Answer:
Option C: the price of one country's currency in terms of another country's currency
Explanation:
Exchange rate is simply the rate at which one currency is converted into another currency. foreign exchange market is said to be a market for changing or converting the currency of one country into that of another country. It enables conversion of the currency of one country into the currency of another and provides some insurance against foreign exchange risk.
Answer:
Multiplier effect in the 4th round = 3.58
Explanation:
A change in aggregate demand can create a much greater impact in the equilibrium national income. This is known as the multiplier effect. This occurs when injections of new demand for goods and services into the circular flow of income creates further rounds of spending. For example, if the government spending was on building new affordable houses then the need for housing materials will create demand for wood, cement and other housing supplies. Thus, these businesses will see a rise in sales. Whilst they benefit through profits, their employees would benefit from wages and salaries. As their income rises, they will spend it in the economy, and so will the businesses from their profits. This additional rounds of spending is the multiplier effect.
If a 100 increase creates 33 for the second round, it is 33% (33/100 x 100) i.e. 100 x 33% = 33
This is proven since 33 x 33% = 10.89 in the third round.
Hence, the multiplier effect in the forth round = 10.89 x 33% = 3.58
Answer: A. dialectic method
Explanation:
The DIALECTIC METHOD or DIALECTICS at it's basic level is a sort of debate between people of opposing viewpoints who wish to use the debate to come up with the best viewpoint by stating the facts and truths of their viewpoints.
They speak on whatever misgivings they may have about the other and explain in a logical manner why their views are better.
It is 'sort' of like a debate because unlike debates, it isn't supposed to get emotional but be fact and merit based.
Answer:Share group
Explanation:
A share group is a professional peer group of individual from NGA member companies. These meeting provide the opportunity for like segments in the independent grocery industry to meet in person, problem solve, swap ideas and help non competing industry partners.
Answer:
The Scientific Theory is based on using data and human strengths to increase output, while the Bureaucratic management style focuses on hierarchies and tight job roles. Regardless of the organization, the goals remain the same across the board. Every organization strives to minimize costs, while maximizing output.
