The real exchange rate ( RER ) is the ratio of the price level abroad and the domestic price level.
RER = ( Nominal Exchange Rate x Foreign Price ) / ( Domestic Price )
The price of sofa is 2,400 pesos in Argentina and the nominal exchange rate is 4 pesos per dollar ( 2,400 : 4 = $600 )
RER = 4 x $600 / $800 = 3
Answer: The Real Exchange Rate is 3 pesos per dollar.
Answer:
b. decrease in the demand for the good.
Explanation:
An inferior good is a good whose demand falls when income increases and rises when income decreases.
A decrease in demand would lead to a leftward shift of the demand curve.
Inferior goods contrasts to a normal good. A normal good is a good whose demand increases when income rises and falls when income reduces.
Only a change in the price of a good leads to movement along the demand curve for that good.
I hope my answer helps you
Answer:
C. 2.253
Explanation:
The time between orders in WEEKS in a 52 week year can be calculated as follows
DATA
Annual Demand (D) = 1800 rolls
Cost per roll = $900
Annual holding cost (Ch) = 15% of $900 = $135
Ordering cost (Co) =$225
Solution
EOQ =
EOQ =
EOQ = 78 rolls
Number of orders = 1800/78
Number of orders = 23.077
The time between orders = 52/23.077
The time between orders = 2.253
Answer:
correct option is E. organizational citizenship behavior
Explanation:
solution
as per given we know that here Marianna help by gives up her lunch hour for colleague
so we can say this is perfect example of organizational citizenship behavior
because
(1) there job satisfaction is more closely related to contribution than to her core job task
(2) in same study also showed it colleague may not have a lot of work experience
(3) it also allows colleague to feel that they have greater control over the work they are doing
so we can say correct option is E. organizational citizenship behavior