1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
scoundrel [369]
3 years ago
11

Suppose individuals wish to obtain the most accurate comparison of living standards between the US and Saudi Arabia. To do so, o

ne would convert Saudi Arabian output into dollars using__________.
A) the current nominal exchange rate.
B) the current real exchange rate.
C) the prior year's real exchange rate.
D) an average of the last five years' exchange rates.
E) purchasing power parity methods.
Business
1 answer:
valina [46]3 years ago
7 0

Answer:

Purchasing power parity methods

Explanation:

Purchasing power parity (PPP) method compares the productivity and the standards of living between countries by using the 'basket of goods approach'.   The basket approach implies a determination of the quantity of money needed to purchase a common unit(basket) of goods and services in different countries.  Two countries will be said to be at par if a 'basket of goods' costs the same considering the exchange rates.

Cost of living and the inflation rate in a country determine the purchasing power of its currency. Purchasing power parity attempts to equalize different currencies by considering inflation and purchasing power in each country.

You might be interested in
When recording inflow and outflow of cash flow statements it is important to
Nastasia [14]

Answer: Cash inflows include the transfer of funds to a company from another party as a result of core operations, investments or financing. Such cash inflows include payments to the company by customers and banks and the contribution of equity by investors who purchase the company’s stock or partial ownership in a company.

Cash outflows include the transfer of funds by a company to another party. Such cash outflows include payments to business partners including employees, suppliers or creditors. Cash outflows also occur when long-term assets are acquired, investments are purchased, or settlements and expenses are paid.

7 0
2 years ago
Joe Santos owns the only pizza parlor in a small town that is also home to a McDonald's, a Taco Bell, and a Kentucky Fried Chick
astra-53 [7]

Answer:

True

Explanation:

A more precise way to describe the situation is that Joe's pizza parlor is a monopolistic competition. But that definition considers that all 'food' items have some degree of close substitute relation.

But yes, if you consider this two conditions:

  1. a broad definition of monopoly
  2. other restaurants are not considered close substitutes for the food sold at the pizza parlor

Then yes, Joe has monopoly

5 0
3 years ago
Which of the following statements is NOT true of a department in the merchandise classification scheme? it is the second level i
Eva8 [605]
The first one is true I think
7 0
3 years ago
PMI members have determined that ________ are the values that drive ethical conduct for the project management profession. hones
AlexFokin [52]

Answer:

honesty, responsibility, respect and fairness.

Explanation:

Project management can be defined as a strategic process which typically involves planning, execution and completion of a project at a specific period of time, through the use of knowledge, skills and experience.

In project management, an important factor that plays a significant role in the daily behavior and interaction between all project managers and their client is ethics.

Hence, project Management Institute (PMI) members have determined that honesty, responsibility, respect and fairness are the values that drive ethical conduct for the project management profession.

<em>Generally, all parties such as clients, employees, taxpayers, stakeholders and vendors have rest of mind as a result of the code of ethics (honesty, responsibility, respect and fairness) that are binding on project management professionals</em>.

8 0
3 years ago
Several years ago, Black &amp; Decker purchased General Electric's small appliances product line. Black &amp; Decker purchased t
TEA [102]

Answer:

The correct answer is b. Cash Cow.

Explanation:

Multinationals look beyond their core business for additional sources of income to increase their income statement. Secondary income is those from products or services that differ from the main ones within a business. And despite their name, they can play a leading role in a brand's strategy and can give a vital boost to a company's revenue.

4 0
2 years ago
Other questions:
  • EcoSacks manufactures cloth shopping bags. The controller is preparing a budget for the coming year and asks for your assistance
    13·2 answers
  • Payback Period Jan Booth is considering investing in either a storage facility or a car wash facility. Both projects have a five
    8·1 answer
  • Local companies have expressed their enthusiasm about hiring UCF graduates who are able to sustain effort and interest in long t
    14·1 answer
  • Delos, Inc. reports the following information for​ April: Sigma Gamma Units sold 2 comma 000 units 800 units Sales price per uni
    9·1 answer
  • Angelica Canizales is the CEO of Mucho Dinero Enterprises. Sales have declined for four consecutive years and the firm's account
    6·1 answer
  • Compound growth in an economy can increase people’s standard of living for country Z. If the economy for country Z starts with a
    9·1 answer
  • Oct. 1 Stockholders invest $30,000 in exchange for common stock of the corporation.
    15·1 answer
  • Slide Corporation reported net income for the current year of $370,000 and paid cash dividends of $50,000. Power Company holds 4
    12·1 answer
  • When an analyst is looking at a company for the first time, which of the following four activities does he do first?
    5·1 answer
  • Suppose that annual income from a rental property is expected to start at ​$1,100 per year and decrease at a uniform amount of ​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!