1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
2 years ago
7

A friend of yours suggests a get-rich-quick scheme: borrow from the nation with the lower nominal interest rate, invest in the n

ation with the higher nominal interest rate, and profit from the interest-rate differential. Which of the following statements explains the flaw in your friend's logic? Nominal exchange rates adjust for the effects of inflation. The scheme would work only if the real interest rates are the same in both nations. The scheme would work only if there is greater inflation in one nation than in the other.
Business
1 answer:
slava [35]2 years ago
3 0

Answer:

Nominal exchange rates adjust for the effects of inflation.

You might be interested in
A job applicant identifies preparing contract documents for construction managers as something the applicant considers
babunello [35]

Answer:

architect

Explanation:

i got it right on edge

3 0
2 years ago
Why is compounding interest monthly better than yearly ?
dalvyx [7]

Answer:

More interest payments on yearly computing.

Explanation:

It is generally said that if you can get monthly annual payments compared to yearly payments take it without a thought. This statement explains a lot; normally month payments are not available, but in some case they are. In annual payments, 12 months are compounded that is why it is higher rate compared to monthly. So, monthly payments are preferred

6 0
2 years ago
Which of the following is generally used by companies with fewer than 50 employees?
marshall27 [118]

Answer:

D

Explanation:

5 0
3 years ago
Robert started his company in his parents' garage because he could not afford to rent an office space. Most of his finances were
Levart [38]

Answer:

having lower overhead costs.

Explanation:

Robert started his company in his mother's garage so he did not have to pay rent or lease at the initial stage of his business. This gave him the opportunity to put his finances in essential aspects of his business.

Therefore he had an opportunity to reduce his overhead cost.

4 0
2 years ago
A cost object is anything for which management desires a separate tracking of costs, while a cost driver is the factor that caus
blondinia [14]

Answer:

The correct answer is True.

Explanation:

This statement, a cost object is anything for which management desires a separate tracking of costs, while a cost driver is the factor that causes the cost object to increase or decrease, is correct.

These terms are mostly used in activity based costing (ABC) system.

Examples of Cost Object are material procurement costs, quality control costs, materal handling costs, line set up costs e.t.c.

Example of Cost drivers are number of purchase orders, number of inspections, numbers of set-ups e.t.c.

6 0
2 years ago
Other questions:
  • When the Central Bank acts in a way that causes the money supply to increase while aggregate demand remains unchanged, it is
    15·1 answer
  • Economically rational means that consumers and firms
    5·1 answer
  • Suppose the production of a good results in positive externalities. The market will tend to _______________ this good and the go
    11·1 answer
  • Marketing cannot be successful if the product is not what the customer wants or if the quality is low.
    7·1 answer
  • An insurance policy sells for ​$1200. Based on past​ data, an average of 1 in 100 policyholders will file a ​$10 comma 000 ​clai
    5·1 answer
  • Suppose that each day, northern, central and southern California each use 100 billion gallons of water. Also assume that norther
    5·1 answer
  • How do u make friends
    7·2 answers
  • Natalie is a skilled theater artist. She is offered a job as a manager in a bank with an annual salary of​ $30,000, and she has
    9·1 answer
  • The cashew industry is perfectly competitive and until now each of the identical firms in the industry have been earning zero ec
    9·1 answer
  • Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $575,000. They moved into the home on February 1 of year
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!