Answer:
The correct answer is B. The monetary base.
Explanation:
The Monetary Base is made up of all legal money in circulation (that is, bills and coins), added to the reserves of commercial banks in the central bank. In other words, it is the legal money issued by the Central Bank of a country and can be in the hands of the public, or else in the cashier of the different commercial banks that the financial sector of the country. The monetary base is monitored by the central bank and constitutes its main way to control the money supply. Also another way to define the monetary base is that they constitute the monetary liabilities of the central bank.
The answer is B,"Yes, eventually their debts must be repaid with interest.
Answer:
B) Buy €1,000,000 forward for $1.55/€.
Explanation:
To calculate the expected profit consider the following data and formula:
Amount in actions: 1.000.000
Spot exchange rate: 1.62
Three month forward calculation: 1.55
Expected profit=1,000, 000 *( 1.62 - 1.55) = 70,000.00.
Answer:
$4,000 favorable
Explanation:
The computation of the material quantity variance is shown below:
= Standard Price × (Standard Quantity - Actual Quantity)
= $5 × (2 pounds × 6,000 units - 11,200 pounds)
= $5 × (12,000 pounds - 11,200 pounds)
= $5 × 800
= $4,000 favorable
Simply we deduct the actual quantity from the standard quantity and the difference is multiplied with the standard price so that the correct variance can be computed
