Purchasing power parity is basically the value of money in terms of what can be bought irrespective of market or region.
In the current scenario, Starbucks are expected to cost the same whether in Paris or Seattle. What matters here is the exchange rates.
If Starbucks costs $5 in Seattle and 4 Euros in Paris, the exchange rate is,
Exchange rate = Cost in Seattle/ Cost in Paris = $5/4 Euros = $1.25 per Euro or 4 Euros/$5 = 0.8 Euros per dollar. This means that Euro has more value than the dollar.
The correct answer is c.
Answer:
False
Explanation:
Net capital outflows is the difference between purchases of foreign assets by US citizens and the purchase of US assets by foreigners.
Net capital outflows = $450 million - $575 million = - 125 million
It implies that foreigners spent more and US citizens spent less, this is a trade surplus.
Trade surplus occurs when exports exceeds import.
The total investment stayed at the same constant value which is no changes have appeared from April to June<span>. From April to May, there was no difference between the month to month total investment value (0 = (500+400)-(600+300)). There was also no difference between the month to month total investment value from May to June (0 = (600+300)-(400+500)).</span>
Answer:
D. Task force.
Explanation:
Task force are basically created for a specific reason. They come from various department making it a cross-functional team, and they do not report the same manager.
Answer:
Three possible fees associated with a checking account:
- ATM fees: they usually applied to ATMs that are for general purpose, or that are not affiliated to your bank.
- Overdraft fees: they occur when you try to withdraw more money than you have on your account, or when you overspend. They can be avoided by keeping control of how much money you have left.
- Lost card fee: in case you lose your card and need the bank to issue it again, the bank will likely charge you a fee.