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galina1969 [7]
3 years ago
14

In the 1850s the French franc was valued by both gold and silver, under the official French ratio which equated a gold franc to

a silver franc 15½ times as heavy. At the same time, the gold from newly discovered mines in California poured into the market, depressing the value of gold. As a result, A. the franc effectively became a silver currency.B. the franc effectively became a gold currency.C. silver became overvalued under the French official ratio.D. answers a) and c) are correct
Business
1 answer:
Angelina_Jolie [31]3 years ago
4 0

Answer:

B) the franc effectively became a gold currency.

Explanation:

Before the price of gold plummeted, the French government could rely on bimetallism, but as the price of gold decreased and the value of silver remained the same, all you needed to do to earn some money was change your gold coins into silver coins (arbitrage). So the French government decided that it couldn't rely on the value of two different metals and chose gold.

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Let the equation c = 2.32 n + 34,180 represent the cost of raising a child, c, on an income, n. if the corlone family has an inc
Elza [17]

Since the equation C = 2.32N + 34,180 where C is the cost of raising a child and N is the income. So, if the Corlone family has an income of $40,000, you use the value of N to solve for C:

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3 years ago
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GalinKa [24]

Answer:

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Explanation:

A marketing plan can be defined as a detailed document that contains the actions that a company must take to achieve its marketing objectives. Through this document, it is possible to carry out a planning for a product, service and brand.

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7 0
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beks73 [17]

As soon as an agent or a broker accepts an earnest money deposit on behalf of a seller, they become an escrow agent, and the money is placed in an escrow account.

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However, if the buyer does not deposit the earnest money with the escrow agent within a reasonable time after contract execution, the buyer thus would be in default.

Hence, an escrow account is one which you fund each month.

To learn more about escrow account here:

brainly.com/question/28789257

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