1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Levart [38]
3 years ago
15

In the U.S. a candy bar costs $1. If the nominal exchange rate were 6 Chinese yuan per dollar and the real exchange rate were 1.

2, then, what would be the price of a candy bar in China? a. 5 yuan b. 7.2 yuan c. 3.6 yuan d. 6 yuan
Social Studies
1 answer:
stich3 [128]3 years ago
5 0

Answer:

Hence correct option is b i.e 7.2 yuan.

Explanation:

Given data;

candy bar cost is $1

Nominal exchange rate =  6 yuan equal to 1 dollar

Real exchange rate is = 1.2 dollar per 6 yuan

Therefore price for one candy at china will be  = 1.2 \times 6 = 7.2

The price of candy bar at china is = 7.2 yuan

Hence correct option is b i.e 7.2 yuan.

You might be interested in
Ben recently lost his job at a major U.S. auto plant in one of the rust belt states. After looking unsuccessfully for work in a
jolli1 [7]

Answer:

D.By increasing government spending through road and bridge repair and construction, the government will intervene in the free-market economic system to help jump-start a weak economy.

Explanation:

Keynesian economics is a theory that says the government should increase demand to boost growth. Keynesians believe consumer demand is the primary driving force in an economy. As a result, the theory supports expansionary fiscal policy. As seen in the case of Ben.

8 0
2 years ago
Dana is persuasive because, above all, she appeals to her audience's sense of reason. What type of appeal does this illustrate
umka21 [38]

Answer:

Logos

Explanation:

Logos is the appeal out of the three types that appeals to reason

8 0
2 years ago
The identity status characterized by a lack of commitment to any goals or values is ____
padilas [110]
<span>still searching for meaning in their life. They may also have self esteem or mental health related issues that have not been diagnosed, such as PTSD. The person may have goals and values, but do not want to share these with others, so they appear to have a lack of commitment.</span>
8 0
2 years ago
WILL GIVE BRAINLIEST REPORTING SPAM AND LINKS
Nina [5.8K]

Answer:

The Frank case not only was a miscarriage of justice but also symbolized many of the South's fears at that time. Workers resented being exploited by northern factory owners who had come south to reorganize a declining agrarian economy.

Explanation:

Hope this helps! sorry if its wrong or-

5 0
2 years ago
Explain one consistent concern that the anti-federalist voiced towards the constitution and the creation of a new government? (D
Marina86 [1]

One consistent, major concern of the Anti-Federalists was the fear that the new National government would be too powerful- threatening individual liberties/rights of the people.

3 0
3 years ago
Other questions:
  • What is not a successful strategy for gaining public-speaking confidence?
    8·1 answer
  • _____ is a specific form of express authority that grants an agent specific powers.
    8·1 answer
  • There are both Pure Markets and Pure Command economies in the world today. Question 14 options: True False
    15·2 answers
  • Who is the minister of germany
    15·2 answers
  • While waiting to pay for his weekly groceries at the supermarket, Paul had to wait about 20 minutes in a long line at the checko
    12·1 answer
  • Which is a jewish holy book<br><br>1) Vedas<br>2) Torah<br>3)Upanishads <br>4) Dao de Ching
    15·2 answers
  • help plzzzzzzz. Part A What claim does the author make about binge-watching in the PRO section of the Newsela article "PRO/CON:
    6·2 answers
  • There will be wide participation of people in the federal system.How?Write in a sentence​
    5·1 answer
  • What were living conditions like for soldiers who fought in Vietnam Dear
    8·1 answer
  • summarize the five fundamental principles of ethics as articu- lated by the international ethics standards board for accountants
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!