The price of a dozen roses in the united states is $30. if $0.2597 can purchase 1.00 israeli shekel, how much does the same dozen roses cost in israel if purchasing power parity holds? shekels

part 2 (1 point)see hint if the actual price of a dozen roses in israel is more than the answer you found in part 1, how might you account for the discrepancy? choose one or more:

a. the roses are not identical products.

b. purchasing power parity exists only for manufactured products.

c. transportation costs are higher for the roses bought in israel.

d. prices may not have fully adjusted.

Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.