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devlian [24]
4 years ago
13

How do we know our current money has value?

Business
1 answer:
Andreyy894 years ago
8 0
If you can use it to get stuff then it has value
You might be interested in
Which of these is a major criticism of scientific management?
PtichkaEL [24]

Answer:

The correct answer is the option C: It ignored the social context of work.

Explanation:

To begin with, the name of <em>"Scientific Management"</em> refers to the theory created by Frederick Taylor that focus on the study of the work environment around the years of the industrilization process back then. Therefore that this concept is quite ancient in terms that only looks for that the worker can do and how can he do it faster and more efficiently. A major importance of this study was the use of measuring the time of every worker to see how they were going. So, it is understandable that this process is criticized by many managers of today because it does not have in mind the social context of the workers and only sees them as machine without personal goals outside the work.

6 0
3 years ago
India has 3 GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. Theexchange rate is 50 rupees per US. dollar.
vekshin1

Answer:

Indian rupee in US dollars = $418

Explanation:

given data

India GDP = 23,000 billion

exchange rate = 50 rupees per US

population = 1.1 billion

solution

we get here GDP per capita as

GDP per capita = India GDP ÷ population

GDP per capita  = \frac{23000}{1.1}  

GDP per capita  = 20909 rupees

so here we Convert Indian rupee in US dollars that is with exchange rate

Indian rupee in US dollars = GDP per capita  ÷ exchange rate

Indian rupee in US dollars = \frac{20909}{50}  

Indian rupee in US dollars = $418

7 0
3 years ago
Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.
Goryan [66]

Answer: 3736.30 ,  3402.90 ,  3104.60 , 3069.56 , 3051.35

Explanation: We can compute present values by using the following formula :-

=\:present\:value\:=\frac{future value}{\left ( 1+interest\:rate\right )^{no. of periods}}

=\:present\:value\:=\frac{5000}{\left ( 1+o.o6\right )^{1}} = 3736.30

=\:present\:value\:=\frac{5000}{\left ( 1+o.08\right )^{1}} = 3402.90

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{1}} = 3104.60

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{2}} = 3069.56

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{4}} = 3051.35

7 0
3 years ago
Timelines show events a. In order c. Sequentially b. Chronologically d. All of these
weeeeeb [17]
Timelines show how certain things play out during an amount of time so it would be D.
5 0
3 years ago
Read 2 more answers
Suppose the price is $10, the quantity supplied is 50 units, and the quantity demanded is 100 units. For every $1 rise in price,
aleksley [76]

Answer:

500

Explanation:

5 x 100

8 0
3 years ago
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