Answer:
D.) Keep the supply of there domestic money fixed in proportion to their gold holdings.
Explanation:
The Gold Standard was a monetary system under which countries fixed the value of their money in terms of a specified amount of gold. With the gold standard, countries agreed to convert the paper money into a fixed amount of gold.
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Based on the amount that Jim deposited and the interest paid per year on the account, withdrawing in two equal amounts would require an amount of <u>$530 per year. </u>
<h3>How much should Jim withdraw per year?</h3><h3 />
Assuming the amount that can be withdrawn is x, the relevant formula would be:
(1,040 - x) x 104 = 100x
Solving for x gives:
108,160 - 104x = 100x
108,160 = 100x + 104x
108,160 = 204x
x = 108,160 / 204
= $530
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Answer:
An herb is a plant or plant part used for its scent, flavor, or therapeutic properties. Herbal medicines are one type of dietary supplement. They are sold as tablets, capsules, powders, teas, extracts, and fresh or dried plants. People use herbal medicines to try to maintain or improve their health.
Explanation:
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Answer:
The correct answer is letter "D": yields usable predictions and implications for the real world.
Explanation:
Economic models are representations of real-world complex economic phenomena. Based on certain facts, economists take those premises to establish a theory aiming to explain why those series of events happen, when they happen, and what is likely possible to be done in front of them.
The correlation coefficient's size reveals the degree of the link. A correlation of r = -0.2 indicates a weak, negative link between two variables, while r = 0.9 indicates a significant, positive association.
What is Negative Correlation
A link between two variables known as "negative correlation" occurs when one variable rises as the other falls, and vice versa.
In statistics, -1.0 denotes a perfect negative correlation, 0 denotes no connection, and +1.0 denotes a perfect positive correlation. The relationship between two variables is always absolutely opposite when there is a perfect negative. If two variables have a negative correlation or inverse correlation, it means that their prices typically move in the opposite directions from one another statistically speaking. In the event that X and Y, for example, have a negative correlation (or are negatively connected), Y will drop as X grows in value, and vice versa if X declines in value.
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