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nika2105 [10]
3 years ago
11

Suppose that the nominal exchange rate between the US dollar and the Canadian dollar is 0.75 US dollars per Canadian dollar. If

Canada's rate of inflation is 0 percent and the US rate is 10 percent, then the real exchange rate (real US dollars per real Canadian dollar) will
A. depreciate by about 9 percent.
B. appreciate by exactly 10 percent.
C. depreciate by exactly 10 percent.
D. appreciate by about 9 percent.
Business
1 answer:
Goryan [66]3 years ago
5 0

Answer:

option (c) depreciate by exactly 10 percent

Explanation:

Data provided in the question:

Canadian dollar = 0.75 US dollars per Canadian dollar

Canada's rate of inflation = 0 percent

US rate of inflation = 10 percent

Now,

The percentage change in real exchange rate

= percentage change in nominal exchange rate - (Domestic inflation - Foreign inflation)

= 0 - (10 percent - 0 percent )

= - 10 percent

Here,

the negative sign depicts that the exchange rate will depreciate

Hence,

the answer is option (c) depreciate by exactly 10 percent

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The correct answer is - the number of hours he works at each job.
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3 years ago
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John is a drummer who purchases his drumsticks online. When practicing with the newest pair, he notices they feel heavier than u
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Answer:

0.0042 is the probability of the stick's weight being 2.33 oz or greater.  

Explanation:

We are given the following information in the question:

Mean, μ = 1.75 oz

Standard Deviation, σ = 0.22 oz

We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.

Formula:

z_{score} = \displaystyle\frac{x-\mu}{\sigma}

P(stick's weight being 2.33 oz or greater)

P(x > 2.33)

P( x > 2.33) = P( z > \displaystyle\frac{2.33 - 1.75}{0.22}) = P(z > 2.6363)

= 1 - P(z \leq 2.6363)

Calculation the value from standard normal z table, we have,  

P(x > 2.33) = 1 - 0.9958 =0.0042= 0.42\%

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

6 0
3 years ago
Creative Sound Systems sold investments, land, and its own common stock for $37.0 million, $14.3 million, and $38.6 million, res
worty [1.4K]

Answer:

$18.3 million

Explanation:

Financing activities: It includes those activities which comes under the long term liabilities and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption, dividend, and the purchase of treasury stock is an outflow of cash.

The computation of the amount reported as a net cash flows from financing activities is shown below:

Cash flow from Financing activities  

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Net Cash flow from Financing activities           $18.3 million

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3 years ago
How much money is wasted on fraudulent health products each year.
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Answer:

60 billion

Explanation:

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Hope this helps :)

Have a nice day!

8 0
2 years ago
According to this case study, what is an upcoming key technology that will be used in retail stores to improve customer service?
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Answer:

 

1. According to the case study (copy attached) "the upcoming technology that will be used in retail stores to improve customer service is the Scan As You Go Mobile Devices".

2. It is currently being used by sales officers in some shopping malls to scan items on the spot and let customers pay without going through the cash registers.

It is also being used to help customers take advantage of discounts and coupons on items being purchased. The effect is that customers spend 10% when they shop using this technology.

3. In the future, the customers will be able to check out using their smartphones.

4. According to the case study, the technology referred to in 3 above is already pioneered by Apple Stores.

Cheers!

Download txt
5 0
2 years ago
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