Answer:
C) Exports decrease, imports increase
Explanation:
If the US dollar appreciates, the US dollar has now more value per unit of foreign currency than before. For example, suppose that today 1 US dollar buys 0.8 Euro, and tomorrow, Europe is hit by a financial crisis, and the US dollar appreciates, and buys 1.2 Euro. The US dollar has appreciated, has become more expensive, becomes now more euros are needed to buy 1 US dollar.
When the US dollar gains value, domestic goods become more expensive compared to foreign goods, and this promotes imports, and reduces exports.
This is the reason why China keeps a depreciated currency: China is an export economy and the cheap Chinese currency makes exports cheaper, and imports more expensive.
D. Real GDP> potential GDP
Answer:
False
Explanation:
The internal users of financial information are those people with an organisation that makes use of financial information.
they include :
- The board of directors
- Employees
- Managers.
The external users of financial information are those who aren't within an organisation that makes use of financial information.
They include :
- Investors
- Lenders
- Government
- Regulatory bodies
External users of financial information use financial information in making decisions of whether to invest in or lend to a company
Answer:
a. 0.06
b. 0.18
Explanation:
a) all of them will be repaid
b) none of them will be repaid
P1 = 0.6, P2= 0.4, P3 = 0.25
a. The Probability that all will be repaid = (P1∩P2∩P3)
= P1 * P2 * P3 (Since independent)
= 0.6*0.4*0.25
= 0.06
Thus, the Probability that all will be repaid is 0.06
b. The Probability that none of them will be repaid = (1-P1)*(1-P2)*(1-P3)
= (1-0.6)(1-0.4)(1-0.75)
= 0.4 * 0.6 * 0.75
= 0.18
Thus, the Probability that none of them will be repaid is 0.18
Answer:
The correct answer is B
Explanation:
Export is the term which is defined as the goods and the services which are produced in one country and the residents of the other country purchased or bought it.
In short, it means that produced domestically, and then sold it to the foreign country.
Under this situation, the world price of the steel is $1,000. And the Russia started to export the steel so, it will lead to exporting the steel and the price would be $1,0000.