Answer: D. A and B only
Explanation:
In a fix exchange rate, the country can address problem of currency market pressure that threaten yo lower or raise the value of its currency by this under listed measures;
1. if demand falls, then countries must increase demand by buying up the excess supply with domestic currency
2. if demand rises, countries must fill the excess demand for foreign currency by selling their reserves.
Answer:
employed workers and persons who are officially unemployed
Explanation:
The labor force is the force that involves the labors who are employed and the unemployed i.e. officially
In an equation, it can be
Labor force = Employed workers + unemployed workers
It is a combination of both the employed and the unemployed workers
hence, the correct option is third
Therefore all the other options are wrong as they do not meet the criteria of the labor force
Answer:
A good marketing tactic for reaching cold prospects is Advertising
Explanation:
A cold prospect is a qualified potential customer that has little or no knowledge about your goods and service or about your company. to make them know about you can reach them through target advertising because you don't have their personal contacts yet to do them a personalized email or calls.
Answer:
finding new users
Explanation:
Market modification refers to the mechanism whereby the companies try and increase the product life cycle by extending the same product to more users than before.
Market modification strategy may be carried out by increasing the usage i.e quantity of current product by the existing users, or by adding new users to the same product by making it suitable for more customers or by altering the product quality and it's packaging.
In the given case, the product which was initially targeted at men, providing solution to the problem of hair loss, was later marketed to women too. So in this case, the company basically specified i.e informed the customers that it is not specific to a particular gender as the problem is common to all and anybody who seeks remedy to the problem, can use the product.
Thereby, the company found new users in the form of women, to whom such products can be extended and sold.
Answer:
$10,020
Explanation:
The computation of the large amount that should be deposited is shown below:
Future value of annuity is
= Annuity × [(1+rate)^time period-1] ÷ rate
= Annuity × [(1.045)^45-1] ÷ 0.045
= Annuity × 138.8499651
Future value = Present value (1 +interest rate)^number of years
where
= $15,000 × (1.045)^45
Now
The total future value: is
$1,500,000 = $15,000 × (1.045)^45 + Annuity × 138.8499651
$1,500,000 = ($15,000 ×7.24824843) + Annuity × 138.8499651
Annuity = ($1,500,000 - $108,723.7264) ÷ 138.8499651
= $10,020
