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Leokris [45]
1 year ago
10

What does it mean to say that a currency appreciates? depreciates? becomes stronger? becomes weaker?

Business
1 answer:
erik [133]1 year ago
6 0

When a currency appreciates, it means it increased in value relative to another currency; Depreciates means depreciation or depreciation relative to other currencies. It is often said that the dollar is strong when it is bought by equal or greater value in another currency. If the purchase amount is less than the equivalent, it is weak.

An example of a currency would be the US banknotes you have on hand. It is one of the coins issued by the United States, along with pennies, nickels and quarters. Currencies are also banknotes and coins issued by governments of other countries around the world.

Currency is anything of general value as a medium of exchange that can be exchanged for goods and services. The trading system within an economy is based on a currency, usually country-specific and issued by that country's government.

Learn more about currency here:brainly.com/question/24373500

#SPJ4

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Indicate whether a change in the value of each of the following determinants of demand leads to a movement along the demand curv
Marizza181 [45]

Answer:

movement along the demand curve: i

shift in the demand curve: ii, iii, iv, vi

no effect: v

Explanation:

A change in the price of the product causes quantity demanded to change. It will be indicated by a movement on the same demand curve.  

A change in other factors will cause the demand for the product to change. It is indicated by a shift in the demand curve.  

i. Change in the market price: movement along the demand curve

ii. Change in income: shift in the demand curve

iii. Change in consumer expectations: shift in the demand curve

iv. Change in the price of a related good: shift in the demand curve

v. Change in the price of an unrelated good: no effect

vi. Change in preferences for this good: a shift in the demand curve

3 0
3 years ago
Scenario: You are 30 years old and single. You have a moderate risk investment philosophy. You are interested in long-term inves
Bas_tet [7]

Answer:

Check the following explanation

Explanation:

Features that facilitiate making investment in mutual funds are as follows:

Any interest, dividends and capital gains can be automatically reinvested.

As your objective change, you can easily swap shares of another mutual funds withing a mutual fund family.

A mutual fund can be inherited by a designated beneficiary without the need to be checked.

Answer - the best mutual funds to invest are usually

No load funds.

In no load funds the investor need not pay any amount in the form of commission or other charges while purchasing or selling the investments.

Answer- If we invest $2000 in a front end load with 8% interest rate then we will earn $1840 as $160( $2000 x 8%) will get deducted from the purchase amount and eventually reducing the investment size.

Answer- we should review and rebalance your mutual funds annually as if we do it too frequently it kight involve some costs and thus would turn out to be less profitable.

Answer- It shifts assets from moderate to more risky as the retirement age approaches because it will help in increasing the income of the investor when he retires as at retirement he or she might start withdrawing his or her money.

4 0
3 years ago
Rimble Graphic Design receives $2,750 from a client billed in a previous month for services provided. Which of the following gen
Lana71 [14]

Answer:

C) Debit Cash $2,750

    Credit Accounts Receivable $2,750

Explanation:

When payment is received in respect of services rendered or goods sold in the past periods, the accounting rule is to debit cash or bank as the case may be and credit account receivable for the amount received. This is necessary because in period when transaction took place, revenue has been credited and account receivable debited.

6 0
4 years ago
Dan, the founder of four muddy paws, discovered that dog owners were willing to spend extra money on unique, healthy treats for
Salsk061 [2.6K]

Four Muddy Paws uses the concept of<u> "speed-to-market"</u> to maintain it competitive lead.

The term "Speed to market" alludes to the measure of time it takes for an association to dispatch an item or administrations and make it accessible to the client. It represents time taken by the association to take a shot at the item or administration from Idea, Design, Prototype, Test, Develop, Manufacture and dispatch for the end clients.

7 0
3 years ago
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mixer [17]

Answer:

Objective and task.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis. The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

The budgeting method described in the question is called objective and task. It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.

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3 years ago
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