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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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A manufacturing company has annual sales of $180,000 and inventory of $40,000. The inventory turnover ratio for the company is _
NISA [10]

Answer:

4.5

Explanation:

Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.

Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.

Annual sales of a manufacturing company =\$180,000

Inventory =\$40,000

Inventory turnover ratio for the company = Sales/Inventory

=\frac{180,000}{40,000} =4.5

6 0
2 years ago
A bond indenture is
Lena [83]

Answer:

C. A contract between the corporation issuing the bonds and the bond trustee, who is acting on behalf of the bondholders.

Explanation:

A bond indenture specifies the contract which is between the bond issuers and bond holders. The contract specifies all the obligations owed by the issuers to the bond holders.

In this case the right definition of indenture would be a contract between the corporation issuing the bonds and the bond trustee, who is acting on behalf of the bondholders.

Hope that helps.

5 0
3 years ago
During the introduction stage of the product life cycle, promotional expenditures are made to stimulate consumer desire for an e
TEA [102]
<span>During the introduction stage of the product life cycle, promotional expenditures are made to stimulate consumer desire for an entire product class rather than for a specific brand. The consumer desire that is stimulated is referred to as primary demand.
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6 0
3 years ago
Guerilla Radio Broadcasting has a project available with the following cash flows : Year Cash Flow 0 −$15,700 1 6,400 2 7,700 3
drek231 [11]

Answer: 2.36 years

Explanation:

Payback period is the amount of time it will take to pay off the initial investment/ outlay which in this case is $15,700.

= Year before investment is paid + (Amount remaining/ Cashflow in year of Payback)

Add up the cashflows to find the year before payback;

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Year before payback = 2

Amount remaining;

= 15,700 - 14,100

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Payback period = 2 + (1,600/ 4,500)

= 2.36 years

5 0
3 years ago
The ratio of all resources to the goods and services produced is referred as
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