Answer:
The correct answer is option (C).
Explanation:
According to the scenario, the given data are as follows:
Base year basket price = $5,000 billion
Year 2 basket price = $5,500 billion
So, we can calculate the consumer price index by using following formula:
Consumer price index = (Year 2 basket price ÷ Base year basket price ) × 100
By putting the value, we get
Consumer price index = ( $5,500 ÷ $5,000 ) × 100
= 1.1 × 100
= $110 billion
Answer:
It is false that Joint Application Development (JAD) group produces the best definition of a new system.
Explanation:
JAD group does not produce the best definition of a new system, here is why:
• JAD system incorporates participants with different opinions. Different opinions within the team make it difficult to align goals and maintain focus
• Depending on the size of the project, JAD may require a longer time that will put a strain on the execution of a project
• JAD is too expensive and can be cumbersome/difficult if group is too large
• JAD produces a details and information that is a tentative model not a complete development methodology.
Answer: D. If one country creates all the reserves it can prevent other countries from trading.
Explanation:
<em>Ditching the Dollar</em> refers to a movement by nations to reduce the dependence on the US. dollar for transactions.
The USD is the major currency for trade around the world with it accounting for the currency of use in more than 50% of the entire World trade. This was due to the Bretton Woods Agreement and System which at the time pegged the USD to gold and other currencies at certain value to the USD.
The influence the USD gained that day continues today. Countries however are increasing becoming fed up by the United States using the Dollar to impose trade restrictions and sanctions on countries and then requiring everyone to fall in line because trades are mostly done in the currency controlled by the US, the USD.
For instance, when sanctions were imposed on Iran, the European Union looked for alternative means of payment for Iranian oil.
Ditching the Dollar therefore argues that having multiple reserve currencies to choose from is healthy because one country will not be able to control world trade as the US has.
Answer:
Holly; more
Explanation:
In this secanrio we have two firm Holly Inc and Molly inc. Holly inc is interested in acquiring a company in Thailand that produces computers and sells them within Thailand.
Molly Inc on the other hand wants to acquire a Thailand company that will produce computers and export them.
Holly Inc is more sensitive to the economic conditions of Thailand because they want to contribute to the country's GDP and growth by selling computers in Thailand.
Molly Inc however is using Thailand for its production and exporting the computers. It does not contribute to the Thailand economy.
