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4 years ago

High inflation in the United States would most likely have a negative impact on

Business

1 answer:

Alexxx [7]4 years ago

5 0

Answer:

The correct answer is option A.

Explanation:

High inflation will cause an adverse effect on the exchange rate. However, the low inflation rate does not have a positive effect on the value of currency and exchange.

Inflation rate affects the rate of interest which has an effect on the exchange rate. The relationship between the interest rate and inflation is complex and difficult to manage.

Lower interest rates are likely to lower the cost of borrowing. As a result, there is an increase in investment and production. This increases aggregate demand and thus price level.

But lower interest discourages foreign investment, the demand for domestic currency falls.This shift the currency demand curve to left decreasing the interest rate.

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How to make demon children

Nitella [24]

Answer:

dont vaccinate them lol

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3 years ago

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Select the examples that best demonstrate likely tasks for Administration and Information Support workers. Check all that apply.

Vera_Pavlovna [14]

Answer:

Bart types information into a computer database
Phuong works on a research project and creates a report for her boss.
Anton answers phone calls and greets guests who visit a company

Explanation:

Administrative and Information Support workers provide support to the company's executives and management. This support includes general office management, welcoming and guiding visitors, answering phone calls, assisting and responding to clients queries, and clerical work. They also do data entry and records maintenance.

Administrative and Information Support workers require Strong administrative and multi-tasking skills to execute their mandate effectively.

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3 years ago

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Concord Company made a purchase of merchandise on credit from Pharoah Company on August 8, for $8300, terms 3/10, n/30. On Augus

Lostsunrise [7]

Answer: Debit accounts payable for 8, 300

Credit cash for 8,300

Explanation:

3 0

4 years ago

9 . Implied interest rate and period Consider the case of the following annuities, and the need to compute either their expected

vodomira [7]

Answer:

IRR 6% for Jabob

His friend will need 12 years saving cash to obtain their collegue funds.

Explanation:

We will solve for the rate being the annuity of 3 payment of 800

and the present value 2,138.41

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 800

time 3

PV 2,138.41

rate ?

$800 \times \frac{1-(1+x)^{-3} }{x} = 2,138.41\\$

To solve we can use excel, a financial calculator or trial and error

For excel we will do the following:

write the list of cash through the loan life:

-2,138.41

+800

then we write in the empy cell

=IRR(

select the values and press enter

This will give the IRR which is 6%

For the second assignment:

we need to solve for time:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 3,800

time n

rate 0.06

PV $31,897

$3800 \times \frac{1-(1+0.06)^{-n} }{0.06} = 31,897\\$

We work out the formula:

$(1+0.06)^{-n} = \frac{31,897\times 0.06}{3,800}$

Now we solve the right side and apply logarithmic properties

$-n = \frac{log0.503636842
}{log1.06}$

-n = -11.77128325

n = 11.77

It will take 12 years to obtain their target amount

3 0

3 years ago

Marin Company’s general ledger indicates a cash balance of $22,340 as of September 30, 2021. Early in October Marin received a b

Lina20 [59]

Answer:

See below

Explanation:

With regards to the above, Marin's correct September 30, 2016 cash balance is computed below;

Balance as per cash book

$22,340

Add: Error in recording cash receipt

($550 - $500)

$50

Less: Bank service charge

($45)

Less: NSF check

($1,500)

Corrected cash book

$20,845

7 0

3 years ago