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
AlexFokin [52]
3 years ago
15

4.The inflation rate in the U.S. is 3%, while the inflation rate in Japan is 1.5%. The current exchange rate is $1 equal to 105

Japanese yen. If purchasing power parity condition is existed, what is the new exchange rate for the yen?
Business
1 answer:
Nana76 [90]3 years ago
5 0

Answer:

103.4709          

Explanation:

The computation is shown below:

Given that

U.S inflation rate = 3%

Japan inflation rate = 1.5%

Current exchange rate = 105

Now the new exchange rate for the yen is

= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)

= 105 × (1 + 1.5%) ÷ (1 + 3%)

= 105 × (1.015 ÷ 1.03)

= 105 × 0.985436893

= 103.4709          

You might be interested in
Computing net income LO A1
Sergio [31]
Ummmm ... ok will not have any money and I can get a new phone I can do that and then you make me wanna play and I will go back on Monday if it’s a little bit of the above I
5 0
3 years ago
What is the primary product focus for the lego company? select one: a. custom sculpture b. recycled plastic c. electronic device
Goryan [66]

<u>Children's construction sets</u><u> is the primary product focus for the </u><u>lego </u><u>company.</u>

<u />

What is the strategy of LEGO?

  • The LEGO Group's mission is to inspire and develop the builders of tomorrow through the power of play.
  • The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine.

Does LEGO use differentiation strategy?

  • The LEGO group is using the differentiation strategy as the company states, "we want to be the best, not the biggest."
  • In addition to that, the company is focusing on new product development along with innovation as well.

Why is LEGO so successful?

  • Instead of offering kids ready-made toys, LEGO gives them the opportunity to build their toys — a much more challenging activity which kept kids engaged for hours.
  • The LEGO System of Play becomes very successful and the company starts selling it to other countries.

Learn more about LEGO

brainly.com/question/16601881

#SPJ4

3 0
1 year ago
If firms in a perfectly competitive market are experiencing economic losses, then as time passes firms ________ and the market _
sukhopar [10]

Answer:

The correct choice is D

6 0
3 years ago
The production possibilities model shows an inverse relationship between the amount of one thing that can be produced and the am
Ivahew [28]

Answer:

Explanation:

The production possibility curve is a graphical illustration and tool used for economic analysis. It shows the various combination of goods that can be produced given available resources.

The PPC looks like a bow shape and has an inverse relationship, this is because this is because to produce 1 more of product A you need tp be willing to let go of 1 unit of product B(assuming we can only manufacture 2 products) this concept is known aa Marginal Rate of Transformation.

8 0
3 years ago
Read 2 more answers
Beck Inc. and Bryant Inc. have the following operating data:__________.
DiKsa [7]

Answer:

a. Beck Inc. = 5.00  and Bryant Inc. = 2.50

b. Beck Inc. =  $100,000 and 100%  : Bryant Inc. =  $150,000 and 50 %

c. True.

Explanation:

Degree of Operating Leverage shows,  the times Earnings Before Interest and Tax (EBIT) would change as a result of a change in Sales contribution.

Degree of Operating Leverage = Contribution ÷ EBIT

Thus,

Beck Inc = $500,000 ÷ $100,000

              = 5.00

Bryant Inc. = $750,000 ÷ $300,000

                 = 2.50

<em>If Sales increased by 20% the effects on Incomes would be :</em>

Beck Inc = 20% × 5.00

              = 100%

              = $100,000 × 100%

              = $100,000

Bryant Inc.=  20% × 2.50

              =  50 %

              =  $300,000 × 50 %

              =  $150,000

7 0
3 years ago
Other questions:
  • On December​1, Mountain and Meadow Tree Service prepaid $6,600 for six​ months' rent. Give the adjusting entry to record rent ex
    10·1 answer
  • Who is the government attempting to help by enforcing fraud laws?
    14·1 answer
  • The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calcu
    7·1 answer
  • Hayden Company is considering the acquisition of a machine that costs $675,000. The machine is expected to have a useful life of
    5·1 answer
  • If oligopolistic firms facing similar cost and demand conditions successfully collude, price and output results in this industry
    5·1 answer
  • A trademark is a device that can take almost any form as long as it is capable of identifying and distinguishing specific produc
    11·1 answer
  • This is the basis of most sauces:
    10·1 answer
  • Oh so you like brainly? Name every rank
    10·2 answers
  • When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the
    12·1 answer
  • When it comes to managing a corporation, the corporation relies on its board of directors and officers.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!