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netineya [11]
3 years ago
10

When the world went to a system of floating exchange rates, the Balance of Payments became a relic of a system of fixed exchange

rates and is no longer watched by serious economic groups. True False
Business
1 answer:
Hitman42 [59]3 years ago
8 0

Answer:

False

Explanation:

The balance of payments includes all the economic transactions that a country has with the rest of the world, including the balance or trade (exports of goods - imports of goods), balance of services (exports of services - imports of services), capital account (net change in a nation's assets and liabilities), and total unilateral transfers (money sent out f the country vs money sent into the country).

The balance of payments is a very important economic indicator.

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Brenda and Louise are twin sisters who each married 20 years ago. Brenda and her husband run a small piano tuning business. They
NeX [460]

Answer: Probably, still happy

Explanation:

People measure success differently, and what makes an individual happy may not be applicable to another, some person's gain satisfaction in doing their own business, while some prefer working for other people. This is why there isn't any specific measure for people's success. Concerning Brenda and Louise, there is a great possibility that they are happy in their various endeavors, having chosen a particular career part and stuck to it for years. This doesn't mean they won't have challenges but means they are happy where they are.

5 0
2 years ago
Upper A report about the decline of Western investment in third world countries included this: "After years of daily flights com
Ksenya-84 [330]

Answer:

True

Explanation:

The actual amount of the decrease in foreign investment is less than​ 100% therefore, if foreign investment fell by​ 100%, it would be cut in half.​ Apparently, a decrease of​ 200% means that it would be totally​ eliminated, and a decrease of more than​ 200% is impossible.The the statement does not mention the initial amount of foreign investment.

8 0
3 years ago
were designed to concentrate the credit risk of a bundle of loans on one class of investor, leaving the other investors in the p
asambeis [7]

Answer:

collateralized debt obligation

Explanation:a

collateralized debt obligation is referred to an emergency asset that would be used as collateral assets if a company unable to pay the loan.

It is basically introduced by the bank to regain the loan value that is sold to particular investors.  it helps the bank to make more funds and it also helps to transfer risk from bank to investor.

5 0
3 years ago
The electric utility rate for a facility during the months of May through October is 4.5 cents per kilowatt-hour for energy, $11
Minchanka [31]

Answer: $11564

Explanation:

Total units consumed for August = 96000

There's a peak demand of 624kw

Also, the May through October is 4.5 cents per kilowatt-hour for energy.

The August electric bill will then be:

= 96000 × 4.5/100 + 624 × 11.50 + 68

= (96000 × 0.045) + (624 × 11.50) + 68

= 4320 + 7176 + 68

= 11564

4 0
2 years ago
Which of the following statements is correct?
Kamila [148]

Answer:

The correct answer is d. Different economic models employ different sets of assumptions.

Explanation:

To approach the study of economic reality it is necessary, in some way, to simplify it; keep certain variables under control. Precisely for this, it is that economic models are built.

Economic models are built on principles of departure, called "assumptions." Such assumptions fulfill the same role as the postulates in geometry. That is:

  1. They are not subject to deduction from other more basic principles.
  2. They are "reasonably" true but not necessarily verifiable.
  3. They function as premises in the logical structure to deduce the conclusions and correlations found in the lowest levels of generality.

We can say then, that the theoretical explanations refer to invisible "relationships", whose existence is proposed by the theory, and whose implications are logically deduced, and then corroborated by observations. They consist of:

  1. Assumptions (eg subjects want to maximize their earnings).
  2. Relevant variables (eg price and quantity).
  3. Binding hypothesis (eg quantity demanded based on price).
  4. Conclusions or predictions of observable facts (eg prices will rise).
5 0
3 years ago
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