Answer:
$1 = 122.84 Hungarian Forint
Explanation:
<em>The purchasing power parity theory states the future spot rate and and he current spot exchange rate between two currencies can be linked to the relative inflation rate between the two currencies. This also known as the law of one price.
</em>
The model is given as follows:
S = So× (1+Fc)/(1+Fh)
Fc - inflation rate in Hungary - 6.9%
Fh- Inflation rate in the US- 2.8%
S- Future spot rate- ?
So- Current spot rate-188.13
Expected exchange rate one year from now
118.13× (1.069)/(1.028)
=122.8414
= 122.84 Hungarian Forint
$1 = 122.84 Hungarian Forint
Answer:
A) Wear safety eye wear and butyl-lined gloves when connecting/disconnecting hoses.
Explanation:
Refrigerants are chemicals which are used in refrigerators to cool an item, basically a chemical formula which provides the ability to cool down.
Butyl-lined gloves are hard and do not get cool immediately, and that is why those gloves shall be used, also safety eye wear shall also be worn, as this will help to avoid the reaction of chemical in eyes, as the chemical might cause irritation in eyes.
Answer:
True
Explanation:
Socialism is an <em>economic system that statutes that every individual in society equally owns the factors of production (labor, capital goods, natural resources, and entrepreneurship)</em>, this definition match's this person's beliefs.
I hope you find this information useful and interesting! Good luck!
<span>The given statement that is false. </span>
<span> In analyzing a market system, economists do not assume that firms
will choose the production techniques that will give them the maximum
revenues. </span>Instead, economists assume that firms will choose the production technique that will use the resources the best and most efficient way. This is because economics is concerned with the best use of scarce resources to achieve maximum satisfaction of economic wants.