Answer:
The amount of Kroner that can be bought from 1/5 of one dollar.
Step-by-step explanation:
We have been given that goods that cost 1/5 of one dollar in the U.S. cost one kroner in Denmark. We are asked to find the the real exchange rate that would be computed as how many Danish goods per U.S. goods.
The real exchange rate tells us how much foreign currency can be exchanged for a unit of domestic currency.
It also tells us that how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.
Therefore, the real exchange rate would be the amount of Kroner that can be bought from 1/5 of one dollar.
Answer:
slope is the ratio of the vertical and horizontal changes between two points on a surface or a line. The vertical change between two points is called the rise, and the horizontal change is called the run.
Step-by-step explanation:
To know the horizontal change between two points you need to know the two points.
Hi ky name is ni ole and i xont know the ansewer bye
The answer is
-15See the attached image for the steps on how I got that answer.
Answer is option 4. working out attached
hope it helps :)