Answer and explanation:
<u>Introduction
</u>
First of all, when talking about the Islamic Empire, it's necessary to go back to the birth of Islam in the year 610 CE, geographically locating ourselves in Mecca, where Saudi Arabia is located nowadays. The Islam was born by the hand of Muhammed, after his many territorial conquests.
Subsequent to his death, the so-called golden age of Islam began, and shortly after its expansion took place.
(Document A, provided by the website "Ducksters" on its history category. https://www.ducksters.com/history/islam/ )
<u>Expansion</u>
The expanse of the Islamic Empire happened during the middle age and turned into one of the largest empires to ever exist, rapidly conqueering both Palestine and Mesopotamia territory. By the year 640, Alexandria was a major target and Islamic army took about two years in order to win this territory. Finally, after these lands had been successfully occupied, it was the turn of Northern Africa.
(Document A, provided by the website "Ducksters" on its history category. https://www.ducksters.com/history/islam/
Document B, provided by the website "Khanacademy". https://www.khanacademy.org/humanities/world-history/medieval-times/spread-of-islam/a/the-rise-of-islamic-empires-and-states)
To make the two account balance, there will be AN INCREASE IN OFFICIAL RESERVE HOLDINGS.
Official reserve holding refers to a country total trade able foreign currencies, gold reserves and special drawing rights. The official reserve holding is a sub division of the capital account and it is used to balance payment on a yearly basis by the central bank of the concerned nation.<span />
Answer:
Lower of $2,400
Explanation:
In this question, we have to compare the total fixed manufacturing cost between the two methods which are shown below:
On January 1
= Number of units × fixed manufacturing cost
= 6,000 units × $3
= $18,000
On December 31
= Number of units × fixed manufacturing cost
= 5,200 units × $3
= $15,600
The difference between these two amounts would be $2,400 ($18,000 - $15,600)
In the variable costing, this cost should not be recognized in the income statement while in absorption costing, this cost should be recognized in the income statement as it is goes to the cost of goods sold as an expense.. So, the net income lower of $2,400
Answer:
b
Explanation:
nominal exchange rate is the rate at which one currency is exchanged for another currency. this rate included the inflation rate
real exchange rate is exchange rate adjusted for inflation
net export = export - import
if the nominal exchange rate declines it means that the value of the us dollar declines
if inflation is higher abroad than in the US, the value of the US dollar ought to increase. Because it the exchange rate decreases, it means that real exchange rate has also decreased.
Foriegn goods would become more expensive and export would increase