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3 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]3 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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Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their

Reil [10]

Answer:

making it illegal to "disturb the peace."

Explanation:

The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.

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3 years ago

Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

mr_godi [17]

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4 years ago

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aev [14]

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3 years ago

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The _____, which can hold a wide variety of merchandise by means of hardware hung from the vertical spine, is the workhorse fixt

ohaa [14]

Answer and Explanation:

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3 years ago

Assume it costs Lady Marion Seafood, Inc. $30 to each catch, process, freeze, package, and ship 5 pound packages of Alaskan Salm

saul85 [17]

Answer:

Standard markup pricing

Explanation:

Standard markup is a quick and easy way to find out how much you pay for your goods or services.

After calculating the actual cost of the product, the seller or business owner adds a percentage of the actual cost of the product to arrive at its selling price.

so here

Actual cost = $30

Markup = 60% of actual cost

Markup = 0.6 × $30

Markup = $18

so selling price is

selling price = $(30 + 18)

selling price = $48

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3 years ago