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
Alexandra [31]
3 years ago
11

Assume $1 is currently equal to A$1.1024 in the spot market. Also assume the expected inflation rate in Australia is 2.8 percent

as compared to 3.4 percent in the U.S. What is the expected exchange rate one year from now if relative purchasing power parity exists?
Business
1 answer:
MatroZZZ [7]3 years ago
8 0

Answer:

Future rate(AUD/USD) = 1.0958

Explanation:

Consider the following formula to calculate the future rate

Future rate=Spot rate*((1+Quoted currency Inflation rate)/(1+Base currency Inflation rate))^time

Future rate=1.1024*((1+0.028)/(1+0.034))^1

Future rate(AUD/USD) = 1.0958

You might be interested in
Angel is Hispanic and has applied for a job at Buckets Inc. Buckets Inc. has a workforce that is 45 percent Hispanic, 35 percent
irakobra [83]

Answer:

He is a victim of Disparate Treatment

Explanation:

Disparate treatment is a way to prove illegal employment discrimination.

3 0
3 years ago
In most high-tech industries, the fixed costs of developing a product are very _____, and the costs of producing one extra unit
topjm [15]

Answer:

Fixed costs are high, variable costs are low

Explanation:

The reason is that the fixed costs are high because these fixed costs are uncontrollable and their might not be an alternative which means we have to move with higher fixed costs. And this is because most of tasks in manufacturing are handled by the machines not humans. So the cost of maintenance, depreciation, etc are fixed costs which are uncontrollable.

Furthermore, the company has very small variable costs because the company enjoys economies of scales, fast paced manufacturing machines, etc. And this is controllable by investments in another more robust machinery.

7 0
3 years ago
Grandfather clocks have a particular market in auctions. One theory about the price at an auction is that it is higher when ther
anastassius [24]

Answer:

t value is 1.495

Explanation:

The null and alternative hypothesis are :

H0 : mu = 1327

ha: mu > 1327

This is a one tailed test

Critical value = 1.771

at 0.05 significance level with df = 14-1 = 13

test statistics:

s = 411.53, n = 14

t = (xbar -mu)/(s/sqrt9n))

= ( 1491.43 - 1327)/(411.53/sqrt(14))

= 1.495

Decision:

Reject H0 if tstat > 1.771

Fail to reject H0

5 0
3 years ago
Suppose you own a stock that you believe will produce a return of 13% in a good economy and 4% in a poor economy. Given the prob
agasfer [191]

Answer:

The correct answer is letter "B": Expected return.

Explanation:

Expected return is the return an investor expects from an investment given the investment's historical return or probable rates of return under different scenarios. To determine expected returns based on historical data, an investor simply calculates an average of the investment's historical return percentages and then, uses that average as the expected return for the next investment period.

In the example, the expected return would be:

<em>Expected return </em><em>= (return in a good economy + return in a poor economy)/2</em>

<em>Expected return </em><em>= (13% + 4%)/2</em>

<em>Expected return </em><em>= </em><em>8,5%</em>

7 0
3 years ago
There are 3 factories on the Momiss River. Each emits 2 types of pollutants, labeled P1 and P2, into the river. If the waste fro
hichkok12 [17]

Answer:

Kindly check explanation

Explanation:

Using table for our evaluation :

____________POLLUTANT

Factories___P1 ______P2 ____COST

__1_______0.1______ 0.45 ___ 1500

__2______ 0.2 _____ 0.25 ____1000

__3 ______0.40 ____ 0.30 ____2000

_________ ≥ 30 ____ ≥ 40 _____ z

Let amount of waste produced by Factories 1, 2 and 3 equal f1, f2 and f3 respectively.

Linear Program that will minimize the cost of reducing pollution by the desired amounts

Min cost:

min z = 1500f1 + 1000f2 + 2000f3

0.1f1 + 0.2f2 + 0.4f3 ≥ 30

0.45f1 + 0.25f2 + 0.3f3 ≥ 40

f1, f2, f3 ≥ 0

4 0
3 years ago
Other questions:
  • What are 2 tools you can use to identify possible issues in a QuickBooks Online Company?
    12·1 answer
  • Gross Earnings are the same as:
    5·1 answer
  • Write a program that calculates the minimum fixed monthly payment needed in order pay off a credit card balance within 12 months
    9·1 answer
  • At the broadest level, the financial system moves the economy’s scarce resources from
    8·1 answer
  • The vast majority of for-profit businesses in the United States operate as which of the following?
    9·1 answer
  • Yvette is preparing a direct claim message. Her bank account has been incorrectly debited a duplicate charge of $132.45 for a pa
    9·2 answers
  • It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f
    12·2 answers
  • Please answer this question.
    13·1 answer
  • PLEASE HELP ME ILL MAKE YOU BRAINLIEST
    6·2 answers
  • On January 1, a company issues bonds dated January 1 with a par value of $460,000. The bonds mature in 5 years. The contract rat
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!