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
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A debit card differs from a credit card in that
A) a debit card is a loan while for a credit card purchase, payment is made immediately. B) a debit card is a long-term loan while a credit card is a short-term loan. C) a credit card is a loan while for a debit card purchase, payment is made immediately. D) a credit card is a long-term loan while a debit card is a short-term loan.
What is the shape of average cost curve? Provide the reason for that particular shape.
What will be an ideal response?
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.
When you have equity in a company, it means you:
A. own part of a company and share in its profits. B. have diversified the company's risk. C. have diversified your risk by investing with a company. D. own a portion of the debt obligations of a company.