defining and implementing monetary policy. conducting foreign exchange operations. holding and managing the euro area's foreign currency reserves. promoting the smooth operation of payment systems.
<h3>What is
foreign currency reserves?</h3>
Foreign Exchange Reserves are cash and other reserve assets, such as gold, held by a central bank or other monetary authority and used primarily to balance a country's accounts, influence the foreign exchange rate of its currency, and maintain financial market confidence.
Foreign exchange reserves are a country's emergency funds in the event of an emergency, such as a rapid depreciation of its currency. Countries use foreign currency reserves to maintain a fixed rate of value, maintain competitively priced exports, remain liquid in the event of a crisis, and provide investors with confidence.
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Answer:
3. No, due to unilateral mistake
Explanation:
Lacey and Cagney both had agreed to wok for 30 hours per week and the agreement is in written format since it is enforceable. Both of them are sharing 50% profits so both will have to share the duties equally. When Lacey makes an excuse and is working for 20 hours per week only Cagney can sues her and she is in a probability to win against her. Lacey should have informed Cagney about the vacation from school scenario before signing the contract.
Increased flexibility in scheduling serves as important benefit for employers to offer because of:
1)the increase in single parent homes
2)the increase in two-income families
- Scheduling serves as a process of arranging as well as controlling and optimizing work when carrying out a production process.
- It is important for employers to have Increased flexibility in scheduling because of the rise in single parent home.
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Answer:
$27,656.00
Explanation:
Information given;
Amount in $
Bank balance 34,351.00
Deposit in transit 4,240.00
Service charge 39.00
Interest earned 95.00
Outstanding checks 10,935.00)
NSF check deposit 650.00
Book balance 28,250.00
Considering the above, the transactions yet to be captured and to be adjusted in the books as at April 30 are as shown below.
Amounts in $
Book balance 28,250.00
NSF Check (650.00)
Interest earned 95.00
Service charge (39.00)
Adjusted book balance <u>27,656.00</u>
Answer:
A company has designed a new product and tested the prototype. What is the next step in product development ? Test - market the product.
Explanation:
Answer option A) Test - market the product.