In 2018, your hotel bill in dollars compared to the cost in 2016 would have been <u>more</u>.
<h3>Why would the cost be higher?</h3>
In the year 2016 the U.S. dollar could buy more Euros that it could in the year 2018.This means that the Euro got stronger.
With the Euro being stronger in 2018 than it was in 2016, spending in Euros would attract more U.S. dollars being spent so the cost of the hotel bill would have been more in 2018.
Find out more on exchange rates at brainly.com/question/1297745.
Answer:
Descriptive Statistics
Explanation:
Descriptive Statistics is a technique in which data is collected and then analysis is made on the selected data through numerical techniques or graphs. In the given question the students have selected stocks and are analyzing its performance through graphical and numerical technique. This is descriptive statistics.
Answer:
The 10,000 units of output that will be supplied by the two firms to the market.
Profit that each firm would earn will be higher than previous.
Explanation:
The firm selling 4,000 units at the price of $10 per unit. If the output is increased to 6,000 units the price will increase to $11 per unit. If the new 6,000 units are produced along with the previous 4,000 units then the total output supplied by the two firms will be 10,000 units (6,000 + 4,000). The supply of goods in the market will increase so price will fall and the revenue for the firms will decline but they can benefit with sales volume and their profit can increase.
Answer:
They create the money they lend to borrowers.
Explanation:
:) Let me know if this helps!
(Are you talking about commercial banks?)
