Answer:
The overview of the given situation is described in the explanation section below.
Explanation:
(1)...
The actual exchange rate from either the viewpoint of U.S:
= 0.867
<u>Working:</u>
As per the British automobiles cost will be:
= £20,000 x $1.50/£ or $30,000
And the US car's cost compares to either the Uk car will be:
= 
= 
It demonstrates that the US car seems to be cheaper or affordable.
(2)...
From either the Uk view the actual exchange rate will be:
= 1.154
<u>Working: </u>
US automobile worth in pounds is equivalent to,
= 
= £17,333.
The Uk vehicle's price compared to the US car currently amounts to,
= 
= 
(3)...
Cars or Automobiles are competitively priced in the US.
<u>Explanation:</u>
British vehicle exceeds,
= 
=
compared to the U.S car.
It also means that perhaps the British car is much more costly, and as such the U.S. car becomes valued more highly competitive.
Answer:
Both of these must be included in the gross income.
Explanation:
The reason is that the employee income that is taxable includes all the benefits in monetary amount and benefits in kind. These benefits are paid to employee as a share of salary to manage his motivation. These incomes must be included in the gross income to calculate his gross income.
Answer: Pluralistic organization
Explanation: Pluralistic organization is an organization that is made up of diverse group of people,it may include people of different race, gender, Sociocultural background and makes efforts to ensure that they maintain harmony,pluralistic organization is essential for global Integration and it is practiced by most international organization like the United Nations, World health organization and business entities.
Most Information Technology fields require at least a technical certificate for entry level jobs. IT majors needs at least a techinical certificate for starting a job.
Israel kirzner believes entrepreneurs have a unique capability, which he calls entrepreneurial alertness, to spot existing opportunities for businesses.
Israel<span> Meir </span>Kirzner<span> is a British-born American economist. we can define the unique ability of </span>Entrepreneurial alertness that some people have as to recognize competitive limitations or imperfections in markets.