if ford mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then according to ppp pound is ______ and should ________.

Answers

Answer 1

Based on the information given, it can be deduced that according to ppp, pound is overvalued and should depreciate.

Purchasing power parity (PPP) simply means the idea that goods in a country will be the same cost in another country once their exchange rate is applied.

From the information given, since Ford Mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then, pound is overvalued and should depreciate.

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Related Questions

1. The current exchange rate between the Japanese Yen and the US Dollars is 80:1. If a new
3D TV set in Tokyo costs 80,000 yen, how many US Dollars would you need to purchase the
TV?

Answers

Answer:

1,000 US dollars

Explanation: 80,000 divided by the 80-1 ratio would equal 1000$

80,000/80=1000    

The current exchange rate between the Japanese Yen and the US Dollars is 80:1.  You would need 1,000 US dollars to purchase the TV.

What is exchange rate?

The price at which one currency will be traded for another is known as the exchange rate. Most often, currencies are national ones, but they can also be supra-national ones like the euro or sub-national ones like Hong Kong.

The rate at which one currency will be exchanged for another is known as the exchange rate. Some exchange rates are linked or fixed to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand.

You would need 1,000 US dollars to purchase the TV.

80,000 divided by the 80-1 ratio =  1000$

80,000/80=1000    

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A wholesale lending arrangement that permits a mortgage broker to originate, close, and fund a loan using a warehouse line of credit is called:

Answers

Answer:

table funding

Explanation:

A corporation issues for cash $8,000,000 of 20-year, 8% bonds, interest payable semiannually. The amount received for the bonds will be:

a. the present value of $8,000,000 to be repaid in 20 years, less the present value of 40 semiannual interest payments of $320,000.
b. the present value of 20 annual interest payments of $640,000, plus the present value of $8,000,000 to be repaid in 20 years.
c. the present value of 20 annual interest payments of $640,000.
d. the present value of 40 semiannual interest payments of $320,000, plus the present value of $8,000,000 to be repaid in 20 years.

Answers

Answer: D

Explanation: $8,000,000 was issued (sold) for cash. It has a 20-year maturity rate and interest is paid semiannually, meaning June 30 and December 31.

$8,000,000 x 0.08 = $640,000

$640,000/2 = $320,000

Keep in mind when a corporation issues bond to another entity, that entity has to repay the amount that was issued in bonds, plus the interest. Answer choices A, B, and C are out. The best choice is D which makes absolute sense since 20-year x 2 = 40 payments of $320,000 which gives $12,800,000. That's $4,800,000 in interest that the corporation is receiving for taking the risk of issuing the entity the $8,000,000 bonds for cash. The best choice is D.

Hope this explanation helps.

what is quality management

Answers

Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.

There are currently 69,000,000 U.S. Twitter users. Roughly 46% of Twitter are on the platform daily. How many Twitter users are on the platform daily?


a) 25,184,000
b) 31,740,000
c) 36,688,000
d) 42,044,000

Answers

Answer:

b. = 31,740,000

Explanation:

69,000,000 - 46% = 37260000

69,000,000 - 37260000 = 31,740,000

Conciliation differs from arbitration in that:________.
a. the conciliator is a neutral third party.
b. the conciliator's goal is to provide a solution to the dispute.
c. the conciliator's solution is legally binding on both the union and management.
d. the conciliator is a member of the union or of management.
e. the conciliator has no formal power over union representatives or management.

Answers

Answer:

I think answer is a.the concilliator is a neutral third party

oriental Rug Company ships six handmade rugs valued at $5,000 each on consignment to Consign Design. oriental Rug Company pays $1,000 of shipping costs and agrees to accept the return of any rugs within six months of the shipping date. oriental Rug Company also agrees to pay Consign Design a commission of 10 percent for any rug sold. At the end of five months, Consign Design has sold four of the rugs for a total price of $38,000.

The total inventory and revenue value reported by Consign Design at the end of the five months is: _________

Answers

Answer is :

0, 3,800

Explanation:

In a Consignor/consigned relationship, the consignor maintains the inventory on the books. The consigned does not record the full revenue amount, but rather a commission based on the agreement with the consignor. In this case, even though two rugs have not sold, the two rugs that remain unsold are reported on the books of Oriental Rug Company (the consignor). The revenue recorded on Consign Design's books from the sale of the four rugs is based on the agreed upon commission of 10 percent; therefore, $3,800 is the revenue recorded. The $34,200 (90 percent of the total sales) is the payable to Oriental Rug Company and will be recorded as revenue on its books.

The total inventory and revenue value reported by Consign Design at the end of the five months is: 0, 3,800

What is Consignor or consigned relationship?In a Consignor/consigned relationship, the consignor maintains the inventory on the books. The consigned does not record the full revenue amount, but rather a commission based on the agreement with the consignor. In this case, even though two rugs have not sold, the two rugs that remain unsold are reported on the books of Oriental Rug Company (the consignor). The revenue recorded on Consign Design's books from the sale of the four rugs is based on the agreed-upon commission of 10 percent; therefore, $3,800 is the revenue recorded. The $34,200 (90 percent of the total sales) is payable to Oriental Rug Company and will be recorded as revenue on its books.

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Paul obtains a $300,000 mortgage loan a 5/1 interest-only ARM with a 10 year balloon at a 3% start rate, a 2% margin, and 2/6 caps. The initial monthly payment for the loan is $750. On the anniversary date of the loan, the index being used adjusts as follows: Year 1: 2.50% (initial year); Year 2: 2.75%; Year 3: 3.25%; Year 4: 3.50%; Year 5: 3.75%; Year 6: 3.00%; Year 7: 2.80%; and Year 8: 5.00%. What will be Paul's monthly payment in year 4

Answers

Paul's monthly payment in year 4 is $1,050.

Data and Calculations:

Mortgage loan = $300,000

Mortgage term = 10 years

5/1 interest-only ARM rate = 3%

Interest margin = 2%

Interest caps = 2/6

Initial monthly payment = $750

The index adjustment is as follows:

Year 1   2.50% (initial year)

Year 2  2.75%

Year 3  3.25%

Year 4  3.50%

Year 5  3.75%

Year 6  3.00%

Year 7  2.80%

Year 8  5.00%

Thus, Paul's monthly payment in year 4 is $1,050 ($750/2.50% x 3.50%).

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what country is home to the world’s oldest continuously-operating business?

Answers

Answer:

Japan is the home to the worlds oldest operating Bush

What is a line extension?

Answers

Answer:

line extension is the use of an established product brand name for a new item in the same product category

Explanation:

what is the first thing you should do when you open an account

Answers

Answer : consider how much money you will add in your account and start saving up money

Explanation :

what is a public enterprise?

answer the question ✌​

Answers

A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public

Public Enterprise is a business organization partly owned by the state and controlled through a public authority.

Types :

Government companies Departmental undertakingsStatutory Corporations

Examples :

State Bank of IndiaOil & Natural Gas Corporation

_____ ratios measure the degree and effect of the firm's use of borrowed funds to finance its operations.

Answers

Answer:

DEBT ratios measures the degree and effect of the firms use of borrowed funds to finance it's operations

Answer:

leverage

Explanation:

TELL ME THE WAY TO THE EXIT (I NEED TO KILL ALL THE COCKROACHES

Answers

Answer: corner

Explanation:

The requirement for independent verification of a customer's identity when opening an account can be satisfied by examining a copy of the customer's: A birth certificate B driver's license C employer ID D latest federal tax return

Answers

Answer:

umm c I guess maybe hahhaha

which is one advantage of private insurance offered by most employers

Answers

Advantages of an employer plan: Your employer often splits the cost of premiums with you. Your employer does all of the work choosing the plan options. Premium contributions from your employer are not subject to federal taxes, and your contributions can be made pre-tax, which lowers your taxable income.

Answer: A managed care plan that keeps costs low

Explanation:

I took the test

Which is the best synthesis concerning utilizing the steps in Latane and Darley's five-step decision process

Answers

Answer:

The interconnectedness of the steps in the process leads logically from awareness to cognition/evaluation to action

Explanation:

The process's interconnection flows logically from awareness through cognitive processing to action.

Latane and Darley (1970) developed a five-stage model that explains why onlookers may or may not offer assistance in an emergency.

The answer 'No' results in no assistance being provided at each step of development, but the answer 'Yes' moves the person closer to offering support.

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Which term accurately describes Melanie, who was born in the United States and is currently working in Italy for a company headquartered in China

Answers

A third-country national serves as term that is utilized in description of Melanie, that is been given birth to, in the United States but Working in another country like China.

What is third-country national?

This serves as term to describe an individual that is doesn't belong to a citizen of a country such as United States but is is been assigned a duty.

People do this so as to get better opportunity in their career.

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If country A has a comparative advantage in the production of good X over country B, then:_________.
i. country A should not trade with country B.
ii. the domestic opportunity cost of producing X in country A is higher than in country B.
iii. the domestic opportunity cost of producing X in country A is lower than in country B.
iv. the domestic opportunity cost of producing X in country A is higher or lower than in country B.

Answers

Answer:

i believe your answer is option c. correc me if im wrong

Explanation:

If you invest $4,200 at a 8. 5% simple interest rate, approximately how many years will it take for you to have over $6,300?.

Answers

The number of years it would take to have over $6,300 is 6 years.

Simple interest is a type of interest in which interest is earned only on the amount of money deposited.

The formula that can be used to determine the number of years is: Interest / (principal x interest rate)

Interest = $6300 - $4,200 = $2100

Time = $2100 / ($4200 x 0.085)

2100 / 357

Time = 5.88 = 6 years

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What is the amount of money it costs to display or broadcast an advertisement called?

Answers

Cost per thousand (CPM)

What is the price at which equilibrium is achieved? $8 $9 $10 $30.

Answers

The equilibrium of the demand and supply can be achieved at a price of $9.

What is the equilibrium position?

The equilibrium is the position in the market where the demand curve and the supply curve intersects with each other at a particular point of price. At the point of equilibrium the quantity supplied and the quantity demanded are the same.

As per the graph, the demand curve shows the quantity demanded in the market at various prices in dollars while the supply curve shows the prices at which each quantity is supplied in the market.

Therefore, after examining the graph the point of intersection is at the point having the Dollar price of 9.

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Olivia asks several real estate agents to help her sell her house. A buyer is found. At the closing, no agent receives a commission. What type of listing agreement did Olivia make

Answers

Answer: Open Listing

Explanation: The seller sold the real estate herself therefore she did not have to pay a commission.

Fancy Nails cost formula for miscellaneous expenses is $30 per operating day plus $0.25 per client served. Fancy Nails' miscellaneous expense budget in a month when the business is going to be open for 25 days and they expect to serve a total of 2,400 clients is $______. (Enter your answer as a whole number.)

Answers

Answer:

2430.25

Explanation:

I hope it helps you

Based on the rate for the miscellaneous expenses,  Fancy Nails' miscellaneous expenses for 25 days is $1,250.

What are the miscellaneous expenses for 25 days?

Given the cost formula, the miscellaneous expenses will be:

= (Cost per operating day x Number of days) + (Cost per client x number of clients)

Solving gives:

= (30 x 25) + (0.25 x 2,000)

= 750 + 500

= $1,250

In conclusion, Fancy Nails will have miscellaneous expenses of $1,250.

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One disadvantage of using a company’s tuition reimbursement program is that _______.
a.
You may have to extend your contract with the company
b.
Your ongoing education costs will rise considerably
c.
It may decrease your job satisfaction if you become more skilled
d.
Ongoing education has been proven to decrease worker motivation

Answers

One disadvantage of using a company’s tuition reimbursement program is that you may have to extend your contract with the company.

Tuition reimbursement is offered by employers as a way to pay back employees for education expenses. The people who participated still have to pay out of pocket for the courses they take. At the end of the course, the employee can get back some or all of the tuition expenses.

Answer:

is A. You may have to extend your contract with the company

Explanation: I took the test and is right

Warmup- if you was an agent what 2 sports
you would manage and why?

Answers

Football and baseball because those are my favorite sports

what is bad customer service ? with example​

Answers

Bad customer service is like the employee or waiter is being mean or bad to the customers
An example is if you went into a restaurant and a worker came up to you and have bad posture and looked bored she may speak very rudely or seem to not be paying attention then if your food takes a while to come out or even if they say something that makes you uncomfortable or angered. They are many ways or bad customer service like in a clothes store if your buying g something and they treat that item with barely any respect.

why would the federal reserve enact an easy money policy

Answers

Answer:

Easy money is a representation of how the Fed can stimulate the economy using monetary policy. The Fed looks to create easy money when it wants to lower unemployment and boost economic growth, but a major side effect of doing so is inflation.

Explanation:

Suppose that a steel manufacturer headquartered in Japan sets up a subsidiary in Canada to produce steel. This practice is referred to as:

Answers

Hi! The answer would be “Horizontal integration”

what functions are performed through the up/down buttons on 2022 versa’s available advanced drive-assist® display?

Answers

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

To highlight multiple items on the menu screen.To use some primary screens in accessing available secondary screens.

Nissan is an automobile manufacturing company that designs and develop various automobile vehicles such as:

Nissan AltimaNissan PrimeraNissan AlmeraNissan Sentra Nissan Versa

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

1. To highlight multiple items on the menu screen.

2. To use some primary screens in accessing available secondary screens.

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