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
Nadusha1986 [10]
3 years ago
13

v91. If a U.S. dollar purchases 4 Argentinean pesos, and a gallon of milk costs $3 in the U.S. and 6 pesos in Argentina what is

the real exchange rate
Business
1 answer:
Alla [95]3 years ago
6 0

The real exchange rate is 1 dollar = 2 Argentine pesos

The exchange rate is an economic term to refer to the relationship between two currencies. The exchange rate establishes the proportion of value that exists between two currencies. For example:

  • 1 Dollar is equivalent to 4 Argentine pesos

However, this rate does not represent reality in some places, there may be situations in which the proportions established by the exchange rate are not faithful to reality. For example:

  • 3 Dollars or 6 Argentine pesos are used to buy 1 gallon of milk.

In this example, it is evident that in reality, the dollar is not equivalent to 4 Argentine pesos but to 2 due to the proportion of value concerning a product. Therefore, the real exchange rate is 2 Argentine pesos for every American dollar.

Learn more in: brainly.com/question/15169469

You might be interested in
“If you had all the money you needed,
svetoff [14.1K]
I would give homless people food clothes some cash and let them wash their hair. I would travel to Italy with my family and Hawaii. If I could have millions of dollars I would take it and use it for good.
7 0
3 years ago
Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $199,000 on sales of $2,340,000. Division B is able
mojhsa [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Division A has a profit of $199,000 on sales of $2,340,000. Division B is able to make only $32,500 on sales of $368,000

Gross profti margin= gross profit/revenue

Division A:

Gross profit margin= 199,000/2,340,000= 0.085= 8.5%

Division B:

Gross profit margin= 32,500/368,000= 0.088= 8.8%

5 0
3 years ago
If the prices of X and Y are $2 and $4 per unit, respectively, and this consumer has $10 in income to spend, to maximize total u
beks73 [17]

Answer:

In this case the consumer needs to buy one unit of X good and 2 units of Y goods to maximize total utility.

Explanation:

In order to maximize total unity, the consumer needs to buy buy one unit of X good and 2 units of Y. This combination of goods will give the total satisfaction to the consumer with its available resources.

Utility is a meaning, which is used in economics. Which is used for satisfaction and fulfillment. That a consumer receives from the consumption of a particular product or service.

Total utility is the overall or total satisfaction a customer receives through taking a specific good or service.

7 0
4 years ago
Which child care position will you be qualified for when you finish this Penn Foster program?     
Juli2301 [7.4K]
Teacher aide
Any three of the following:Teacher’s aideAssistantOwner/operator of a family child care settingNannyAu pair
7 0
3 years ago
Read 2 more answers
What does a background check consist of for employment?
Crazy boy [7]
It checks to see if you've had a background of like doing drugs or something illegal.
6 0
3 years ago
Other questions:
  • A nonprogrammed decision is applicable in any: routine situation where the company has a ready-made solution. decision that does
    10·2 answers
  • Simpson Inc. had a balance in the Deferred Tax Liability account of $420 on December 31, 2015, resulting from depreciation tempo
    14·1 answer
  • Warner Corporation purchased a machine 7 years ago for $405,000 when it launched product P50. Unfortunately, this machine has br
    9·1 answer
  • In which of the following economic systems is the government's role greatest?
    11·1 answer
  • Suppose the price of wheat is set at $5 a bushel and not allowed to decrease. This price is above the equilibrium price, which c
    12·2 answers
  • Benjamin has accepted a management position overseas in Japan. He is excited about this opportunity and has been learning about
    11·1 answer
  • In the equation 1,500(B – 15) = 3,000, B equals
    10·1 answer
  • How do facilitators ensure that a group works together effectively? Check all that apply.
    11·2 answers
  • A company has two products: Cakes and Cookies. It uses activity-based costing and has prepared the following analysis showing bu
    9·1 answer
  • I Will give brain if u give one to me
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!