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Alisiya [41]
3 years ago
6

Assume that the inflation rate becomes much higher in the U.K. relative to the U.S. This will place ____ pressure on the value o

f the British pound. Also, assume that interest rates in the U.K. begin to rise relative to interest rates in the U.S. The change in interest rates will place ____ pressure on the value of the British pound.
Business
1 answer:
RUDIKE [14]3 years ago
6 0

Answer:

The correct answer is: downward; upward.

Explanation:

A higher inflation rate will put a downward pressure on the value of British pound. The value of British pound will decline in terms of US dollars. This is because inflation means that the price level will rise. This will cause the demand for British goods to decline. Consumers will prefer to purchase American goods. As a result the demand for dollars and supply of pounds will increase decreasing the value of pounds.

As interest rate in UK becomes higher than interest rate in US, the investors will prefer to invest in UK. This will increase the demand for British pounds and supply of dollars. As a result, the value of British pounds will increase.

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bekas [8.4K]

Answer:

B

Explanation:

I think you've already figured this out for yourself, but I thought I'd answer anyway and maybe clarify some things.

Supply is the total amount of a <u>good or service</u> that is available to consumers.

  • Think about it: goods are physical things bought and sold, like apples. Services are actions done for another person, like taxi driving or renting a used car.
  • None of the other answers make sense: a "device" is not a strictly defined term in economics; an "industry" can't be available to consumers, and a "warranty" isn't applicable.
4 0
3 years ago
Read 2 more answers
In the recent past, the government has attempted to stimulate the economy by sending tax refunds to individual people so that th
blondinia [14]

Answer:

The correct answer to the following question will be "Consumption".

Explanation:

Investments, welfare spending, consumer spending are essential elements of GDP. That tells them what a nation is doing well. For every year, GDP is the world's total economic production.

Expenditure on resources consumption includes:

  • Durable goods (Furniture, cars, etc).
  • Non-durable goods (Oils. clothing, etc).
  • Services (Education, health, etc).

Therefore, it's the right answer.

3 0
2 years ago
S'Round Sound, Inc. reported the following results from the sale of 24,000 units of IT-54:
Alisiya [41]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Total Variable manufacturing costs 288,000

Unitary variable costs= 288,000/24,000= $12

Rhythm Company has offered to purchase 3,000 IT-54s at $16 each. No variable selling costs will be incurred.

Because it is a special offer and there is available capacity, we will not have into account the fixed costs.

Effect on income= 3,000*(16-12)= $12,000 increase

3 0
3 years ago
What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?
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Answer: D

Explanation:

Use the Mutlilevel List Icon

6 0
3 years ago
You sold ten put contracts on Cross Town Bank stock at an option price per share of $0.85. The options have an exercise price of
Gnoma [55]

Answer:

-$4,150

Explanation:

Calculation to determine your net profit or loss on this investment

Using this formula

Net profit/Loss=(Option price per share-Exercise price+Stock price)×100×10

Let plug in the formula

Net loss = ($0.85 - $39 + $34) × 100 × 10

Net loss =-$4.15×100×19

Net loss = -$4,150

Therefore your net loss on this investment is -$4,150

8 0
2 years ago
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