Answer:
the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
If the United States imports more than it exports, then this means that the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus.
Generally, when import exceeds export there would be a deficit in the financial account of the country.
Hence, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
Answer:
Barry cannot contribute any amount to Roth IRA
Explanation:
For a single/ unmarried individual to be able to contribute to Roth IRA plan, his Adjustable Gross Income (AGI) should range between $117,000 and $132,000. Since Barry's annual income is $190,000, which is higher than the maximum AGI required for a single to be able to contribute to Roth IRA, he cannot contribute to Roth IRA.
Answer:
Explanation:
one-year forward rate for year 2:
(1+4.75%)(1+f)=(1+4.95%)^2
(1+4.75%)(1+f)=1.10145025
(1+F)=1.10145025/1.0475
(1+f)=1.0515
f= 5.15%
one-year forward rate for year 3
:
(1+4.95%)^2 (1+f)=(1+5.25%)^3
(1+4.95%)^2 (1+f)=1.16591345312
(1+f)=1.16591345312
/1.10145025
(1+f)=1.0585
f=5.85%
one-year forward rate for year 4
:
(1+5.25%)^3 (1+f)=(1+5.65%)^4
(1+f)=1.0685
f= 6.85%
Answer:
50% share.
Explanation:
Given:
There are only three firms in a market.
The largest firm has sales of $500 million.
The second-largest has sales of $300 million.
The smallest has sales of $200 million.
Question asked:
The market share of the largest firm is ?
Solution:
As we know:
Total sales of the largest company = $500 million.
Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm
Total sales of the market = $500 million + $300 million + $200 million
= $1000 million
Therefore, the market share of the largest firm is 50%.
The question that is in appropriate is that are intact cash receipts deposited daily in the bank?
Explanation:
In a company before performing the audit the document that is provided to the employers of the company before the audit is the internal control questionnaire
Intact cash receipts can be deposited daily in the bank and there will be major need for a company to deposit the money in the bank and hence this question is inappropriate
