« previous next »

Author Question: James used 200,00 . from his savings account that paid an annual interest of 10 to purchase a ... (Read 135 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

“To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This “To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This
Annual Federal Deficit (or Surplus), 1992–2016 Annual Federal Deficit (or Surplus), 1992–2016
William James (1842‑1910). William James (1842‑1910).
Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
How to calculate present value using the compound interest formula (Question 2) How to calculate present value using the compound interest formula (Question 2)
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
Video: Renal Failure

For a complete list of videos, visit our video library