The price of a basket of goods and services in the U.S. is $600. In Canada the same basket of goods costs 700 Canadian dollars. If the nominal exchange rate were 1.2 Canadian dollars per U.S. dollar, what would be the real exchange rate? 700/600 600/700 700/720 None of the above is correct.
Answers
The real exchange rate would be 600/700, or approximately 0.8571.
To calculate the real exchange rate, we need to divide the price of the basket of goods in the U.S. by the price of the basket of goods in Canada, adjusted for the exchange rate. In this case, the price of the basket of goods in the U.S. is $600, and in Canada it is 700 Canadian dollars.
To adjust for the exchange rate of 1.2 Canadian dollars per U.S. dollar, we need to convert the Canadian price into U.S. dollars by dividing by the exchange rate: 700/1.2 = $583.33. Then, we can calculate the real exchange rate by dividing the U.S. price by the adjusted Canadian price: 600/583.33 = 1.0286.
This means that the Canadian dollar is overvalued relative to the U.S. dollar by approximately 2.86%.
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Related Questions
Predatory lenders get their negative reputation from . . .
a. Discreetly selling personal bank information
b. Limiting the amount of time a borrower has to use a loan
c. Taking advantage of people during the Great Depression
d. Charging high fees for loans and targeting desperate people
Answers
Predatory lenders get their negative reputation by Charging high fees for loans and targeting desperate people. The correct option is d.
Who are predatory lenders?Predatory lenders are those practices, broadly defined, that are the fraudulent, deceptive, and unfair tactics some people use to dupe us into mortgage loans that we can't afford. Burdened with high mortgage debts, the victims of predatory lending can't spare the money to keep their houses in good repair. They strain just to keep up with their mortgage payments. Often, the strain is too much. They succumb to foreclosure. Their houses have been stolen from them.
The Office has prosecuted and will continue to prosecute the worst predatory lenders.
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What type of special title insurance policy is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed
Answers
Answer:
A vendee policy.
Explanation:
A vendee policy is a type of special title insurance policy that is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed.
This ultimately implies that, a vendee policy is an equitable buyer's lien issued to the purchaser of a real estate property in order to protect them in terms of repayment of the money being made as payment. It serves as a form of security for the buyer of a real estate property and as such it is enforceable by a court of competent jurisdiction.
A manager has 20 people report to her. Every year the manager is required to complete an evaluation of each worker's performance for the past year. If it takes approximately 40 minutes to complete an evaluation, how many hours will it take the manager to complete all of the evaluations (round to the nearest hour)?
Answers
The number of hours that it will take the manager to complete all of the evaluations is 13 hours.
From the information given, a manager has 20 people report to her and it takes 40 minutes to complete an evaluation, therefore, the number of hours to attend to all the people will be:
= 40 minutes × 20
= 800 minutes.
Therefore, converting 800 minutes to hours will be:
= 800 / 60
= 13.33 hours.
= 13 hours to nearest hour.
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[04.04MC]
Which of the following actions would the Federal Reserve most likely take during
an economic recession? (5 points)
Increase reserve requirement
Raise interest rates
Lower discount rate
Sell government securities
Answers
Answer:
Lower discount rate
Explanation:
When commercial banks and other institutions borrow from the federal reserve, they repay at an interest rate known as the discount rate. The discount rate becomes the benchmark for inter-bank borrowing, and by extension, loans to customers. An increase or decline in the discount rate results in banks' interest rates moving in the same direction.
A recession is a business cycle where the growth rate is very low or negative. It is associated with low demand for goods and services, a high unemployment rate, and reduced production. The federal reserve intervenes by employing measures to stimulate production and growth.
In reducing the discount rate, banks' interest rates will reduce. The costs of borrowing money decreases. Firms and households can borrow money for consumption and investment. Reducing the discount rate increases the money supply in the economy. Demand for products and services goes up, which stimulates more production and growth in the GDP value.
Answer:
Lower discount rate
An inter vivos transfer is a gratuitous transfer of property by an individual that occurs at death. True or False.
Answers
False. An inter vivos transfer is a transfer of property made during one's lifetime, not at death.
An inter vivos transfer is a transfer of property made during one's lifetime, not at death. It is a legal term that refers to a gift or transfer of assets between living individuals. In other words, it is a transfer that takes place while the donor is alive and can be done voluntarily and without compensation. Examples of inter vivos transfers include gifting money or property to a family member or setting up a trust to transfer assets.
On the other hand, transfers of property that occur at death are referred to as testamentary transfers. These transfers take effect upon the death of the individual and are typically governed by a will or other estate planning documents. Testamentary transfers involve the distribution of assets according to the deceased person's wishes as expressed in their will or through the applicable laws of intestacy if there is no will.
In summary, an inter vivos transfer occurs during one's lifetime, while a transfer at death is a testamentary transfer that occurs after death.
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Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answers
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
Is eating a tomato bias?
Answers
Answer:
hindi ko po maintindihan ang tinatanong nyo
Explanation:
sa susunod po kumpletuhin nyo para masagut ko ang tanong mo
Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?
I got it
is retail trade
and 7%
Answers
Answer:
I. Retail industry
ii. 7%
Explanation:
Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.
Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc
In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.
Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.
Answer:
Retail Trade
7%
Explanation:
Edge 2020
20) markets buy goods and services for further processing. a) business b) reseller c) wholesale d) consumer e) retail
Answers
Any location—in person or online—that makes it possible for buyers and sellers to exchange items is referred to as a marketplace. Transactions take place in both ways, not just one, in a marketplace, which sets it apart from a retail store.
What industries purchase products and services for further processing?Business marketplaces are those where items are purchased for further processing or usage in the industrial process.Consumer markets are generally made up of goods that individuals use on a daily basis. A person enters the consumer market if they buy something for their own use. Food, beverages, transportation, and retail are the usual four divisions of the market.All people and families who purchase products and services for their own use are considered to be part of the consumer market.Logistics is the planning, organizing, and supervision of the transportation, storage, and delivery of goods and services from their point of origin to their destination.A business market is a strategy a business use to offer goods or services to a certain clientele. Business markets typically facilitate sales between businesses when one business intends to reuse or resell the goods or services of another company.To Learn more about marketplace refer:
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why is it important to examine demand relationships
Answers
Answer:
together they determine the prices and quantities of most goods and services available in a given market.
Explanation:
Supply and demand have an important relationship because together they determine the prices and quantities of most goods and services available in a given market. According to the principles of a market economy, the relationship between supply and demand balances out at a point in the future.
Advertisers are starting to use more models and spokespersons who are racially and/or ethnically ambiguous because:
Answers
Advertisers are starting to use more models and spokespersons who are racially and/or ethnically ambiguous to depict the diversity of races and ethnicities residing in America. Hence, Option D is correct.
What is the diversity of races and ethnicities?Diversity is the integration of culture, experience, and people. To measure the diversity, there are various scales like age, race, sex, economy, and many more. Basically, diversity is a combination of things that are different from each other.
"Diversity of race" means when people who have different physical traits are placed in a single group. It is a social construct, not defined in biological terms. Diversity of ethics means difference in opinion on a single point among people of the same organization.
The complete question is attached in an image form in the last.
Thus, option D, to depict the diversity of races and ethnicities residing in America, is correct.
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What was in the sealed box from the Virginia Company in England that the settlers
A opened once they arrived?
B guns and weapons for protection from Indians
C gold
D the names of the seven men who would be the leaders
E a map that showed where the gold was
Answers
Answer:
B
Explanation:
Answer:
The Virginia Company sent a list of seven qualified men who could serve on a council and be the leaders. The company leaders did this because they knew the men would have a hard time agreeing on who should be the leaders.
Explanation:
Susan jones purchased 1,000 shares of lmn corporation on august 1st, 2019. On may 15th, 2022, susan died, and her shares were inherited by her niece. Which characteristic of the corporate form of business allows the daily operation of lmn to be unaffected due to the death of a stockholder?.
Answers
Continuous life characteristic of the corporate form of business allows the daily operation of LMN to be unaffected due to the death of a stockholder.
What is Continuous life characteristic of the corporate business ?A corporation's life is specified in the charter that the state grants it, and the majority of contemporary companies choose to have a permanent existence. A corporation's ability to continue as a going concern is unaffected by the resignation, death, or disability of a stockholder, worker, or officer since it is a separate legal entity.
A company is considered to have "continuous life" if its owners shift or pass away because this does not cause it to end. Contrary to partnerships, a corporation remains in operation until it is terminated by its owners or by a governmental body.
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In a hypothetical country, the population is expected to increase by 25% following recent legislation relaxing the barriers that restrict immigration. It is expected that the new immigrants will purchase the same goods and services as the current population does. If all other economic forces are held constant, how would this increase in population influence demand? HELPPP How Markets Work Unit Test
Answers
The increase in population would lead to an increase in demand.
As a result of the legislation which would increase population, there would be a great influx of people into the hypothetical country. As a result, there would be an increase in demand for good and services. This would lead to a rightward shift of the demand curve while the supply curve remains unchanged.
As a result of demand been greater than supply, Equilibrium price and quantity would increase.
Please check the attached image for a diagram showing increase in demand on the demand curve
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Answer:
Shift the demand curves for all goods and services to the right
Explanation:
I need help!
The management of a large hotel in your country is considering ways of increasing room occupancy during the five off-peak months of the year. The hotel has very good leisure facilities, including a spa with heated indoor pool and beauty treatments. It has a very large room that is only used for wedding receptions about 30 times during the year. The hotel's restaurant has a very good reputation for food quality and providing value for money.
Develop a marketing strategy that might be used by the hotel to increase room occupancy during the five off - peak months of the year.
Answers
Answer:
For the off-peak months of the year, the best marketing strategy would be a combination of offering lower prices, and an increased spending in advertising.
The lower prices can attract potential customers who are otherwise unwilling to go to the hotel during the off-peak period, and the increased spending in advertising can attract more customer, enlarging the potential customer base, or customer pool.
There will be a higher equilibrium price and quantity if _____.
a. demand increases and supply stays the same
b. supply increases and demand decreases
c. supply increases and demand stays the same
d. supply increases and demand increases
TIMEDDDD HURRY PLEASEE
Answers
Answer:
I think the answer would be D
Explanation:
Every employment relationship is based on an agreement, either verbal or written, between the employer and the employee. 1. Discuss what is required to make an employment agreement legally binding. 2. Describe the advantages of a written contract. 3. Describe the risk of a verbal agreement.
Answers
1. In order to make an employment agreement legally binding, it must contain the following components:Offer: An offer must be made by the employer, which the employee can choose to accept or decline.
2. Written contracts provide several advantages, including the following:The details of the agreement are put in writing, and both parties have a clear understanding of what is expected of them.It serves as evidence of the terms and conditions agreed upon.The written document is legally binding and enforceable in a court of law.It serves as a point of reference in the event of any disputes or misunderstandings between the parties.
3. Verbal agreements have certain risks associated with them, such as the following:Lack of clarity: There may be misunderstandings or differences in interpretation because verbal agreements are not put in writing.Both parties' recollections of the terms and conditions of the agreement may differ.There is no evidence of the agreement's existence and terms.It is difficult to enforce verbal agreements.
An agreement must be reached between the employer and the employee on the terms and conditions of the employment relationship.Consideration: Both parties must receive some kind of benefit from the agreement.Legality: The employment agreement must be in accordance with the law.
An employment relationship is formed between an employer and an employee, and an agreement is necessary to form it. A legally binding employment agreement must include the following components: offer, agreement, consideration, and legality. Written contracts have advantages such as clarity, evidence, enforceability, and serve as a point of reference. Verbal agreements have risks like misunderstandings, differences in interpretation, no evidence, and difficulty in enforcing.
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an insured savings account is also known as a _______ savings account
Answers
Answer:
An FDIC insured account
Explanation:
A bank account at an institution where deposits are federally protected against bank failure or theft.
The amount you plan to spend on Each promotional strategy
Answers
Answer:
Brand image goals
Stagflation is a:
A) situation of low inflation and low unemployment
B) combination of inflation and recession
C) combination of deflation and recession
Answers
Stagflation is a combination of inflation and recession. The correct option is B.
Stagflation is a term used to describe an economy that is experiencing both high inflation rates and stagnant economic growth or recession. It is a challenging economic situation because policymakers often have to choose between combating inflation or stimulating economic growth, as the two goals can be at odds with each other.The correct option is B.
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John own a townhoue that he rent out he decided to ell the townhoue the title company told John he i the only ignature required what ownerhip doe John have
Answers
The correct response is c) Estate in severalty. John have Estate in severalty.
Any of the assets that make up a person's net worth, including all real estate, personal property, investments, cash, and other assets that they own or control, are collectively referred to as their estate. Latin and maybe French are the origins of the word estate. Status is a combination of the Latin words stare, which means to stand, and status, which means state or condition. Status' French equivalent is estat. They reside on/in a housing estate, which is a place where many homes or apartments were constructed nearby and at the same time. An estate may consist of a person's home and other real estate holdings, as well as priceless items like jewellery and works of art, as well as monetary assets like stocks and bonds.
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John and Maria are married and own a home together. John is a partner in a law firm, and the partnership owns an office building. John owns a townhouse that he rents to a young couple. John has decided to sell the townhouse, and the title company has told that only his signature will be required to sell the property. Based on this information, what type of ownership does John have?
a) Tenancy by the entirety
b) Partition
c) Estate in severalty
d) A syndicate
In 1984, sales of prerecorded cassettes surpassed vinyl LPs for the first time aided in large part by the popularity of the:
a) Walkman
b) iPod
c) Discman
d) Gramophone
Answers
In 1984, sales of prerecorded cassettes surpassed vinyl LPs for the first time aided in large part by the popularity of the Walkman.
The Walkman was an innovative portable cassette player that was introduced by Sony in 1979, and it quickly became a cultural phenomenon.The Walkman made music portable and personalized for the first time, allowing people to listen to music on the go without being tethered to a bulky stereo system. It was small enough to fit in a pocket or purse and featured a headphone jack that allowed people to listen to their music without disturbing others.In addition to its portability, the Walkman's popularity was also fueled by the rise of the cassette tape. Cassettes were smaller and more durable than vinyl records, making them easier to transport and less susceptible to damage. They also allowed for longer playing times, which meant that people could enjoy entire albums without having to flip over a record or change a disc.The Walkman remained popular throughout the 1980s and 1990s, and its influence can still be felt today in the form of digital music players like the iPod. While the technology may have changed, the desire for portable and personalized music remains the same.
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Type the correct answer in the box. Spell all words correctly.
What need is influenced by an individual’s personality, culture, and environment?
______ are needs that are influenced by an individual’s personality, culture, and environment, while needs are essential to human life.
Answers
Answer:
WANTS are those needs(things that u don't need that moment like cars etc) which influence one personality, culture and environment.We can measure total consumer surplus for good X as: the sum of the individual consumer surpluses for all buyers of X. the area above the demand curve for X and below the price of X. the area bounded by the demand curve for X and the two axes. the area above the supply curve for X.
Answers
Total consumer surplus for a good X can be measured by calculating the area above the demand curve and below the price of X.
Consumer surplus represents the difference between the maximum price that buyers are willing to pay for a good and the actual price they pay. It measures the benefit or value that consumers receive from purchasing a good at a price lower than their willingness to pay.
By summing up the individual consumer surpluses for all buyers of good X, we can determine the total consumer surplus. The area above the demand curve and below the price represents the aggregated benefit or surplus gained by all consumers in the market.
The area above the demand curve for X and below the price of X.
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List 4 stakeholders
Answers
Answer:
Employees,Governments,Local communities,customer
Charlie represents Sue, a buyer, in a transaction. A licensee from another firm represents the seller, Claude. Claude will pay a 6% commission to his listing firm, and that firm will split the commission with Charlie's firm. Charlie will be compensated through his brokerage. What's true about this situation
Answers
The truth that is presented in this situation is the fact that this does not change the agency relationship.
What is agency relationship?
This is a type of relationship that exist where by a given principal would employ an agent who acts on his behalf concerning dealings with other people.
Even though Charlie is representing Sue and the firm has to split commissions it would not affect the relationship.
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Which form of ownership is used when someone wants to expand and invites a friend to make a joint business venture and they will share profits according to agreement and decide responsibility and take part in decision making and use their skills and expertise the business
Answers
The form of ownership used when someone wants to expand their business by inviting a friend to make a joint business venture is a partnership.
Partnerships can be either general or limited. In a general partnership, all partners share equal responsibility and decision-making power, and they are all liable for the debts and obligations of the business. In a limited partnership, there are two types of partners: general partners and limited partners.
General partners have unlimited liability for the business, while limited partners have limited liability and do not participate in the day-to-day management of the business.
In the scenario you provided, the friends would likely form a general partnership where they share the responsibility for managing the business and making decisions together. They would also share the profits and losses of the business according to their agreed-upon terms. Each partner would bring their unique skills and expertise to the venture, and they would work together to grow the business.
Overall, a partnership is an excellent form of ownership for friends who want to expand their business together because it allows them to combine their skills and resources while sharing the risks and rewards of the business.
However, it is important to have a clear partnership agreement in place that outlines the roles, responsibilities, and expectations of each partner to avoid any misunderstandings or disputes down the line.
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Dash Plumbing is an established company with 12 employees and a small office in the suburbs of Atlanta. The company had an old copier that was breaking down often, to the dismay of the staff, and it had the resources to buy a new one. Which best describes this situation
Answers
Answer:
The people at dash plumbing are in the market for a new copier
Explanation:
Since in the question it is mentioned that Dash publishing is an established company that has 12 employees and has a small office in Atlanta. Also the old copier breaks down and the resources to purchase
So the given situation represent that the dash plumbing people come in the market for a new copier and the same is to be considered
3.
What is the importance of trade?
Answers
What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answers
Answer:b
Explanation: