Answer:
the available options for this question are,
A. associated; does not
B. associated; also does
C. not associated; does
and the correct answer is option B. associated; also does.
the purchasing power means the ability of a currency unit to purchase a specific amount of goods and services and this is directly in line with the internal inflation rate of an economy.
Explanation:
Answer:
1) In general, is it a good idea to make only minimum payments on your credit cards?
-
No, the small payment requirement is mathematically guaranteed to keep you in debt for many years.
All you have to do is analyze the interest rates charged by the credit card companies and it is really difficult for any investment to match those interest rates.
2) Assuming you have $1,500 in your budget this month with which to pay down your credit cards, how much should you pay on each card?
I would start with the cards that charge the highest interest rates. I would pay the full balance of the department store card and the gasoline card = $600 + $300 = $900
Since I have $600 left, I would then pay the minimum payments for the cards that charge the least interest rates. I would pay $40 to Discover card and $60 to VISA.
The remaining $500 would be used to pay MasterCard 1 card and lower its balance.
Answer: 6.48%
Explanation:
This can be solved using the Quantity theory of money;
MV = PY
When dealing with changes, formula changes to;
% change in Money Supply + %change in velocity = %change in price + %change in real GDP
Velocity has been stable so will be zero.
change in money supply = 3.70% + 2.78%
= 6.48%
Most likely when the U.S. dollar appreciates, the MNC's interest owed on foreign funds borrowed will probably increase.
MNC refers to Multinational corporation .
- The Multinational corporation are known to borrow from foreign bodies in dollars.
- Hence, when the dollar appreciates, the amount owed to the foreign bodies will increase consequently.
Therefore, the Option C is correct because the MNC's interest owed on foreign funds borrowed will probably increase when U.S. Dollars appreciates.
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Maldonia must give up 8 units of TEA to get 16 units of lemons, while Desonia must give up 8 units of tea to get 4 get units of lemons. Hence the opportunity cost of productivity are units of lemon for Maldonia -0.5y(-8/16), and for Desonia it is -2y(-8/4).This means Maldonia has comparative advantage in producing lemon and Desonia has comparative advantage in tea.
