This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A widget costs 1000 in the US and CAD1200 in Canada. The current exchange rate is 1USD=1.09CAD. ... (Read 20 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
A widget costs 1000 in the US and CAD1200 in Canada. The current exchange rate is 1USD=1.09CAD. Given purchasing power parity, the Canadian dollar would_______to equilibrate prices
 a. Appreciate
 b. Depreciate
 c. Not change
 d. None of the above

Question 2

What is the average total cost of hiring the 7th worker?
 a. 400
  b. 800
  c. 1200
  d. 1600


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

canderson530

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


krzymel

  • Member
  • Posts: 548
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Cation binding and exchange. Cation binding and exchange.
To reverse the direction of operation, the polarity of the current through the motor is reversed. To reverse the direction of operation, the polarity of the current through the motor is reversed.
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
Age pyramid of Canada and Afghanistan Age pyramid of Canada and Afghanistan
Canada’s Arctic is changing dramatically Canada’s Arctic is changing dramatically
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library