The price of one country's currency expressed<span> in terms of </span>another country's currency<span> is: A. by </span>definition<span>, </span>one<span> unit of </span>currency<span>. ... A. exchange rate between the U.S. dollar and </span>another currency<span>. B. exchange rate between two </span>currencies<span>, neither of which is generally the U.S. dollar.21</span>
Answer:
$
Sales (2,500,000 x$0.10) 250,000
Less: Material cost(2,500,000 x $0.03) 75,000
Annual lease rental <u>70,000</u>
Profit <u>105,000</u>
Explanation:
Profit equals annual sales minus material cost minus annual lease rental. Since the annual sales volume are 2,500,000 gloves at a price of $0.10 per pair, the total sales value will be $250,000. Material costs $0.03 per pair, thus, the total material cost will be $0.03 x 2500,000 pairs. Annual lease rental of $70,000 is treated as a fixed cost.
<span>The higher rates of depression and suicide could be due to the localities lack of mental health support for depressed individuals. Also, when such towns quickly grow, then turn and essentially fail, there is often a dramatic amount of individuals that lose a large portion of their income. Financial insecurity can be a cause of depression which can then lead to suicide.</span>
The primary factor that caused most economists to lose their faith in the classical approach to macroeconomic policy was "the Great Depression's prolonged period of heavy unemployment."
<h3>What is macroeconomic policy?</h3>
The functioning of the business as a whole is a concern of macroeconomic policy.
Some characteristics of macroeconomic policy are-
- Macroeconomic policy's overarching objective is to create a sustainable financial environment that lends itself to healthy and long-term economic growth, which is essential for generating wealth, jobs, and higher living standards.
- Fiscal policy, monetary policy, and exchange rate policy are the three main pillars of macroeconomic policy.
- This short describes the characteristics of every one of these policy tools and the various ways in which they might support steady and sustained growth.
- Changes in the amount and nature of government expenditure, the amount and types of taxes collected, and the amount and nature of government borrowing are all examples of how fiscal policy is implemented.
- Recurrent and capital spending, as well as the consequences of spending, taxes, or transfers upon private consumption, investment, and net exports, are two ways that governments can directly affect economic activity.
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The mass culture theory result from viewing cinema as a social institution.
Films that are widely disseminated and accessible can readily reach popular culture or mass culture.
Institutions in the theater or, more broadly, the arts have traditionally been on the front lines of managing societal crises or revolutions. Theatres serve as first responders, metaphorically, by providing locations and settings for enlarged depictions of the risks and challenges that society faces.
MASS CULTURE: Typically, the term "mass culture" refers to a culture that results from the centralized production methods used by the mass media.
The mass culture theory result from viewing cinema as a social institution.
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