If a firm in the U.S. wants to purchase 50,000 yuan worth of raw materials from a Chinese firm, how many dollars would it have to transfer to the firm? Assume that one dollar exchanges for 6 yuan in the foreign exchange market
A) $8333.33 B) $7,500 C) $6,773.21 D) $9,663.22
A
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Discouraged workers and marginally attached workers are
A) counted as employed by the BLS but are not part of the labor force. B) counted as employed by the BLS and are part of the labor force. C) counted as unemployed by the BLS and are part of the labor force. D) not part of the labor force. E) counted as unemployed by the BLS but are not part of the labor force.
The consumer price index is the
A) average of the prices of new final goods and services produced in the economy over a period of time. B) cost of a market basket of goods and services typically consumed in the base year. C) cost of a market basket of goods and services typically consumed in the current period. D) average of the prices of the goods and services purchased by a typical urban family of four.
The current federal tax structure has ______ tax brackets.
A. 5 B. 6 C. 7 D. 8
Liquidity of an asset refers to:
a. its level of risk. b. whether it is held domestically or overseas. c. the ease with which it can be sold. d. its volatility.