Answer: 16 Banana's or 8 Apples
Explanation:
Budget constrain is a mathematical expression which shows us the quantity of goods that can be purchases at given prices and income. Since, income of the consumer is limited, he must allocate his consumption in a way that he can buy maximum goods at the given prices.
The budget constrain faced by the person is
If the person spends all his income on Apple's, he buys
= 8 Apples
If the person spends all his income on Banana's, he buys
= 16 Banana's
For equipment purchased from the United States, European businesses will pay less in euros.
<h3>What would happen if the US dollar increased in value relative to the euro?</h3>
The dollar now "buys" more euros if the exchange rate between the two currencies rises to $1 for 0.94€. As a result, purchasing European items is now more affordable. As U.S.-made goods are now more expensive, U.S. exports would decrease while imports from nations that use the euro would increase.
<h3>What causes the value of the US dollar to rise?</h3>
An increase in the value of one currency in comparison to another is known as currency appreciation. For a variety of factors, including governmental policies, interest rates, trade balances, and business cycles, currencies appreciate against one another.
learn more about dollar is said to appreciate against the euro here brainly.com/question/13825174
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Answer:
(i) 2.71 years
(ii) 5.38 years
(iii) Never or 0
Explanation:
1. Payback period:
= Initial cost ÷ cash inflows
= 1625 ÷ 600
= 2.71 years(Approx).
2. Payback period:
= Initial cost ÷ cash inflows
= 3225 ÷ 600
= 5.38 years(Approx).
3. The payback period for an initial cost of $5,100 is a little trickier.
Notice that the total cash inflows after eight years will be:
= 8 × $600
= $4,800
Payback period
= Initial cost ÷ cash inflows
= 5100 ÷ 600
= 8.5
This answer does not make sense since the cash flows stop after eight years, so again, we must conclude the payback period is never.
Answer:
B.Keynesian economist
Explanation:
Keynesian economist -
It was developed in 1930s by John Maynard Keynes , a British economist .
It is the theory of the total spending in the economy and its effect on inflation and output .
It is a demand - side theory which focus on the changes in the economy on short run .
Hence , Christina is best described as a Keynesian economist .
