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14. If real exchange rate is equal to nominal exchange rate then
A. domestic price level is equal to foreign price level.B. domestic price level is higher than foreign price level.C. domestic price level is lower than foreign price level.D. None of the above.
15. If a Big Mac hamburger sells for the same dollar value in Tokyo as in Los Angeles then
A. exchange rates are said to be fixed.B. purchasing power parity holds.C. yen (JPY) have been replaced by dollars (USD) in Tokyo.D. the inflation rate in each country must equal zero.
Sydney is wants to start a new business, but would have to give up a job with a total compensation of $100,000 every year. After researching the new business opportunity, Syndey created following estimates.
Sal's International is a popular haircutting and styling salon near campus of University of New Orleans. Four barbers work full-time and spend an average of fifteen minutes per customer.
Political Economy and Foreign Direct Investment - Review the country's political economy
Calculate the value of the Intraindustry Trade
Discuss each of the six indicators, and explain its current status. In addition, present a separate graph for each indicator illustrating the historic trend for each.
In September 1983, it took 245 Japanese yen to equal $1. More than twenty years later that exchange rate had fallen to 108 yen to $1.
Determine the advantages or disadvantages of buying imports versus buying domestic products in relation to fashion industry.
Authorized and available shares Aspin Company charter authorizes issuance of 2,000,000 shares of common stock. Currently, 1,400,000 shares are outstanding and 100,000 shares are being held as treasury stock.
Which political system describes best the governance system of the EU? Is the governance system of the EU democratic? Why ‘yes', or why ‘not'?
Assume the exchange rate between United State, dollars and the Swiss franc was SFr1.6=$1, and the exchange rate between United State dollars and British pound was L1=$1.50.
May rise or reduce in absolute value as one moves southeast along an indifference curve, depending upon whether the substitution or income effect is dominant.
Discuss how do government bureaus differ from private firms and explain why is there good reason to believe that bureaucrats will seek to supply more than efficient level of their output in any year?
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