The correct options that determine the demand for Euros in Australia are as follows: b. The demand in Australia for European goods and services. d. The demand in Australia for European Assets.
Explanation: In Australia, the demand for Euros is determined by the demand for European goods and services and the demand for European Assets. For instance, if there is an increase in the demand for European goods and services, the demand for Euros will increase as Australians will require Euros to pay for those goods and services. Moreover, if Australians find investment opportunities in Europe attractive, the demand for Euros will increase since Australians will require Euros to purchase those assets. In other words, the demand for Euros in Australia is determined by the need for Euros to purchase European goods and services and to buy European Assets.
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Miss Jyoti, Rishi and Vijay are running a firm in partnership. The main objective of their firm is to
make high-quality wheat available to the public at a cheap rate. A special characteristic of this firm is
that the liability of all the partners is unlimited. The second special characteristic of the firm is that Miss
Jyoti has a capital investment in the company. She gets the share in profit and loss as well as remains
active in management. But the outsiders are not aware of her being a partner. Mr Rishi spends more
time than the other partners in business. This is the very reason that he gets ` 1 lakh extra on account of
his salary per month. Vijay introduced capital in the business but does not take part in the management
of the company. The business of the firm is growing fast. With the increase in the size of the business,
the number of partners is also increasing. By now, its number has reached 2
58. (a) general partnership 59. (a) Active partner 60. (a) Partnership Deed
58) The type of partnership highlighted in the given case is general partnership. This is because all the partners (Miss Jyoti, Rishi, and Vijay) are actively involved in running the firm and share the profits and losses.
59) Miss Jyoti is an active partner in the firm since she remains active in management, has a capital investment, and receives a share in profit and loss.
60) The agreement on the basis of which Rishi gets his salary is a partnership deed. The partnership deed outlines the terms and conditions of the partnership, including the allocation of salaries or compensation to partners for their roles and responsibilities in the firm.
Thus, option (a) which is a partnership deed is correct.
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Miss Jyoti, Rishi and Vijay are running a firm in partnership. The main objective of their firm is to make a high-quality wheat available to the public at a cheap rate. A special characteristic of this firm is that the liability of all the partners is unlimited. The second special characteristic of the firm is that Miss Jyoti has a capital investment in the company. She gets a share in profit and loss as well as remains active in management. But the outsiders are not aware of her being a partner. Mr Rishi spends more time than the other partners in business. This is the very reason that he gets ` 1 lakh extra on account of his salary per month. Vijay introduced capital in the business, but does not take part in the management of the company. The business of the firm is growing fast. With the increase in the size of the business, the number of partners is also increasing. By now, its number has reached 20.
Identify the type of partnership highlighted in the given case.
(a) General partnership
(b) Limited partnership
(c) Partnership at will
(d) Particular partnership
59. Which of the following types of partners is Miss Jyoti?
(a) Active partner
(b) Sleeping partner
(c) Secret partner
(d) Nominal partner
60. Identify the agreement on the basis of which Rishi gets his salary.
(a) Partnership deed
(b) Memorandum of association
(c) Both (a) and (b)
(d) None of the above
¿Cómo harías el marketing de tu producto?
Answer:
postearlo en redes sociales
Explanation:
Answer:
I don't understand
Explanation:
I don't know
(b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$
The revised overall due is $6,117.60. The early fee bargain amount is $416.88, and the new stability due after the bargain is $5,700.72.
(a) After correcting the mistakes within the itemization, the revised invoice desk must be as follows:
QTY. Ordered QTY. Shipped Description Unit Amount
44 ea. Sheets, king $45.10 $1,984.40
65 ea. Sheets, queen $39.60 $2,574.00
28 pkg. Pillow Cases, queen $17.85 $498.80
55 pkg. Pillow Cases, std. $17.35 $954.25
6 ea. Shams $33.25 $199.50
Invoice Subtotal $5,210.95
Shipping Charges of $131.50
Insurance $23.35
Invoice Total $5,365.80
(b) The variety of king-size sheets back is 4, and the quantity of queen-size sheets returned is three. The total cost of the back sheets may be calculated as follows:
4 * $45.10 (king-length sheet fee) + 3 * $39.60 (queen-length sheet rate) = $180.40 + $118.80 = $299.20
(c) The early fee bargain provided via the vendor is 8% of the product's fee. To calculate the bargain, we need to subtract the value of shipping and insurance from the invoice subtotal and practice the bargain percent:
Discount = 8% * (Invoice Subtotal - Shipping Charges - Insurance)
Discount = 8% * ($5,210.95 - $131.50 - $23.35) = 8% * $5,056.10 = $404.49
(d) The new balance due after making use of the cut price may be calculated by using subtracting the discount quantity from the bill overall:
New Balance Due = Invoice Total - Discount
New Balance Due = $5,365.80 - $404.49 = $4,961.31
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The correct question is:
"INVOICE Hamilton Mills No. 49485 INVOICE DATE July 9, 20xx 115 Rock Creek Road CUSTOMER'S Charlotte, North Carolina 28235 ORDER NO. 49485 SOLD TO: SHIP TO: SAME The Bedding Warehouse 406 Maple Road Franklin, VA 23851 SALESMAN SHIPPED VIA Federal Express TERMS Net 30 Days F.O.B. Charlotte, N.C. QTY. ORDERED QTY. SHIPPED DESCRIPTION UNIT AMOUNT 44 ea. Sheets, king $45.10 $1,984 40 65 ea. Sheets, queen $39.60 $2,57400 28 pkg. Pillow Cases, queen $17.85 $44980 55 pkg. Pillow Cases, std. $17.35 $954 25 6 ea. Shams $33.25 $299 50 $6,261.95 INVOICE SUBTOTAL SHIPPING CHARGES $131.50 Insurance $23.35 INVOICE TOTAL $6,416.80 Invoice Table QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $1,984.40 65 ea. Sheets, queen $39.60 $2,574.00 28 pkg. Pillow Cases, queen $17.85 $449.8 55 pkg. Pillow Cases, std. $17.35 $954.25 6 ea. Shams $33.25 $299.5 Invoice Subtotal $6,261.95 Shipping Charges $131.50 Insurance $23.35 Invoice Total $6,416.80 (a) You notice several errors in the itemization of the invoice. Correct the errors in the itemization ing the fol table $). QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $ 65 ea. Sheets, queen $39.60 $ 28 pkg. Pillow Cases, queen $17.85 $ 55 pkg. Pillow Cases, std. $17.35 $ 6 ea. Shams $33.25 $ $ Invoice Subtotal $ Shipping Charges $131.50 Insurance $23.35 Invoice Total $ (b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$ "
refer to the data below. this firm is: * 1 point captionless image a) selling its product in a purely competitive market. b) selling its product in an imperfectly competitive market. c) hiring workers in a purely competitive market. d) hiring workers in an imperfectly competitive market.
The firm is (a) selling its product in a purely competitive market and (c) hiring workers in a purely competitive market.
The inverse of perfect competition is a form of the market called imperfect competition. Compared to markets with ideal competition, these marketplaces are more realistic. Imperfect competition can take many different forms, including oligopoly, monopoly, monopsony, and monopolistic competition. These markets have products that are either inconsistent or lack close substitutes.
Due to the fact that the product pricing is the same for all units, the company is (a) selling its product in a market that is only competitive and (c) hiring employees in a market that is only competitive. Only in the ideal circumstance of a competitive market can this occur.
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A plan that formalizes the overall goals and objectives of a company in financial terms is called a?
A plan that formalizes the overall goals and objectives of a company in financial terms is called a master budget.
What is a budget?This refers to the proposed revenue to be earned and expenses to be incurred by an organization in the coming year. The goals of a budget is to have an overview of expected cost or to even attain certain goals.
A company may budget it's expenses for an entire year and after the budget period look back towards seeing how well they performed as regards keeping to their budget hence helps in Performance monitoring.
Budgets can be categorized into:
Personal BudgetCorporate BudgetGovernment Budget Master BudgetOperating BudgetIt is important to note that budget allows one to oversee and better understand whether a business or company has enough revenue to cover its expenses.
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(01.04 MC) Graph shows values along the horizontal axis and vertical axis. Coordinates are plotted to indicate two upward-sloping diagonal lines and two downward-sloping diagonal lines. Line 1 is a downward sloping line with point S at 300,300 and Point U at 200, 400. Line 2 is a downward sloping line with point T at 500, 300. Line 3 is an upward sloping line with Point S at 300, 300 intersecting line 1 at S and also intersecting line 2. Line 4 is an upward sloping line with point T at 500, 300 intersecting Line 2 Use the above graph to answer the following question. Which of the following may occur as a result of an increase in the price of iPods? (1 point) a Shift from line one to line two b Move from point S to point U c Shift from line two to line one d Move from point U to point S
A Move from point S to point U; b Move from point S to point U; c Move from point U to point S; an increase in the quantity required.
What is a good illustration of an equilibrium price?A store sells 1,000 spinning tops for $10 each from a factory. However, no one is willing to purchase them at that cost. The store reduces the price to $8 in order to increase demand. At that price, 250 customers are interested.
Using the supply and demand framework, we can predict how an event will affect the equilibrium price and quantity using a four-step process.
Let's imagine a single event has occurred to begin thinking about changes in equilibrium price and quantity. It could be a occurrence that has an impact on demand, such as a shift in income, population, preferences, the prices of alternatives or complements, or expectations regarding future prices. Alternately, it could be a occurrence that alters supply, such as a shift in the natural conditions, the prices of inputs, technology, or production-influencing government policies.
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Which position in a business manages cash and cash equivalents?
-financial accountant
-controller
-cost accountant
-treasurer
Answer:
Financial Accountant
Explanation:
You plan to operate a basketball camp during the summer at Duke University. The total number of participants is 200. Camp participants will stay three nights in the university dormitories, and each room will house two camp participants. Duke charges you $40 per room each night. Liability insurance to run the camp will cost $3,000. Meals for the three day camp will cost $6,000. Duke will not charge you for the use of the basketball facility. Nike will provide sporting goods to be used by, and given to, participants. You and your partner each want to make $8,000 profit from running the camp. How much will you have to charge each participant to meet your goal?
Answer:
$245 per participant
Explanation:
total number of participants = 200
total costs for 200 participants:
$40 per night x 3 nights x 200 = $24,000 for rooms$3,000 for insurance$6,000 for mealstotal costs = $33,000
if you want to earn $16,000 in profits ($8,000 each),
price per participant = ($33,000 + $16,000) / 200 = $49,000 / 200 = $245
True/False?higher-level corporate- and business-level strategies flow down to the process strategy.
Process strategy is the documentation and establishment of the processes that an organization uses to achieve its goals. True, higher-level corporate and business-level strategies flow down to the process strategy.
What does good documentation look like?
Project documentation includes things like project proposals, project plans, business cases, status reports, and so on. The most important rule of good documentation is to make it as inviting as possible. This means we should try to write it in as few words as possible without skipping any steps. We should avoid making assumptions about what our users may know. A simple document is one that is made up of electronic files that are 50 megabytes or less.
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Will we ever live in a world without scarcity? Explain.
Answer:
No, as some items are limited and its supply may not be able to meet the demand
Explanation:
e.g. water
there is limited water on earth and recycling water takes time and money
some places may experience drought, increasing demand of water more than what is available
water is then considered scarce in that area, at that point in time
Answer:
Maybe and no.
Explanation:
To answer this question, one must first understand and define scarcity. In one's definition, scarcity is the limited access to a needed supply or the inability to obtain a needed supply.
Following this definition, we can apply this to disparity found throughout the world. The two types of scarcity that are faced daily are natural scarcity and artificial scarcity. Natural scarcity is simply the lack of the necessary resources needed to provide a certain supply, think gold. Artificial scarcity is simply the control of a resource that isn't readily available to the masses although it could be easily, think drinking water.
As there are a finite amount of resources on the planet, the answer to the question "Will we ever live in a world without natural scarcity?" would be no since we can only harvest resources so quickly, and eventually, the resources will be depleted. The only way to solve this long term, it to find resources from other terrestrial bodies, such as asteroids. In the short term, this could be solved by increasing production, but that could lead to other potential problems.
As there will always be the unaccountable "human factor", the answer to the question "Will we ever live in a world without artificial scarcity?" would be maybe. As humans don't place the same value on things or each other, it's impossible to say if we as a species will ever eliminate artificial scarcity. An assumed large portion of artificial scarcity comes from human greed or indifference, since we as a species have the means to help one another, but for some reason or another choose not to.
One could hope that in the future, artificial scarcity will be eliminated, and an alternative resource stream can be found to extend the inevitable natural scarcity.
Hope this helps.
Cheers.
What is a negative effect of free trade agreements?
Answer: in particular deplorable working conditions, job loss, economic damage to some countries, and environmental damage globally.
Explanation:
in particular deplorable working conditions, job loss, economic damage to some countries, and environmental damage globally.
when benefit is constant, how to manipulate the cost to have
positive NPV (Net present value).
"
These are the following three measures to get a positive Net present value given below.
The concept of net present value (NPV) is employed to examine the feasibility of long-term investments or projects. NPV is defined as the difference between the present value of cash inflows and the present value of cash outflows. The NPV of a project is negative if the cost of the project exceeds the current value of its cash inflows.
For a project to have a positive NPV, its current value of cash inflows must be greater than the cost of the project. To achieve positive NPV when the benefit is constant, the cost must be lowered.
In order to get a positive NPV, a company must take the following measures:
Reduce the upfront cost: Decrease the initial cost of the project in order to increase the NPV. This may be achieved by lowering material or labor costs or finding a cheaper alternative.Reduce the long-term expenses: By minimizing operating and upkeep costs, you may maximize your NPV. Using less energy, for example, lowers energy bills and increases cash inflows. Similarly, utilizing eco-friendly equipment or reducing labor costs via automation may help minimize long-term expenses.Reduce the discount rate: The present value of future cash inflows is influenced by the discount rate. The present value of future cash flows will increase if the discount rate is decreased. By decreasing the discount rate, a company can boost NPV.Learn more about Net present value from the given link.
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Explore the public areas of dssresources.com. by preparing a list of its major available resources, and discussing a few important aspects of the Decision Support System needed in this 21st century. Provide and explain an example of a Decision Support System.
For example, https://www.microstrategy.com/en
The public areas of dssresources.com contains many resources that may be used as tools for understanding decision support systems. The following are the main resources available: Conferences and workshops, DSS Books, Case studies, DSS News, and DSS Links.
One important aspect of the Decision Support System in the 21st century is the ability to provide reliable and efficient data analytics. The data-driven decision-making technique has risen in popularity and is currently widely utilized in various sectors. Additionally, the Decision Support System must be equipped to handle a broad range of data sources and types.
The example of a Decision Support System can be seen in the healthcare industry. A system that monitors vital signs of a patient can be considered a Decision Support System. If a patient's heart rate exceeds or drops below a certain level, the system can send a notification to the care team. This allows the care team to provide prompt and adequate care to the patient. Additionally, data can be collected over time, which can be analyzed to determine patterns in patient behavior and disease progression.
The Decision Support System (DSS) is a computer-based information system that assists an organization's decision-making activities. It provides interactive support, directs decision-makers towards appropriate data, and aids in the solution process of unstructured and semi-structured problems. A DSS can be useful to managers who deal with planning, controlling, and decision-making of complex and uncertain situations.
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Regulators require a bank to hold some of its assets as reserves mainly to address:
a. liquidity risk.
b. trading risk.
c. credit risk.
d. operational risk.
Liquidity risk: Regulators require a bank to hold some of its assets as reserves in order to ensure that the bank has sufficient liquid assets to meet its financial obligations if a large number of customers come demanding their money at once. This helps to mitigate the risk of the bank running out of funds and not being able to meet its obligations.
What is financial?Financial management is the process of managing money and other financial resources in order to achieve personal and organizational goals. It can involve budgeting, accounting, investing, forecasting, and protecting assets. Financial management includes making decisions related to the acquisition, investment, and distribution of resources in order to maximize their potential return.
Therefore the correct answer is A.
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The rise or fall in the price of an item is an.example of which of the following?
O Inflation risk
O Personal risk
O Income risk
O Interest rate risk
Answer:
Inflation risk
Explanation:
I am taking a class this right now
Answer:
income risk
Explanation:
i do the test
a new developer joins the scrum team taking the total number to 11 people. as a scrum master, what should you do?A. Deliver a potentially releasable product Increment.B. Do all of the development work, except for design as the Designer is external to the team.C. Complete the project on time, on budget and within the defined scope.
The correct option is A. a new developer joins the scrum team taking the total number to 11 people. as a scrum master, Deliver a potentially releasable product Increment.
As a Scrum Master, the primary responsibility is to ensure the Scrum team is productive and adhering to the Scrum framework. With the addition of a new developer, the Scrum Master should ensure that the team remains on track to deliver a potentially releasable product increment at the end of each sprint.
This means ensuring that the team has the necessary resources, equipment, and support to complete the work within the sprint time-box. It is not the role of the Scrum Master to do the development work, and neither is it their responsibility to ensure the project is completed on time, on budget, and within the defined scope.
The Scrum framework is designed to manage complex projects, with the focus on delivering value, not meeting deadlines or staying within budget constraints.
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3) Order fulfillment involves all of the following business processes except:
A) checking the customer's credit.
B) assembling the product.
C) submitting the order.
D) making customers aware of the product.
E) shipping the product.
The correct answer is D) making customers aware of the product.
Order fulfillment typically encompasses the processes involved in receiving and processing customer orders, assembling or preparing the products, and delivering them to the customers. The options A, B, C, and E are all related to different stages of order fulfillment.
A) Checking the customer's credit is part of the order fulfillment process as it involves verifying the customer's creditworthiness and determining their eligibility for credit-based payment options.
B) Assembling the product is a crucial step in order fulfillment, where the ordered products are gathered, packaged, or prepared for shipment.
C) Submitting the order refers to the process of recording and entering the customer's order details into the business's systems or order management software.
E) Shipping the product involves packaging the ordered items, arranging for transportation, and delivering them to the customer's specified location.
However, making customers aware of the product is not directly associated with the order fulfillment process. It falls more within the realm of marketing and promotional activities that aim to create product awareness and generate customer interest before they place an order. While marketing efforts can influence the number of orders received, the actual order fulfillment process begins after the customer has made a purchase decision and submitted their order.
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Which factor of production refers to the goods and services used to create other goods and services?
Capital factor of production refers to the goods and services used to produce other goods and services.
The required details about Capital is mentioned in below paragraph.
Capital is a broad term that can describe anything that adds value or benefits its owners, e.g. a factory and its machinery, property such as patents or financial assets owned by a company or an individual. Although money itself can be interpreted as capital, capital is most commonly associated with money spent on production - or used for investment purposes. In general, capital is the key element for the daily functioning of the company and the financing of its future development.
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A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called a: Multiple Choice Cash budget. Capital expenditures budget. Rolling budget. Sales budget. Production budget.
A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called Capital expenditures budget
Capital expenditures budget shows the cash amounts estimated to be used up for the purchase of additional plant assets or expected from the sale of plant asset. Most Capital expenditures are usually for huge projects or for long term assets.After a financial evaluation to estimate if a company's return on investment targets are met, The Capital expenditure budget can then be reviewed to see what project to be done.Learn more here:https://brainly.com/question/15683430
a family gets 300 litres of free water,January has 31 days how many free kilolitres of water did this family get in January
Answer:
i think its 9300
Explanation:
you just say 300l multipled by 31days and you get 9300
Andy, brenda, carol, and david sell custom made sofas. Andy’s willingness to sell each sofa is $2200, brenda’s willingness to sell each sofa is $2500, carol’s willingness to sell each sofa is $3200 and david’s willingness to sell each sofa is $4000. Assuming each individual can only sell one sofa at a time, what is total producer surplus if the market price for sofa is $3000?.
Andy’s willingness to sell each sofa is $2200, brenda’s willingness to sell each sofa is $2500, sofa is $3200 and david’s willingness to sell each sofa is $4000. Total producer surplus =1300
$1,300 - Because their readiness to sell price is less than the real selling price, only Andy and Brenda will be willing to sell their sofa at the market price of $3,000. In calculating producer surplus, consider: market price minus seller reluctance
Producer surplus for Andy: 3000 - 2200 = 800
Brenda 3000 - 2500 = 500 is the producer surplus.
800 + 500 = 1300 in total producer surplus
A cushioned piece of furniture with several seating options is referred to as a couch, also known as a sofa, settee, or chesterfield.
Even though a sofa is typically used for seating, it can also be used for sleeping.
[3] The family room, living room, den, or lounge are typically where sofa are placed in homes.
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Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.
Answer:
Answer C
Explanation:
Answer:C)
Explanation:just got it right<3
Valentino & Oaks Footwear sells 100 units of one of a famous brand daily. The supplier takes two days to deliver more, and they want to have a safety stock of three day's sales.
At what quantity should the inventory manager place his/her next order?
PLEASE TELL ME THAT SOMEONE KNOWS REORDER POINTS
Answer:
500 units
Explanation:
In inventory management, the reorder point is the inventory level, where a business needs to issue a purchase order for more stocks. The reorder point is influenced by delivery time, desired safety stock, and the average daily sales.
The formula for calculating the reorder point is as follows.
Reorder point = ( average daily sales x delivery lead time) + safety stock
In this case,
Reorder point = (100 x 2) + (100 x3)
= 200 +300
=500 units
1. During light phase of photosynthesis. Medien
is oxidised and MANA
is
reduced.
Explanation:
The light reaction takes place in thylakoid discs. There, water is oxidized and oxygen is released. The hydrogen is accepted by NADP and hence get reduced to NADPH 2process
of dividing a large market into smaller groups
Answer:
Market segmentation
Explanation:
Market segmentation, the process of dividing a larger market into smaller pieces based on one or more meaningful, shared characteristics, is a way of life for almost all marketers in both consumer and business-to-business markets.
can you please mark me 'Brainliest'? thanks
Under the __________ ___________, each country set a number of units of its currency equal to an ounce of gold, and the ratios of these units of gold equivalence established the exchange rate between two currencies.
Under the gold standard, currencies were fixed to specific amounts of gold, providing stability in international trade, but it was later abandoned for flexible exchange rates and fiat currencies.
Under the gold standard, each country set a fixed exchange rate between its currency and a specific amount of gold. This meant that the value of a country's currency was directly tied to a set amount of gold.
The exchange rate between two currencies was determined by the ratio of their respective gold equivalences. This system provided stability and predictability in international trade as the value of currencies was linked to a tangible and relatively stable asset (gold).
However, the gold standard was gradually abandoned by most countries in the 20th century in favor of flexible exchange rates and fiat currencies.
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Calculate the total change in aggregate spending if investment increases by $150 billion and the marginal propensity to consume is 0.8.Aggregate demand ___ by $_____ billion.
If investment increases by $150 billion and the marginal propensity to consume is 0.8, the total change in aggregate spending would be:
Total change in aggregate spending = $150 billion x (1/1-0.8)
Total change in aggregate spending = $150 billion x 5
Total change in aggregate spending = $750 billion
Therefore, aggregate demand would increase by $750 billion.
To calculate the total change in aggregate spending, you'll need to use the spending multiplier formula, which is:
Multiplier = 1 / (1 - Marginal Propensity to Consume)
In this case, the marginal propensity to consume (MPC) is 0.8, so the spending multiplier would be:
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
Now, multiply the change in investment ($150 billion) by the spending multiplier:
Total change in aggregate spending = Multiplier x Change in investment
Total change in aggregate spending = 5 x $150 billion = $750 billion
So, aggregate demand increases by $750 billion.
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QUESTION 1 of 10: Large-cap stocks have a market capitalization of:
0 0 0 0
a) Between 300 million and 2 billion
b) Between 10 billion to 200 billion
c) Between 200 billion and 500 billion
d) Between 500 billion and 900 billion
a marketer using a price skimming strategy will likely _____ once the initial demand for the new product is met.
A marketer using a price skimming strategy will likely lower the price once the initial demand for the new product is met.
A price skimming strategy involves initially setting a high price for a new product to target early adopters and capture maximum profit. Once the initial demand from these early adopters is satisfied, the marketer will lower the price to attract a broader customer base. This strategy allows the company to maximize revenue in the early stages of product launch when demand is high and then gradually expand its market share by making the product more affordable. Lowering the price helps to penetrate the market further and sustain sales growth beyond the initial phase of high demand.
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Swifty Racers makes bicycles. It has always purchased its bicycle tires from the Carla Vista Tires at $24 each but is currently considering making the tires in its own factory. The estimated costs per unit of making the tires are as follows: Direct materials $8 Direct labor $4 Variable manufacturing overhead $7 The company’s fixed expenses would increase by $68,000 per year if managers decided to make the tire. (a1) Calculate total relevant cost to make or buy if the company needs 10,800 tires a year.
To calculate the total relevant cost to make or buy tires, we need to consider the total cost of making the tires and compare it to the cost of buying them.
Buying the tires:
Cost per tire = $24
Total cost for 10,800 tires = $24 x 10,800 = $259,200
Making the tires:
Direct materials cost per tire = $8
Direct labor cost per tire = $4
Variable manufacturing overhead per tire = $7
Total variable cost per tire = $8 + $4 + $7 = $19
Total variable cost for 10,800 tires = $19 x 10,800 = $205,200
In addition to the variable costs, there are fixed costs associated with making the tires. The fixed expenses would increase by $68,000 per year if the company decided to make the tires. To calculate the total cost of making the tires, we add the variable costs and the fixed costs:
Total cost of making 10,800 tires = $205,200 + $68,000 = $273,200
Comparing the total costs:
Buying 10,800 tires = $259,200
Making 10,800 tires = $273,200
Based on these calculations, it is more expensive to make the tires than to buy them. Therefore, Swifty Racers should continue to purchase their bicycle tires from Carla Vista Tires.
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