Answer:
Explanation
A fixed exchange rate happens when a country ties the value of its currency to some other common commodity or to the currency of another i.e an exchange rate where the currency of one country is linked to the currency of another country or a commonly traded commodity like gold or oil. It provides country stability and the rate are predominantly determined by the government.
while Flexible exchange rate which is also known as floating exchange rate serves to adjust the balance of trade. In this exchange, the currency price of a nation is set by the forex market based on supply and demand relative to other currencies. Unlike Fixed exchange, where exchange rates are determined by government, exchange rate is solely determined by the global demand and supply of currencies in Flexible exchange.
advantages of fixed exchange;
1. it provides country stability as the investors always know the worth of the currencies.
2. it prevent inflation from occurring in a country.
3. It promotes currency stability.
disadvantages:
1. It can be very expensive to maintain as a country must have enough foreign exchange reserves to manage its currency rate.
2. it require higher interest rates.
advantages of flexible exchange:
1. it promotes stability in the balance of payment
2. promotes the domestic economy from shocks produced by disturbances
disadvantages:
1. unstable conditions
2. volatile in nature
Answer:
(D)
It spread from Africa or the Middle East to Europe.
Answer:
Multicore processor
Explanation:
Multicore processor -
It refers to the type of central processing unit , which consists of two or more than two CPU's combined together in order to perform any task very fast , is referred to as the multicore processor .
The main function of a multicore processor is to increase the efficiency of the software , in order to read and execute the program very fast .
Hence , from the given information of the question ,
The correct answer is multicore processor .
The Given Description is about the World Leader Nelson Mandela
Option (D) is the Answer
Answer:
$1,260,000
Explanation:
Calculation for How much should the government report as expenditures for pensions for its current fiscal year
Based on the information we were told that
the government made contribution of the amount of $1,080,000 to their employees contribution retirement accounts in which at the government fiscal year-end, they still owes the amount of $180,000 to their employees contribution retirement accounts which means that the amount that the should government report as expenditures for pensions for theri current fiscal year will be:
Using this formula
Pension Expenditures=Amount contributed to the employees retirement accounts+ Amount owes by the government to its employees contribution retirement accounts
Let plug in the formula
Pension Expenditures=$1,080,000+$180,000
Pension Expenditures=$1,260,000
Therefore the amount that the government should report as expenditures for pensions for its current fiscal year will be $1,260,000
