Suppose that when converting to the same currency values, the nominal gdp per capita in the fictional country of islandia is 25 percent higher than the nominal gdp per capita in the fictional country of mountainia. however, the purchasing power for the same amount of islandia currency is about 40 percent lower in islandia than in mountainia. if we use islandia as the base country for comparison, the ppp-adjusted gdp per capita in mountainia i(click to select) ts nominal gdp. less than which country has the higher average standard-of-living? greater thar equal to mountainia both are equal oit is not possible to determine which is higher o islandia purchasing power parity (ppp): is a reason why all economies have left the gold standard. is as commonly accepted as the law of demand. o almost never holds completely. represents the universality of exchange rate systems.

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates

Wo firms, a and b, each currently dump 50 tons of chemicals into the local river. the government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. it costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. the government gives each firm 20 pollution permits. government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. what is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other? a. $3,000; $1,500 b. $4,500; $3,500 c. $4,500; $4,000 d. $4,500; $2,500