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Gekata [30.6K]
3 years ago
11

Under the Bretton Woods system

Business
2 answers:
yulyashka [42]3 years ago
7 0

Answer:

D) all of the options

Explanation:

The Bretton Woods system lasted between 1944 and 1971, until the US exited the gold standard. the gold standard pegged the value of the US dollar and other currencies to gold reserves.

The problem with the gold standard was that it didn't consider rising inflation and severely limited any actions that the FED could take to try to control it. It also limited economic growth, since the gold reserves couldn't keep up with the growth of the economy. This didn't only happen to the US, all the countries that adopted the gold standard stopped using it for the same reasons.

The original idea of the Bretton Woods agreement was that each country would peg its exchange rate to a certain value of gold, but as the price of gold increased, the rest of the countries pegged the value of their currency to the US dollar. That is why the US dollar is still today the most widely used currency in the world and almost 60% of all the physical currency is held outside the US.

Mumz [18]3 years ago
4 0

Answer:

The answer is D. All of the options

Explanation:

The Bretton Woods system of of monetary management which was negotiated in 1944 with the aim of creating an international monetary system.

Under this system, representatives of countries agreed to establish a par value of their respective currencies in relation to the dollar. Dollar was pegged at $35 per ounce, and each country was responsible for maintaining its exchange rate within 1 percent of the adopted par value by buying or selling foreign exchanges as necessary.

However, in the early 1970s, President Richard Nixon made the announcement that the United States would no longer be accepting gold in exchange for the dollar, and the put an end to the Bretton Woods system.

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Bingel [31]
<span>The answer is "$100 of interest and $50 of the personal property tax".

</span><span>Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400 
=25/100 x 400 = 0.25 x 400 
Interest =$100

personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
</span>personal property tax = $50<span>

</span>
4 0
3 years ago
The following payroll journal entries for Oct. 15 were made by your predecessor. For FICA tax, assume that the social security r
krok68 [10]

Answer:

1. We have:

Payroll subject to the federal unemployment taxes = $22,000

Payroll subject to the state unemployment taxes = $22,000

2. Total payroll = $820,000

3. FICA taxes in payroll = $61,500

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answers is now provided as follows:

1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll.

Payroll subject to the federal unemployment taxes = Federal unemployment tax payable / Federal unemployment tax rates = 176 / 0.8% = $22,000

Payroll subject to the state unemployment taxes = State unemployment tax payable / State unemployment tax rates = 1,188 / 5.4% = $22,000

2. What is the total payroll for Copperfield and Company shown in these journal entries?

Total payroll = Salaries Expense + Wages Expense = 647,800 + $172,200 = $820,000

3. What is Copperfield and Company’s share of FICA taxes in this payroll?

FICA taxes in payroll = Social security tax payable + Medical tax payable = $49,200 + 12,300 = $61,500

Download pdf
4 0
3 years ago
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insens350 [35]

Answer:

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Explanation:

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Miss Kitty's Chocolate Corral is located in an out-of-the-way small shopping center. However, the company enjoys outstanding bus
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Answer:

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Word of Mouth can be as simple as telling someone the time of day.

An Example of Word of mouth is Storytelling; A common form of Word Of Mouth communication where one person tells others a story about something that really happened or a fictional event.

In marketing, Word of Mouth is An unpaid form of promotion or advertisement in which satisfied customers or users of a particular product or services tell other people how much they like a business, product or service.

Word of Mouth advertising is very important for every business, because each happy customer can steer dozens of new customers to come and patronise you.

From the question, Kitty's company are making good sells and have many customers despite their location because of the positive and delightful things their satisfied customers say about them to other people. Thus Miss Kitty is benefiting from A positive Word Of Mouth.

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