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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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State any five occupations in public service sector ?<br>​
scZoUnD [109]

Answer:

  • Government
  • Education
  • Health care
  • Protective services (police officer, firefighter,etc.)
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4 0
2 years ago
The budgeted production of Taurus, Inc. is 10,000 units per month. Each unit requires 40 minutes of direct labor to complete. Th
Nonamiya [84]

Answer:

B) 466,667

Explanation:

10,000*40= 400,000/60 (converting in to Hours)

=6,666.66

6,666.66*70= USD 466,666

4 0
3 years ago
When a firm advertises that it only uses recycled paper products it is ________. meeting its legal obligations meeting its socia
yulyashka [42]
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6 0
3 years ago
Select the correct answer
Luda [366]

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option. C. $50

Explanation:

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7 0
2 years ago
Problem 13-22 The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply
Alex Ar [27]

Answer:

The answer is 150 gallons

Explanation:

First we will write out the relevant information in the question that will help us with our calculation:

Safety stock = 50 gallons

50 gallons = 9% stockout risk

??? gallons = 3% stockout risk

Next, you have to understand that the relationship between the safety stock and stockout risk is an inverse proportion. This means that the bigger the safetystock amount, the smaller the stockout risk, and vice versa. Therefore, there will be a lesser risk of running out of stock, as the safety stock amount increases.

Let g be the safety stock

Let r be the stockout risk

This relationship is represented as:

g = \frac{k}{r}

where k = a constant relating the safety stock and stockout risk.

Therefore :

g*r=k

g_1r_1=g_2r_2

where:

g₁ = 50 gallons

r₁ = 9%

r₂ = 3%

g₂ = ????

Therefore, making g₂ the subject of the formula:

g_2=\frac{g_1*r_1}{r_2}

g_2 = \frac{50*9}{3} = \frac{450}{3} = 150

Therefore, the saftey stock that would provide a stockout risk of 3% = 150 gallons.

3 0
3 years ago
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