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devlian [24]
3 years ago
13

Which of the following statements is true of purchasing power parity (PPP)?

Business
1 answer:
ycow [4]3 years ago
3 0

Answer:

d. It is an adjustment to reflect the differences in cost of living among different countries.

Explanation:

Purchasing power parity (PPP) calculates the cost of living, as it determines the value of goods or services, that can be purchased, by different currencies.

As with the purchase of goods or services in different currencies value of money is calculated in each currency, and accordingly it reflects the cost of living among different countries.

Therefore, correct statement is,

Statement d.

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You are interested in purchasing a digital camera and find one priced extremely low. As you are about to purchase the camera, yo
CaHeK987 [17]

Answer:

low-ball technique

Explanation:

Based on the scenario being described it seems that you have been a victim of the low-ball technique. This is a persuasion tactic in which an item is marked at a very tempting low price in order to get customers to commit to the purchase, but when they do commit the price is increased in one way or another. Which in this case was by requiring extra components to be able to use the camera.

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3 years ago
Question 6
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Answer:

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8 0
3 years ago
The demand for silver decreases, other things equal, when
marshall27 [118]
The demand for silver decreases, other things equal, when the gold market is suddenly expected to boom.

This is the logical consequence of the fact that silver and gold are used as investment commodities to preserve the value of your assets. If market predicts a quick increase in the prices of gold, the market will sell its assets in silver to purchase assets in gold to make a greater profit.
5 0
3 years ago
A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.
sweet-ann [11.9K]

A  Forward transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

A forward contract, or simply a forward, is a sort of derivative instrument in finance. It is a non-standard contract between two parties to buy or sell an asset at a specific future time at a price agreed upon at the time of the contract's conclusion.

A forward transaction is when two people or other entities bind themselves to carry out a trade in the future rather than right now. Futures deals differ from spot trading due to the timing of the transactions.

Learn more about Forward transaction here

brainly.com/question/1518204

#SPJ4

8 0
2 years ago
Kl textiles writes 22 checks a day for an average amount of $827 each. these checks generally clear the bank 3.5 days after they
Vitek1552 [10]

Answer:

$63,679

Explanation:

Kl textiles

Disbursement Float can occur in a situation where a person, company or organisation spent an amount of money in which the amount spent has not be removed or taken out of the person, company or organisation

bank account. Example is written out a checks in which the checks has not be cleared form the company bank account till after some days

Disbursement float =

22 × $827 ×3.5

= $63,679

Therefore the amount of the firm's disbursement float will be $63,679 because Kl textiles writes 22 checks a day for an average amount of $827 each in which the checks generally clear the bank 3.5 days after it was written.

6 0
3 years ago
Read 2 more answers
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