Answer:
There will be <em>no depreciation (shift)</em> <em>because</em> it is not an open market FX floating rate exchange
Explanation:
All over the world, some countries operate <em>floating rate exchange policy</em> in which the value of <em>a currency increases or decreases based on demand and supply in the forex market.</em>
In the case of <em>Central African CFA</em> (XAF), there would <em>not be a shift in the value of the currency in the FX market as a result of the currency value being controlled rigidly (Non-floating rate exchange method) irrespective of the political scandal in some areas of the region or not. </em>This is also similar to the situation where by a country in the CFA region still has a <em>stable currency exchange rate against Euro irrespective of the terrorism activities or economic situation they are passing through at that particular point in time.</em>
Answer:
Hindsight bias
Explanation:
Hindsight bias: In psychology, the term hindsight bias is defined as the propensity of an individual to overestimate his or her capability of predicting or forecasting a particular event's outcome that couldn't have been forecast or predicted.
It hinders an individual to look at an event as more easily predictable than the event is. It can often lead to cause or create memory distortion in an individual.
In the question above, the given statement demonstrates hindsight bias.
In 1493, after reports of Columbus’s discoveries had reached them, the Spanish rulers Ferdinand and Isabella enlisted papal support for their claims to the New World in order to inhibit the Portuguese and other possible rival claimants. To accommodate them, the Spanish-born pope Alexander VI issued bulls setting up a line of demarcation from pole to pole 100 leagues (about 320 miles) west of the Cape Verde Islands. Spain was given exclusive rights to all newly discovered and undiscovered lands in the region west of the line. Portuguese expeditions were to keep to the east of the line. Neither power was to occupy any territory already in the hands of a Christian ruler.
No other European powers facing the Atlantic Ocean ever accepted this papal disposition or the subsequent agreement deriving from it. King John II of Portugal was dissatisfied because Portugal’s rights in the New World were insufficiently affirmed, and the Portuguese would not even have sufficient room at sea for their African voyages. Meeting at Tordesillas, in northwestern Spain, Spanish and Portuguese ambassadors reaffirmed the papal division, but the line itself was moved to 370 leagues (1,185 miles) west of the Cape Verde Islands, or about 46°30′ W of Greenwich. Pope Julius II finally sanctioned the change in 1506. The new boundary enabled Portugal to claim the coast of Brazil after its discovery by Pedro Álvares Cabral in 1500. Brazilian exploration and settlement far to the west of the line of demarcation in subsequent centuries laid a firm basis for Brazil’s claims to vast areas of the interior of South America.
Answer:
Roles of a homemaker
Doing the weekly grocery shopping.
Setting and monitoring budgets.
Cleaning, cooking and doing the laundry.
Scheduling and overseeing property maintenance.
Coordinating other household management activities.
Caring for children.
Advising household owners in housekeeping matters.
Problem with using commodity money in the us colonies prior to 1700 Very few people were willing to accept commodities as payment.
British creditors feared charge in a currency of such fluctuating cost and to alleviate their fears the colonies have been prohibited from printing more paper cash. This brought about the cost of current paper money to plummet. This jolted a colonial economic system already suffering a surge in populace and could not be contained.
Colonial people complained that gold and silver coins were chronically scarce. those coins could be received simplest thru importation. Given unrestricted change in specie, marketplace arbitrage must have eliminated continual shortage.
Commodity cash is money whose fee comes from a commodity of which it's miles made. Commodity cash includes gadgets having cost or use in themselves as well as their value in shopping for items.
Learn more about commodity money here:- brainly.com/question/24199263
#SPJ4
