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alexdok [17]
3 years ago
6

Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4

.2474 in British pounds. Therefore, the exchange rate of pounds per dollar under this fixed exchange regime was: A. always changing because the price of gold was always changing B. £4.8665/$ C. unknown because there is not enough information to answer this question D. £0.2055/$
Business
1 answer:
Elena-2011 [213]3 years ago
8 0

Answer:

The answer is £0.2055/$

Explanation:

Exchange rate is the price of one currency in terms of another. It is also the number of units of one currency(price currency) that one unit of another currency(base currency) will buy.

In US, an ounce of gold = $20.67

In british, it costs £4.2474

Therefore, exchange rate of pounds per dollar =

£4.2474/$20.67

=£0.2055/$

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strojnjashka [21]

Answer: Proven oil reserves

Explanation:

Proven oil reserves are those that humans can extract oil from given our current technological and economic situations.

Under Proven oil reserves there are those that are Proven developed and those that are Proven Underdeveloped. Proven Developed ones can be extracted from as they come from already existing wells. Proven Underdeveloped however would need further investment to get them ready.

6 0
3 years ago
Creditors often include several requirements in a mortgage contract in order to protect their interests. In order to ensure that
muminat

Answer:

prepayment penalty, maintain, insurance, mortgage

Explanation:

Prepayment penalty clause relates to the situation that the borrower shall not prepay the borrowed amount as to the creditor it will be loss in the form of interest, thus, it do not want that the borrower shall collect from any other source.

The property should not loose its value, or the value shall not be degraded as that will result in loss, as when the borrower fails to repay the loan, creditor has the right to sell it, if it will not be maintained the value will degrade.

Insurance is required so that same as in above mentioned point that the value is not lost, and then the value of loan is fully recoverable.

If the value of loan exceeds 80% of value of property there shall be mortgage as the lender ensures his payment and no failure shall be there.

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3 years ago
Millcorp sells wetsuits for deep sea divers. It recently engineered a new material for its wetsuits to better hold in the wearer
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Answer:

B) Millcorp has a lawful innocent acquisition of a monopoly.

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Which economic system has the most government control
Hatshy [7]
The answer you are looking for is a planned economy

4 0
3 years ago
What statement below best defines "exporting pollution"? When a country decreases its exports, resulting in a lower level of dom
tamaranim1 [39]

Answer:

"Exporting pollution" occurs when a country reduces its domestic pollution, but increases imports that cause pollution in other countries.

Explanation:

Exporting pollution is a commercial and environmental process through which the most developed countries send their most polluting companies to produce their goods to underdeveloped countries. These companies, generally industrial, transfer their production of carbon dioxide and other polluting gases to these countries, which receive large employers and economic benefits but in turn accept higher rates of contamination in their territories.

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