Answer:
the exchange rate between two different currency is 6 pesos per dollar
Explanation:
The computation of the exchange rate between two different currency is
= Unit cost of spam in Wiknam ÷ unit cost of spam in Ectenia
= 24 pesos ÷ 4 dollars
= 6 pesos per dollar
hence, the exchange rate between two different currency is 6 pesos per dollar
We simply applied the above formula so that the currency rate could come
And, the same is to be applied
You’d like to borrow money because it will fund for whatever you want to purchase or fund, but you’ll have to give it back and depending on interest it would be more expensive.
Answer:
Mio's foreign earned income exclusion is $99,960
Explanation:
The calculation of the Mio's foreign earned income exclusion is given below:
The foreign earned income exclusion limit for 2020 is $107,600
Now the foreign earned income exclusion depend on days equivalent to
= Foreign earned income exclusion limit × (2020 days ÷ total number of days in a year)
= $107,600 × (340 days ÷ 366 days)
= $99,960
Hence, Mio's foreign earned income exclusion is $99,960
Answer: Decrease, Increase, Price flexibility.
Explanation: According to classical economics, a decrease in aggregate demand causes the price level to DECREASE in the long run. On the other hand, an increase in aggregate demand causes the price level to INCREASE in the long run. These changes occur because of PRICE FLEXIBILITY.
In a flexible market the forces of demand and supply determines the prices of commodities in the market.
As the demand Falls the prices also fall as the demand rises the prices of commodities also rises.
Yes, because firms produce where the marginal benefit to consumers equals the marginal cost of production.
