All categories

3 years ago

What will happen if the value of the american dollar decreases

Business

2 answers:

SSSSS [86.1K]3 years ago

7 0

Answer:

If the money decreases things will be more harder and more expensive to buy

Explanation:

Pretend you have $10 and something you want is $10 it is easier to buy it when the value of money is higher and if the money is lower than it'll be harder to get $10 to buy the item you want

Elza [17]3 years ago

6 0

Explanation:

There could be two scenarios. One is the decrease of Dollar with itself and its impact on its economy and second is the decrease of dollar with respect to other currencies.

So if dollar decreases with respect to itself, it means the value of the currency decreases. When the currency depreciates, people will have to pay more to purchase the same product, which means there will be more money circulation within the economy. Prices of the products or services increases which results in the inflation within the economy.

Secondly if the currency decreases against the other country's currency, it means the other currency is getting strong against your currency. You may face to bear more amounts of money for trading with other countries. Imports will be more expensive.

You might be interested in

Since she was hired four months ago, Janelle has performed poorly on many aspects of her job. This is likely to be attributed to

elena-s [515]

Answer:

internal causes

Explanation:

Based on the information provided within the question it can be said that this is most likely to be attributed to internal causes. This term refers to various different attributes within an individual such as their traits, abilities, or even emotional feelings from different events in their lives. These factors are what are most likely affecting Janelle in her new job.

6 0

3 years ago

Name the four areas in which standards of ethical conduct exist for management accountants in the united states. What organizati

GaryK [48]

The four areas in which standards of ethical conduct exist for management accountants in the united states are.

(1) Competence, (2) Confidentiality, (3) Integrity, and (4) Credibility. These standards are set by the Institute of Management Accountants (IMA).

<h3>What is Institute of Management Accountants?</h3>

The National Association of Cost Accountants, which eventually became Institute of Management Accountants, was established in Buffalo, New York in 1919. Its main office is in Montvale, New Jersey, in the United States, and it also has regional offices there as well as in Europe, the Middle East, and India.
It established the management accounting practices committee in 1969 with the mandate of advancing management accounting as a primary field of study consistent with Institute of Management Accountants viewpoints.
Twelve people from different accounting bodies, including the FASB and other well-known regulatory bodies, made up the group.
The Institute of Management Accountants representatives were commended for their knowledge of accounting. Later, the committee combined with the Foundation for Applied Research to establish the MAC/FAR committee.

To learn more about Institute of Management Accountants with the given link

brainly.com/question/8339611

#SPJ4

5 0

2 years ago

Naomi has just arrived for her first day at work at GloboTech, a large technology company. The first thing the hiring manager, E

Anna11 [10]

Answer:

orientation is the correct answer.

Explanation:

5 0

3 years ago

Many financial institutions rely heavily on debt to fund their operations, and they are interconnected by virtue of financing ea

vazorg [7]

Answer:

Explanation:

Systemic risk occurs when there is a possibility that a company or a sector of the economy may go into crisis and negatively influence the entire economy of a country. They can happen in companies that are extremely relevant to the economy and would influence in many other sectors causing economic crisis

6 0

4 years ago

In the process of brainstorming his goals, Robert realized his Web business was more about money than creativity. His decision t

bixtya [17]

From what I understand here, it is the company that will be creating the 5000 monthly income. This is an example of a specific measurable goal since the goal of Robert is to make sure that the monthly net income of his company would reach at least 5000. Since he is the boss of his company, this is also probably his personal mission for his company so that he will be motivated to keep on bringing his company to better heights. This will also probably motivate his employees to work harder as well.

6 0

3 years ago