All categories

2 years ago

An increase in the current account deficit will place _______ pressure on the home currency value, other things equal.

1 answer:

4 0

When there is an increase in the deficit of the current account, the pressure on the home currency value all things equal would be a downward pressure.

<h3>What happens when there is a current account deficit?</h3>

A current account deficit means that the country is earning less from exporting goods to other countries than it is losing from importing from other nations.

What this means is that more money is flowing out of the country than the money that is coming in. What this leads to a loss in currency value because it points to less demand for the home currency.

This is because the deficit would place a downward pressure on the local currency. On the upside, this decrease in currency value might spur exports which would lead to a better current account balance.

In conclusion, there will be downward pressure.

Find out more on the current account at brainly.com/question/22333470

#SPJ1

You might be interested in

Assume US GAAP to answer this question. In 2017, $2 million in wages were earned and no cash wages were paid. In 2018, $8 millio

kari74 [83]

Answer: a. Liabilities increased by $1.0 million in 2018

Explanation:

In 2018, $9 million was used to settle the wage debt of 2017 and the remainder was used to settle the wages in 2018.

The money remaining in cash after the wage settlement was:

= 9,000,000 - 2,000,000 - 8,000,000

= -$1,000,000

This means that $1,000,000 of wages was not settled in 2018 which means that this would have to go to the Wages Payable account to signify that the company owes wages.

This account is a liability account so liabilities in 2018 would increase by $1,000,000.

6 0

3 years ago

In 2017, Oriole Corporation reported net income of $1,004,700. It declared and paid preferred stock dividends of $278,600. Durin

nexus9112 [7]

Answer:

$3.62

Explanation:

The dividend distributed to common share = total net income - dividend for preferred stock

= $1,004,700 - $278,600

= $726,100

Earnings per share (EPS) = The dividend distributed to common share / common shares outstanding

= $726,100/ 200700

= $3.62

4 0

3 years ago

Today, your paint line must produce 4950 gallons of beige paint. Your four step manufacturing process has the following scrap ra

Eddi Din [679]

Answer:

For paint line to must produce the 4950 gallons of beige paint, it needs total of 5174.1 Kg. It accounts for the factors which are mentioned in the question . Explanation for this is attached in the image.

Explanation:

Explanation is in the attached image.

7 0

3 years ago

your boss did not respond to an email you sent and then resent. when you see her in the hallway, you mention the email, and say,

Dmitrij [34]

This is an example of passive communication. You are not directly confronting your boss about the email, but you are indirectly bringing it up. This could be seen as a way to avoid conflict, or it could be seen as a way to gauge your boss's reaction to the email.

Assuming that your boss saw your email and chose not to respond is an example of an assumption. This could be due to a variety of reasons, such as your boss being busy or not wanting to discuss the matter over email. If you see your boss in the hallway, you can mention the email and ask if she would like to discuss it in person. This will give you a better idea of why she chose not to respond and whether or not she is open to talking about the matter.

Learn more about Communication at : brainly.com/question/22558440

#SPJ4

8 0

1 year ago

A rightward shift in the demand curve for tennis balls could be caused by Group of answer choices a fall in income, assuming ten

trasher [3.6K]

Answer:

The correct answer is letter "C": a fall in the price of tennis balls.

Explanation:

The demand law explains the relationship between the price of a product and its quantity demanded. As the price increases, the quantity demanded decreases moving the demand curve to the left. As price decreases, the quantity demanded decreases, moving the demand curve to the right.

Therefore, <em>if the demand curve for tennis balls moves to the right, the price has fallen increasing the quantity demanded.</em>

7 0

3 years ago