Answer:
a. 0.7%
Explanation:
The computation in the change in the real exchange rate is shown below:
Change in the real exchange rate = {(1 + change in nominal spot exchange rate) × (1 + change in the price level of euro-zone or foreign country)} ÷ (1 + change in the price level of US or domestic country) - 1
= {(1 + 7.5%) × (1 + -4%)} ÷ (1 + 2.5%) - 1
= {(1.075) × (0.96)} ÷ (1.025) - 1
= (1.032) ÷ (1.025) - 1
= 0.7%
D. The burden of taxes is much higher on individuals with lower incomes.
Answer:
$1.47
Explanation:
Interest rate in foreign currency if=7%
Interest rate in local currency ih=5%
Spot rate (So)-dollars per unit of foreign currency=$1.5
Change in foregin currency exchange rate ef=((1+ih)/(1+if))-1
ef=(1+.05/1+.07)-1=-1.86%
Future spot rate (St)=So(1+ef)=1.5(1-.0186)=$1.47
The
invention and rapid diffusion of more productive agricultural
techniques during the 1970s and 1980s is called the Green Revolution. The Green Revolution involves introduction <span>of new higher-yield seeds and the expanded use of fertilizers. These are the two main practices of the Green revolution.
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Answer:
Hire an external consultant to pick new team members for you
Explanation:
On the given scenario there are limited project spaces and plenty of volunteers for those positions.
An equitable and impartial method of choosing team members needs to be used to avoid conflict.
The best solution is to hire an external consultant who can be seen as impartial to do the selection.
This way employees will accept the objectivity of the selection since the external consultant does not have any underlying.interest in who occupies the project positions