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LiRa [457]
3 years ago
8

The nominal exchange rate is A. the difference between the interest rate in one country and the interest rate in another country

. B. the price of one country's currency in terms of another's.
Business
1 answer:
Veronika [31]3 years ago
5 0

Answer:

Option (B) is correct.

Explanation:

The nominal exchange rate refers to the rate at which there is a buying and selling of goods and services among the countries. It is the amount of home currency that are needed to purchase a unit of foreign currency.

For example: A resident of India would need 75 Indian rupees to purchase a dollar of United States. Therefore, the nominal exchange rate between the India and the United States is as follows:

1 US dollar = Rs. 75

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Alcohol kills more people than all other types of illegal drugs combined.<br> A. True<br> B. False
borishaifa [10]
I would mark it as A, True.  B/C of how easy it is to get addicted and harm yourself. 
7 0
3 years ago
Read 2 more answers
Suppose Hank and Tony can both produce corn. If Hank's opportunity cost of producing a bushel of corn is 2 bushels of soybeans a
Alex787 [66]

Answer:

The correct answer is option a.

Explanation:

Comparative advantage refers to the situation where an individual, firm, or nation can produce a good at a comparatively lower opportunity cost.  

It is given here that,

Hank's opportunity cost of producing a bushel of corn = 2 bushels of soybeans  

And,

Tony's opportunity cost of producing a bushel of corn = 3 bushels of soybeans

We see that Hank has a lower opportunity costs in the production of corn. So we can say Hank has a comparative advantage in the production of corn. Or in other words, Hank specializes in the production of corn.

7 0
3 years ago
Cheryl is considering adding a rack of greeting cards to her product offerings at The Bitty Bookstore. Her fixed costs associate
MrRa [10]

Answer:

B. 200

Explanation:

At Break even point:

Total costs= Total revenue

In the given question

Total costs=Total variable costs+total fixed costs

                 =$1 *number of cards to be sold+$400

Total revenue=$3*number of cards to be sold

$1 *number of cards to be sold+$400=$3*number of cards to be sold

$3*number of cards to be sold-$1 *number of cards to be sold=$400

$2*number of cards to be sold-=$400

Number of units to be sold=$400/$2=200

So based on the above calculations, the answer shall be B. 200

5 0
3 years ago
Wyrich Corporation has two divisions: Blue Division and Gold Division. The following report is for the most recent operating per
Serhud [2]

Answer:

The Gold Division’s break-even sales is closest to $102,174

Explanation:

Break even point is the level of sales at which business has no profit no loss position. At this level of sales business covers all the variable and fixed costs as well.

                                             Gold Division

Sales                                         $131,000

Contribution margin                 $60,260

Contribution Margin Ratio        46%

Traceable fixed expenses       $47,000

Break-even Sales                     $102,174

Common fixed cost will not be added in calculation of divisional break-even.

Working

Contribution margin ratio = Contribution margin / Sales = 60260 / 131,000 = 46%

Break-even Sales = Fixed cost of division / Contribution margin of division = $47,000 / 46% = $102,174

8 0
3 years ago
If a business wanted to play an artist’s song in the background of their website, it must first consider the _____ of the musi
Bess [88]

Answer: copyright

Explanation:

3 0
3 years ago
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