Answer: Nether Australia or Europe
Explanation:
Purchasing power parity is a notion that states that prices of the same or similar goods should have the same price across the world after adjusting for exchange rate differences.
If the price of a tall latte in the U.S. is $4,00, it should be the same price in Europe and Australia after exchange rate adjustments.
$4.00 in Euro is: $4.00 in Australian dollars is:
= 4 * 0.8 = 4 * 1.4
= €3.20 = $5.60
Purchasing power parity does not hold in wither countries because the prices of the lattes are not equal to the $4.00 in the U.S. after adjustments for exchange rates.
Answer: Option (b) is correct.
Explanation:
Correct : by eliminating the need to travel to stores to shop.
Internet literally reduced the search cost by saving the travel time of the consumers to the shopping stores. Now days, almost all the consumers prefer to buy products online instead of travelling here and there for the products.
Buying products from the stores involves certain costs such as travelling cost, waste of time, miscellaneous,etc.
Hence, internet facility helps in reducing these kind of costs, that's why in today's world mostly people rely more on internet for shopping and all instead travelling to the stores.
Answer:
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Explanation:
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Answer:
None of the above.
Total Income from operation increase. 12,500.00
Explanation:
- Purchase cost from outside
$ 10.00 Per unit
- Inter transfer purchase from Division A
$ 9.50 Per unit
$ 0.50 Per unit
- Number of units purchased from Division A
25.000 Units
Total Income from operation increases 12,500.00
The most common state budget cycle is D) annual.
Most state governments use an annual budget cycle, 21 states use a biennial budget cycle which spans two years, and 2 states employ a combination of annual and biennial cycles.
