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masha68 [24]
2 years ago
11

If the current exchange rate is 1.00 euro per dollar and the expected exchange rate at the end of the month rises to 1.20 euros

per dollar, then the demand for dollars ________ because people expect holding of dollars to become ________ profitable.
Business
1 answer:
dangina [55]2 years ago
7 0

Answer:

Increases; More

Explanation:

Given that,

Current exchange rate:

$1 = 1 euro

Expected exchange rate:

$1 = 1.20 euros

The above exchange rate indicates that there is an appreciation in value of dollar and a depreciation in the value of euro. An appreciation of a dollar will lead to increase the demand for dollar because people expect that holding dollar is more profitable than euro.

With the expected exchange rate, a europian resident have to pay more for per dollar purchase in future as compared to the current exchange rate.

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If a family spends its entire budget in a given time frame, the family can afford either 90 cans of soup or 60 frozen dinners. A
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Answer:

0.67

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If the family buys one can of soup, the opportunity cost is the frozen food forgone.

Opportunity cost of one can of soup = 60 / 90 = 0.67

I hope my answer helps you

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3 years ago
Adieu Enterprises, based in Toronto, decides to expand into the South American market. To do so, it establishes a separate opera
Ilia_Sergeevich [38]

Answer:

The statement is: True.

Explanation:

A wholly-owned subsidiary is a corporation with a common stock owned by another company at one hundred percent (100%). When a company owns less than fifty percent (50%) of another company, the company holds a minority interest in it. The parent company will control all development, management, and profits with a wholly-owned subsidiary but it also shares costs and responsibilities.

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3 years ago
Which of the following groups are text effects in word
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salary

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Explanation:

4 0
3 years ago
Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four
maxonik [38]

Answer:

Total= $77,153

Explanation:

Giving the following information:

Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four years.

The discount rate is 10%.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Cf1= 12,900*1.1^3= 17,169.9

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Cf4= 19,800

Total= $77,153

8 0
3 years ago
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