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Answer:
C) Exports decrease, imports increase
Explanation:
If the US dollar appreciates, the US dollar has now more value per unit of foreign currency than before. For example, suppose that today 1 US dollar buys 0.8 Euro, and tomorrow, Europe is hit by a financial crisis, and the US dollar appreciates, and buys 1.2 Euro. The US dollar has appreciated, has become more expensive, becomes now more euros are needed to buy 1 US dollar.
When the US dollar gains value, domestic goods become more expensive compared to foreign goods, and this promotes imports, and reduces exports.
This is the reason why China keeps a depreciated currency: China is an export economy and the cheap Chinese currency makes exports cheaper, and imports more expensive.
Answer:
A. The proposed new project would have more stand-alone risk than the firm's typical project.
Explanation:
Answer:
The spending variance for "Employee salaries and wages" for March would have been closest to $1,200F
.
Explanation:
Customers served (q)
Employee salaries and wages ($58,400 + $1,000q)
The spending variance for "Employee salaries and wages" for March would have been closest to
Actual Results Flexible Budget Revenue and Spending Variances
(q) 26 26
($58,400 + $1,000q) $ 83,200 $ 84,400 $1,200F
Answer:
The correct answer is option a and option b.
Explanation:
The opening of a new American-owned factory in Algeria would tend to increase Algeria's GDP more than it increases Algeria's GNP.
This is because the GDP of a nation is the value of final goods and services produced in an economy in a year by both domestic citizens as well as foreign residents.
While GNP of a nation does not include the income earned by the foreign residents within the boundaries of a nation. So it is lower than GDP.