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eduard
4 years ago
14

Explain what happening in the graph with value of rand​

Business
1 answer:
andrezito [222]4 years ago
8 0

Answer:

Explanation:

uth Africa's rand traded around 14.8 per USD at the end of March, its highest level since March 22th, amid a slightly softer dollar and despite the reimposition of tighter domestic lockdown restrictions ahead of the long Easter weekend. Market sentiment was supported by prospects of a global economic recovery amid upbeat PMI Chinese data while President Biden is expected to unveil a massive infrastructure plan as part of his economic relief package to boost the US economy. On the domestic economic front, South Africa's trade surplus came in better-than-expected in February. The rand headed for a 2.2% monthly gain. .

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Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to
Margaret [11]

Answer:

B. The input gains from greater international specialization and trade are the equivalent of economic growth.

Explanation:

If a country moves outside its production possibilities curve, the country has experienced economic growth, precisely because it has increased the amount of goods it can produce according to the production possibilities curve.

International trade thus facilitates economic growth because it makes each country focus on the production of the goods that have the lower opportunity cost, and therefore, use the country's resources more efficiently. This, added to technological improvements, can help a country's economy become larger in both the short and long-term.

4 0
3 years ago
Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam
Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0
4 years ago
Suppose that you hold a piece of land in the City of London that you may want to sell in one year. As a U.S. resident, you are c
podryga [215]

Answer and Explanation:

(A) E(P) = (0.6) × ($2800) + (0.4) × ($2250)

= $1680+$900

= $2,580

E(S) = (0.6) × (1.40)+(0.4) × (1.5)

= 0.84 + 0.60

= $1.44

Var(S) = (0.6)(1.40 - 1.44)² + (.4)(1.50 - 1.44)²

= .00096+.00144

= 0.0024.

Cov(P,S) = (0.6)(2800-2580)(1.4-1.44) + (0.4)(2250-2580)(1.5-1.44)

= -5.28-7.92

= -13.20

b = Cov(P,S)/Var(S)

= -13.20/.0024

= -£5,500.

there is a negative exposure.  as the pound gets stronger/weaker against the dollar the dollar value of british holding goes higher.

(B)  b²Var(S) = (-5500)²(.0024) = 72,600($)²

(C). i would Buy 5,500 forward to hedge exchange risk exposure. By doing this, i can eliminate the volatility of the dollar value of your British asset that is due to the volatility of the exchange rate

4 0
4 years ago
The importance of having a positive attitude is overemphasized. Competence is the most important factor in determining work succ
Olin [163]
I think that the both factors are required in determining work success. Positive attitude grants you self-confidence in what you do and competence lets you do that with professionalism.
6 0
3 years ago
What common misconseptions about paying taxes exist? check all that apply​
11Alexandr11 [23.1K]

Answer:

The answer is:

1.A person who is unable to pay taxes does not have to pay them.

If you unable to pay your taxes, the amount of payment that you have to pay this year would be accumulated to the tax payment next year.

2.A person who chooses not to pay taxes does not have to pay them.

Paying taxes is an obligation of all working citizens, not a right. We do not get to choose whether we have to pay taxes or not.

3.Simply forgetting to file taxes will not result in jail time.

Since there is no actual intend to not paying your taxes, simply forgetting it usually would only resulted in fines from the IRS.

8 0
4 years ago
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