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3 years ago

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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You’ve recently learned that the company where you work is being sold for $300,000. The company’s income statement indicates cur

chubhunter [2.5K]

Answer:

Explanation:

Data provided in the question:

Present value of the company, PV = $300,000

Current Profits, π₀ = $11,000

Interest rate, i = 9% = 0.09

Now,

we know,

$PV = \pi_0(\frac{1+i}{1-g})$

here,

g is the growth rate

on rearranging, we get

g = $i - \frac{(1+i)\pi_0}{PV}$

on substituting the respective values, we get

g = $0.09 - \frac{(1+0.09)\times11,000}{300,000}$

g = 0.05

g = 0.05 × 100%

= 5%

7 0

3 years ago

Think of a situation when you received a bad news with direct pattern (without any buffer). How did you react in that situation?

Dahasolnce [82]

Bajáis s and sjsisiejen ejejd

5 0

3 years ago

Read 2 more answers

Maria is a hard-working college sophomore. One Sunday, she decides to work nonstop until she has answered 100 practice problems

sdas [7]

Answer:

The correct answers are:

i. The marginal, or additional, gain from Maria’s first hour of work, from 8:00 AM to 9:00 AM, is 40 problems.

ii. The marginal gain from Maria’s third hour of work, from 10:00 AM to 11:00 AM, is 20 problems

iii. 2 hours working on problems, 2 hours reading (c)

Explanation:

i. The marginal gain from 8:00 AM to 9:00 AM is calculated thus:

work done at 8:00 AM = 0 problems

Work done at 9:00 AM = 40 problems

Marginal gain = (Work done at 9:00 AM) - (work done at 8:00) = 40 - 0 = 40 problems

ii. work done at 10:00 AM = 70 problems

work done at 11:00 AM = 90 problems

Marginal gain = 90 - 70 = 20 problems

iii. To get the best exam score, the most number of problems possible in total must be answered within the 4-hour period, and this is determined as follows:

we are told that Maria gets tired as time progresses and the number of questions answered reduces we notice the following numbers of questions answered in each hour:

8:00 AM to 9:00 AM = 40 - 0 = 40 problems (hour 1)

9:00 AM to 10:00 AM = 70 - 40 = 30 problems (hour 2)

10:00 AM to 11:00 AM = 90 - 70 = 20 problems (hour 3)

11:00 AM to Noon = 100 - 90 = 10 problems (hour 4)

Also, we are told that;

1 hour of reading = 25 problems

Comparing the reading and solving problems, we see that the number of problems solved in hour-1 and hour-2 (40 and 30 respectively) are more than the equivalent number of problems solved in reading for 1 hour, while hour-3 and hour-4 (20 and 10 respectively), have lesser equivalent number of problems each, than reading for one hour. Therefore to make the most out of the 4 hours, Maria will spend the first 2 hours solving problems and the next two hours reading, giving a total of: 40 + 30 + 25 + 25 = 120 problems solved.

4 0

3 years ago

The treasurer of a major U.S. firm has $40 million to invest for three months. The interest rate in the United States is .28 per

diamong [38]

Answer:

Check the explanation as follows.

Explanation:

a) If it is invested in US

Current= $40 million

Interest rate= 0.28% p.m

Interest for 1 month= $40 million*0.28%= $0.112 million

Interest for 3 months= $0.112*3= $0.336 million

Total value after 3 months= $40 million+$0.336 million = $40336000.

b) If it is invested in Great Britain.

Convert $40 million into Pounds= $40 million*0.639 = Pound 25.56 million

Ivest in Great Britain for 3 months @ 0.32%

Interest per month= 25.56 million*0.32% *3 = 0.245376

Total Pounds after 3 months= Pound 25.805376

Convert into $= 25.805376/0.642 = $40195289.7156

Value if invested in great britain= $40195289.7156

8 0

3 years ago

Heidi, a vsc-certified volunteer, is working at the intake station. as part of her duties, she is required to explain to the tax

umka21 [38]

Heidi should inform them that form 13614-C has to be completed before the return can be prepared, the client will then be interviewed by whomever is preparing the return and additional questions would likely be asked, and the client would need to have a quality review done on their taxes by someone other than the person preparing the return.

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3 years ago