1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arisa [49]
3 years ago
10

Suppose China exports TVs and uses the yuan as its currency, whereas Russia exports vodka and uses the ruble. China has a stable

money supply and slow, steady technological progress in TV production, while Russia has very rapid growth in the money supply and no technological progress in vodka production. Based on this information, what would you predict for the real exchange rate (measured as bottles of vodka per TV) and the nominal exchange rate (measured as rubles per yuan)
Business
1 answer:
Damm [24]3 years ago
8 0

Answer:

The real exchange rate would result in a growth of the relative price of Chinese TVs over the price of Russian Vodka.

This is because Chinese TVs are becoming more technologically advanced, increasing both their nominal and real value, while Russian Vodka is being produced en masse, but without technological progress, decreasing both its nominal and real value.

The nominal exchange rate would result in the ruble depreciating strongly against the Yuan.

The quick growth of money supply in Russia means inflation, and this added to the loss of value of the Vodka exports, results in the decrease of nominal value for the ruble against the Yuan, which has a moderate growth in money supply (meaning moderate inflation), and benefits from the exports of a good that is appreciating (the Chinese TVs).

Explanation:

You might be interested in
When does the Murderer strike?<br><br><br><br><br><br><br> The ANS is , .
OleMash [197]

Answer:

at midnight

Explanation:

7 0
3 years ago
owner withdrawals cause a(n) (increase/decrease) in owner's equity and are recorded directly in owner's (capital/withdrawal/equi
Alla [95]

Owner withdrawals cause a decrease in owner's equity and are recorded directly within the owner's withdrawal.

<h3>What is a withdrawal?</h3>

Withdrawals are variables in an economy that leak the circular flow of income and reduce the dimensions of national income. Withdrawals include savings, taxation, and imports.

To know more about withdrawal go to the given link:

brainly.com/question/2933232

#SPJ4

6 0
1 year ago
Moerdyk Corporation’s bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest ra
azamat

Answer:

The price of the bonds is $ 1,276.

Explanation:

The value of bond or issue price can be calculated by discounting all future cash flow using effective rate of retun. Detail calculations are given below.

Future Value = Redemption present value (RPV) + Present value of interest   (PVI)

RPV = 1,000 (1+5%)^-15 = $ 481 -A

PVI = 36.25 * Annuity factor  =$ 759 -B

Future Value = A + B = $ 1,276  

Annuity factor = (1- (1+i%)^-n)/i% = (1- (1+5%/2)^-30)/(5%/2) = 20.9303

7 0
3 years ago
PLEASEHELP
Murljashka [212]

Answer:

CReative department?

Explanation:

6 0
3 years ago
Read 2 more answers
Once the organization structure is in place, a supervisor must identify the tasks to be done, combine them into jobs, and then f
Nataly [62]
<span>Once the organization structure is in place, a supervisor must identify the tasks to be done, combine them into jobs, and then formalize the process through a: D. Scalar Chain
In a scalar chain, there is a clear distinction of authority between the supervisor and te employees. In this process, the employees are free to communicate to the supervisor about anything</span>
8 0
3 years ago
Other questions:
  • Starling Company purchased machinery at the beginning of Year 1 at a cost of $86,100. The machinery has an estimated life of fiv
    8·1 answer
  • The percentage of the original loan amount that is paid in interest is called the:
    7·1 answer
  • In a leveraged buyout, the managers of a firm, its employees, or other investors: obtain the assets of the company through bankr
    8·1 answer
  • What happens if the amount of Bad Debt Expense is overstated at year end? A : Net income will be overstated. B : Allowance for D
    15·1 answer
  • Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat
    14·1 answer
  • Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation
    14·1 answer
  • When a price floor becomes binding because of the change in the supply of hops, the net effect will be ?
    11·1 answer
  • Which of the following is an indirect manufacturing cost in a manufacturing company?
    6·1 answer
  • MCZ, Inc. is a corporation that was incorporated under the laws of the State of New Jersey. MCZ, Inc. has only one office which
    9·1 answer
  • Net sales for the year were $325,000 and cost of goods sold was $240,500 for the company’s existing products. A new product is
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!