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3 years ago

What was the Bretton Woods system?

Business

1 answer:

KonstantinChe [14]3 years ago

5 0

Answer:

the International Trade Organization.

Explanation:

The Bretton Woods system was a post-World War II reconstruction plan which took place in New Hampshire to found three key institutions to promote capitalism, policy coordination and free trade respectively: the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), which later became the World Bank, and the International Trade Organization, which later became the World Trade Organization.

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You are the manager of a clothing store. You must decide how many of your employees to put on the sales floor, and how many to p

Fiesta28 [93]

Answer:

c. 60 on the sales floor, 24 on the register.

Explanation:

Given that

The total number of employees to manage is 84

and w assume that the no of employees on the sales floor after having division be x

also the given condition is that there should be minimum of 2 employees for every 5 employees that worked on the sales floor

So that means

x ÷84 = 5 ÷ (5 + 2)

after solving this x = 60

So the no of employees on register is

= 84 - 60

= 24

7 0

2 years ago

05) Assume that prices and wages adjust rapidly so that the markets for labor, goods, and assets are always in equilibrium. What

Kay [80]

Answer:

Explanation:

a. A temporary increase in government purchases would result in a reduction in savings, which would, in turn, lead to the implementation of higher taxes by the government so as to match prices and wages.

This would: make output to remain unchanged, real interest to increase and current price level to increase as well.

b. A reduction in expected inflation would lead to an increment in the demand for real money, as people do not expect inflation to increase for a while. Thus, more demand creates a reduction in the price level. Everything else remains unchanged. This would: make output remain unchanged, real interest remain unchanged and the current price level to decrease.

C. A temporary increase in labor supply would make more people have jobs and therefore more people can save. If more people save the interest rates are liable to decrease therefore money demand will increase. This would: make output to increase, real interest to decline and current price level to decrease.

d. An increase in the interest rate paid on money will lead to a higher demand for money. With an unchanged nominal money supply and higher money demand, the price would decline but everything remains unchanged. This would make: output remain unchanged, real interest remains unchanged and the current price level decrease.

4 0

3 years ago

“The Designers” an international furniture making company wants to expand its business in Pakistan by introducing its specialize

tankabanditka [31]

Answer:

a. I would consider consider leasing since the profits gained from leasing ($216,978,355.60) is greater compared to the profits if a spot rate is considered ($214,676,191.10) in 4 years.

b. I would consider consider leasing since the value gained from leasing ($123,553,875.20) is greater compared to the value if a spot rate is considered ($120,982,986.80) in 2 years.

Explanation:

a. Determine best option

Step 1: Determine total revenue per year if they meet the demand.

Total revenue per year=revenue per chair×number of chairs per year

where;

revenue per chair=Rs.20,000

number of chairs per year=4,000 units

replacing;

Total revenue per year=(20,000×4,000)=$80,000,000

Step 2: Determine the net revenue per year for Leasing

Net revenue=total revenue-total cost for leasing

total cost for leasing=cost per chair per square feet×area per chair×number of chairs

where;

cost per chair per square feet=10,000/100=$100

area per chair=10 square feet

number of chairs=4,000

replacing;

total cost for leasing=100×10×4,000=$4,000,000

Net revenue=80,000,000-4,000,000=76,000,000 per year

Step 3: Determine the present value of the net revenue per year for Leasing

Year Future cash flow Present cash flow Amount

1 76,000,000 76,000,000/{(1+0.15)^1} 66,086,956.52

2 76,000,000 76,000,000/{(1+0.15)^2} 57,466,918.71

3 76,000,000 76,000,000/{(1+0.15)^3} 49,971,233.66

4 76,000,000 76,000,000/{(1+0.15)^4} 43,453,246.67

Total present value of the future net revenue for leasing=(66,086,956.52+57,466,918.71+49,971,233.66+43,453,246.67)=

$216,978,355.60

Step 3: Determine the present value for the cost for spot Market rate

Since the spot market rate is paid once;

Total cost=(15,000/100)×10×4,000=$6,000,000

Total cost in four years=6,000,000×4=$24,000,000

Present value of spot rate cost=24,000,000/{(1+0.15)^4}=$13,722,077.89

Step 4: Determine the present value of the revenue per year

Year Future cash flow Present cash flow Amount

1 80,000,000 80,000,000/{(1+0.15)^1} 69,565,217.39

2 80,000,000 80,000,000/{(1+0.15)^2} 60,491,493.38

3 80,000,000 80,000,000/{(1+0.15)^3} 52,601,298.59

4 80,000,000 80,000,000/{(1+0.15)^4} 45,740,259.65

Present value of Total revenue=69,565,217.39+60,491,493.38+52,601,298.59+45,740,259.65=

$228,398,269

Step 5: Determine the present value of the net revenue per year for sport rate

Net present value=(228,398,269-13,722,077.89)=$214,676,191.10

I would consider consider leasing since the profits gained from leasing ($216,978,355.60) is greater compared to the profits if a spot rate is considered ($214,676,191.10).

Step 6: Consider NPV for 2 years if they Lease

Year Future cash flow Present cash flow Amount

1 76,000,000 76,000,000/{(1+0.15)^1} 66,086,956.52

2 76,000,000 76,000,000/{(1+0.15)^2} 57,466,918.71

Net present value=(66,086,956.52+57,466,918.71)=$123,553,875.20

Step 7: Consider total revenue if the use a spot rate

Year Future cash flow Present cash flow Amount

1 80,000,000 80,000,000/{(1+0.15)^1} 69,565,217.39

2 80,000,000 80,000,000/{(1+0.15)^2} 60,491,493.38

Total revenue=(69,565,217.39+60,491,493.38)=$130,056,710.80

Step 7: Consider cost for 2 years if they use a spot rate

Total cost=6,000,000×2=$12,000,000

Present value=12,000,000/{(1+0.15)^2}=$9,073,724.008

Net present value=130,056,710.80-9,073,724.008=$120,982,986.80

I would consider consider leasing since the value gained from leasing ($123,553,875.20) is greater compared to the value if a spot rate is considered ($120,982,986.80) in 2 years.

6 0

3 years ago

Sven goes to a bar, drinks eight shots of bourbon, and then goes to an electronics store, where he buys a large flat-screen TV f

Lelu [443]

Answer:

The correct answer is: he lacked the mental capacity to enter into the contract.

Explanation:

A person may ratify a contract that he or she established while intoxicated after becoming sober, and therefore become fully responsible for it. Though, if that person wants to reject the contract, proof of mental lack of capacity must be provided to dissolve the contract and any responsibility inherent.

8 0

3 years ago

In the long run, once people have had time to adjust their long-term commitments, an increase insupply and a higher price level

Arte-miy333 [17]

Answer:

Product prices will be increased by resource price. A further explanation is given below.

Explanation:

When individuals have already had time, throughout the longer term, to change certain long-term obligations. A rise in population, as well as a higher level of costs, can no doubt mean an increase in the amount generated. Throughout the long term, the powers causing the rise in the sum usually provided mostly in the shorter term would not be available.
When the long-term current expires and has been tried to negotiate, expenditures that are already temporarily set as a part of the contractual deal will increase. If this continues, the resource price could well raise the price of additional goods, which should not modify the desire to manufacture.

4 0

3 years ago