A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.
for better understanding lets explain what conventional peg means
- conventional peg as related to when country formally (de jure) pinpoint their own currency at a fixed rate to the currency of another said country example is, from the currencies of major trading or financial partners and weights showing on the distribution of trade in different geographical zones
- The known backbone or anchor currency or basket weights are public or notified to the IMF and a country authorities are able to maintain the fixed parity through direct intervention
From the above, we can therefore say that the answer A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows is correct.
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Answer:
(a) Linear model
Subject to:
(b) Standard form:
Subject to:
Explanation:
Given
Solving (a): Formulate a linear programming model
From the question, we understand that:
A has a profit of $9 while B has $7
So, the linear model is:
Subject to:
Where:
Solving (b): The model in standard form:
To do this, we introduce surplus and slack variable "s"
For 
inequalities, we add surplus (add s)
Otherwise, we remove slack (minus s)
So, the standard form is:
So, the linear model is:
Subject to:
A sample group is
a small group selected by researchers to represent the most important
characteristics of an entire population.
For example, if I want to learn about students’ attitudes about taking
elective courses at a specific university, I would get a representative sample
from among all the students enrolled at the university and conduct a survey
with them. Those that take part in the
survey are called participants and
the larger group (all the students at the university) are called the target population.
Answer:
$346,266.00
Explanation:
The expense that should be recorded for 2018 as a result of the events is the depreciation charge plus the finance charge on the present of value of dismantling cost
depreciation=(cost of oil rig+present value of dismantling cost)/10 years
cost of oil rig is $3,000,000
present value of dismantling cost=$231,330
depreciation charge=($3,000,000+$231,330)/10=$323,133.00
finance charge=$231,330*10%=$23133
total expense=$23,133.00
+$323,133.00 =$346,266.00
Nice to meet you im from california, usa :)
