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Gala2k [10]
2 years ago
11

Purchasing power parity (PPP): a. almost never holds completely. b. is as commonly accepted as the law of demand. c. is a reason

why all economies have left the gold standard. d. represents the universality of exchange rate systems.
Business
1 answer:
Ahat [919]2 years ago
4 0

Answer:

The correct answer is letter "D": represents the universality of exchange rate systems.

Explanation:

Purchasing Power Parity or PPP compares different countries' currencies through a market's basket of goods approach. Two currencies are in PPP when a market basket of goods, taking into account the exchange rate is priced the same in both countries. PPP currency rates are considered more accurate than market-exchange rates.

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When people reply to formal job announcements, they are writing a(n) ______ cover letter since it is for an open position that a
Zarrin [17]
The choices were; a. informal, b. chronological, c. serialized, d.conversational, e. solicited.

The answer is, e. solicited. 
A solicited letter is written by the job hunter to the employer. It indicates the kind of working position the job hunter is applying for and also how she/he had learned there is a job opening in that position. 

The employer gets a specific idea on the job hunter's intention and also learn that the ads or announcement reached them.
8 0
2 years ago
The following computations were made from Clay Co.'s current-year-end books:Number of days' sales in inventory 61Number of days'
adelina 88 [10]

Answer: 94 DAYS

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therefore,

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5 0
2 years ago
Why is positive wording more effective in business messages than negative wording?
Vesna [10]
Positive wording has an effect on the message getting received, which is the goal.
3 0
3 years ago
Gourmet Pets is interested in computing the breakeven quantity for its new product, Prime Cuts. The annual fixed costs that must
dlinn [17]

Answer:

187,500 units.

Explanation:

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To calculate the break-even quantity, we use the formula

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7 0
3 years ago
Bond appraisals are used in the municipal secondary market because:_______. I the market is thin II the market is active III tra
gogolik [260]

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4 0
3 years ago
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