Author Question: James used 200,00 . from his savings account that paid an annual interest of 10 to purchase a ... (Read 137 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
James used 200,00 . from his savings account that paid an annual interest of 10 to purchase a hardware store. After one year, James sold the business for 300,000 . An Economist calculated his profit to be:
 a. 300,000
  b. 100,000
  c. 80,000
  d. 20,000

Question 2

Holding other things constant, if the Japanese Yen, appreciates, it makes the Japanese products
 a. Less attractive to US customers
 b. More attractive to US customers
 c. Neither more nor less attractive to US customers
  d. None of the above



ebenov

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

c

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library