Answer:
The price of a U.S. postage stamp has increased 10% in terms of Japanese yen and 44% in terms of British pounds.
Explanation:
The exact question is as follows :
To find - Between April 12, 2008, and April 12, 2013, the price of a U.S. postage stamp increased from $0.41 to $0.46. The price of a U.S. postage stamp has increased approximately ____________ in terms of Japanese yen and _____________ in terms of British pounds.
Solution -
Given that,
postage stamp increased from $0.41 to $0.46
Now,
From the table, we can find that,
For, April 12, 2008
1$ = 0.5069 £
1$ = 101.54 ¥
And
For April 12, 2013
1$ = 0.6510 £
1$ = 99.62 ¥
Now,
We have -
1$ = 0.5069 £
⇒$0.41 = 0.207829 £
and
1$ = 0.6510 £
⇒$0.46 = 0.29946 £
So,
Change = (0.29946 - 0.207829)/ (0.207829) × 100 %
= 44%
∴ we get
The price of a U.S. postage stamp has increased 44% in terms of British pounds.
Now,
Similarly, we do for Japanese Yen
We have -
1$ = 101.54 ¥
⇒0.41$ = 41.6314 ¥
And
1$ = 99.62 ¥
⇒0.46$ = 45.8252 ¥
So,
Change = (45.8252 - 41.6314)/ 45.8252 × 100 %
= 10%
∴ we get
The price of a U.S. postage stamp has increased 10% in terms of Japanese yen.
Answer:
D
Explanation:
A municipal bond is a debt instrument issued by a state or municipality to finance its capital expenditures.
Municipal bonds are usually exempt from federal income tax. This makes these bonds attractive to individuals with a high income tax bracket
If tax rate increases, investors would prefer to invest more in municipal bonds because it is exempt from tax. The increase in demand for these bonds would lead to decrease in its interest rate.
Due to tax exemption, the interest rate on municipal bonds is lower than on comparable bonds
<em><u>Types of municipal bonds</u></em>
- General obligation bonds : these bonds are not secured by any form of asset. Instead they are backed up by the credit worthiness of the issuer.
- Revenue bonds : these bonds are secured by revenue from a particular project. e.g. revenue from highway tolls
Answer and Explanation:
D. tax multiplier overpowers the income multiplier, triggering a rollback in real GDP.
Answer: $81000
Explanation:
The capital account, in international macroeconomics, is a component of the balance of payments which records all transactions made between entities/parties in one country with entities in the rest of the world. These transactions consist of imports and exports of various goods, services, capital, and as transfer payments such as foreign aid and remittances. The balance of payments is composed of a capital account and a current account. Although, a narrower definition breaks down the capital account into a financial account and a capital account.
The capital account in accounting shows the net worth of a business at a certain point in time. It is also known as owner's equity for a sole proprietorship or shareholders' equity for a corporation, and it is reported in the bottom section of the balance sheet.
The capital account balance would be equal to the sum of cash deposit and net income minus drawings made.
Capital account balance= Cash deposit + Net income - Drawings made.
Capital balance= 75000+18000-12000
=93000-12000
=$81000
Therefore,the capital account is $81000.
Answer:
<em>Credit Unions</em><em> </em>is known as a cooperative association.
hope it helps!
