Answer:
b
Explanation:
nominal exchange rate is the rate at which one currency is exchanged for another currency. this rate included the inflation rate
real exchange rate is exchange rate adjusted for inflation
net export = export - import
if the nominal exchange rate declines it means that the value of the us dollar declines
if inflation is higher abroad than in the US, the value of the US dollar ought to increase. Because it the exchange rate decreases, it means that real exchange rate has also decreased.
Foriegn goods would become more expensive and export would increase
Answer:
Depreciable amount= $880,000
Explanation:
Giving the following information:
Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20-year life, it's expected salvage value is $20,000.
To calculate the annual depreciation, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (900,000 - 20,000)/20= $44,000
Depreciable amount= original cost - salvage value= 880,000
Answer:
the mission of the federal deposit insurance corporation is to maintain and public confidence in the nation's financial system
The Federal reserve is acting as a lender of last resort when its lends money to banks and other financial institutions because no one else will/
<h3>What is the Federal Reserve?</h3>
It is the United states central banking system that is responsible for the nation's monetary policy and regulation of the supply of money and interest rates.
One of the role of Federal reserve is to act as a lender of last resort when its lends money to banks and other financial institutions because no one else will.
Therefore, the Option A is correct.
Read more about Federal Reserve
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Answer:A
Explanation:
A regressive tax is a tax impose in such a manner that the tax rate decreases as the amount subject to taxation increases.