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ratelena [41]
3 years ago
6

Goods that cost 1/5 of one dollar in the U.S. cost one kroner in Denmark, the real exchange rate would be computed as how many D

anish goods per U.S. goods?
Mathematics
1 answer:
hodyreva [135]3 years ago
5 0

Answer:

The amount of Kroner that can be bought from 1/5 of one dollar.

Step-by-step explanation:

We have been given that goods that cost 1/5 of one dollar in the U.S. cost one kroner in Denmark. We are asked to find the the real exchange rate that would be computed as how many Danish goods per U.S. goods.

The real exchange rate tells us how much foreign currency can be exchanged for a unit of domestic currency.

It also tells us that how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.

Therefore, the real exchange rate would be the amount of Kroner that can be bought from 1/5 of one dollar.

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8 0
3 years ago
Keenan will run 2.5 miles from his house to Jared’s house. He plans to hang out for 45 minutes before walking home. If he can ru
jenyasd209 [6]

Answer:

Kennan will be from home approximately an hour and 48 minutes.

Step-by-step explanation:

We must know that total time (t_{T}) that Keenan will be from home is the sum of run (t_{R}), hang out (t_{H}) and walk times (t_{W}), measured in hours:

t_{T} = t_{R}+t_{H}+t_{W}

If Keenan runs and walks at constant speed, then equation above can be expanded:

t_{T} = \frac{x_{R}}{v_{R}}+t_{H}+ \frac{x_{W}}{v_{W}}

Where:

x_{R}, x_{W} - Run and walk distances, measured in miles.

v_{R}, v_{W} - Run and walk speeds, measured in miles per hour.

Given that x_{R}=x_{W} = 2.5\,mi, v_{R} = 6\,\frac{mi}{h}, v_{W} = 4\,\frac{mi}{h} and t_{H} = 0.75\,h, the total time is:

t_{T} = \frac{2.5\,mi}{6\,\frac{mi}{h} } + 0.75\,h+\frac{2.5\,mi}{4\,\frac{mi}{h} }

t_{T} = 1.792\,h (1\,h\,48\,m)

Kennan will be from home approximately an hour and 48 minutes.

7 0
3 years ago
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