Answer:
Option C: the price of one country's currency in terms of another country's currency
Explanation:
Exchange rate is simply the rate at which one currency is converted into another currency. foreign exchange market is said to be a market for changing or converting the currency of one country into that of another country. It enables conversion of the currency of one country into the currency of another and provides some insurance against foreign exchange risk.
I believe the answer is A becuase working at a lemonade stand helps you kinda run a business if you think about it
Answer:
Letter c is correct. <em><u>Is found in the bulk of leadership models.</u></em>
Explanation:
The transactional leadership style is characterized by organization, supervision and performance. It is a common leadership model in most leadership models because it is based on goal achievement.
The leader behaves like a boss, requires compliance with organizational standards, and analyzes the performance of each employee to determine the matching reward. Transactional leadership is compared to the principles of Scientific Management, there are no concerns of the manager with motivational factors that influence the team, but with the fulfillment of demands and optimal organizational flow.
Despite being a less flexible leadership model, the benefits of the model are gained through the performance reward system, which positively influences employee productivity.
Answer:
$44,059
Explanation:
The formula and the computation of the future value is shown below:
Future value = Present value × (1 + interest rate)^number of years
= $25,000 × (1 + 0.12)^65
= $25,000 × 1.7623416832
= $44,059
By applying the future value formula, we calculated the future value by considering the present value, interest rate, and the time period
Answer:
The correct answer is a. more elastic demands.
Explanation:
There are some goods whose demand is very price sensitive, small variations in their price cause large variations in the quantity demanded. It is said of them that they have elastic demand. The goods that, on the contrary, are not sensitive to price are those of inelastic or rigid demand. In these large variations in prices can occur without consumers varying the quantities they demand. The intermediate case is called unit elasticity.
The elasticity of demand is measured by calculating the percentage by which the quantity demanded of a good varies when its price varies by one percent. If the result of the operation is greater than one, the demand for that good is elastic; If the result is between zero and one, its demand is inelastic.
The factors that influence the demand for a good to be more or less elastic are:
1) Type of needs that satisfies the good. If the good is of first necessity the demand is inelastic, it is acquired whatever the price; On the other hand, if the good is luxurious, the demand will be elastic since if the price increases a little, many consumers will be able to do without it.
2) Existence of substitute goods. If there are good substitutes, the demand for good will be very elastic. For example, a small increase in the price of olive oil can cause a large number of housewives to decide to use sunflower.
