When the dollar is worth less in relation to currencies of other countries, you are more likely to purchase American-made product.
<h3>How currencies are valued ?</h3>
Collective supply and demand determine the value of a currency. Numerous variables, such as interest rates, inflation, capital flows, and money supply, have an impact on supply and demand. Currency is most frequently valued using exchange rates.
<h3>What makes a currency more valuable?</h3>
When there is a high demand for a currency, it will appreciate in value. Conversely, when there is a low demand for a currency, it will depreciate in value.
A controlled floating exchange rate is what determines the current exchange rates between nations. With a managed floating exchange rate, each currency's value is influenced by the policies taken by its central bank or government in terms of the economy.
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Answer:
A$118,000 B.$333,000
Explanation
Land$100,000
Demolition20,000
Scrap value(5,000)
Title insurance1,000
Paving assessment2,000
Total land cost($118,000)
B. The cost of the building recorde
d by Reid
Archirectfees$25,000
Construction interest8,000
Building cost300,000
Total building cost. $333,000
Answer:
Originally pay for the stock = $8
Explanation:
Given:
Total return = 62.5%
Value of stock (after 1 year) = $12
Dividend during the year = $1
Originally pay for the stock = ?
Computation:
![Total\ return = [\frac{Dividend + (Value\ of\ stock\ after\ 1\ year - Purchase\ Value)}{Purchase\ Value} ]\times 100](https://tex.z-dn.net/?f=Total%5C%20return%20%3D%20%5B%5Cfrac%7BDividend%20%2B%20%28Value%5C%20of%5C%20stock%5C%20after%5C%201%5C%20year%20-%20Purchase%5C%20Value%29%7D%7BPurchase%5C%20Value%7D%20%5D%5Ctimes%20100)
![62.5 = [\frac{1 + (12 - Purchase\ Value)}{Purchase\ Value} ]\times 100\\\\0.625 Purchase\ Value = 1 + 12 - Purchase\ Value\\\\1.625 Purchase\ Value = 13\\\\Purchase\ Value = 8](https://tex.z-dn.net/?f=62.5%20%3D%20%5B%5Cfrac%7B1%20%2B%20%2812%20-%20Purchase%5C%20Value%29%7D%7BPurchase%5C%20Value%7D%20%5D%5Ctimes%20100%5C%5C%5C%5C0.625%20Purchase%5C%20Value%20%3D%201%20%2B%2012%20-%20Purchase%5C%20Value%5C%5C%5C%5C1.625%20Purchase%5C%20Value%20%3D%2013%5C%5C%5C%5CPurchase%5C%20Value%20%3D%208)
Originally pay for the stock = $8
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