.
When the US interest rates increase relative to that of Germany, the value of the dollar would increase. This would lead to an increase in the demand for the dollar and a decrease in demand for the euros.
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Answer:
<h2>The United States has the comparative advantage in car production.</h2>
Explanation:
- Japan has a lower opportunity cost of producing televisions compared to cars, implying that Japan basically has to give up or sacrifice or trade off relatively less number of cars to produce one more television compared to the production of one more car.
- Alternatively, US has a lower opportunity cost of producing cars relative to televisions meaning that US has to give up, sacrifice or trade off less number of televisions to manufacture one more car in comparison to the production of one more television.
- Hence, in this case,US has a comparative advantage in the production of cars and Japan has a comparative advantage in production of television and both countries can produce these respective commodities by using relatively less productive resources or factor inputs.
I believe the correct answer is C. specialization.
If they divide their work between themselves, it will be easier for them to get the job done more quickly. If Kathy specializes in baking, Sue in decorating, and Christina in packing, instead of doing all of these together, they won't spend as much time working.
Discipline is important for entrepreneurs because (C)entrepreneurship requires more work than any other profession
Explanation:
Entrepreneurs are the individual who come up with their own ideas ,they know what they want to do, but their knowledge lacks in term of
- How to market their product
- What price should the product be made available
- What are the consumer segment they want to target
- What will be the USP of their product
- What platform they will make use of to sell their product
In order to answer all these question a entrepreneur requires to work harder than the other professionals.
<u>The other professional </u>already have a business set-up ,target audience,they have a well developed market in which they want to cater ,so they don't have to put in much effort .
Answer:
2018 Jan. 1 Purchased $50,000 Lake Corporation 10% bonds for $50,000.
- Dr 10% bonds available for sale 50,000
- Cr Cash 50,000
available for sale
July 1 Received interest on Lake bonds.
- Dr Cash 2,500
- Cr Interest revenue on 10% bonds available for sale 2,500
Dec. 31 Accrued interest on Lake bonds.
- Dr Interest receivable 10% bonds available for sale 2,500
- Cr Interest revenue 10% bonds available for sale 2,500
Dec. 31 Market value of the bonds $55,000, prepare the adjusting entry to record bonds at market value. 2019
- Dr 10% bonds available for sale 5,000
- Cr Unrealized gain - other comprehensive income 5,000
Jan. 1 Received interest on Lake bonds.
- Dr Cash 2,500
- Cr Interest receivable on 10% bonds available for sale 2,500
Jan. 1 Sold $25,000 Lake bonds for $26,650.
- Dr Cash 26,650
- Dr Unrealized gain - other comprehensive income 2,500
- Cr 10% bonds available for sale 27,500
- Cr Realized gain on 10% bonds available for sale 1,650
July 1 Received interest on Lake bonds.
- Dr Cash 1,250
- Cr Interest receivable on 10% bonds available for sale 1,250
