Answer:
Hence correct option is b i.e 7.2 yuan.
Explanation:
Given data;
candy bar cost is $1
Nominal exchange rate = 6 yuan equal to 1 dollar
Real exchange rate is = 1.2 dollar per 6 yuan
Therefore price for one candy at china will be 
The price of candy bar at china is = 7.2 yuan
Hence correct option is b i.e 7.2 yuan.
Answer:
The opportunity cost of painting a house is higher for Alex Rodriguez than for the high school student
Explanation:
An opportunity cost may be defined as a loss of any potential gain in the group of certain alternatives out of which one alternative is chosen.
In the context, when Alex Rodriguez, a famous player hires a student in order to paint his house, it seems that the opportunity cost is higher for Alex Rodriguez when compared to the high school student whom he hired to pain the house. This is because the school student is not professional in painting skills but Alex would have hired a professional painter then the painter would have done the job better than the school student.
I think the answer would be executive power.
Answer:
The correct answer to the following question will be Option B.
Explanation:
FRS (Federal Reserve System) seems to be the United States banking system (central). The US socioeconomic as well as the financial framework is governed by the Fed because it is officially called.
The FRS acts in five particular roles:
- Make a monetary policy for the country.
- To provide United states government with services of banking and finance.
- Holding the financial sector intact.
- Surveillance.
- Attempting to protect customer's credit privileges.
The other three options are not related to the given scenario. So, Option B is the right answer.
<u>Answer:
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The birth of a son to James II was the event that most directly caused the Glorious Revolution.
<u>Explanation:
</u>
- James II was a determined catholic who wanted to reinstate the status of Catholicism in the kingdom.
- But as soon as a son was born to James II, his daughter Mary II. who was a protestant by belief, along with her husband, William of Orange, took over the throne and changed the way the kingdom was ruled.
- Mary II dispensed more power to the Parliament and took the initial steps towards a making England a political democracy.
