Answer:
The British pound
Explanation:
The functional currency of a company is the currency used in the primary economic environment in which the company operates. This means that the company's functional currency is the currency used in the place where the company earns its revenues and pays its expenses. In this case, the company operates in the United Kingdom, therefore its functional currency is the British pound.
Since you provide no relevant number,
In order to find out the optimal Asset allocation, you should find out which investment opportunities that Provide the highest return with the lowest standard deviation in the risk department
hope this helps
A major advantage of the built-in or automatic stabilizers is that they require no legislative action by Congress to be made effective.
<h3>What are automatic stablizers?</h3>
Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of the congress. An example of an automatic stablizer is taxes.
In an expansion, progressive tax increases the tax paid by citizens and in a contraction, tax paid is reduced and this increases disposable income.
Here is the complete question:
A major advantage of the built-in or automatic stabilizers is that they:
(a) simultaneously stabilize the economy and reduce the absolute size of the public debt.
(b) automatically produce surpluses during recessions and deficits during inflation.
(c) require no legislative action by Congress to be made effective.
(d) guarantee that the federal budget will be balanced over the course of the business cycle.
Answer:
First
Explanation:
something many people dont understand is a farm is a business and it always comes first. hope this helps
