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3 years ago

What does an exchange rate tell you?

2 answers:

8 0

When you ask me about exchage rate I remember about Arabic coming to Africa for trading goods. So this tells me that the the value of one currence from deferent nations was converted to another. I hope you got it.

Lana71 [14]3 years ago

3 0

Answer:

it tells you what one nations currency is worth in another country

Explanation:

You might be interested in

Which of the following policies is most likely to encourage innovation, higher quality goods, and lower prices?

nasty-shy [4]

Answer:

The correct answer is c. Reducing barriers that limit entry of firms into new and existing markets.

Explanation:

An entry barrier is a high cost or other type of barrier that prevents a business from entering the market and competing with other businesses. Barriers to entry may include government regulations, the need for a license, or having to compete with a large corporation being a small business.

As an example, the large company is able to produce a larger quantity of products more efficiently than a company with fewer resources. They have lower costs because they are able to buy bulk materials, and they have less overhead because they produce more under one roof. It would be difficult for the small company to keep up with that, resulting in the avoidance of market entry.

Barriers to entry can have a negative effect on prices because the playing field is not level and competition is restricted. It is not an ideal situation for anyone except for the large company that has a monopoly. However, entry barriers are not always prohibitive. In fact, many new businesses find some type of entry barrier that they must overcome, be it the initial investment, the acquisition of licenses or obtaining a patent - it is only part of the business.

5 0

3 years ago

Calculate total GDP for this economy given the following components of supply. Round your answer to the nearest tenth and enter

Sav [38]

Answer:

The GDP Rounded to the answer to the nearest ten = $21 trillion

Explanation:

What Is GDP?

Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of the country’s economic health.

Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well.

Using the The Expenditure Method - Aggregate Demand (AD) the formula for GDP is: 

GDP = C + I + G + (Ex - Im),

where “C” equals spending by consumers,

“I” equals investment by businesses,

“G” equals government spending and

“(Ex - Im)” equals net exports, that is, the value of exports minus imports.

GDP =

C = 3.8 + 2.7 + 12.2 = $18.7 trillion

I = 2.1 + 0

GDP = 18.7 + 2.1 = $20.8 trillion 

GDP = $20.8 trillion 

Rounding the answer to the nearest ten = $21 trillion

8 0

3 years ago

George's T-Shirt Shop produces 8,000 custom-printed T-shirts per month. George's fixed costs are $24,000 per month. The marginal

gladu [14]

Answer:

1. $12

2. $8

Explanation:

1. At Break-Even, George's profit will be equal to their cost.

Revenue = Costs.

Variable costs are $9.

Fixed costs are $24,000

Quantity is 8,000 shirts

Let the Break-Even price be x.

8,000x = 24,000 + (9 * 8,000)

8,000x = 24,000 + 72,000

8,000x = 96,000

x = 96,000/8,000

= $12

2. At 50% more shirts. George's would be selling;

= 8,000 + 8,000(0.5)

= 12,000 shirts

New Break-Even Point will be;

12,000x = 24,000 + 72,000

12,000x = 96,000

x = 96,000/12,000

x = $8

4 0

3 years ago

A project communications matrix includes all of the following information EXCEPT

Blababa [14]

Answer:

d. Times New Romab

Explanation:

A project communication matrix is a tool used to assess communication and improve efficiency of communication.

Components of a communication matrix includes:

a. Communication methods

b.Communication timing

c. Communication cost

d. The sender and receiver

e. Follow through

F. Maintenance

I hope my answer helps you

3 0

3 years ago

When would you need to use the Rule of 72?

kumpel [21]

The "Rule of 72" is a method used to determine how long an investment will take to double, given a fixed annual rate of interest. It is a shortcut to estimate the number of years required to double your money at a given annual rate of return. By dividing 72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to duplicate itself.

6 0

3 years ago

Read 2 more answers