Answer:
.91 pints of irish beer per pint of Australian beer
Explanation:
As we know that
The exchange rate of
1 AUD = 0.5 pound
Now
In Ireland, 1 beer cost = 2.2 pound
And, in Australia, 1 beer cost = 4 AUD
As 1 AUD = 0.5 pound
so 4 AUD is
= 0.5 × 4
= 2
Now the exchange rate is
= 4 AUD beer cost ÷ 1 beer cost in Ireland
= 2 ÷ 2.2
= 0.91
hence, the real exchange rate is 0.91
Answer:
Explanation:
journal entries in the books of AXE
jan 6 purchased goods from Green worth $1200 term 2/10 , n/30
Inventory a/c $1200
Accounts Payable - green $1200
jan 6 purchased goods from munoz worth $900
inventory a/c$900
Accounts Payable - munoz $900
jan 14 Payment being made to green. Since payment is made within 8 days so discount will be recieved by Axe( note term 2/10 means if payment is made within 10 days axe will recieve discount @2%)
Accounts payable - green $1200
Cash $1,176
discount recieved $ 24
( being discount recieved [email protected]% = $24)
Feb 2 payment made to munoz , since it is paid after 10 days no discount will be recieved
Accounts payable- munoz $900
Cash $900
feb 28 purchased goods worth $350 from reynold
Inventory $350
Accounts payable - reynold $350
Answer:
negative relation between the real interest rate and investment.
Explanation:
Loanable funds can be defined as the total income that are being saved and lend out, other than personal use or as consumption.
Also, it's the total amount investors chooses to borrow to fund their projects.
The slope of the demand for loanable funds curve represents the negative relation between the real interest rate and investment.
This slope of the demand for loanable funds usually slopes downward.
The equilibrium interest rate and quantity of loanable funds falls, when the demand for loanable funds shifts to the left.
Answer:
These are careers that are focused on running businesses.
Explanation:
The business management and administration career cluster are careers that are focused on the running of businesses. What it does is to help students prepare for effective and good careers on the processes of running good and productive businesses. It has several career pathways to follow in achieving this.
Whattttttttttttttt????????????
