1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KengaRu [80]
3 years ago
7

Flexible exchange rate systems are calculated according to

Business
2 answers:
Stella [2.4K]3 years ago
6 0
Flexible exchange rate systems are calculated according to supply and demand. Every currency decides the type of exchange rate arrangement to uphold.
Oksanka [162]3 years ago
6 0

Answer:

Supply and demand.

Explanation:

Flexible exchange rate is the exchange rate where the value of currency react to the change in demand and supply. That means it depends greatly on the supply and demand and is therefore calculated accordingly.

It is left without intervention so as to allow the exchange rate to equate itself to the demand and supply of foreign currency.

It keeps the government away from holding foreign exchange reserve and helps in maximizing resource allocation.

You might be interested in
M2-28. Computing and Comparing Income and Cash Flow MeasuresPenno Corporation recorded service revenues of $200,000 in 2020, of
Zina [86]

Answer:

Explanation:

M2-28. Computing and Comparing Income and Cash Flow MeasuresPenno Corporation recorded service revenues of $200,000 in 2020, of which $170,000 were on credit and $30,000 were for cash. Moreover, of the $170,000 credit sales for 2020, Penno collected $20,000 cash on those receivables before year‑end 2020. The company also paid $25,000 cash for 2020 wages. Its employees also earned another $15,000 in wages for 2020, which were not yet paid at year‑end 2020. (a) Compute the company’s net income for 2020; and (b) how much net cash inflow or outflow did the company generate in 2020? Explain why Penno’s net income and net cash flow differ.

7 0
3 years ago
When we watch a production of Hamlet, we know that the actors playing Gertrude and Hamlet will not actually die after being pois
notsponge [240]

Answer:a. Willing suspension of disbelief

Explanation:

What does this phrase mean?

It occurs when we accept event as believable so that we can enjoy the the story line.

This occurs when we watch drama or read a story on the book evethough we know that these are just characters and non of this is true but still in order for us to enjoy the story to the fullest we willingly accept these characters as real in order to have a true feeling towards the story and it's message.

It like when we watch a sad movie and we find ourselves crying because we have accepted the characters to be true in order to fully enjoy the story.

8 0
3 years ago
Which of the following statements is FALSE? There is no need to evaluate mutual fund investments because investment companies hi
Anna35 [415]

Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE

 A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.  

 Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments. 

8 0
3 years ago
Read 2 more answers
Tier 1 enterprise resource planning vendors such as sap and oracle are more appealing to large firms due to ________.
ycow [4]
Tier 1 enterprise resources planning ...................................... due to OPPORTUNITIES FOR CORPORATE-WIDE STANDARDIZATION.
A tier 1 enterprise resource enterprise refers to companies that are direct suppliers for an original equipment manufacturer. Companies prefer dealing with such companies due to the opportunities attached.
6 0
3 years ago
Using _____ information will help you determine whether an industry is expected to increase employment.
zhuklara [117]
Career outlook is the correct answer
3 0
3 years ago
Read 2 more answers
Other questions:
  • OSHA issues fines against companies which have safety violation in order to _______.
    8·2 answers
  • Why should an auditor make decisions in the public interest rather than in the interest of management or current shareholders??
    7·1 answer
  • Response questions generally focus on
    11·2 answers
  • An entrepreneur is made​
    9·1 answer
  • The phenomenon of uncommitted data occurs when two transactions are executed concurrently and the first transaction is rolled ba
    9·2 answers
  • On July 1, based on prior experience, Rocky estimated there is a 40% chance it will earn the bonus for July tours. It guided a t
    7·1 answer
  • Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk.
    10·1 answer
  • Inferior company sells products that are poorly made. jack, who has never bought an inferior product, files a suit against infer
    10·1 answer
  • Suppose that the administration in charge of the government proposes increasing spending on infrastructure. Assume that everythi
    15·1 answer
  • Conroy Company uses the allowance method to account for bad debts. During the year, Conroy determined that a balance of $200 fro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!