Answer:
As the price level rises, the purchasing power of households' real wealth will <u>fall</u>, causing the quantity of output demand to <u>fall.</u> This phenomenon is known as the <u>wealth</u> effect.
Additionally, as the price level rises, the impact on the domestic interest rate will cause the real value of the dollar to <u>rise</u> in foreign exchange markets. The number of domestic products purchased by foreign (exports) will therefore <u>fall</u>, and the number of foreign products purchases by domestic consumers and firms(imports) will <u>rise</u>.
Net exports will therefore <u>fall</u>, causing the quantity of domestic output demanded to <u>fall.</u> This phenomenon is known as the <u>exchange rate</u> effect.
Inventions usually start out with a small idea. Just like the story for honey bunches of oats, his daughter smiled because she knew he was up to something (and they never ever knew they would become very famous with their cereal).
Since many people are dying from diseases, you could make an invention that rates how close you are to get that disease. It could warn you on when you might get it (for example, it tells you that a person behind you has a flu, so make sure to stay away from that person.).
It would be called 'The-World-Is-Healthy' because it would decrease the spread of disease.
That would change the world.
Answer:
3.44%
Explanation:
For this question we use the RATE formula that is shown on the attachment
Data provided in the question
Present value = $15,000,000
Future value or Face value = $0
PMT = $1,050,000
NPER = 20 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the rate pf the return is 3.44%
Approximately 30% of the world's oil production currently comes from offshore regions.
Answer:
Dr Depletion expense 87,465
Cr Accumulated depletion, coal mine 87,465
Explanation:
total depreciable costs = $476,000 + $119,000 + $95,200 - $190,400 = $499,800
depletion rate = $499,800 / 4,760 tons of coal = $105 per ton of coal
depletion expense during year 1 = $105 per ton x 833 tons = $87,465
Depletion expense is similar to depreciation expense, and is primarily used by extracting companies, e.g. mines, oil companies. Accumulated depletion decreases the book value of the asset.
