The answer to the question above is a term called global digital divide.
Global digital divide refers to the global inequalities that occurred in the adoption of computing and information resources and opportunities that can be received from these resources between developing and well-developed countries.
An example of this would be internet speeds, which can vastly differ from one country to another – even the lowest package available in the U.S.A, for example, can be faster than the mid-tier package offered in Cambodia.
The European system of central banks' primary tool for conducting monetary policy is open market operations. It uses this tool to set the interest rate for very short-term inter-bank loans, which is known as the the overnight cash rate.
<u>Explanation:</u>
The rate at which a depository entity which is usually banks lend or borrow resources in the overnight marketplace with another depository organization, is understood as overnight cash rate. The overnight rate in many places is the interest rate which the central bank establishes to guide monetary policy.
The overnight rate offers the banks with an effective strategy of obtaining short-term funding from central bank depository. Given that a country's central bank controls the overnight rate, it can be implemented as a strong proxy for the motion of short-term interest rates for customers in the wider economy. The greater the overnight rate, the greater the cost of borrowing capital.
Answer:
The correct answer is the option E: consumers are encouraged to buy domestically produced goods.
Explanation:
To begin with, in order to the economy to grow the country must encourage the consumers to buy more domestically produced goods so that the when the demand increases so does that income of the firms and that impacts in the demand that the companies do as well. Therefore that the country, and that is, the firms and the government, should encourage the increase of consumption from the buyers in order to intend to experience an economic growth.
Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $400,000
To Bonds payable $400,000
(Being the bond is issued for cash)
For recording this we debited the cash as it increased the assets and at the same time it increased the liabilities so the bond payable is credited
On July 1
Interest expense $14,000
To Cash $14,000
(Being the payment of interest is recorded)
The computation is shown below:
= $400,000 × 7% × 6 months ÷ 12 months
= $14,000
For recording this we debited the expenses as it increased the expenses and at the same time it decreased the assets so the cash is credited
On Dec 31
Interest expense $14,000
To Interest payable $14,000
(Being the accrual of interest is recorded)
For recording this we debited the expenses as it increased the expenses and at the same time it increased the liabilities so the interest payable is credited
A. Personal
Personal accountant: A person who has the requisite skill and experience in establishing and maintaining accurate financial records for an individual or a business.
