Answer:
1) Lower interest rate
2) Devaluation of Local Currency Risk
Explanation:
1) The main reason why so many East Asian companies and banks borrow dollars, yen, and Deutsche marks instead of their local currencies to finance their operations is that the loans/finance obtained in the local currencies (from local financial institutions i.e. commercial banks, etc) carry a higher interest rate making the debt more costly than the foreign currency debt.
2) The major risk those companies are exposing themselves to is the devaluation risk of their respective local currencies against the foreign currencies, which eventually makes the foreign currency loans higher in terms of payment in the local currency.
The economic theories that were most clearly applied by the Federal Reserve in response to the economic crisis were based on the theories of Keynes and Friedman.
<h3>
What were the theories of Keynes and Friedman?</h3>
They both believed that aggregate demand can be influenced by government policies and help an ailing economy to recover.
Hence, we can see that from the complete information, the Federal Reserve made use of their theories to intervene and they did this by the use of monetary policy to increase the money supply.
Read more about Keynes and Friedman here:
brainly.com/question/3763180
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Answer:
A. Dr. Office Supplies, $80; Dr. Merchandise inventory, $160; Dr. Miscellaneous expenses, $20; Dr. Cash over and short, $8; Cr. Petty cash, $268.
Explanation:
$80 for office supplies, $160 for merchandise inventory, and $20 for miscellaneous expenses are all expense accounts which need to be debited for settlement. Cash Shortage account is debited by $8 to record the cash shortage effect. The total of all these account will be credited in cash account.
Answer:
40%
Explanation:,
In order to find the percent of Jay’s total revenue that was contributed by off site catering, you have to divide $20,000 by $50,000 to get the weight of off site catering revenue in the Jay's total revenue and multiply for 100 to get the percentage:
($20,000/$50,000)*100= 40%
Answer:
if you quit your job is true
Explanation:
