Answer:
Option "B" is the correct answer to the following statement.
Explanation:
Given:
Exchange rate of 1 Baht= $0.022
Expected inflation in united states (Assume) = 3% = 0.03
Expected inflation in Thailand (Assume) = 10% = 0.10
Computation:
After 1 year rate of 1 Baht in Dollar
The price in US = 1 × (1+0.03) = $1.03
The price in Thailand = 1 × (1+0.10) = 1.10 baht
1 baht = 1.03×0.022÷1.1 = $0.0206
Therefore, 1 baht = $0.21 (approx)
<span>When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers. Businesses face (HIGHER COST) because they must alter existing infrastructure to meet regulations. As a result, consumers pay (MORE) for produced goods.
This is a result of spending extra capital on the investment that business people make to ensure that they are following regulations. As a result, they need to increase the amount of the products that they are selling in order for them to have a Return of Investment (ROI).</span>
Answer: federal fund rate
Explanation:
Federal funds rate is simply defined as the interest rate which banks and credit unions which are also.refeeed to as depository institutions lend the balance that they've in their reserves balances to other depository institutions. It should be noted that no collateral is collected in this case.
The reserve balance is the fund which the central bank in a country makes compulsory for the commercial banks to have in order to maintain their reserve requirement. In this case, the banks thatt have surplus balances lend the balances to others that need the extra balance to make up theirs or need larger balances.
Federal fund rate is the rate of interest on which one bank gives short term or overnight loan to other banks.
here B of N will give the interest to Helper Bank as per the Federal Fund rate
Reasonable <u>assurance</u> that is financial statements are unbiased and credible.