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_______ is that money Which is accepted as a medium of exchange because of the trust between the payer and the Payee in economics
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- This is NOT for a grade ( please don't decline) Question 1: An American family goes on vacation to see h to r beautiful city of Cambridge England. They have budgeted $7000 to spend. How many pound Sterling will $7000 buy in month 1 vs month 2 and based on that when should they go vacation. Show your math Question 2: Japan Airlines is interested in purchasing new commercial aircraft from US at a price of $102 million per aircraft. What is the difference in the yen price between month 1 and month 2 based on this what month is Japan airlines more likely to buy. Show Math Question 3: An Irish family is buying Chinese Silk in a local retail store in Shanghai. Which month is it cheaper to buy. Show your mathLet us assume that a capitalist employs a worker for the production of bags for ladies. Production of one bag requires 12 hours of direct labor. Capitalist provides tools for production of bags. The direct labor content (equivalent) of these tools to produce one bag is 20 hours. Let us also assume that one hour of direct labor in that country is worth one schilling ( schilling is the national money of that country) Given these a) What will be the value of one bag (in schillings) in that country? b) What is the justified share (in schillings) of the capitalist (according to Marx) from the sale of one bag. c) If capitalist pays only 0.5 schillings per hour to the worker; what will be the surplus value and the capitalist for one bag?27. I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is highly influenced by market speculation, if it wants to increase production to take advantage of the current profit-maximizing opportunity, the company Group of answer choices must pay the market price for additional factors of production must increase what it pays for inputs that make up its costs of production. must reduce production to encourage speculators to drive gold prices higher. must alter the price of its labor inputs to maximize profits
- Refer to the following list, and explain who will be buying Canadian dollars and who will be selling. a) a Canadian businesswoman visiting Japan The Canadian businesswoman will be selling vCanadian dollars to buy Japanese yen b) a Russian tourist visiting Cape Breton The Russian tourist will be (Click to select) v dollars to spend in Cape Breton. c) an American corporation building a new plant in Saskatoon The American corporation will be (Click to select) v Canadian dollars in order to purchase the building in Saskatoon. d) a Canadian bank expanding its operations in the United States The Canadian bank will be (Click to select) v Canadian dollars to buy American dollars to expand its operations in the U.S. (Click to select) selling buyingInterest Rate (%) 2004 0 $75 150 225 Investment ($) Price Level Interest Rate (%) AS Q₁ Real GDP X Investment Demand 0 $50 100 150 Investment ($) -AD₂ (/=$100) AD3 (/=$50) Z AD₁ (/=$150) O Increase the money supply from $75 to $150 billion. O Increase the money supply from $150 to $225 billion. O Decrease the money supply from $225 to $150 billion. O Make no change in the money supply. Refer to the above diagrams, in which the numbers in parentheses near the AD1, AD2, and AD3 labels indicate the level of investment spending associated with each curve. All figures are in billions. The interest rate in the economy is 12 percent. What should the Fed do to achieve a noninflationary full-employment level of real GDP (Qf)?© Macmillan Learning The financial account records international transactions involving: high-value items, such as luxury autos, fine art, and jewelry. financial assets and "real" assets, including property and structures. corporate assets such as equipment, machinery, and other forms of capital. O goods and services sold on credit.
- Question 24 A medium of exchange is: an asset that can be used to transport purchasing power from one period of time to another the ability to buy something today but defer payment to the future a standard unit that provides a consistent way of comparing prices. what sellers generally accept and buyers generally use to pay for goods and services2. What is the equation of exchange? What are the variables, which are in it, and how do they relate to each other?case 1--------------------Ms. Aqeela is the CEO of a Future Solution Construction Company who engages in financial market since she has a brother who is a well-known financial broker. She is being updated by her brother about the current stock prices, and whose companies are doing good. She has installed in her phone an exchange rate program so she can also monitor the exchange rates of currencies. Some banks are now issuing NCD’s (Negotiable Certificate of Deposits) which are offering good rates. Gold derivative is also being offered in the market. As a CEO, Aqeela enjoys the credit card which becomes usable during her travels abroad. During her travels she learned a lot and discover many things like in Bangladesh she met professional people who belong in a group which benefitted their members and the profit that the organization received were return to members in a form of dividend and patronage refund. In USA she visited one organization that widen her knowledge about fixed…
- An asset is -- o anything with value that you want to own o anything with value that you own O anything with value that you've already sold o anything with no value that you ownSydney to Phoenix. Terry Lamoreaux owns homes in Sydney, Australia, and Phoenix, United States. He travels between the two cities at least twice a year. Because of his frequent trips, he wants to buy some new high-quality luggage. He has done his research and has decided to purchase a Briggs and Riley three-piece luggage set. There are retail stores in Phoenix and Sydney. Terry was a finance major and wants to use purchasing power parity to determine if he is paying the same price regardless of where he makes his purchase. If the price of the three-piece luggage set in Phoenix is $850 and the price of the same three-piece set in Sydney is A$930, using purchasing power parity, is the price of the luggage truly equal if the spot rate is A$1.0941/$?Tom and Sue had W-2 earnings of $100,000 last year. They deposited $5,000 into each of their IRAs from money that was in their checking account. They also sold their five year old car for $1,000 less than it was worth. Due to a slow down in the housing market, the value of their home decreased by $25,000. What is their change in net worth? a. No change b. Minus $19,000 c. Minus $26,000 d. Plus $9,000 e. Plus $74,000