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kompoz [17]
3 years ago
15

The quantity demanded for money is higher in Japan than in the United States because: telecommunications and information technol

ogy is more advanced in the United States than in Japan. Japanese interest rates are higher than those in the United States. Japanese interest rates are lower than those in the United States. Japanese consumers use credit cards more than people in the United States.
Business
1 answer:
sesenic [268]3 years ago
6 0

Answer:

Japanese interest rates are lower than those in the United States.

Explanation:

The demand for money (the decision to hold money) is inversely related to interest rate. if interest rate is high, individuals would prefer to hold bonds and the demand for money would fall. if interest rate is low, individuals would prefer to hold money.

the opportunity cost of holding money is what would have been earned if money was invested. if interest rate is low, individuals would prefer to hold more money because the amount that would be earned if money was invested in bonds would be low, so the opportunity cost of holding money would be low

If the demand for money is higher in Japan than in the United States, it is because interest rates are lower in Japan

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Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the expected return, and for this case we know the distribution for X is given by:

X \sim N(11,26)  

Where \mu=11 and \sigma=26

We are interested on this probability

P(X

And the best way to solve this problem is using the normal standard distribution and the z score given by:

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If we apply this formula to our probability we got this:

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And we can find this probability using the normal standard distribution table or excel and we got:

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he journal entry for adjustment of overallocated manufacturing overhead includes a​ ________. A. credit to Manufacturing Overhea
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Answer:

C. Credit to Cost Of Goods Sold

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