Answer:
the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
Generally, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
If the United States imports more than it exports, then the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus (all things being equal) because it is not selling its goods and services to other countries.
Answer:
Option (a) is correct.
Explanation:
The burden of a tax is entirely borne by the suppliers if the supply curve is perfectly inelastic. The burden of a tax falls more on a person which is having relatively inelastic curve.
For example: A government imposes a tax in a market of beachfront hotels with an inelastic supply curve. There is no other option available for the sellers than to accept the lower price for the hotels, here the taxes are not affecting the equilibrium quantity. Therefore, the entire burden of tax falls on the suppliers.
Suppose that if the demand curve is more inelastic than the supply curve then most of the tax burden falls on the consumers and if the supply curve is more inelastic than the demand curve then most of tax burden falls on the sellers.
Answer:
$4,350
Explanation:
Calculation to determine your net profit or loss on this investment
Net profit = (-$0.60 - $42.70 + $52) × 100 × 5
Net profit= $4,350
Therefore your net profit or loss on this investment is $4,350
Answer:
Please help me bro i have an exam
I believe the answer is: c. nominal variables are measured in market prices; real variables are measured in quantities of goods and services.
the nominal value of a certain good would be fluctuated (could either increased or decreased) depending on the power of the supply and demand in the market. the real value on the other hand is valued using the price of a base year.
