Future expectations for the mentioned items are as follows-
- Gold- The price would appreciate in the times to come
- Oil- The price would be at floor bottom in coming times with minor upticks at intervals
- Japanese Yen- The currency would depriciate with respect to USD
Explanation:
Given the Corona epidemic, ensuing US-China trade wars, US-Iran fiasco and dampening global growth prospects, the global economy is going through a phase of slowdown, if not recession.
Hence the general future expectation for the commodities are as follows-
- Gold- With global growths deepening and share markets crashing, investors would probably store their wealth in the form of gold. This would lead to appreciation in the gold prices. The prices have spiralled upwards in the last few months and would continue doing so in times ahead.
- Oil- Lack of demand, forced lockdowns of the economy, disrupted global growth has reduced the demand of the oil. Hence the demand graph has fallen and consequentially the prices of oil which is a floor value. It would continue to remain doing do so in times ahead.
- Japanese Yen- Yen would depreciate during this time due to the strengthening of the US dollar. This depreciation would continue.
Depression: ) ..................
Answer:
more
Explanation:
we know that here Price Elasticity of demand is express as
Price Elasticity of demand = PercentageChange is quantity demanded ÷ PercentageChange in price ...........................1
so that, Demand for gasoline is more elastic in the long run than in the short run because in the long run people can change their preferences and choices.
Answer:
It should be ensured that the ethics code of the company is both global as well as local in scope
Explanation:
Code of ethics is the set of the principles which is to be followed by the company or business in order to conduct or perform and it will guide the behavior as well as decision making.
The motive of the code is to provide the members with the guidelines for the making the ethical decisions as well as choices in order to perform the work.
So, the ethic or code should ensure that it has both local as well as global scope for the company.
NOTE: The options are missing so providing the direct answer.
