Answer: 1 U.S. dollar equals 1.44 Swiss francs
Explanation:
The Purchasing power parity (PPP) is used by economists or financial analysts to make comparison between the standards of living and the economic productivity that exist between countries.
From the question, we are told that a box of chocolate candy costs 28.80 Swiss francs in Switzerland and $20 in the United States. The current exchange rate will be:
1 U.S dollar = (28.80/20) Swiss Francs
1 U. S Dollar = 1.44 Swiss Francs
C: software
in most countries, there are four primary types of intellectual property (IP) that can be legally protected: patents, trademarks, copyrights, and trade secrets.
Copyrights do not protect ideas, but rather the manner in which ideas are expressed (“original works of authorship”) - written works, art, music, architectural drawings, or even programming code for software
Answer:
A) The amount of unemployment that a country typically experiences is a determinant of that country's standard of living, and some degree of unemployment is inevitable in a complex economy.
Explanation:
Higher unemployment inevitably leads to a decrease in the standard of living. We don't have to go back to the great depression to realize that high unemployment increases poverty, we only need to look back 12 years ago during the Great Recession. As the economy collapsed, the housing bubble bursted, and the financial sector was in shock, unemployment rate increased dramatically. Most people need to work in order to have a decent living, unless they are extremely rich and can afford not doing so.
Currently the US economy's unemployment is around 4%, which is considered a full employment level, since there will always be some frictional unemployment even when the economy is growing steadily.
Answer: 22% (B)
Explanation: To find the percentage that was deducted, you would first change all of the percentages to a decimal (move the decimal two places to the left). For example, 21% would be .21, 22% would be .22, etc. Then, multiply 378.18 by .21, .22, .23, and .24 until you find an answer that rounds to 83.20. 378.18 * .21 is $79.4178 so that cannot be the answer. However, 378.18 * .22 is 83.1996. Round that and you get 83.2. Therefore, the answer is B.
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