1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
My name is Ann [436]
2 years ago
8

The nominal exchange rate is .80 euros per dollar and the real exchange rate is 4/3. Which of the following prices for a particu

lar good are consistent with these exchange rates
A. $4 in the U.S. and 3 euros in Italy

B. $4 in the U.S. and 3.75 euros in Italy

C. $5 in the U.S. and 3 euros in Italy

D. $6 in the U.S. and 2.5 euros in Italy
Business
1 answer:
Svetach [21]2 years ago
4 0

Answer:

option (C) $5 in the U.S. and 3 euros in Italy

Explanation:

Data provided in the question:

Nominal exchange rate, E = 0.80 euros per dollar

Real exchange rate = \frac{4}{3}

Now,

Real exchange rate = [ Price of good in US ] ÷ [ Price of Good in Italy ]

= \frac{EPU}{PI}

Here,

PU = Price of US in dollars

PI = Price of Italy in Euros

Thus,

Real exchange in rate

\frac{4}{3} = \frac{0.8PU}{PI}

or

\frac{PU}{PI} = \frac{5}{3}

hence,

we get

Ratio of Price of a good in US to Price of a Good in Italy = \frac{5}{3}

or

we can say $5 in the U.S. and 3 euros in Italy

option (C) $5 in the U.S. and 3 euros in Italy

You might be interested in
When the allocation of goods and services by a modern mixed economy is not efficient,
maks197457 [2]
Hey there!

Governements may step in to resolve the market failure is the answer to your question

Have a great day! :)
6 0
3 years ago
Think of an organization that you’re a part of. It could be a workplace, team, or club. Identify Schein’s four key elements in t
s344n2d4d5 [400]

One of the most important key elements in Schein’s four key elements according to me would be a common purpose because, without having a common purpose, people working in the organization will be disoriented and directionless. Thus, it can hamper the ultimate goal of the organization.

<h3>What is the common purpose of an organization?</h3>

A corporation with a clear purpose or undertaking is one that is simple to recognize and manage. A common purpose unifies personnel and facilitates them to understand the corporation’s direction.

Hence, according to me, among all the Schein’s four key elements in the organization’s structure, the Common purpose is the most key element.

Learn more about common purpose of an organization:

brainly.com/question/14158365

#SPJ1

7 0
2 years ago
You are meeting to discuss the proper categorization of marketing strategy costs in the monthly department budget performance re
Scilla [17]

Answer:

C)

Explanation:

I'm not too sure but I think they can all change really depending on the circumstances. hope that helped!

7 0
2 years ago
Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called ______.
s344n2d4d5 [400]

Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called Project

What is project?

A project is any endeavour that is carefully planned to accomplish a specific goal, whether it is done alone or with others. It may also involve research or design.

An alternate perspective describes a project as a series of connected tasks that must be completed within specific time, budget, and other constraints.

To learn more about Project

brainly.com/question/25009327

#SPJ4

3 0
1 year ago
The middle of supply chain information systems (SCIS) framework is which of the following?
Natasha_Volkova [10]

Answer:

The correct answer is letter "B": Enterprise planning and monitoring.

Explanation:

Information Systems impact the Supply Chain at planning and monitoring stages. Information Systems allow managers to analyze information about the flow of the supply chain and allows them to spot where improvement is necessary. Besides, it allows tracking production to maximize it. Decisions can be made upon the feed Information Systems provide.

5 0
3 years ago
Other questions:
  • If a bakery hires on person to bake cookies and another to bake cakes,the bakery is applying the concept of specialization.
    11·1 answer
  • Which of the following is exchange traded?
    7·1 answer
  • Wanderlust gave a security interest in his Conestoga wagon to Iowa Bank, which perfected its security interest by filing a finan
    15·1 answer
  • What drives american free enterprise? the desire for economic equality the need to own a home the need to make a living the desi
    10·2 answers
  • Which of the following is NOT correct?Select one:a. Finance companies are not allowed to accept deposits.b. Finance companies ar
    10·1 answer
  • experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next three years, 18 percent over th
    15·2 answers
  • Walker was gathering information on plasma and LCD TVs because he wanted to purchase one for his household. He bought several el
    11·1 answer
  • Which answer choice is not one of the top 10 abusive lending practices?
    13·2 answers
  • А.
    9·2 answers
  • Question #5
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!