Market expectations of Britain increased as their currency increased
Answer:
annual interest expense $ 14,000
interest expense per semiannual payment: $ 7,000
for a total of $ 14,000
Explanation:
The bonds were issued at face value. Thus, the interest expense will match the cash payment of the bond.
annual interest:
principal x rate x time
200,000 x 7% = 14,000
semiannual interest
principal x rate x time
200,000 x 7% x 1/2 (half-year) = 7,000
<u></u>
<u>Note:</u>
We must express rate and time under the same metric. As the 7% rate is annual we multiply by 1/2 (a half) as there are 2 payment per year.
Child labor laws govern the age, type of job, and hours of work for anyone younger than eighteen years old.
Answer:
Option E.
Explanation:
In free trade, a country with a comparative advantage in a good produces that good in the long-term. Therefore, if these people are working in an industry in which it has a higher opportunity cost i.e. it does not have a comparative advantage; they will eventually see job loss or fall in income or both. On other hand, when they purchase goods which has lower opportunity costs in foreign, they get access to these at a lower price and can purchase a higher quantity. So, these people are both harmed and benefitted by free trade.
Answer:
This packaging is an example of a <u>"horizontal market".</u>
Explanation:
A businesses in Horizontal Markets have an expansive and assorted set of clients and it is available in extensive variety of industries. In horizontal market, business sells to different industries. we can consider business of coffee an example of horizontal market as we know that many people from different countries drinks coffee.
