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Lunna [17]
3 years ago
14

If a nation merges its currency with another nation to create a single currency, what must it give up?

Business
1 answer:
scZoUnD [109]3 years ago
5 0

Answer:

B, the ability to determine its own nationally-oriented monetary policy.

Explanation:

When a country merges its currency with another to form/create a single currency, the nation must give up its ability to make monetary policies with the country.

This is because the creation of a single currency has now joined both countries as one monetarily. For this reason, both nations have to come to an agreement on monetary policies that will apply in both country as soon as there is a currency merger.

Cheers.

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As a novice investor, Laura is concerned about fees. She has heard stories of investors who have lost thousands of dollars in fe
topjm [15]

Answer:

Laura should focus on purchasing Index Mutual Funds and Exchanged-Traded Funds.

Explanation:

Laura should, amongst many investments’ options, focus on two particular types of investments: the first one is called index mutual funds, which have a much lower fee than mutual funds, giving the investor an investment with lower cost while having a fund that works in many ways equal to mutual funds. The second one should be exchange-traded funds, particularly because those funds are based on commissions, making it possible to charge lower fees than mutual funds.

5 0
3 years ago
"A corporation has issued $1,000 par, 8% convertible bonds, callable at par. The bonds are convertible into 20 shares of common
enot [183]

Answer:

Convert the bonds into 20 common stocks.

Explanation:

the investor has 3 options:

  1. sell the bond at $1,000 x 1.005 = $1,005
  2. sell the bond to the corporation at $1,000 + $10 = $1,010
  3. convert the bond into 20 common stocks = 20 x $51 = $1,020

the option that yields the highest return is to convert the bonds into common stocks.

3 0
3 years ago
3. What is the opportunity cost of our military spending?
Sati [7]

Answer:

Today SIPRI estimated that global military expenditure in 2015 was $1676 billion, about 2.3% of the world's total Gross Domestic Product (GDP). Such high levels of spending frequently raise concerns as to the 'opportunity cost' involved in military spending—the potential civilian uses of such resources that are lost.

Explanation:

Hope this helps. Have a nice day!

8 0
3 years ago
The reason a professional such as a lawyer or doctor would incorporate his/her business is?
taurus [48]

The reason a professional such as a lawyer or doctor would incorporate his/her business is: to protect his/her other assets with limited liability.

<h3>What is limited liability?</h3>

A limited liability company or partnership is a sort of legal structure for an organization where a corporate loss is restricted to the money invested in those entities (LLC). In other words, if the company fails, the private assets of the owners and investors are not at risk. It is known as Gesellschaft mit beschränkter Haftung in Germany (GmbH).

One of the main benefits of investing in publicly traded corporations is the limitation of liability. Even if a firm later goes bankrupt and still has financial commitments, a shareholder's culpability is limited to the amount of their investment in the company. This is true even if they are fully involved in the company's growth.

Organizations with limited liability can mitigate the impact of economic losses on their assets.

To learn more about limited liability from the given link:

brainly.com/question/16697563

#SPJ4

3 0
2 years ago
A company switched from the cash basis to the accrual basis for recognizing warranty expense. The unrecorded liability for warra
Murrr4er [49]

Answer:

Report a prior period adjustment decreasing retained earnings by $1,365,000.

Explanation:

Going by the question we can derive that $2,100,000 is the prior period's warranty. Consequently, it will be charged to the current year's earnings following the deduction of tax, 35%.

(2,100,000 *65) /100 = $1,365,000

This above calculation is so because Under the accrual basis of accounting...operating expense are reported on the income statement in the particular period when they took place or when they expire

4 0
4 years ago
Read 2 more answers
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