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e-lub [12.9K]
3 years ago
6

Which of the following represents the value of one nation's currency relative to the currencies ofanother country? A. Euro rateB

. Currency rateC. Exchange rateD. Standard of living
Business
1 answer:
leonid [27]3 years ago
6 0

Answer:

Option (C) is correct.

Explanation:

Exchange rate refers to the rate at which various countries exchange goods and services in the world market.

For example, the exchange rate between India and United States is as follows:

India's currency is in Rupees and United states' currency is in dollars,

So, the exchange is; $1 = Rs. 69

If the cost of goods for an Indian resident is 20 US dollars then he have to pay:

= 20 × Rs. 69

= Rs. 1,380 in rupees for purchasing the product.

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Answer:

b. judgment sampling.

Explanation:

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How to access your federal reserve account?
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QUESTION 25 A perfectly competitive firm faces a __________ demand curve. a. downward-sloping b. unit-elastic c. nonlinear d. pe
Alexus [3.1K]

Answer:

The correct answer is letter "D": perfectly elastic.

Explanation:

Perfect Competition is a theoretical market system where competition is at its highest level as possible. Perfectly competitive markets are characterized by:

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  • <em>All companies are price takers.</em>
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  • <em>The company has low barriers or no barriers to entering and leaving an industry .</em>

<em>Plotted in a graph, perfectly competitive goods have a horizontal curve. This is because at any given price any quantity can be demanded. Thus, the curve of perfectly competitive firms is </em><u><em>perfectly elastic</em></u><em>.</em>

5 0
3 years ago
A researcher designed an experiment to determine if consumption of caffeine results in increased levels of motor activity. in th
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Using the information given in both of these tables to compare living standards in lusitania and​ arctica, you should use​ _
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