All categories

3 years ago

________ is the active buying and selling of the domestic currency against foreign currencies.

1 answer:

6 0

The answer is "Direct interventions".

Interventions are either direct or indirect. Direct interventions refers to active purchasing and offering of local cash against outside foreign currencies. In the event that the objective were to expand estimation of local cash then they would BUY its own money utilizing its foreign trade holds.

You might be interested in

About 85% of this country is counted in the labor force is involved in agriculture. This country mostly produces cocoa, coffee,

Sever21 [200]

Answer:

Traditional Stage

Explanation:

In the traditional stage, most of the occupation of the population is always agriculture, the people are over reliant on the finished goods of other countries because of their lower wealth and most of the population is living in the rural areas, which is the case here. As it seems that the country is struggling to achieve a take-off stage because it is trying to attract foreign investment (An American company has invested in Oil reserves extraction), so we can say that it is still in the traditional stage because it hasn't increased its home demand for technology, infrastructure development, production increases, greater trade with other countries, etc which are the characteristics of the take-off stage.

5 0

3 years ago

Serial Problem Business Solutions LO P4 Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:

stich3 [128]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The selling prices are $1,310 per desk unit and $560 per chair. The variable costs are $810 per desk unit and $310 per chair. Fixed costs are $180,000.

The company sells 3 deks per 2 chairs.

Sales proportion:

Desks= 3/5= 0.6

Chairs= 2/5= 0.4

1) Selling price per composite unit= sales proportion*selling price

Selling price per composite unit= 0.6*1,310 + 0.4*560

Selling price per composite unit= $1,010

2) Variable cost per composite unit= sales proportion*unitary variable cost

Variable cost per composite unit= 0.6*810 + 0.4*310

Variable cost per composite unit= 610

3) Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 180,000/ (1,010 - 610)

Break-even point (units)= 450 units

4) Number of units for each product:

Desks= 0.6*450= 270

Chairs= 0.4*450= 180

5 0

3 years ago

The scanner data collected by Frito-Lay is a form of ________ data.

trapecia [35]

The answer is: Internal secondary data

Internal secondary data refers to the type of data that is acquired and stored inside the organization simply by doing its normal operation without having to pay any additional cost for the data.

When fritto lay obtain its data from scanners (that usually occurs for every purchase) , the data would automatically be stored in its database without interference from any third party.

6 0

3 years ago

A business issued a 90-day, 15% note for $91,000 to a creditor on account. Journalize the entries to record (a) the issuance of

ladessa [460]

Answer and Explanation:

The journal entries are shown below;

a. Accounts Payable $91,000

To Note Payable $91,000

(being the issuance of the note payable is recorded0

b Note Payable $91,000

Interest Expense $3,412.50 ($91,000 × 15% × 90 days ÷ 360 days)

To Cash $94,412.50

(Being the payment of the note is recorded)

These two entries should be recorded

4 0

2 years ago

The mean income per person in the United States is $41,500, and the distribution of incomes follows a normal distribution. A ran

rewona [7]

Answer:

0.010 level of significance = z value of -2.33

41,500-47,500/(10,600/3.1)= -1.754

Z value is less than -2.33 which means that there is not enough evidence to conclude that residents of wilmington have more income than the national average at significance level of 0.010

Explanation:

4 0

3 years ago