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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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TopChop sells hairstyling franchises. TopChop receives $56,000 from a new franchisee for providing initial training, equipment a
valentina_108 [34]

Answer:

$73,500  is the revenue TopChop will recognize for the arrangement with Carlos.

Explanation:

Revenue is calculated as follows.

= amount received + Use of name

= $56,000 + $35,000 × (1÷2)

= $73,500

New franchise fee can be immediately recognised as income.

5 0
3 years ago
Jiminy’s Cricket Farm issued a 30-year, 6 percent semiannual bond three years ago. The bond currently sells for 93 percent of it
wlad13 [49]

Answer:

a. What is the pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

  • 6.46%

b. What is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

  • 5.04%

Explanation:

we must first determine the bond's yield to maturity:

YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2] = {30 + [(1,000 - 930)/60]} / [(1,000 + 930)/2] = 31.17 / 965 = 3.23% x 2 = 6.46%

after tax cost of debt = 6.46% x (1 - tax rate) = 6.46% x (1 - 22%) = 6.46% x 78% = 5.04%

6 0
3 years ago
The assessed value of Sidney's home is $350,000, but the home was recently appraised at $225,000. As a result, Sidney believes h
Yuri [45]

Answer:

Depending on the reason why Sidney requested the appraisal, she has two options:

  1. If Sidney got the appraisal because she thought her property taxes were too high, she can file a complaint with her local board of assessment review (BAR) in order to get her taxes reduced.
  2. Or if Sidney wants to sell her house she could appeal the appraisal amount and request a reconsideration of value.

3 0
3 years ago
When the price level changes, which of the following variables will change and thereby cause a change in the aggregate quantity
jok3333 [9.3K]

Answer:

The correct answer is option d.

Explanation:

When there is an increase in the price level, the purchasing power of money decreases. People will need more amount of money to purchase the same level of goods. This will reduce the real value of wealth.  

When the purchasing power decreases and people need more amount of money to purchase the same level of goods, the demand for money will increase. This will cause the interest rate to rise as well.  

As the price level increases, domestic goods become relatively expensive. This will cause the export demands to decline. So the demand for domestic currency will also decline. This will further cause the value of currency to depreciate.

5 0
3 years ago
Which of the following definitions describes a receptacle ground fault circuit interrupter (GFCI)
Luba_88 [7]
The choices can be found elsewhere and as follows:

a. Includes an extension cord
b. Replaces a circuit breaker on the main circuit board
c. Fits into the standard outlet box
d. Used when permanent protection is not available

I think the correct answer is option B. The best definition for a receptacle ground fault circuit interrupter (GFCI) would be it replaces a circuit breaker on the main circuit board.
8 0
3 years ago
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