Answer and Explanation:
The computation is shown below:
1. Nominal exchange rate is
= (Real exchange rate) × (foreign price level ÷ domestic price level)
= 10 × (4 ÷ 8)
= 5
2. Change in Nominal exchange rate is
Change in Nominal exchange rate = (real exchange rate change ) + foreign inflation - domestic inflation
= 10 + 4 - 6
= 8%
3.) foreign inflation rate
= Change in Nominal exchange rate - real exchange rate change + domestic inflation
= 5 - 8 + 3
= 0%
We simply applied the above formulas
Answer:
The marginal benefit of working each hour of overtime is $18.
Explanation:
<em>Marginal Benefit</em> refers to the maximum price I would pay for a second (or more) product or service.
In this case, the employer is willing to pay for each extra hour the amount of $18, which means that the <em>Marginal Benefit</em> increases.
It is considered, that the perceived value by the employer for each extra hour is $18.
Answer:
What I feel would be appropriate to be delivered electronically:
- Sending Daily report
- Requesting invoice for petty cash
- Working schedule
- Creating list of tasks.
I think every activities that does not necessarily need a lot of human communication should be delivered electronically . it just safe a lot of time and make it accessible anywhere you want.
What i feel would be better delivered in traditional setting:
- Brainstorming
- Firing people
I believe group brainstorming will be more efficient if team members spare their time to gather together in a private setting and focus on doing so. Doing it electronically will make it hard to communicate and some team members might not focusing on the task.
Firing people also should be done face-to-face. Even though this person is about to be kicked out of the team, we need to know that we appreciate what they've done to the team. Firing using electronic media just seems cold and impersonal.
Answer:
Options includes the followings: Relevance, Faithful representation, Predictive value, Confirmatory value, Comparability, Completeness, Neutrality, Timeliness.
a. Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena. select a qualitative characteristic.
Qualitative characteristics: Comparability
b. Having information available to users before it loses its capacity to influence decisions.
Qualitative characteristics: Timeliness
c. Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.
Qualitative characteristics: Predictive Value
d. Information that is capable of making a difference in the decisions of users in their capacity as capital providers.
Qualitative characteristics: Relevance
e. Absence of bias intended to attain a predetermined result or to induce a particular behavior.
Qualitative characteristics: Neutrality
<span>The answer is
number 1, conspicuous consumption. It is the acquisition of goods or services
for the particular purpose of displaying one's wealth. Conspicuous consumption
is a means to display one's social status, especially when the goods and
services publicly displayed are too expensive for other members of a person's
class. This kind of consumption is characteristically associated with the
wealthy but can also relate to any economic class. The concept of consumerism
stems from conspicuous consumption.</span>
