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2 years ago

Explain the meaning of “strong” currency and “weak” currency. what are the advantages and disadvantages of each?

1 answer:

8 0

Strong currency and weak currency are relative. The terms are used to describe the value and the strength of a currency against other currencies.

When in strong currency, one can purchase more foreign currency and consumer will see lower or cheaper prices on foreign products. It helps to keep the inflation low. However, the disadvantage is most of the increase in spending will be in countries that are in weaker currency as consumer will less spend on local products.

If in weak currency, country’s export gets cheaper resulting to increase in sales that will lead to economic growth. The disadvantage is inflation will go higher and it will become more expensive to pay foreign investors that are priced in foreign currency.

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The Red Bud Co. pays a constant dividend of $1.80 a share. The company announced today that it will continue to do this for anot

Naddika [18.5K]

Answer:

One share of this stock worth today if the required rate of return is 7.4 percent is $ 3.24

Explanation:

According to the details the dividend for the next 2 years = $1.80 a share and the required return is=7.40%.

Hence to calculate current price of stock we have to use the following formula:

current price= present value of future cash flows

current price=$1.80/1.074 + $1.80/1.074∧2

current price= $ 3.24

current price of stock is $ 3.24

8 0

3 years ago

Select the items that describe how business investments can cause economic growth.

NikAS [45]

Investments can lead to more demand for goods. Investment means an increase in capital spending and is a component of Aggregate Demand (AD), if there is an increase in investment it will help to boost AD and therefore economic growth.

4 0

3 years ago

In the early days of the game industry, nearly all games were developed by designers, for designers. More specifically, what age

suter [353]

Based on historical perspective, the age range of the early game designers is between 40 to 60years old. Also, the gender for which the games were being designed is male.

<h3>History of Game Designs.</h3>

The history of game designs can be traced to William Higinbotham, a Physicist who created the first video game in 1958 at the age of 48 years.

William Higinbotham created the first video game during the Brookhaven annual visitors day to lighten the exhibition show.

The video game he created was tennis, known as "Tennis for Two," and the men in attendance played it.

Hence, in this case, it is concluded that the game designers were men, and they are in the age range of 40 to 60 years.

Learn more about the video game industry here: brainly.com/question/14468591

6 0

2 years ago

The equilibrium price and quantity of a good are found where the supply and demand curves intersect.

Drupady [299]

True. Do not forget that the equilibrium quantity is found when the quantity demanded is equal to the quantity supplied, which must be where the two curves intersect.

4 0

2 years ago

Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.45 per pound. 15,700

Andru [333]

Answer:

A) Price 7,080 U

B) Quantity 4,630.5 U

C) Total 11.710,5‬ U

Explanation:

DIRECT MATERIALS VARIANCES

$(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance$

std cost $3.45

actual cost $3.65

quantity 35,400

difference $(0.20)

$(0.2) \times 35,400 = DM \: price \: variance$

price variance $(7,080.00)

$(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance$

std quantity 36110.00

actual quantity 35400.00

std cost $3.45

difference 710.00

$(710) \times 3.45 = DM \: quantity \: variance$

quantity variance $2,449.50

Total Variance: 2,449.5 - 7,080 = -4.630,5‬

8 0

3 years ago