Answer:
In yuan wage will be $97.5 yuan per hour
Explanation:
It is given average hourly wage in united state is $15 per hour
Exchange rate with chine = 6.5 yuan per dolor
We have to convert the hourly wage into yuan.
When we have to change dolor to yuan then we have to multiply dolor with exchange rate
Wages in yuan will be equal to $15×6.5 = 97.5 yuan per hour.
Answer: D. the increase in output growth from an increase in the saving rate falls over time, and that, other things the same, rich countries should grow faster than poor ones.
Explanation: Diminishing returns is a term used in economics to describe the reduction in marginal output level of a business entity as the amount of a singular factor of production is increased. THE LAW OF DIMINISHING RETURNS IS OF THE FUNDAMENTAL PRINCIPLES IN ECONOMICS OFTEN APPLIED TO PRODUCTION PROCESSES. The law states that if all other factors are kept constant in order to increase the production of a particular product or factor,it will get to a time when the actual increment per unit output will be reduced.
Answer: One thing that could be done to devalue a currency is to issue more currency into their markets.
Explanation:
Any asset or goods can be based on how scarce the product or assets it. The authorities in the foreign markets could make more currency and this will devalue the currency because the market will be saturated. The money/currency will still be at the same value as before but the purchasing power will be reduced since there is an added supply of money in the economy.
Answer:
1) Line extension
Explanation:
A product line is made up of a group of products manufactured by the same company and all of them are branded under the same name, e.g. Coke, Diet Coke, Coke Zero
When companies extends their product line, they are adding new products to an existing product line, benefiting from consumers' loyalty to the existing brand.
Answer:
Adds some updated features to product information, that way, he can effectively utilize the wiki feature as he so desires.
