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2 years ago

n an open economy, why is the supply curve for dollars in the foreign-currency exchange market vertical?

Business

1 answer:

Zarrin [17]2 years ago

4 0

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).

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Describe how you would apply for a mortgage.

ExtremeBDS [4]

You have to complete a " Mortgage Application", the application will usually ask for a credit report, any credit accounts, amount of income, available funds, credit card balances, and a price range. Once a lender has reviewed your application he/she will decide rather to approve or disapprove your application. If your application is approved you will need to make a down payment. A borrower with good/excellent credit is more likely to be approved for a mortgage. Interest rates will determine how much you will pay monthly. Interest rates can also change while the loan application is being reviewed and processed by the lender.

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3 years ago

In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connection

noname [10]

Answer:

The correct answer is:

Producers, consumers.

In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connections between agricultural producers and food consumers.

Explanation:

The globalization process of agriculture has allowed the agricultural world to expand in a more appropriate and faster way, since it has provided the necessary elements lacking in the past for a growing economy in this important field for humanity. The Globalization of agriculture has been acting like a growing chain, once the exportation process grows, it provides more employment and at the same time when families have more income the demand grows as well.

3 0

2 years ago

Read 2 more answers

Can anyone please tell me the right answer

olganol [36]

Commit to buy more in the future

5 0

3 years ago

Garida Co. is considering an investment that will have the following sales, variable costs, and fixed operating costs:

svlad2 [7]

Answer:

Garida Co.

The project's net present value (NPV) is:

= $57,787

Explanation:

a) Data and Calculations:

Year 1 Year 2 Year 3 Year 4

Unit sales 4,200 4,100 4,300 4,400

Sales price $29.82 $30.00 $30.31 $33.19

Variable cost per unit $12.15 $13.45 $14.02 $14.55

Fixed operating costs $41,000 $41,670 $41,890 $40,100

Year 1 Year 2 Year 3 Year 4

Sales Revenue $125,244 $123,000 $130,333 $146,036

Variable costs $51,030 $55,145 $60,286 $64,020

Fixed operating costs $41,000 $41,670 $41,890 $40,100

Total costs $92,030 $96,815 $102,176 $104,120

Income before tax $23,214 $26,185 $28,157 $41,916

Income tax (25%) 5,804 6,546 7,039 10,479

Net income/cash inflow $17,410 $19,639 $21,118 $31,437

PV factor 0.901 0.812 0.731 0.659

Present value $15,686 $15,947 $15,437 $20,717

Total present value of the cash inflows = $67,787

Less investment cost of equipment = 10,000

Project's net present value (NPV) = $57,787

3 0

3 years ago

BE16.15 (LO 5) Bedard Corporation reported net income of $300,000 in 2020 and had 200,000 shares of common stock outstanding thr

Verizon [17]

Answer:

$1.40 per share

Explanation:

The computation of the diluted earning per share is shown below:

Diluted earning per share = Net income ÷ weighted number of shares

where,

Net income is $300,000

And, the weighted number of shares is

= 200,000 shares + (45,000 options - 45,000 options × $10 ÷ $15

= 200,000 shares + (45,000 options - 30,000 options)

= 200,000 shares + 15,000

= 215,000 shares

So, the diluted per share is

= $300,000 ÷ 215,000 shares

= $1.40 per share

5 0

3 years ago