4
a) Describe and illustrate the stability of foreign exchange
market.
b) Derive the Marshal Learner and write down its
implications.
Answers
a) The stability of the foreign exchange market is determined by the supply and demand for different currencies. When the demand for a particular currency exceeds its supply, the value of that currency increases. Conversely, when the supply of a currency exceeds the demand for it, the value of that currency decreases.
The foreign exchange market can be illustrated through the use of exchange rate diagrams. These diagrams show the value of one currency relative to another over time. They can also show the impact of various economic events on exchange rates.
b) The Marshall-Lerner condition is a theory that states that a devaluation or depreciation of a country's currency will only improve its trade balance if the sum of the price elasticities of its exports and imports is greater than one.
The implications of the Marshall-Lerner condition are that a country can improve its trade balance by devaluing its currency only if it has enough export competitiveness to make up for the higher costs of imported goods. A country that is not competitive in its exports will not benefit from a devaluation because the higher costs of imports will offset any gains from increased exports. Therefore, a country needs to have a strong export sector and be competitive in its exports in order to benefit from a devaluation.
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Related Questions
price plays only a small role in creating customer value and building customer relationships.
T/F
Answers
False. Price plays a significant role in creating customer value and building customer relationships.
While other factors such as quality, convenience, and customer service also contribute to customer satisfaction, price is often a determining factor in a customer's decision to purchase a product or service. Customers may perceive higher prices as an indicator of better quality or value, while lower prices may signal a lack of quality or reliability. Additionally, offering competitive pricing and promotions can help to attract and retain customers, leading to stronger relationships and increased customer loyalty.
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what characterizes developing economies? check all that apply.
Answers
Explanation:
Explanation: What characterizes a developing economy is the rapid pace of GDP and improved social indicators such as rising living standards and the rise of the middle class. GDP will be accelerated as production in the country increases.
Question 1 (10 points) 1. Create one well-stated customer related goal that would be relevant for Chatters Hair Salon. (doublecheck: Is it SMART?) 2. You are an advisor to the manager responsible for meeting this goal and they need a recommendation on how to keep track of the progress toward the goal. Provide advice that is relevant to this goal and this company.
Answers
1. The goal is relevant for the salon and is SMART (Specific, Measurable, Achievable, Relevant, Time-bound).
SMART evaluation:
Specific: The goal specifies increasing customer satisfaction through improving the overall salon experience, focusing on the customer's perception and satisfaction.
Measurable: Customer satisfaction can be measured through surveys, feedback forms, ratings, and reviews, allowing the salon to track improvements.
Achievable: Improving the salon experience is achievable by implementing customer-centric strategies, training staff, enhancing facilities, and optimizing service processes.
Relevant: Customer satisfaction is a key factor in the success of any service-oriented business, making it highly relevant to Chatters Hair Salon.
Time-bound: The goal does not specify a specific time frame, so it would be beneficial to set a deadline or target, such as increasing customer satisfaction by a certain percentage within six months or a year.
2. Recommendation: Implement customer feedback collection, monitor KPIs, provide staff training, and initiate improvement initiatives to track progress toward the goal.
Regularly collect customer feedback: Use customer surveys, feedback forms, and online reviews to gather insights into customer satisfaction levels and identify areas for improvement.
Monitor and analyze feedback: Assign a staff member or team responsible for collecting, analyzing, and reporting customer feedback to identify trends, common issues, and areas of excellence.
Set key performance indicators (KPIs): Establish measurable KPIs related to customer satisfaction, such as customer ratings, repeat business percentage, or positive online reviews, and track these metrics regularly.
Conduct regular staff training: Provide ongoing training sessions for salon employees to enhance their skills, knowledge, and customer service abilities.
Implement improvement initiatives: Based on customer feedback and analysis, develop action plans to address any identified areas for improvement and track the progress of these initiatives over time.
By following these recommendations, Chatters Hair Salon can effectively track progress toward their customer satisfaction goal and make data-driven decisions to continually enhance the salon experience for their customers.
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100 points if you have the correct answer ^^
Assignment Introduction
Assume that you are involved in a job search. You are ready to construct an outstanding résumé to put before employers. You have carefully reviewed and documented your list of abilities, hard and soft skills, education, credentials, and past work experience (including volunteering). You have also considered your personality traits and job preferences. However, you have not narrowed your search to just one type of consumer services job, and you have seen several that interest you.
Assignment Directions
Using any or multiple sources (newspaper, trade or association publication, online job board, networking site, etc.), select two job listings. They must have very different job descriptions in different fields. For example, bookkeeping in a hospital and a customer service position in a retail setting. Using your own actual information, construct a general purpose résumé suitable for handing out in person. You may choose any format that is appropriate to your situation. Using the same information, build two more résumés, one each targeting the two different job descriptions and formatted to submit digitally/online.
Assignment Guidelines
Your submission must do the following:
Total three sheets; one typed page each for your basic and two targeted résumés
Include copies of your two chosen job descriptions as an attachment.
Each résumé must contain the following:
Your contact information
Educational background
Employment history, most recent to oldest (minimum 3 entries; if you do not have 3, you may make one up, as long as it is plausible and appropriate).
Accomplishments (two or three entries)
Special skills, including foreign languages spoken, as applicable
Submission Requirements
Proofread for spelling, grammar, and punctuation
Use complete sentence structure and standard written English; do not use texting abbreviations or other shortcuts
Source all references in a proper format
Answers
Your submission should include three sheets; one typed page each for your basic and two targeted résumés. The basic résumé should contain your contact information, educational background, employment history, accomplishments, and special skills.
What is education?Education is the process of acquiring knowledge, skills, values, beliefs, and habits. It is an important part of our life and it helps us to develop as individuals and to become better citizens. Education is an essential part of our society and it provides us with the necessary tools to grow and succeed.
The two targeted résumés should be tailored to the two job descriptions you have chosen, and should include the same information as the basic résumé. You should also include copies of your two chosen job descriptions as an attachment.
When writing your résumés, you should proofread for spelling, grammar, and punctuation, use complete sentence structure and standard written English, and source all references in a proper format.
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write a sample audit question from the following process
criteria purchasing process (procedure 3.2) states: "all purchases
must be made from an approved supplier"
Answers
1. Is there a list of approved suppliers available for reference during the purchasing process?
2. Have any purchases been made from a non-approved supplier? If so, what was the justification for doing so?
3. Is there a process in place for updating the list of approved suppliers?
4. Are there formal reviews for assessing supplier performance?
Can you explain how I can get the surplus?
Answers
Answer:
The answer is "6".
Explanation:
Using formula:
\(\text{Producer surplus= Actual Price- Minimum Acceptable Price}\\\\\)
\(=13-7\\\\=6\)
An investor that owns between ___ and ___ percent of the voting stock of an investee is assumed to have significant influence over the investee.
Answers
An investor is considered to have substantial influence over an investee if they possess between 20% and 50% of the voting shares.
Equity accounting is used to record and account for equity investments made by a firm when it holds 20% or less of the voting shares of another company. According to the number of shares it owns in the investee company, the investor records the investee's earnings in its accounts.In other words, the initial investment grows in proportion to the earnings earned.
The investee is a subsidiary of the investor since it has the power to control influence if it holds more than 50% of the voting shares.
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A company's ________ tells you how much money the company has left over after subtracting all expenses. A. Net profit B. Gross profit C. Revenue D. Cost of goods sold Please select the best answer from the choices provided A B C D
Answers
Answer:
A. net profit is the correct anwer..
Answer:
A.
Net profit
Explanation:
On april 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for april legal services was made by the company on may 12. Prepare the required adjusting entry, if any
Answers
Answer:
On April 30,
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
On May 12,
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
Explanation:
Okay here the attorney fee is the legal fee expense that was accrued in April and must accounted for as accrued expense. The accounting entry would be increase in payables (Credit) and expense (Debit) as well.
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
Now on May 12, the company paid the expense which means that the legal fee payable was reduced to zero (Reduction in liabilities is always debited) and the cash is also reduced by $3500 (Asset reduction is always credited).
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
In a standard cost system, costs are assigned to all of the following, except for: a.fixed overhead. b.direct materials. c.direct labor. d.variable overhead. e.None of these choices are correct.
Answers
In a standard cost system, costs are assigned to fixed overheads, direct materials, direct labor, and variable overhead.
What do you mean by Standard costing?Standard costing refers to the practice of creating the estimates or standard costs for all the activities of a company.
The main reason for using standard costs is that there are many applications where it is considered very time-consuming to collect the actual costs so standard costs can be used as a close approximation to actual costs.
Therefore, E is the correct option.
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which tax is levied only by state and local governments
Answers
Property Taxes and Local Governments s levied only by state. Local governments are primarily responsible for collecting property taxes. They got 97% of the money collected from property taxes in the US in FY 2006.
State governments gathered the last 3%. Among the taxes that the state imposes and collects are the VAT, the professional Taxes, and the motor vehicle tax. There are two main categories of taxes that are imposed on people or organizations. Three statutory entities, including the following, are granted the authority to collect taxes in India under the Indian Constitution: Income tax, customs fees, central excise duties, etc. are all collected by the central government.
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How can you use these questions to help you better develop your own leadership skills? Explain
Answers
Answer:
I can use these questions to help me better develop my own leadership skills by setting long-term goals. I think goals could really help in the future and if we complete them, that is even better. By setting long-term goals, you can prepare and plan for the future.
Explanation:
Hope this helps.
Hi!
1) What is contrct of partnership deed ?
Answers
Answer:
Partnership Deed
Explanation:
A Partnership Agreement is a contract between two or more business partners. The partners use the agreement to outline their rights responsibilities, and profit and loss distribution. The agreement also sets the general partnership rules, like withdrawals, capital contributions, and financial reporting.
Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which career would be a good fit for her? A. accountant B. purchasing agent C. commercial carpenter D. human resources manager
Answers
Answer:
Just give
PhysicsGirl brainiest
after this, pip takes ill and is hunted by his creditors. who comes to his rescue and what does he do to rescue pip?
Answers
In Charles Dickens' "Great Expectations", Pip's benefactor, who rescued him from his creditors, is revealed to be the eccentric Miss Havisham.
In Charles Dickens' "Great Expectations", Pip's benefactor, who rescued him from his creditors, is revealed to be the eccentric Miss Havisham. At the climax of the novel, Pip discovers that his mysterious benefactor is actually a wealthy spinster who took a fancy to him as a young boy and decided to support his education and advancement in life.
Miss Havisham, who was jilted at the altar many years before and has lived as a recluse ever since, used her wealth to ensure that Pip had the best education and opportunities. She also arranged for him to be trained as a gentleman, with the intention of molding him into the perfect suitor for her adopted daughter, Estella.
To rescue Pip from his creditors, Miss Havisham provides him with enough money to pay off his debts and start a new life. In this way, she helps Pip escape his difficulties and begin a new chapter in his life. Although she is a complex and often contradictory character, Miss Havisham's actions ultimately show that she had a deep affection for Pip and wanted to help him achieve his dreams.
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________-_______ list each of the ingredients used in the recipe
Answers
The preparation method and ingredient list each of the ingredients used in the recipe.
What is an ingredient list?The ingredient list shows all the ingredients in a packaged food. Ingredients are listed in order of weight, beginning with the ingredient that weighs the most and ending with the ingredient that weighs the least. This means that a food contains more of the ingredients found at the beginning of the list, and less of the ingredients at the end of the list.
Sometimes nutrients like saturated and trans fats, sodium, and sugar appear on ingredient lists under many different names.
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You have developed the following data on three stocks:
Stock Standard Deviation Beta
A 0.15 0.79
B 0.25 0.61
C 0.20 1.29
If you are a risk minimizer, you should choose Stock _____ if it is to be held in isolation and Stock _____ if it is to be held as part of a well‑diversified portfolio.
A. A;A
B. A;B
C. B;A
D. C;A
E. C;B
Answers
If you are a risk minimizer, you should choose Stock: A; B
A 0.15 0.79
B 0.25 0.61
What is the risk minimizerTo minimize the risk and volatility when held in isolation, one should opt for Stock A, which boasts the lowest standard deviation of 0. 15, much lower than that of Stocks B and C.
When considering a well-rounded investment portfolio, it is recommended to opt for Stock B due to its low beta value (0. 61) This indicates a decreased possibility for systematic risk and adds potential advantages of diversification when blended with other assets.
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what actions did recruiting managers at goldman sachs not take to change the bank's culture and push for good strategy execution and operating excellence?
Answers
Without additional context or information, it is challenging to pinpoint the precise activities that Goldman Sachs' recruiting managers did not take.
Yet, in general, recruiting managers play a crucial part in defining an organization's culture and making sure that workers possess the knowledge and principles needed to carry out the business strategy and achieve operational excellence.
The company's culture may suffer and strategy implementation may be hampered if recruiting managers don't choose and advance candidates who share the company's values and are qualified in their fields. In order to ensure that the company's success is being driven by people who reflect the desired values and have the requisite skills and knowledge, recruiting managers must make sure that those they are hiring and promoting do so.
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MyLab Finance
Dave and Sharon Sampson are assessing the amount of health insurance and disability income insurance they have.
The Sampsons' health insurance is provided by a health maintenance organization (HMO). Recently, Dave and Sharon have heard about preferred provider organizations (PPOs) and are wondering whether they should switch to a PPO. The health care plan provided by Dave's employer allows them to use either an HMO or a PPO, but they would have to pay higher premiums for a PPO. Upon hearing that PPOs are more expensive than HMOs, Dave and Sharon are hesitant to switch, but they have not yet made up their minds. Dave and Sharon are both happy with their primary care physician and any specialists they need to consult under their HMO plan.
Dave and Sharon currently do not have disability income insurance because they do not believe that they are at risk of becoming disabled. Dave and Sharon typically have monthly expenses of at least $4,000, none of which are work related.
The Sampsons have also recently heard about long-term care insurance and are wondering whether they should purchase this type of insurance.
1. Make suggestions to the Sampsons regarding their health insurance. Do you think they should switch from the HMO to a PÞO? Why or why not?
2. Do you think the Sampsons should purchase disability insurance? Why or why not?
3. Should the Sampsons purchase long-term care insurance? Why or why not?
Answers
1. It's important for the Sampsons to consider their current healthcare needs and the costs associated with each type of insurance plan before making a decision.
While PPOs generally offer more flexibility in terms of choosing healthcare providers, they also tend to have higher premiums than HMOs. If the Sampsons are happy with their current primary care physician and specialists, and don't anticipate needing to see providers outside of their current network, they may want to stick with their HMO plan. However, if they feel that having more provider options is important to them, they may want to consider switching to a PPO and budgeting for the higher premium costs.
The decision of whether to switch from an HMO to a PPO depends on individual healthcare needs and preferences. It's important for the Sampsons to consider the costs and benefits of each plan and weigh them against their own needs and budget.
2. Disability insurance can provide financial protection in the event that one or both of the Sampsons become unable to work due to illness or injury. While they may believe that they are not at risk of becoming disabled, it's important to consider that unexpected events can happen and could potentially impact their ability to earn income. Therefore, it may be wise for the Sampsons to purchase disability insurance to protect their financial security.
Disability insurance can provide a safety net for unexpected events that could impact one's ability to work. It's important to consider potential risks and plan accordingly to protect one's financial stability.
3. Long-term care insurance can help cover the costs associated with extended care needs, such as in-home care or nursing home stays. The decision of whether to purchase this type of insurance depends on individual factors such as age, health status, and financial situation. If the Sampsons are concerned about the potential costs of long-term care in the future and want to protect their assets, long-term care insurance may be a worthwhile investment. However, if they feel that they have adequate savings and assets to cover these potential costs, they may not need to purchase this type of insurance.
Long-term care insurance can provide financial protection for extended care needs, but it's important to consider individual factors before deciding whether to purchase this type of insurance. Factors such as age, health status, and financial situation can all impact the decision-making process.
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_____ refers to These are expenditures creating future value. They are incurred when a property owner spends money to upgrade a building in an effort to add value and/or extend the useful life of the building
Answers
Answer:
please can you explain it better
the old soviet union offered an example of an economy in which government planners determine both the prices of goods and the amounts of the goods that are produced. which term refers to this type of economy?
Answers
Nonmarket economy (A nonmarket economy relies on authorities planners to decide each the prices of items and the amounts that are produced. The historic Soviet economy is a ideal example, since the authorities owned and operated the fundamental ability of production.
What is a non market economy?(A) In widespread The time period “nonmarket financial system country” capability any foreign usa that the administering authority determines does not operate on market standards of fee or pricing structures, so that sales of merchandise in such country do now not mirror the fair value of the merchandise.
What is the example of non marketing?The output of the non market activities is neither for sale in the market nor for earning profit. These things to do can be for consumption and processing of predominant products for one's very own use. Example : A farmer cultivates particularly for himself and his family and not for earning profit.
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https://brainly.com/question/25754149#SPJ4an increase in the expected future price of a good will cause the current demand for the good to:
Answers
An increase in a goods' expected future price would lead to thegoods' current demand to be also increased, which would be a shift to the right of the demand curve.
An expected future price is the anticipation of the critical reference price, which is an expectation of future price. Customers so contrast the list price with the anticipated future price.
The connection seen among the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The value and amount demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.
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True or false
the given statements refer to the pricing, economic efficiency, and resource allocation for monopolistically competitive firms. label the statements as being either true or false. each term is used more than once.
statement 1: monopolistically competitive firms will produce where price=marginal revenue=marginal cost in the short run.
statement 2: monopolistically competitive firms are inefficient in their use of resources since they produce at the point where marginal revenue=marginal cost, which means that price>marginal cost in the short run.
statement 3: monopolistically competitive firms will have positive profits even in the long run.
statement 4: monopolistically competitive firms will have demand curves tangent to the left of minimum average total cost. this means that monopolistically competitive firms will not experience economies of scale in the long run
Answers
For the given statements referring to the pricing, economic efficiency, and resource allocation for monopolistically competitive firms.
Statement 1: False
Statement 2: True
Statement 3: False
Statement 4: True
Statement 1: Monopolistically competitive firms will produce only where the marginal revenue equals the marginal cost in the short run.
Statement 2: Monopolistically competitive firms are inefficient in their use of resources since they produce at the point where marginal revenue equals the marginal cost, which means that price>marginal cost in the short run. This is a correct statement.
Statement 3: Monopolistically competitive firms will have positive profits even in the long run. This statement is incorrect. In the long run they will have zero profit due to the no cost entry (free entry) and the exit of firms.
Statement 4: Monopolistically competitive firms will have demand curves tangent to the left of minimum average total cost. This means that monopolistically competitive firms will not experience economies of scale in the long run.
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Achievement of strategic goals through organization development is likely to fail if
O it involves new-direction innovation
O top managers are not committed
O leaders employ an innovation strategy
O the organization does not understand the competition
Answers
Answer: Influence is the answer
Explanation:
during the second quarter, wilson woolen mills decides to leave all budget values the same as in the first quarter, which is shown below. its direct labor costs decrease to $70,000 but all other costs are identical to the first quarter costs. how will this change impact wilson in the second quarter?
Answers
It will remove the adverse variance in direct labor costs and reduce the unfavorable variance in overall costs.
What exactly are direct labor costs?The total costs paid by the firm for paying salaries and other benefits to the company's workers in return for work performed that is directly related to the production of the company's product or the supply of services are referred to as direct labor expenditures. If your firm manufactures bicycles, the workers are considered direct labor. Direct laborers include assemblers, welders, painters, and machinists.
The direct labor cost formula is a straightforward calculation for calculating direct labor cost. The direct labor cost is calculated by multiplying the pay rate by the time spent working on the project, or Direct Labor Cost= Pay Rate × Project Time.
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Which is the most common type of precipitation?
Answers
Answer: Rain.
Explanation:
Bill Nye.
Answer: Rain
Explanation:
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUAs the HR manager of an organization, how can you be fair in providing bonus payments to employees?
A.
fix bonus payments based on competitor salary standards
B.
provide the same percentage of bonus to all employees
C.
link bonus payments to employee performance and targets
D.
provide a bonus to employees based on their seniority
Answers
Answer:
link bonus payments to employee performance C
The City Parks and Recreation Dept. is planting 20 acres of
new park land. The department is renting a grass seed planter
for $17.50 per acre and a tractor for 3 days at $215 per day.
A 7% usage tax is charged. Find the total rental charge.
Answers
Answer:
$727.60
Explanation:
total rental charge = total cost of renting the grass seed planter + cost of renting the tractor + usage tax
total cost of renting the grass seed planter = $17.50 x 20 = $35
cost of renting the tractor = 3 x $215 = $645
total cost of renting = $645 + $35 = $680
Usage tax = 7% x $680
0.07 x $680 = $47.6
total rental charge = $680 + $47.60 = $727.60
An insurance that you pay if your down payment is less than 20 percent of the total cost of the house _____.
a. an ARM
b. an escrow account
c. PMI
d. a balloon loan
Answers
Answer:
Hello There!!
Explanation:
I think the answer is c.PMI because that is the only option which best fits into the sentence.
hope this helps,have a great day!!
~Pinky~
\(\huge{\textbf{\textsf{{\color{navy}{An}}{\purple{sw}}{\pink{er}} {\color{pink}{:}}}}}\)
C. PMI
ThanksHope it helps