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Elan Coil [88]
1 year ago
13

The ________ approach states that the exchange rate is determined by the supply and demand for national currency stocks, as well

as the expected future levels and rates of growth of monetary stock.
Business
1 answer:
Marina86 [1]1 year ago
4 0

The monetary approach states that the exchange rate is determined by the supply and demand for national currency stocks, as well as the expected future levels and rates of growth of monetary stock.

The monetary approach postulates that the rates of exchange are determined by the balancing of the total demand and supply of the national currency in every country.

According to this approach, the demand for money depends largely  upon the level of real income, the general price level and the rate of interest.

The demand for money is the direct function of the real income and the level of prices. On the other hand, it is the inverse function of the rate of interest. When taken into consideration, the supply of money, it is determined autonomously by the monetary authorities of different countries.

To know more about monetary approach here:

brainly.com/question/14056622

#SPJ4

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The cost of producing a good and getting it to the customers is called the _____ . penalty cost
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Read 2 more answers
​Jim's Handicrafts' main product sells for​ $100 and the cost of goods sold is​ $40. The​ $60 (the difference between the​ two)
sammy [17]

Answer:

Gross Profit

Explanation:

Gross Profit is defined as the amount earned by the company, after deducting the cost of producing and selling the products in case of a manufacturing business, or the cost of providing services to customers in case of service oriented business. Therefore, the difference between sales revenue and the cost of goods sold is called Gross Profit.

Sales Revenue - Cost of Goods Sold = Gross Profit

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3 years ago
An example of the application of the __________ is the executive who makes salary increase recommendations for key personnel by
Bogdan [553]

Answer:

The correct answer is letter "E": anchoring and adjustment heuristic.

Explanation:

Anchoring-and-Adjustment heuristics refers to estimations made by individuals according to certain information that come to their minds that are adjusted until an acceptable level of accuracy is reached. The latter is the cause of this practice to be inefficient because it is based on finding one optimal level of accuracy only without looking for others that could provide more proper results.

7 0
3 years ago
Budgeted financial statements are financial statements based on budgeted amounts rather than actual amounts.
Tasya [4]

Answer:

The statement is True.

Explanation:

Budgeted financial statements are prepared for a future period of time. So that it is easy to anticipate certain fixed and variable costs and allocate financial resources to them.

Also, Budgeted financial statement are useful during the strategic planning process and planning on future business expansions.

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