The gold standard emerged at the center of the international monetary system in the <u>1880s </u>until the first world war.
A monetary standard under which the basic unit of currency is the same in fee to and exchangeable for a precise quantity of gold.
National money and other sorts of cash (bank deposits and notes) were freely converted into gold on a fixed price. England followed a de facto gold fashionable in 1717 after the master of the mint, Sir Isaac Newton, overrated the guinea in terms of silver, and formally adopted the gold widespread in 1819.
The gold standard was the basis for the global monetary system from the 1870s to the early 1920s, and from the overdue Twenties to 1932 in addition to from 1944 till 1971 while America unilaterally terminated convertibility of america greenback to gold overseas important banks, efficaciously ending the Bretton Woods.
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The marginal tax rate and the average tax rate for a person who earns $70,000 will be $1,443 per month.
<h3>Marginal tax rate </h3>
The marginal tax rate is the amount of additional tax paid for every additional dollar earned as income. The average tax rate is the total tax paid divided by total income earned. A 10 percent marginal tax rate means that 10 cents of every next dollar earned would be taken as tax.
<h3>
Average tax rate </h3>
A taxpayer's average tax rate (or effective tax rate) is the share of income that they pay in taxes. By contrast, a taxpayer's marginal tax rate is the tax rate imposed on their last dollar of income. Taxpayers' average tax rates are lower — usually much lower — than their marginal rates.
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Answer:
Explanation:
HR processes involved to activities:
Employee leasing and outsourcing → Recruitment
Organizing orientation programs → Training
Expanding certain departments ans closing down others → right sizing
Providing paid vacation time to employee → designing compensation package
Answer:
b) =
Explanation:
The equal sign ( = ) is the symbol that should be used for entering a formula in a cell. Hence, option (b) is the answer.
Answer:
The correct answer is $900,000
Explanation:
Arena Corp. should record the asset and the lease obligation at the lower of the fair value of the asset at the inception of the lease.
In this case, The fair value is $900,000 and its precise amount to record. Keep in mind that Executory costs aren´t included in the lease obligation.