Answer:
In an open economy, the supply curve for dollars in the foreing-currency exhange market is vertical, because the supply does not depend on the exchange currency rate.
The supply of dollars in an open economy depends on the interest rate, which is determined by the difference between imports and exports (which is the same as the difference between purchases and sales of foreign capital).
Answer:
Check the explanation
Explanation:
Rachel Carson received numerous attacks by agricultural and chemical industries due to the book she wrote called -Silent Spring', where she explained the repercussions to the atmosphere and that of human health in the using pesticides.
She has been tagged as a radical and unqualified scientist whose knowledge about science is limited. She was also accused of wanting to protect the lives of all the insects that spread diseases in humans and plants.
However, if we read concerning whom Rachel Carson was and what she stood for, we’ll notice that the arguments in various quarters are completely misguided.
She was an exceptional scientist and a writer on science topics, she investigated and cautioned on how the chemicals that government spread in the farms to kill pathogens insects, are also dangerous to all living things including humans.
Some of the chemical industry representatives even in this present time still do not concur with her; they are only concerned how to produce and sell more chemicals and they don’t even worry about their environmental consequences and damage. This is reason they prefer to berate her work and researches.
Answer: $300 billion
Explanation:
The real deficit that a Government has is one that has been adjusted for inflationary effects. It is calculated by subtracting the inflation rate times the total debt from the nominal deficit.
= Nominal deficit - (Inflation rate * Total debt)
= 1.5 trillion - ( 10% * 12 trillion)
= 1.5 trillion - 1.2 trillion
= $300 billion
Answer:
C. financial break-even point.
Explanation:
Break even point in economics is the point in the business, wherein cost and revenue generated are equal and business make no profit, no loss. Similary Financial break even has a same concept, however, it is a point in business, wherein earning before EBIT is equal to the fixed financial cost of the company and these fixed costs should be earned by the company to run its business and meet its fixed financial obligation. The earning above the financial break-even point is a profit to the shareholder.
Point in financial break even, wherein earning per share is equal to zero.
Answer:
The correct answer is (C) $401,302
Explanation:
To get how much the contest winner actually won, we have to calculate the amount receive at the end of each year discounted at this moment. Then, we added all the payments.
For example, the first payment in $200,000 at this moment, so we add $200,000.
At the end of the first year we receive $30,000, and the rate of discount is 8%
The formula of discount is P=A/ (1+r)ⁿ
A=Final amount
P= Principal
r= interest rate
n= time
Year 1 = A/ (1+r)ⁿ
=$30,000/1,08¹= 27777,77
Year 2 =$30,000/1,08²= 25720,16
Year 3=23814,96
Year 4=22050,89
Year 5=20417,49
Year 6=18905,08
Year 7=17504,71
Year 8=16208,06
Year 9=15007,46
Year 10=13895,80
Total 401302,44
