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NEW QUESTION: 1
Universal Containers utilizes two contractors, Contractor 1 and Contractor 2, to perform repair work, Contractor 1 has provided service longer for Universal Containers and is considered to have more repair work expertise than Contractor 2. How should a Consultant configure this expertise for Contractor 1 versus Contractor 2?
A. Assign Contractor 1 as a Preferred Resource.
B. Assign Contractor 2 as an excluded Resource.
C. Assign Contractor 1 and 2 different capacities for repair work.
D. Assign Contractor 1 and 2 different Skill Levels for repair Work Type.
Answer: A

NEW QUESTION: 2
Debbie Angle and Craig Hohlman arc analysts for a large commercial bank, Arbutus National Bank.
Arbutus lias extensive dealings in both the spot and forward foreign exchange markets. Angle and Hohlman are providing a refresher course on foreign exchange relations for its traders. Unless indicated otherwise, Angle tells the traders to assume that real interest rates arc equivalent throughout the world.
Angle uses a three country example from North America to illustrate foreign exchange parity relations. In it, the Canadian dollar is expected to depreciate relative to the U.S. dollar and the Mexican peso. Nominal, one year interest rates in the United States are 7% and are 13% in Mexico. From this data and using the uncovered interest rate parity relationship, Angle forecasts future spot rates.
During their presentation, Hohlman discusses the effect of monetary and fiscal policies on exchange rates.
He cites a historical example from the United States, where the Federal Reserve shifted to an expansionary-monetary policy to stimulate economic growth. This shift was largely unanticipated by the financial markets because the markets thought the Federal Reserve was more concerned with inflationary pressures. Hohlman states that the effect of this policy was an increase in economic growth and an increase in inflation. The cumulative effect on the dollar was unchanged, however, because, according to Hohlman, an increase in U.S. economic growth would strengthen the dollar whereas an increase in inflation would weaken the dollar.
Regarding U.S. fiscal policies, Hohlman states that if these were unexpectedly expansionary, real interest rates would increase, which would produce an appreciation of the dollar. But, Hohlman adds, an increase in the federal budget would encourage imports such that the overall short-run effect would be for a decrease in the value of the dollar.
Using this same historical example, Angle discusses capital flows and the effect on the balance-of- payments components. Angle makes the following statements:
Statement 1; Differences in real interest rates will cause a flow of capital into those countries with the highest available real rates of interest. Therefore, there will be an increased demand for those currencies, and they will appreciate relative to the currencies of countries whose available real rates of return are low.
Statement 2: The flow of foreign capital into U.S. investments, net of outflows of U.S. capital, is measured by the financial account. In the case of an expansionary fiscal policy, the financial account will increase and move towards a surplus.
Angle next discusses the foreign exchange expectation relation. She states that, examining Great Britain and Japan, it appears that the four year forward rate, which is currently ¥200/£, is an accurate predictor of the expected future spot rate. Furthermore, she states that uncovered interest rate parity and relative purchasing power parity hold. In the example for her presentation, she uses the following figures for the two countries.

As a follow-up to Angle's example, Hohlman discusses the use and evidence for purchasing power parity.
He makes the following statements.
Statement 3: Absolute purchasing power parity is based on the law of one price, which states that a good should have the same price throughout the world. Absolute purchasing power parity is not widely used in practice to forecast interest rates.
Statement 4: Although relative purchasing power parity is useful as an input for long-run exchange rate forecasts, it is not useful for predicting short-run currency values.
Are Hohlman's statements regarding the effect of Fiscal policies on the dollar correct?
A. Yes, they are correct.
B. No, the overall short-run effect would be an increase in the value of the dollar.
C. No, an increase in real interest rates would produce a depreciation of the dollar.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Hohlman is correct regarding the effect of real interest rates. An unexpected expansionary fiscal policy would produce an increase in real interest rates. This would produce an appreciation of the dollar.
Hohlman is incorrect however regarding the overall short-run effect. It is true that the expansionary fiscal policy would also result in higher inflation, economic growth, and more imports. All of these would produce a depreciation of the dollar. However, financial capital is more mobile than the goods market so the overall short-run effect would be for the dollar to appreciate. (Study Session 4, LOS 19.e)

NEW QUESTION: 3
HOTSPOT
You have an Azure wet app named WebApp1.
You need to provide developers with a copy of WebApp1 that they can modify without affecting the production WebApp1. When the developers finish testing their changes, you must be able to switch the current live version of WebApp1 to the new version.
Which command should you run prepare the environment? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation: