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- 2.The Secretary of the Treasury was authorized by Congress to mint and sell a stated number of commemorative coins to raise funds to restore and renovate the Statue of Liberty. The U.S. Mint mailed advertising materials to persons, including Mary and Anthony Mesaros, that described the various types of coins that were to be issued. Payment could be made by check, credit card, or money order. Directly above the space provided on the order form for the customer’s signature was the following: “YES. Please accept my order for the U.S. Liberty Coins I have indicated. “ Mesaros forwarded to the Mint a credit card order for $1,675 for certain coins. Cash orders were processed before credit card orders. The 500,000 authorized coins were distributed before the Mesaros’ credit card order was able to be processed. The Mint notified the Mesaros that their order would not be filled. The coins increased in value 200% within the first few months after distribution. The Mesaros sued the U.S.…Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at measuringWorth.com. How much money would it take today to purchase what one dollar would have bought in the year of your birth?Hong Kong was a British territory for approximately 150 years before being handed back to China in1997. It is now a Special Administrative Region of China.(a) State the currency of China and explain why Hong Kong does not use the currency of China as itscurrency.
- A - 7% C D 5% 100 150 200 300 Money ($ million) 27) Refer to Figure 11.1. Suppose the Quantity of money demanded is currently at Point D. A movement to point C could be caused by A) a decrease in nominal output. C) an increase in the price level. B) an increase in the interest rate. D) a decrease in the interest rate. Interest rate (%)Dollars 0 Quantity (4) € (3) (2) Refer to the diagram. Other things equal, an decrease of product price would be shown as A) a decrease in the steepness of curve (3), a downward shift in curve (2), and an downward shift in curve (1). B) an increase in the steepness of curve (3), an upward shift in curve (2), and an upward shift in curve (1). C) an upward shift in curve (2) only. D) a downward shift in curve (4) and an upward shift in curve (1), with no changes in curves (2) and (3).please help solve all parts of the equation
- 00 ASAP PLZZGeneral Journal ILLUSTRATION 1 The following is example of journal entries, Transaction 1 Safiyya invests $20,000 cash in Marine Engineering Services Sdn. On January 1 2010. Transaction 2 On 3rd January 2010, ME Services bought supplies for cash of $3,000. Transaction 3 Purchase supplies for credit of $5, 000 on 5th January from a supplier. Transaction 4 ME Services bought equipment by cheque of $35,000 on 15th January. Transaction 5 Paid salaries expense by cash to the workers on 25th January. Transaction 6 ME services receives payment of RM5,000 from the customer 26th January for consulting services on new motorboat engines. Transaction 7 The owner withdraws $500 cash from business account for personal use on January 30.5- Please solve this question. Thanks
- The accompanying table lists the foreign exchange rate between U.S. dollars and British pounds (GBP) during May 2020. Of the dates in the table, 05- would have been the best day for converting US $500 into British pounds and 05- would have been the worst day for converting US $500 into British pounds. (Type whole numbers.) The difference in pounds between these two dates would be £. (Round to two decimal places as needed.) Date 05-01 05-02 05-03 05-04 05-05 05-08 05-09 05-10 05-11 05-12 05-15 $/£ 1.2917 1.2921 1.2916 1.2910 1.2950 1.2942 1.2939 1.2939 1.2885 1.2880 1.2917 Date 05-16 05-17 05-18 05-19 05-22 05-23 05-24 05-25 05-26 05-30 05-31 $/£ 1.2912 1.2944 1.3009 1.3018 1.3006 1.2984 1.2935 1.2954 1.2795 1.2858 1.2905Suppose the Consumer Price Index for 2012 was 121.8 and for 2014 it was 125.2. (a) Determine the purchasing power of the dollar in 2012 and 2014 relative to the base year 2002. (b) Compute the purchasing power of the dollar in 2014 relative to 2012. (a) The purchasing power of the dollar in 2012 is. (Round to three decimal places as need.) The purchasing power of the dollar in 2014 is (Round to three decimal places as need.) (b) The purchasing power of the dollar in 2014 relative to 2012 is. (Round to three decimal places as need.)6 Please show me how the calculation for this is done in a detailed explanation please!