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
White raven [17]
3 years ago
6

In 1974, the price level for Pacifica was 100, the price level for Atlantica was also 100, and in the foreign exchange market 1

Pacifica pound was equal to 1 Atlantica mark. In 2003, the price level in Pacifica had risen to 280 and the price level in Atlantica had risen to 360. a. According to PPP, what should the pound-mark exchange rate be in 2003
Business
1 answer:
blsea [12.9K]3 years ago
6 0

Answer: 0.78 pound mark exchange rate

Explanation:

The Purchasing power parity (PPP) is typically used to make comparison between the currencies of different countries' currencies and also used in comparing their standards of living.

According to PPP, the pound-mark exchange rate in 2003 will be calculated as:

= 280/360

= 0.78

You might be interested in
A registered representative is considering prospecting a wealthy family member to see if she will open a brokerage account at hi
Pie

Answer:

B. This prospect can be called by the registered representative.

Explanation:

A  registered representative may be defined as a person working for a client facing financial firm like the brokerage firm and he acts as the representative for the clients who are trading the investment products as well as securities.

In the context, the prospect can be called by the registered representative. But there are three exceptions that are provided for the cold calls to any individual who are on the national Do not call list :

--- Established business relationship exception.

--- Prior express written consent exception

--- Personal relationship with the associated person exception.

Therefore, option (B) is correct.

3 0
3 years ago
50 POINTS AND BRAINLIEST! QUICKLY!! END OF YEAR PROJECT!!!
kenny6666 [7]
Hello!

<span>The check amount is recorded in the check Stub

</span><span>I subtract the check amount from the Balance forward

</span><span>The amount you record on the check is referred to as Debit

</span><span>In order to cash your check you must Endorse it

</span><span>When buying clothes, I use a Check instead of paying cash.

</span><span>If the bank makes a mistake on your account, they will Credit your account for the amount of the mistake.

</span><span>A mistake was made when writing my check, therefore, I must void it

</span><span>I sign the Signature line to validate the check

</span><span>When filling in the amount line I fill in the remaining space with a line.

</span><span>The account number is the lower left-hand corner of the check.

The answers are the bold words

Hope this helps!</span>
5 0
3 years ago
Read 2 more answers
The Solow model predicts that, over time, real GDP in developing economies could potentially converge to the same level of real
LekaFEV [45]

Answer: c. Over time, developing economies become richer, and developed economies become poorer, until they reach the same level of wealth.

Explanation:

The Solow model which is a neoclassical framework focuses on long term Economics and does indeed speak to the convergence of the Real GDPs of Developed Countries with that of Developing countries.

However, of all the options listed, Option C goes against the model because convergence cannot happen if the Developed Countries keep getting richer while Developing countries keep getting poorer. Should that happen, they will never get to the same level of wealth and indeed might end up on opposite sides of the wealth spectrum with Developed Countries being extremely wealthy and Developing countries being extremely poor.

For convergence to happen, the conditions in A, B and D are preferable as they can indeed bring about the said convergence.

7 0
4 years ago
What was real per capita GDP in 1933 measured in 2008 prices? (Use the data in the table below and a price index of 100/1400 to
Artist 52 [7]
There is some information in the table that is not needed in this problem. To find real per capita GDP in 1933 measured in 2008 prices, just multiply Nominal per capita GDP in 1933 by how many times expensive the prices are in 2008 than they were in 1933. The solution is $444 x 14 = $6,216. So, the answer is $6,216.
7 0
3 years ago
Gross profit does not appear to be:
frozen [14]

Answer:C. on a single-step income statement.

Explanation:A single-step income statement is a type of statement that lists all expenses in a single column,there is no separate column for the different types of costs. All the costs such as such as Operating and non-operating costs and cost of goods sold are all reported in a single column.

THIS TYPE OF INCOME STATEMENT IS USUALLY UTILIZED BY SMALL SCALE BUSINESS ORGANISATIONS SUCH AS SOLE PROPRIETOR AND PARTNERSHIP.

7 0
3 years ago
Other questions:
  • A rich relative has bequeathed you a growing perpetuity. the first payment will occur in a year and will be $ 3 comma 000$3,000.
    15·1 answer
  • Which ranking correctly puts the different types of retirement plans in order from the safest to the riskiest?
    9·1 answer
  • An alternative name for Bad Debt Expense is A. Collection Expense.B. Credit Loss Expense.C. Uncollectible Accounts Expense.D. De
    15·1 answer
  • If the government implements a binding price ceiling on insulin, this will
    5·1 answer
  • Nadia was informed about the interest rate and fees before she opened her account with the bank. What act or right made sure she
    7·2 answers
  • Design brief is a written plan delineating strategy, objectives, expectations, audience, brand, and group perception, and it may
    13·2 answers
  • 1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling pric
    6·1 answer
  • Other types of capital expenditure proposals may also sometimes be paired as either/or choices. Which of the following proposal
    5·1 answer
  • You need a 30-year, fixed-rate mortgage to buy a new home for $235,000. Your mortgage bank will lend you the money at an APR of
    6·1 answer
  • the aging of accounts receivable method is used to estimate bad debts at a certain firm. when accounting staff members total the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!