Answer:
Option (B) is correct.
Explanation:
1 pound = $1.60
1 pound = $1.50
So, there is a depreciation in the value of pound relative to the dollar and appreciation in the value of dollar relative to the pound.
Now, suppose a resident of united states purchase some quantity of goods(say, 20 shirts) from the seller in United kingdom.
Price of each shirt = 2 pounds
Hence,
Before the change in exchange rate, then the buyer have to pay in dollars:
= 20 × (2 × $1.60)
= 20 × 3.2
= $64
After the change in exchange rate, then the buyer have to pay in dollars:
= 20 × (2 × $1.50)
= 20 × 3
= $60
Hence, the amount paid by the resident of united states reduced because of the fall in exchange rate. Now, they have to pay less for the same amount of commodities. This shows that there is an appreciation in the currency of US relative to UK.
As per the given scenario, the interpersonal skill that should be used is negotiating effectively.
<h3>Who is a project manager?</h3>
A project manager refers to the person who is in overall charge of the planning and execution of a particular project.
As a project manager, the project is on number one priority. The interpersonal skill that is mainly used in this scenario is negotiating effectively.
Learn more about project manager here:
brainly.com/question/15610382
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Answer:
A) One exemption for their daughter Siera as a qualifying child but no exemption for Angela.
Explanation:
The six IRS requirements for determining a qualifying child are:
- Relationship
- Age
- Residence
- Support
- Joint return
- Citizenship
The problem with Angela is that she fails number 1, which means that she has no legal relationship with the Dasrups. She would qualify for the remaining 5, but if only one is missing, then the IRS will not qualify Angela.
On the other hand, Siera qualifies because she meets all the requirements.
Purchasing a new CD upon maturity of the current CD is commonly referred to as: rolling over. The term rollover in economics describe the <span>reinvesting funds from a mature security into a </span>new issue<span> of the same or a similar security. In this case the money is reinvested in the buying the same product because the old one is mature, </span><span>
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