hallk19 hallk19

13-08-2020
Business

contestada

Suppose an item sells for $125 in the United States and for 62,500 pesos in Chile. According to the law of one price, the nominal exchange rate (pesos/dollar) should be ________.

Respuesta :

Tundexi Tundexi

14-08-2020

Answer:

$1 = 500 Pesos

1 Pesos = $0.002

Explanation:

$125 = 62,500 Pesos

$1 = 62,500 / 125

$1 = 500 Pesos

$1 = 500 Pesos

1 Pesos = $1 / 500

1 Pesos = $0.002

Answer Link

Otras preguntas

The september birthdays will be celebrated at the party didy kong is hosting

What is funny in the story lamb to the slaughter

Express 4.1 x 10–3 in standard notation.

Tyler placed six number tiles labeled 3, 8, 12, 15, 19, and 22 in a box. He picks one of the numbers from the box without looking. What is the probability Tyler

Are terms and ratios related?

convert improper fraction into mixed fraction 15/2

In which region would you find the most hardwood forests?

A researcher wanted to determine if the reaction time in people differs in their dominant hand versus their nondominant hand. To do this he recruited 15 subject

Why might working with n a commission basis make dealing with finances more difficult?

A study of the career paths of hotel general managers sent questionnaires to an SRS of 230 hotels belonging to major U.S. hotel chains. There were 119 responses