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Pachacha [2.7K]
3 years ago
13

When a nation's currency suddenly loses value, the ________ may step in to buy the afflicted currency?

Business
1 answer:
cricket20 [7]3 years ago
3 0
If a nation's currency drops in value significantly, the International Monetary Fund could step in and buy the currency so that some stability could occur economically
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Unemployment arising from a persistent mismatch between the skills and characteristics of workers and job requirements is called
Naily [24]
<span>Structural unemployment</span>
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3 years ago
Bond Corporation issues 5,000, 10-year, 8%, $1,000 bonds dated January 1, 2017, at 103. The journal entry to record the issuance
Darya [45]

Answer and Explanation:

The journal entry to record the issuance of the bond is as follows:

Cash Dr (5,000 × 103) $515,000

Discount on bond payable Dr $4,485,000

        To Bond payable (5,000 × $1,000)  $5,000,000

(Being the issuance of the bond is recorded)

Here cash and discount on bond payable is debited and credited the bond payable

5 0
2 years ago
Hank purchased a new grill for $349 on his credit card. He had a previous balance of $225.91. A finance charge of $8.62 was asse
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If his starting balance is the $225.91

then his balance would be

 -131.71
4 0
3 years ago
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A high rate of _____ is resulted from nonuse of condoms
AlladinOne [14]
A high rate of human immunodeficiency virus (HIV) is resulted from nonuse of condoms. 
This is usually true for gay men, however, there are a lot of cases with straight people transferring HIV because they didn't use condoms during sex. This should be avoided at any cost, if you want to prevent unwanted pregnancies and the transfer of various STDs.
8 0
3 years ago
Sam has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and
mr Goodwill [35]

Answer:

Sam can easily determine that the Panaview model has a lower price than the Zony model. ⇒ UNIT OF ACCOUNT

Sam saved $30 per week. ⇒ STORE OF VALUE

Sam pays $140 for the Blu-Ray player. ⇒ MEDIUM OF EXCHANGE

Explanation:

The four main functions of money are:

  1. it serves as a unit of account: it provides a common measure of the value of goods and services being exchanged.
  2. it serves as a store of value: money holds its value over time, so it serves as a store of value.
  3. it serves as a medium of exchange: you can use money to purchase goods and services
  4. it serves as a standard of deferred payment: money serves as a way of valuing a debt, so you can acquire goods now and pay for them later.
4 0
3 years ago
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