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Nadusha1986 [10]
2 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]2 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

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Answer:

informed consent

Explanation:

Based on the information provided, this is a violation of informed consent. This is because informed consent can only be granted when the individual signing the consent forms COMPLETELY understands and accepts the information presented in the forms. In this scenario, the family may speak English but since their native language is Korean and the consent forms are not offered in Korean there is a large possibility that some of the information may not be fully understood by the family. Thus they are not fully informed when signing.

7 0
3 years ago
A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to:________.
zhuklara [117]

Answer:

Consummation

Explanation:

A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to consummation.

5 0
3 years ago
During 2018, T Company engaged in the following activities: Distribution of cash dividends declared in 2017 $ 48 Fair value of s
VikaD [51]

Answer:

$440

Explanation:

First and foremost the financing activities hinted in  the question are as follows:

Distribution of cash dividends declared in 2017 $ 48(outflow)

Payment to retire bonds $452(outflow)

Proceeds from the sale of treasury stock (cost: $52) $60(inflow)

net cash outflows from financing activities=-$48-$452+$60

net cash outflows from financing activities=-$440

7 0
3 years ago
The demand curve suggests that an auto manufacturer will sell 20,000 Mercedes-Benz M-Class vehicles when they are priced at $50,
andrew11 [14]

Answer:

c. -3.07

Explanation:

price elasticity of demand = % change in quantity demanded / % change in price

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  • % change in price = (45,000 - $50,800) / $50,800 = -0.114 = 11.4%

price elasticity of demand = 35% / -11.4% = -3.07 or |3.07| in absolute terms

since the price elasticity is higher than |1|, then it is price elastic, which means that a 1% change in price will change the quantity demand in a higher proportion.

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3 years ago
Stephenson Company is trying to decide which one of two contracts it will accept. The costs and revenues associated with each ar
Paraphin [41]

Answer:

Stephenson Company

The amounts that are relevant for the selection of one contract over another are:

a) Contract revenue and labor costs

Explanation:

a) Data and Calculations:

Contract X Contract Z

Contract Revenue                         $ 200,000 $ 260,000

Materials                                               10,000       10,000

Labor                                                    88,000    120,000

Depreciation on Equipment                 8,000       10,000

Cost Incurred for Consulting Advice    1,500         1,500

Allocated Portion of Overhead            5,000        3,000

b) The costs of materials and cost incurred for consulting advice, though variable, are equal in each contract.  They are not relevant in determining the contract to choose.  Contract revenue and labor costs are variable and not equal.  They are relevant in determining the contract to select.  They make a difference in the decision.  Depreciation and overhead costs represent sunk costs.  They are not relevant in the decision.

3 0
2 years ago
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