BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The S$ was worth $0.75 and the C$ was worth $0.78. Under the condition, value of S$ in C$ = ____ ( 1Sin brp CND)
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C$ 1.04
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C$ 0.9615
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The marginal propensity to import (MPM) is the change in imports induced by a change in disposable income. The idea is that rising income for businesses and households spurs greater demand for goods from abroad and vice versa.
Detailed explanation-2: -The International Monetary System (IMS) constitutes an integrated set of money flows and related governance institutions that establish the quantities of money, the means for supporting currency requirements and the basis for exchange among currencies in order to meet payments obligations within and across countries.
There is 1 question to complete.