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Artyom0805 [142]
3 years ago
5

Which group would supply dollars in the foreign exchange market?

Business
1 answer:
Soloha48 [4]3 years ago
4 0

Answer:

The correct answer is 3

Explanation:

If Americans who want to buy or purchase the US goods, assets and services, which means that there will not be any foreign exchange market is required. Americans who would like to buy or purchase the European goods, they will demand Euros and this will not lead to supply of dollars.

So, European who want to purchase the US services, assets and goods will demon dollars and will lead to supply dollars.

Therefore, the 3 is the correct answer.

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During May, Bergan Company incurred factory overhead costs as follows: indirect materials, $8,800; indirect labor, $6,600; utili
Klio2033 [76]

Answer:

Dr Factory Overhead $29,200

Cr Materials 8800

Cr Wages payable 6600 Cr Utilities Payable 4800

Cr Accumulated Depreciation-Factory 9000

Explanation:

Preparation of the entry to record the factory overhead incurred during May.

Dr Factory Overhead $29,200

($8,800 + $6,600 + $4,800 + $9,000)

Cr Materials 8800

Cr Wages payable 6600 Cr Utilities Payable 4800

Cr Accumulated Depreciation-Factory 9000

(To record the factory overhead incurred during May)

8 0
3 years ago
An increase price caused no change in quantity demanded. Thus, demand must be
NNADVOKAT [17]

Answer:

Perfectly inelastic

Explanation:

A demand is perfectly inelastic when quantity demanded does not change in response to a change in price.

8 0
3 years ago
If all resources were perfectly adaptable for alternative uses, the production possibilities curve would:
Svet_ta [14]

Answer:

The correct answer is letter "C": be a straight line.

Explanation:

The Production Possibility Frontier (<em>PPF</em>) aims to determine what the maximum production would be using finite factors. Typically, the higher production of a good implies lowering the production of another. The PPF is represented by a graph with a vertical "X" axis and a horizontal "Y" axis for easiness in understanding.

Thus, if the factors for production were perfectly adaptable, the PPF curve will display a straight line in a graph.

8 0
3 years ago
Had columbus's voyage acquired wealth for spain, he was supposed to keep what amount?
kotegsom [21]
He was supposed to keep 10%.
The 10% share was one of the columbus demand' when both columbus and the crown agreed to the terms for his voyage fundinsg.
But, since <span>he had been relieved of his duties as governor, the Crown no longer feel obligated to honour the term of the contract.</span>
5 0
3 years ago
There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four possible so
vladimir2022 [97]

Answer:

Utopolis

a. Social states chosen by the government of Utopolis are:

Social State  Unemployed  Workers  Retirees

A                              12             50              10

D                               1              40                1

The reason for choosing these social states is that the social states of A and D reduce the headache felt by the government in managing unemployment and paying pensions to retirees, unlike the social states of B and C, which have equal numbers of the distinct subpopulations.

b. The enacted social state will be D.  This is the social state preferred by the majority of citizens.  There is a utopian economic condition achieved with social state D unlike with other social states.

Explanation:

a) Data and Calculations:

Utility levels in Utopolis:

Social State  Unemployed  Workers  Retirees

A                              12             50              10

B                             20             20             20

C                             15              15              15

D                               1             40                1

6 0
3 years ago
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