If 1 U.S. dollar exchanges for 0.9 Canadian dollars, how much would it cost in U.S. dollars and cents to purchase a Canadian hockey jersey priced at 45 Canadian dollars?

What will be an ideal response?


45 รท 0.9 = $50.00

Economics

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Economics

What is the shape of average cost curve? Provide the reason for that particular shape.

What will be an ideal response?

Economics

A downward shift in the consumption function can be caused by:

a. expectations of higher inflation. b. an increase in wealth. c. a lower price level. d. none of these.

Economics

When you have equity in a company, it means you:

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Economics