The invention of the flying shuttle and the spinning jenny helped fuel the Industrial Revolution by making it possible for one person to do the work of many. True
False

Subject: Career success skills

What other aspects of ecuadorian culture, other than its predominant religion and language, might affect that country’s culture?

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out