mrblake3838 mrblake3838

23-04-2021
Business

contestada

Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodity is Spam. a. In 2015, a can of Spam costs 4 dollars in Ectenia and 24 pesos in Wiknam. What is the exchange rate between Ectenian dollars and Wiknamian pesos

Respuesta :

andromache andromache

27-04-2021

Answer:

the exchange rate between two different currency is 6 pesos per dollar

Explanation:

The computation of the exchange rate between two different currency is

= Unit cost of spam in Wiknam ÷ unit cost of spam in Ectenia

= 24 pesos ÷ 4 dollars

= 6 pesos per dollar

hence, the exchange rate between two different currency is 6 pesos per dollar

We simply applied the above formula so that the currency rate could come

And, the same is to be applied

Answer Link

Otras preguntas

the decimal representation of 30 kilogram and 43 gram is equal to_____kilogram

How were the experiences of asian and european immigrants similar during the industrial revolution?.

vsuppose the price of gasoline rises. as time passes, people adjust to the higher price, and the demand for gasoline becomes: more elastic. steeper. higher. mor

Some epigenetic research suggests that ________ factors might affect gene expression, including genes involved in serotonin and oxytocin, in ways that affect an

A 1.0kg block is placed on a 6.0kg wedge as shown. The block slides down the wedge and then to the right on the frictionless surface. The wedge moves to the lef

what fraction of ice is submerged when it floats in fresh water, given the density of water at 0 oc is very close to 1000 kg/m3. density of ice is 0.917 g/cm3.

Instructions: Show that the conjecture is false by finding a counterexample. Change the value of n below in order to make it a counterexample. "Two supplementar

how will you keep business running if you cannot receive your shipments from brazil beans, china teas, and the custom coffee press machines?

The coefficient of kinetic friction between an object and the surface upon which it is sliding is 0. 10. The mass of the object is 8. 0 kg. What is the force of

Why do you think o much emphai i placed on chain of cutody? Do you think it i fair to throw out evidence when chain of cutody i broken? Why or why not? What are