Answer:
The _purchasing power__ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two countries.
Explanation:
Answer:
2.0 percent
Explanation:
Inflation can be defined as the persistent rise in general price levels.
Inflation can be calculated by determining the change in price levels.
(122.4 / 120 ) - 1 = 0.02 = 2%
I hope my answer helps you
Answer:
(A) It encourages managers of departments with high ROIs to invest in average ROI projects.
Explanation:
The full form of ROI is Return of investment. Generally, ROI is used by different organizations to find out the profit from the expenditure. By using the concept of return of investment the organization can save money as well as time.ROI also helps to explore and measure potential returns on various investment opportunities
Therefore answer is a.
Answer:
Principal payment = $27,505.00
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.</em>
The principal repayment in year 1 = Annual payment - Interest payment in year 1
<em>Interest payment in year = Interest rate × Principal Amount</em>
=8% × 164,000
= $13,120.00
Principal payment = $40,635 - 13,120 = $27,505.00
Principal payment = $27,505.00
Answer:
Efficiency wage theory. Option A
Explanation: Efficiency wage theory is the idea that an increase in wages will lead to more productivity among workers because they will feel more motivated to work.
This is important for the employers also, because it will lead to higher productivity if they paid their employees more than what the market conditions dictate.
For example in a competitive labour market, employer A will enjoy more productivity and employee loyalty than employer B if employer A paid $10/hr and employer B paid $5/hr, in the same industry.
