Answer:
(D) medium of exchange
Explanation:
According to my research on economics, I can say that based on the information provided within the question mollusk shells would play the economic role of being a medium of exchange within a financial system. This is basically a term defined as a widely accepted token which can be exchanged for goods and services.
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Answer:$500
Explanation:
Sell short means ,borrowing shares of a company that the buyer speculates will fall in value at a later date
Change in equity 100(28-23)=100×5=$500
Answer:
Option E, is correct as effective interest $ 120,839
Explanation:
The coupon interest payable semi-annually is computed thus:
Semi-annual coupon =13%/2*$2000000
=$130,000
However the bond was issued at premium, using effective interest the first interest payment is calculated on the actual issue value of the bond of $2,197,080 using the market rate of interest
effective interest=11%/2*$2,197,080
=$ 120,839.40
Hence,the interest expense based on effective interest is $120,839 rounded to the nearest whole number
Option D is wrong because the effective interest is a semi-annual interest not an annual one.
Answer: The Montreal Convention 1999 (MC99)
Explanation:
The Montreal Convention of 1999 (MC99) unified all different international treaties that were in force with regards to Airline liability since 1929.
Designed as a single, universal treaty meant to govern airline liability across the globe, it established airline liability in the case of death or injury to passengers, as well as in cases of delay, damage or loss of baggage and cargo.
The United States of America RATIFIED the Agreement on the 5th of September 2003 after it passed the Senate in July of the same year. It then came into effect 60 days later on the 4th of November 2003.
Diego is trying to focus and meet his self-actualization needs.
<h3>What is Maslow's Hierarchy of Needs?</h3>
Abraham Maslow's theory of Hierarchical needs explains that people are driven to meet fundamental wants before moving on to more complex requirements.
His theory emphasizes five hierarchical needs, these are:
- Physiological needs
- Security and safety needs
- Social Needs
- Esteem Needs
- Self Actualization needs
Therefore, based on the fact that Diego is concerned about his own personal growth and focusing on his career, we can conclude that Diego is trying to focus and meet his self-actualization needs.
Learn more about Maslow's Hierarchy of Needs here:
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