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slava [35]
3 years ago
8

When an economist says that a currency has become stronger he or she means that?

Business
2 answers:
lilavasa [31]3 years ago
6 0
A strong currency occurs when the value of a country's currency has risen to a level against another currency that is near historically high exchange rates. This means that a currency is worth more relative to other currencies. Because most currencies are floating, their values vary according to market trends. When one unit of currency trades for more units of another, it is said to be a strong currency. The advantage of this is, travelers are able to go abroad while spending less of their money, also it makes exports more expensive in other countries.
Blababa [14]3 years ago
5 0
It can be exchanged for more of a foreign currency
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2 years ago
I need help with economic hw can someone come up with a example for scarcity and choice, opportunities cost
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4 0
3 years ago
The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate
Lelechka [254]

Answer:

$606,375

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning dividend payable  + cash dividend declared - ending dividend payable

= $167,625 + $585,000 - $146,250

= $606,375

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5 0
3 years ago
The amount of a real estate broker's commission is
zvonat [6]

In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:

There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.

8 0
2 years ago
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,100 units, its aver
Lina20 [59]

Answer:

$63,140

Explanation:

For computing the total amount of product cost first we have to find out the total product cost per unit which is shown below

Direct material cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit.

= $6.70 + $3.40 + $1.50 + $3.80

= $15.40

Now the

Product cost is

= units produced × cost per unit

= 4,100 units × $15.40

= $63,140

We simply applied the above formulas

4 0
3 years ago
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