The British government borrowed from the Dutch and British bankers and this increase its national debt from $75 million to $133 million.
<h3>What is a
national debt?</h3>
This means the total amount of all debts owed by the government of a country.
These debt are used to service infrastructure, cater expenditure when there are insufficient revenue to cater for such.
Therefore, the British government borrowed from the Dutch and British bankers.
Read more about national debt
<em>brainly.com/question/4371750</em>
Answer: $38,250
Explanation:
Current portion of tax is the amount of tax payable on the current taxable income:
= Taxable income * tax rate
= 153,000 * 25%
= $38,250
Interest is defined as the amount paid regularly at an agreed rate for the use of money lent. Depending on the agreement of both parties, interest is for the delayed repayment of a debt. So, to answer the question above: True.
Answer:
Product adaptation
Explanation:
Product adaptation is when an existing product is changed or modified to suit customers need in a foreign market . The aim is to satisfy customers want all around the world where the products are exported to.
There are various reasons why products may be adapted, one of which is changing the taste of a product to meet the desire of customers who are based in other countries or around the world. It may also involve either changing the brand, colour etc, just to meet customers demand all around the world.
Other reason why a product may be adapted is to comply with local laws where the products are exported to.
Answer:
B. The lender would benefit.
Explanation:
Based on the information provided within the question it can be said that in this scenario the one who would benefit from a lower inflation rate would be the lender. That is because by there being a lower inflation rate it means that the money that the borrower needs to pay back the loan does not have the buying power he predicted it would have when he borrowed it. Meaning that he would need to pay more money to the lender than originally anticipated.
