1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lbvjy [14]
3 years ago
8

Explain how growth in the demand for​ Australia's natural resources would affect the demand for Australian dollars in the foreig

n exchange market. Explain how the supply of Australian dollars would change.
Business
1 answer:
aleksley [76]3 years ago
6 0

Answer:

The question here is that of the balance of trade and the principles of demand and supply.  

According to the Economics principles of demand and supply, when demand is high, prices follow in the same direction and the currency appreciates in value.

So, on one hand, when the demand for Australia's natural resources increases, because the legal tender recognised within Australia's borders is its own currency, trading partners are forced to convert from their currency into the Australian dollars thus creating an increased demand for the currency.

On the other hand, if the value of a countrys imports is more than the value of its export transactions, the opposite would happen, that is, its currency depreciates or loses value.

Cheers!

You might be interested in
Clark wanted his workers to work for twelve hours every day instead of the eight hours they were supposed to. The workers were n
djyliett [7]

Answer:

a. soldiering

Explanation:

According to my research on scientific management studies, I can say that based on the information provided within the question this behavior of the workers is known as soldiering. This term is when a group of workers pressure each other to maintain the work-flow and productivity low, since if productivity is maintained low then the wages would stay up.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
If jasmine sleeps for 12 hours each night and takes two naps during the day, jasmine is most likely:
Maurinko [17]
<span>1 year old. A one year old child should sleep at least for 12 hours a day and the rest should occur as naps. It is the evidence of healthy body conditions. The baby during the period undergoes rapid metabolic actions which need much rest in the form of sleep.</span>
8 0
3 years ago
If there is no product differentiation at​ all, then the individual firm has a demand curve that is A. slightly downward sloping
Keith_Richards [23]

Answer:

C) perfectly elastic and identical to the firm in perfect competition.

Explanation:

In a perfectly competitive market, firms supply identical products, so the customers are indifferent towards buying the product from any supplier. What makes a monopolistic competition market different is that products are differentiated, so the customers will choose from which supplier to purchase the product.

When the products are identical (not differentiated), then the firm's demand curve will be perfectly elastic because a change in price will make their customers simply change the supplier. I.e. the products are all substitutes.

5 0
3 years ago
Read 2 more answers
Which terms best describe sales tax? Check all that apply.directindirectregressiveprogressiveproportional
Gnom [1K]

ANSWER: Indirect and Regressive

EXPLANATION: The Sales Tax is a tax which is imposed by the government on the sale of products and services. This tax is both Indirect and Regressive in nature.

Sales Tax is indirect because it is imposed by the government but are collected by the seller or the manufacturers (also known as Intermediary) on behalf of the government from the consumers. The intermediary then passes on the tax to the government.

Sales Tax is also regressive in nature as it imposed uniformly on the consumers regardless of the economic condition of the buyer. The term 'Regressive' means that the tax distribution pressure decreases as the buyer's income goes higher. The tax burden will be higher for low income group people and will be lower for high income group people.

5 0
3 years ago
Read 2 more answers
Consider the following: Cash in Bank - checking account of $13,500, Cash on hand of $500, Post-dated checks received totaling $3
borishaifa [10]

Answer:

b. $ 14,000

Explanation:

In the cash section of balance sheet, it includes cash on hand, cash in check accounts and normal deposit with term lower than 3 months.

Thus in this case, the cash should be reported in the statement = Cash in Bank - checking account of $13,500 + Cash on hand of $500 = $14,000

Post-dated checks received totaling $3,500 is a check on which the issuer has stated a date later than the current date, so it is not reported in current position

Certificates of deposit totaling$124,000 is reported in investment (short term or long term subject to the tenor of deposit)

7 0
4 years ago
Other questions:
  • Jaguar Ltd purchased a machine on 1 July 2016 at the cost of $640,000. The machine is expected to have a useful life of 5 years
    5·1 answer
  • Research has determined that undergraduate college students tend to behave in similar manners with regards to their credit card
    14·1 answer
  • You are giving the following amounts: $190,258.50; $152,698.00; $122,753.00; $220,523.00; $231,951.00. What is the average of th
    14·1 answer
  • What is covered with liability insurance
    9·1 answer
  • Now, suppose that, rather than immediately lending out all excess reserves, banks begin holding some excess reserves due to unce
    12·1 answer
  • On January 1, 2017, Grand Haven, Inc., reports net assets of $945,300 although equipment (with a four-year remaining life) havin
    5·1 answer
  • Discuss and analyze a situation where you worked on a team/project team consisting of diverse or intercultural team members. Con
    7·1 answer
  • An income statement reports information over a period of time, indicating the financial progress of a business in earning a net
    7·1 answer
  • A company handbook states that employees will be given warnings for three instances of arriving late for work, after which they
    11·1 answer
  • process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reas
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!