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Blababa [14]
2 years ago
11

A country's currency is backed by a gold standard. However, gold production has declined and will not recover. Which action woul

d protect the value of the country's currency in the long run?
1.) Borrow more gold
2.) Print more currency
3.) Move to fiat currency
4.) Take no action
Business
1 answer:
lubasha [3.4K]2 years ago
4 0
3 is the correct answer
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What service does the acfe provide to allow individuals to anonymously report allegations of ethical violations, fraud, waste, a
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4 0
2 years ago
Market segmentation involves aggregating prospective buyers into groups that __________ and will respond similarly to a marketin
madreJ [45]

Answer:

<u>have common needs</u>

Explanation:

Marketing Segmentation refers to dividing or segregating markets into different segments based upon different traits. All prospective buyers classified into a particular segment, share common needs and buying preferences.

Marketing Segmentation can be done geographically, demographically, Psychographic or Behavioral basis.

Geographic relates to location, demographic relates to age composition or gender, psychographic relates to buyer psychology and perceptions, behavioral relates to behavior of buyers and their respective traits.

7 0
3 years ago
If the market for sport utility vehicles has excess supply, then one can say that: A. supply is greater than demand. B. quantity
AURORKA [14]

Answer:

D. quantity supplied is greater than quantity demanded.

Explanation:

Since in the question it is mentioned that the market for sport utility vehicles has excess supply which determines that the supplies is more than the quantity which results that the quantity supplies is more than the quantity demanded as due to the excess supply

Hence, D option is correct and other options are wrong

3 0
3 years ago
On January 1, Year 1, Michael sold a property with a remaining useful life of 20 years to Wei Co. for $800,000. On the same date
dezoksy [38]

Answer:

The section of the Accounting Standards Codification that best helps Michael Co. to determine how the initial proceeds of $800,000 received from Wei Co. (buyer-lessor) are recognized is:

ASC 606.

Explanation:

This section that will help Michael Co. to determine if the transaction qualifies as a sale, which is treated under ASC 606, Revenues from Contracts with Customers.  Thereafter, the lease classification criteria in ASC 842 are evaluated.  After the evaluation, if none of the criteria from ASC 842 are met to account for the lease as a finance or capital lease, the seller-lessee would classify the lease as an operating lease.  This implies that the transaction qualifies as a sale and leaseback transaction.

5 0
2 years ago
ok so when I first joined it said questions could be answered in less than 10 min. Im looking through the unanswered and some ha
Liono4ka [1.6K]

Answer:

Explanation:

Well if the person doesnt know the answer , then none of them will answer the quation. Until someone knows the answer , the question will be blank. if the question is not answered for a long time then the question will be deleted eventually by the moderators.

Hope this helps :)

5 0
3 years ago
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