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Elan Coil [88]
2 years 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]2 years 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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* Round all answers to the nearest dollar Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20 year life
evablogger [386]

Answer:

Depreciable amount= $880,000

Explanation:

Giving the following information:

Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20-year life, it's expected salvage value is $20,000.

To calculate the annual depreciation, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (900,000 - 20,000)/20= $44,000

Depreciable amount= original cost - salvage value= 880,000

4 0
3 years ago
The product deletion process is similar to the ____ step of the new-product development process because both involve deciding wh
saul85 [17]

Answer:

e. Business analysis

Explanation:

Based on the description being made within the question it can be said that this process is similar to the Business analysis step. This step focuses on identifying the product needs and determining the best position and solution to different product/business related problems. Many factors such as sales, costs, and profits are taken into account during this step in order to make the best decisions possible.

4 0
3 years ago
What term best describes the borrower who is personally liable for a debt obligation related to the purchase of a home?.
Firlakuza [10]

It can be deduced that a situation where the borrower is personally liable for a debt obligation when buying a home is known as a recourse loan.

<h3>What is a recourse loan?</h3>

It should be noted that a recourse loan simply means a situation when the borrower is personally liable for payment of all amounts that are due under the terms of the note.

In this situation, when a property that is encumbered by a mortgage is sold for an amount that is more than the value of the mortgage, then the mortgagor will not be obligated to pay the mortgagee the balance that's remaining.

Learn more about loan on:

brainly.com/question/1348326

7 0
2 years ago
A mid-sized firm plans to issue 10 million shares during an IPO. The underwriter plans to sell shares at $24.45; however, many i
HACTEHA [7]

Answer:

The answer is "\$243,400,000".

Explanation:

The medium-sized company proposes to issue 10 million IPO shares.

Its Contractor intends to purchase $24.45; this implies cash flows from

\to 10,000,000 \times 24.45= \$244,500,000

When the contractor pays an IPO cost of million, the company shall

In the IPO this would raise  

\to \$186,000,000 - \$1,100,000 = \$243,400,000

6 0
3 years ago
Factors affecting pricing decision
xxMikexx [17]
- the main consumers

- the supply available

- society

- the value of money

- inflation

please vote my answer branliest! Thanks .
8 0
3 years ago
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