All categories

3 years ago

1. A speculative attack on a currency occurs when:

Business

1 answer:

Shalnov [3]3 years ago

8 0

Answer:

B. Investors´ perceptions change, making a fixed exchange rate untenable.

Explanation:

A speculative attack happens when a lot of untrustworthy assets are sold by many investors and with that sale, they buy valuable assets.

In currency, it occurs when the national currency is sold massively and suddenly by national and foreign investors. These types of speculative attacks are seen especially on currencies that use a fixed exchange rate. They have the value of it tightened to a foreign currency.

I hope this answer helps you.

You might be interested in

What kind of inhibitor is a transition state analog usually classified as?

Usimov [2.4K]

<span>An enzyme inhibitor are chemical compounds with a chemical structure that resembles the transition state of a substrate molecule in an enzyme-catalyzed chemical reaction. The inhibitor can be designed according to the determined transition state structures or intermediates.</span>

4 0

3 years ago

I WILL GIVE BRAINLIEST

sveticcg [70]

Answer: true

Explanation:

6 0

3 years ago

Read 2 more answers

A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit

Natali5045456 [20]

Answer:

The correct answer is the option A: Cell

Explanation:

To begin with, the name of "Cellular Manufacturing" is known in the business field for being one type of manufacturing process that can be selected among others in order to use it as the method of excellence to produce the good that the company wants to sell. Moreover, this type of process is characterized by the fact that the process involves a number of various machines that do a task in particular, called cells, that can easily change that task in order to do another one that the manufacturer will need so that implicates that this type of method is very helpfull in those companies who develop products that are intended to be changed continuously.

7 0

3 years ago

A customer has total assets of $436,000 and total liabilities of $314,000. The customer has just signed a contract to buy a new

natta225 [31]

Answer:

$122,000

Explanation:

Net worth refers to total assets minus total liabilities.

Therefore, the net worth of this customer can be calculated as follows:

Assets = Existing assets + A new car - Withdraw from existing checking account = $436,000 + $35,000 - $5,000 = $466,000

Liabilities = Existing liabilities + Borrowing from auto fiance company = $314,000 + $30,000 = $344,000

Net worth = Assets - Liabilities = $466,000 - $344,000 = $122,000.

8 0

3 years ago

Jayhawk had previously purchased merchandise for $40,000 The company returned $4,000 of the merchandise previously purchased bec

ki77a [65]

Answer:

the options are missing, but I wrote down the two possible answers

the journal entry to record the purchase assuming perpetual inventory method:

Dr Merchandise inventory 40,000

Cr Accounts payable 40,000

the journal entry to record the damaged merchandise assuming perpetual inventory method:

Dr Accounts payable 4,000

Cr Merchandise inventory 4,000

the journal entry to record the purchase assuming periodic inventory method:

Dr Purchases 40,000

Cr Accounts payable 40,000

the journal entry to record the damaged merchandise assuming periodic inventory method:

Dr Accounts payable 4,000

Cr Purchases returns 4,000

8 0

3 years ago