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3 years ago

Each currency has a changing value relative to other countries. This is referred to as the country’s blank

1 answer:

3 0

Each currency has a changing value relative to other currencies. This is referred to as a<u> "currency's exchange rate."</u>

An exchange rate is the rate at which one currency will be exchanged for another, it is additionally viewed as the estimation of one nation's cash in connection to another currency.

Exchange rates are resolved in the foreign exchange market, which is available to an extensive variety of various sorts of purchasers and venders, and where money exchanging is ceaseless: 24 hours daily aside from ends of the week.

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You are looking for ways to save money when it comes to feeding your family. What is the most helpful way to cut back on food ex

beks73 [17]

The most helpful way to cut back on food expenses are:

Make a Family Budget Together.

Trim the Family's Grocery Bill.

<h3>How can budgeting help to to cut back on food expenses?</h3>

Budgeting can be regarded as the process of creating a plan on how the money will be spent.

This spending plan which is known as budget helps ion the Creation of spending plan which will help to determine in advance how the money will be saved , hence most helpful way to cut back on food expenses is to make a Family Budget Together.

Learn more about Budget on:

brainly.com/question/6663636

#SPJ1

8 0

2 years ago

As a financial planner, you offer unbiased advice to your clients. Which principle of ethics are you complying with?

NikAS [45]

B. Objectivity.

Objectivity means offering balanced, smart advice that doesn't show your personal favorites.

4 0

3 years ago

Read 2 more answers

On January 2, 2015, Vaughn Corporation issued $1,650,000 of 10% bonds at 96 due December 31, 2024. Interest on the bonds is paya

saul85 [17]

Answer:

$59,280

Explanation:

This can be calculated as follows:

Bond issue price = $1,650,000 * 0.96 = $1,584,000

Discount on bonds payable = $1,650,000 - $1,584,000 = $66,000

Annual amortization of discount on bonds payable = $66,000 / 10 = 6,600

Bond carrying value on January 2, 2017 = Bond issue price + (Annual discount on bonds payable * Number of years) = $1,584,000 + ($6,600 * 2) = $1,597,200

Value of $1,140,000 of bonds = ($1,597,200 / $1,650,000) * $1,140,000 = $1,103,520

Loss on recognized on redemption = ($1,140,000 * 102%) - $1,103,520 = $59,280

6 0

3 years ago

A random sample of voters found that 180 out of 320 people were in favor of a gas tax. election results found that 36,000 people

PIT_PIT [208]

If the survey found that in every 320 people, 180 of them voted in favor of gas tax .Then to get the total number of people who voted in favor of gas tax were 36,000. We can get the number of 180 people groups among those who voted in favor. = 36,000/180 = 200 groups
A group of 180 people who voted in favor is equivalent to a group of 360 people who voted.
Therefore, 200 × 360 people =72,000 people took part in the voting exercise.

4 0

3 years ago

Read 2 more answers

A country finds itself in the following situation: the government budget surplus is 2% of its GDP; private savings is 30% of GDP

DaniilM [7]

Answer:

The current account deficit will increase from 1% to 31% of GDP.

Explanation:

National saving and investment identity helps in understanding the determinants of trade and current account balance. The current account is in balance when the quantity demanded of financial capital is equal to the quantity supplied of financial capital.

Here, the government saving or surplus and private savings are the supply of financial capital and investment indicates demand for financial capital.

The current account balance is

= Supply of capital - Demand for capital

= (30 + 2)% - 33%

= 32% - 33%

= -1%

So the current account is in deficit by 1% of GDP.

If the private savings becomes zero, the current account balance will be

= Supply of capital - Demand for capital

= 2% - 33%

= -31%

The current account will be in deficit by 31%.

8 0

3 years ago