Answer:
C. When the value of the domestic currency depreciates, domestic goods become less expensive relative to foreign goods, making domestic goods more attractive to domestic and foreign consumers.
Explanation:
The demand curve for foreign currency is downward sloping because a higher exchange rate makes domestic goods more expensive and viceversa.
Answer:
-$3,770
Explanation:
The computation of the net income or net loss using the cash method for May month is shown below:
= Received cash for meals served to customers - prepaid rent paid - electricity paid for cash - paid cash for kitchen equipment
= $1,650 - $2,400 - $220 - $2,800
= -$3,770
As the journal entry for prepaid rent is
Prepaid rent A/c Dr $2,400
To Cash A/c $2,400
(Being the cash is paid in advance)
Answer: $4,000
Explanation:
The house is worth $200,000 in the present when you bought it.
When you sell it in a year, it would have appreciated by 2% over the capital that you invested as per the expected increase in Real Estate rates.
Your capital gain therefore is that 2%;
= 2% * 200,000
= $4,000
2. prepare a type of business report called a spending report.
This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
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Confidence interval</h3>
Given that 95% confidence interval for the true mean yield is 118 to 130 bushels per acre.
This means that the research shows that 95% of the yield is between 118 to 130 bushels per acre. The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
Hence:
μ ± E = (118, 130)
where μ is mean and E is margin of error
μ - E = 118 (1)
Also:
μ + E = 130 (2)
From both equations:
μ = 124, E = 6
The mean is 124 bushels per acre and the margin of error is 6 bushels per acre.
Find out more on Confidence interval at: brainly.com/question/15712887