Answer:
Agriculture is the traditional basis of the economies of the West Indies.
<h3>
What is the economy of the West Indies?</h3>
- Agriculture is the traditional basis of the economies of the West Indies, but production and employment in agriculture have been declining.
- Most countries are not self-sufficient in food production, and cereals, primarily wheat, are the chief food imports.
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The answers that fit the blanks provided are ECONOMIC and TRANSACTION, respectively. Based on the given scenario above regarding Atlanta company, and Phoenix company, we can say that Atlanta company is more exposed on the economic perspective, and Phoenix company is more exposed on the transaction perspective.
Answer:
The answer is $11.904.762
There an assumption about Depreciation, Amortization and Interest, it says increase by 10% over which there is no data to calculate,so It's used 10% of sales.
Explanation:
Income Statement
Sales $11.904.762
Cost of goods sold -$6.547.619
Gross Profit $5.357.143
depreciation, amortization and Interest -$1.190.476
Net Income BEFORE Taxes $4.166.667
Tax RATE 40% -$1.666.667
Net Income after Taxes $2.500.000
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Answer:
Relative prices would become more variable.
Menu and shoeleather costs would rise.
Hyperinflation could undermine the public's confidence in the economy.
Explanation:
The first reason that would make this to be effective is the hyperinflation that it will create and this is very bad for the economy as too much money will be chasing fewer goods.
Examples of what the effect of a paper money would be include: extreme hyperinflation can reduce the confidence of the public in the economy and economic policy; variability of the relative price between the countries will rise; shoeleather and menu costs will rise; it will result in an arbitrary change in tax liability; the level of uncertainty in the economy will rise and there will be an arbitrary wealth redistribution.
it should be noted this action would not deny the government seigniorage revenue from the inflation that would follow as the public will get the money dropped by the foreign airplanes.
