Answer: 1 U.S. dollar equals 1.44 Swiss francs
Explanation:
The Purchasing power parity (PPP) is used by economists or financial analysts to make comparison between the standards of living and the economic productivity that exist between countries.
From the question, we are told that a box of chocolate candy costs 28.80 Swiss francs in Switzerland and $20 in the United States. The current exchange rate will be:
1 U.S dollar = (28.80/20) Swiss Francs
1 U. S Dollar = 1.44 Swiss Francs
Answer: Inflation
Explanation:
Time series data are refer to those taken over a period of years with a minimum of four years being satisfactory. The data shown will have variations that fall under four major components being;
- Trend - Data that moves in a predictable fashion and so can be used to predict future behavior.
- Cycles - The variation here follows the business cycle or its own.
- Random Variables - Cannot be predicted.
- Seasonal - These follow a chronological pattern.
Only Inflation does not fall here.
Gross domestic product tracks economic growth by measuring all goods and services option B: produced by an economy.
<h3>
What is Gross domestic product?</h3>
Gross Domestic Product is refers to as the measurement of the total value of the output of all the goods and services produced within a Financial year by the country.
Moreover, the term GDP does not include Intermediate goods and services because it is only concerned with the New and Current production.
Therefore, correct option is B.
Learn more about Gross domestic product, refer to the link:
brainly.com/question/14290457
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Answer:
$24
Explanation:
Given that
Earning per hour is $15
Admission fee is $9
So, The computation of the total cost would be
= Earning per hour + admission fee of the local carnival
= $15 + $9
= $24
We simply added the earning per hour by working as an assistant coach and the admission fee of the local carnival so that the total cost of skipping practice and going to the carnival could come.