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Aneli [31]
3 years ago
8

refers to a system under which a country's currency is nominally allowed to float freely against other currencies, but in which

the government will intervene, buying and selling currency, if it believes that the currency has deviated too far from its fair value.
Business
1 answer:
Temka [501]3 years ago
8 0

Answer:

A Dirty Float

Explanation:

A dirty float or managed float, refers to a floating exchange rate system operated by a country's central bank where there are occasional interventions in the foreign excange markets to influence the demand and supply with the intention of curbing perceived volatilities in the currency.

As stated in the question, the intervention of the Central Bank will usually occur when it believes that the currency has deviated too far from its fair value.

The dirty float system is a buffer against external economic influences that may want to disrupt the foreign exchange market in a country.

Actually, from 1946-1971, many industrialized nations around the world operated the fixed exchange rate system or the Bretton Woods agreement but this changed August 15, 1971, when President Richard Nixon decided to exit the United States from this system and till date most nations that intend to protect their domestic markets and industries against external foreign influences have adopted the dirty float exchange system.

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High-performance teams are characterized by: members with only individual accountability. members with specialty skills rather t
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Answer:

extensive communication mechanisms.

Explanation:

High-performance teams is a term often used in organizational settings to describes teams that often performed better than other teams and beyond expectation. They are associated with various characteristics amongst others which are:

1. Presence of extensive communication mechanisms

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3. Define objectives and goals

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7 0
3 years ago
Seven years ago, you paid $324,800 to purchase a rental house. the maintenance expenses average $200 a month and property taxes
Mariulka [41]

The value that would be assigned to this house if you decide to use it as your office would be $ 425300

<h3>How to solve for the value of the house using opportunity cost</h3>

To get the value of the house, you have to get the opportunity cost of the house. This is the foregone alternative or benefits forgone due to another choice.

The formula is opportunity cost = Apprised Value - Selling costs

The apprised value = $439,500.

selling cost =  $14,200

$439,500 - $14,200

= $ 425300

Hence the value that should be assigned to it is $ 425300

Read more on opportunity cost here:

brainly.com/question/1549591

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3 0
2 years ago
What is chemical fertilizer? explain with example​
goldenfox [79]

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Some examples of chemical fertilisers are ammonium sulphate, ammonium phosphate, ammonium nitrate, urea, ammonium chloride.

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2 years ago
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Stuart is in charge of Up The Hill Bakery's twitter account. His job is to post updates on events and sales at the bakery and to
ValentinkaMS [17]

Answer:

True

Explanation:

The salary is paid to employees which means that the benefits that the employee receives by delivering its services is labor cost to the company. The company pays its employees to receive the desired services that the employee is willing to deliver its employer.

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3 years ago
What is the theory of management that examines how to create an organizational structure and control system that results in an o
OleMash [197]

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The theory of management that is being described is known as the Administrative management theory. This theory tries to come up with a rational way of designing an organization so that it works as a whole entity. Doing so allows for the organization to function at the highest efficiency and effectiveness levels, which overall brings lower costs and increased profits for the organization.

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