Question: At the end of 2006 an expert economist from the
At the end of 2006 an expert economist from the Global Economic Institute in Kiel, Germany, predicted a drop in the value of the dollar against the euro of 10% over the next 5 years. If the exchange rate was $1.27 to 1 euro on November 5, 2006, and was $1.45 to 1 euro on November 5, 2007, what was the actual drop in the value of the dollar over the first year?
Answer to relevant QuestionsThe intensity of the Sun's radiation that reaches Earth's atmosphere is 1.4 kW/m2 (kW = kilowatt; W = watt). Convert this to W/cm2. (a) How many square centimeters are in 1 square foot? (1 in. = 2.54 cm.) (b) How many square centimeters are in 1 square meter? (c) Using your answers to parts (a) and (b), but without using your calculator, roughly how ...An expression for buoyant force is FB = ρgV, where F B has dimensions [MLT−2], r (density) has dimensions [ML−3], and g (gravitational field strength) has dimensions [LT−2]. (a) What must be the dimensions of V? (b) ...What is the order of magnitude of the number of seconds in one year? An object is moving in the x -direction. A graph of the distance it has moved as a function of time is shown. (a) What are the slope and vertical axis intercept? (Be sure to include units.) (b) What physical significance do ...
Post your question