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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:

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The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently invested
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The amount of track improvement cost that should be allocated to the Western Division is  $3,200,000.

<h3>What amount should be allocated to Western Division?</h3>

The amount that should be allocated to Western Division is a function of the miles travelled on the Western division.

The amount to be allocated to Western Division : (miles travelled on Western division / total miles travelled) x cost of the revision

  • miles travelled on Western division = 800,000 miles
  • total miles travelled = 1,200,000 + 800,000 = 2,000,000 miles

The amount to be allocated to Western Division : (800,000 / 2,000,000) x 8,000,000  = $3,200,000

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7 0
2 years ago
Poka Yoke uses a number of devices to mistake-proof a process. Which of the following would NOT be included?A)Fixture templatesB
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Electric relays a number of devices to mistake-proof a process. the following would not be included.

<h3>What are the devices?</h3>

A device is a complete piece of natural science hardware that is used to compute or support computer mathematical functions within a larger system. Some devices, such as peripheral devices, are subsidiary in nature and can provide input, output, or both to a computer.

Relays are electrically powered switches that operate by receiving electrical signals from other sources to open and close circuits. By turning the switch on and off, they receive an electrical signal and transmit it to other pieces of equipment.

Therefore, Thus, option (B) is correct.

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Answer:

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