Data Extracted from the Economists on 31January 2018 shows that the local price of Big Mac in Egypt is 34.21 EGP and the price of the Big
Mac in United States is $1.93, and if the exchange rate between the US
dollar and EGP (E EGP/$ = 17.70), answer the following: (Show the
steps of your answer)
a. Calculate the implied PPP between US dollar and EGP?
b. Calculate the degree of overvaluation/undervaluation of the EGP
against the US dollar?
c. Identify whether the EGP is overvalued or undervalued against the
US dollar

Producers can create their maximum combination of goods, s long as what?

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?