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Economics
Foreign exchange
Demand and Supply
How would the demand-supply curve look if Japan sells dollars for yen?
1 answer
The demand-supply curve for what?
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A supermarket in Japan sells soy milk for 367 yen per liter. if there are 83.16 yen per dollar then what is the price in dollars
Top answer:
367Y/L * 1$/83.16Y * 0.946L/1qt = 267*0.946/83.16 = 3.04 $/qt
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Question 4(Multiple Choice Worth 5 points)
(01.05 LC) Which of the following is the state in which supply and demand are balanced
Top answer:
By responding to unmet needs
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Question 4(Multiple Choice Worth 5 points)
(01.05 LC) Which of the following is the state in which supply and demand are balanced
Top answer:
Equilibrium point
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If a country such as Europe sells their saved dollars as a result in a drop in U.S. sales and purchases, will the demand-supply
Top answer:
Europe is not a country. It's a continent. The European Union is made up of many independent
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Natasha went to Japan for a business trip. Natasha converted $1100US into 110682 Yen at the local bank. Natasha spent 87438.78
Top answer:
Number of Yen remaining = 110682 - 87438.78 = 23243.22 $1100US = 110682 Yen 1 Yen = 1100/110682 =
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use graph above. the most accurate equilibrium exchange rate for Japanese yen in the example would be
A. 0.01 dollars for each
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Without the graph or any additional information provided, it is not possible to determine the most
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(1 point) Note: This problem is similar to problems 1 and 8 in section 6.2 (pages 284-5). Supply and demand curves for a product
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To estimate the quantity sold, consumer surplus, producer surplus, and total gain for an artificial
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I just want to have a further or simple explanation on supply and demand curve, when do we say that the supply curve or the
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Certainly! Let's dive into the concepts of supply and demand curves and when we consider them
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How many dollars you have to spend to acquire the amount of yen required? (Base your answer on the scenario, should include a
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correct.
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While vacationing,john has dinner at a restaurant in Japan and his tab
comes to 3,428 yen. The exchange rate at the time of his
Top answer:
1 yen = 1.25 cents. 100 yens = 125 cents = 1.25$ So 3428 yens = 3428/1.25 $
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