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Vedmedyk [2.9K]
3 years ago
13

Suppose the GDP of Australia is 100,000 AUD and the exchange rate between AUD and USD is 1.34 AUD=$1. What is the GDP of Austral

ia when measured in USD? Round your answer to the nearest hundredth.
Business
1 answer:
Hitman42 [59]3 years ago
4 0

Answer:

The value of GDP in dollars = $74600

Explanation:

Given the GDP (gross domestic product) of Australia = 100000 AUD

Given the exchange rate, 1.34 AUD = $1.

Since we have given the total amount of GDP for Australia and exchange rate. Now we have to calculate the value of Australian GDP in the dollars. We can find this by dividing the total GDP with 1.34 AUD.

The value of GDP in dollars = 100000 / 1.34 = $74626.86 or $74600.

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Finger [1]

Answer: c. shields the personal assets of owners from liability claims.

Explanation:

An advantage of limited liability is that it shields the personal assets of owners from liability claims.

For a limited liability company, it should be noted that the liabilities of the members in the company for the debts that are incurred are limited only to the investment of the members. Personal assets are not affected if the company first into debt.

3 0
3 years ago
What was the Bretton Woods system?
KonstantinChe [14]

Answer:

the International Trade Organization.

Explanation:

The Bretton Woods system was a post-World War II reconstruction plan which took place in New Hampshire to found three key institutions to promote capitalism, policy coordination and free trade respectively: the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), which later became the World Bank, and the International Trade Organization, which later became the World Trade Organization.

5 0
3 years ago
Going on ____ refers to the practice of a subordinate male convincing an ovulating female to move away from the community's terr
slamgirl [31]

Answer:

<em>I can see that there are no choices.</em>

mate-guarding

Explanation:

"Alternative mating strategies" are being used by either<em> female or male animals </em>in order to <u>defend the mating partner from another potential partner.</u>

In order to access the certainty of the male to the female, the male uses the strategy of mate-guarding. This means that the <em>male makes sure that he guards the female</em> and <u>wards off intruders. </u>This also prevents the female to seek other potential partners.

So, this explains the answer.

6 0
3 years ago
Suppose that you want to develop a product that can easily be configured in a wide variety of ways. What design approach would b
NNADVOKAT [17]

Answer:

Modular product design

Explanation:

Modular product design is a term used to describes a method or strategy of developing a product, by breaking the product's development into separate parts often referred to as modules, specifically according to their functions and operations such that these modules can be developed separately.

Hence, in this case, to develop a product that can easily be configured in a wide variety of ways. The design approach would be best be Modular product design

4 0
3 years ago
From the standpoint of economic efficiency, markets tend to provide a. less of a public good than would be efficient. b. more of
schepotkina [342]

Answer:

A) less of a public good than would be efficient.

Explanation:

The main characteristic of free markets is that the private participants (suppliers and consumers) decide how to allocate resources. They allocate resources in a way that their utility is maximized: suppliers maximize their profit while consumers maximize satisfaction. The problem with private goods  is that they do not maximize profits for the suppliers, therefore, very few or no suppliers are willing to supply them resulting in a shortage.

6 0
3 years ago
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