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Daniel [21]
1 year ago
5

If a bushel of wheat costs $6.40 in the US and costs 40 pesos in Mexico and the nominal exchange rate is 10 pesos per dollar, th

en the real exchange from the US perspective is 1.60. The US will... a. Import more bushels of wheat from Mexico b. Export more bushels of wheat to Mexicoc. No change in exports or importsd. None of these answers are correct
Business
1 answer:
Akimi4 [234]1 year ago
4 0

Answer:

a. Import more bushels of wheat from Mexico

Explanation:

When the real exchange rate is higher than one, a country is likely to import more, since goods are cheaper in the other country than locally. In this example, a bushel of wheat, in the US, costs $6.40, while in Mexico, the same product costs:

P=40\ pesos *\frac{\$1}{10\ pesos}\\ P=\$4

Therefore, the US will Import more bushels of wheat from Mexico.

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Emily, age 58, has been a participant in the Icon, Inc. ESOP for fifteen years. She plans to retire at 65. At the end of this ye
Andrej [43]

Answer:

How much must Icon allow Emily to diversify this year?

The answer is $250,000

Explanation:

  • After attaining the age of 55 years and participating already for ten years in the ESOP.
  • Emily will be allowed to diversify the value equal to 25% of investments.
  • 50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
  • Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.
7 0
1 year ago
What changes should be made to the above statement, located within a resume, to make it a more effective and powerful sounding q
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Explanation:

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Why would an advocate of the efficient market hypothesis believe that even if many investorsexhibit the behavioral biases discus
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Answer and Explanation:

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Gerald is very good with customers, is friendly, and works well with a team. Which career is Gerald most likely a part of? Nucle
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I think this is the answer.....

Hope this helps lmo

3 0
2 years ago
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Faux Trees Company produces artificial Christmas trees. A local shopping mall recently made a special order offer; the shopping
Arlecino [84]

Answer: $‭16,925.9‬0 increase

Explanation:

Company already has the excess capacity to handle this order so the fixed costs will not be included as they would have already been incurred.

Cost of manufacturing the trees would be:

= Variable cost + Fixed cost

= ((51.61 + 3.80 + 1.00 + 8.26 for white tree) * 230 trees) + 5,000 for molds

= (64.67 * 230) + 5,000

= $‭19,874.1‬0

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= $36,800

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= $‭16,925.9‬0 increase

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<em>Note: Options might be for a variant of this question. </em>

7 0
2 years ago
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