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
goldenfox [79]
4 years ago
7

Under a fixed exchange rate system, the government bears the responsibility to ensure that the BOP is near zero. If the sum of t

he current and capital accounts do not approximate zero, the government is expected to intervene in the foreign exchange market by buying or selling official foreign exchange reserves. If the sum of the first two accounts is GREATER THAN ZERO, a ________ demand for the domestic currency exists in the world. To preserve the fixed exchange rate, the government must then intervene in the foreign exchange market and ________ domestic currency for foreign currencies or gold so as to bring the BOP back near zero.'
A. deficit; buy
B. deficit; sell
C. surplus; buy
D. surplus; sell
Business
1 answer:
xxTIMURxx [149]4 years ago
3 0

Answer:

D. surplus; sell

Explanation:

According to my research on Economics, I can say that based on the information provided within the question a surplus demand currently exists and the government must intervene and sell domestic currency for foreign currencies or gold. A surplus is an excess of something, which the accounts being greater than zero indicate this. Then by selling their currency they are leveling out the BOP back to zero where it should be.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

You might be interested in
Rationality in the household decision-making process means that: a. households want to earn as much income as possible. b. house
ZanzabumX [31]

Answer:

households act in their own best interests.

Explanation:

Economic Decision-Makers includes the Households, Firms, Governments, and the Rest of the World. Economic decision-making is the means or process of selecting which needs and wants that should be satisfied. The factors that determines what is produced are Resources available and consumer preferences and the factors that determines what is purchased are consumer preference and price.

The Households demand for goods and services will lead to what the industries produces. Households are seen as rational because they try to act in their upmost best interests and not what will make them sad.Utility maximization is dependent on household's subjective goals.

7 0
3 years ago
______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. Th
likoan [24]

Answer: (4) Values

Explanation:

 The values are basically refers to the fundamental beliefs that helps in motivating our actions and the attitude of the person.

The values plays an important role in our life as it developing the various types of good the respect, honesty and the also teach us that always respect the regions and culture.

According to the given question, the values is basically refers to the permanent and deeply underlying belief that helps in determine the attitude of the person.

 Therefore, Option ($) is correct answer.

4 0
3 years ago
Celeste transferred 100 percent of her stock in Supply Chain Company to Marketing Corporation in a Type A merger. In exchange, s
Vesna [10]

Answer:

Loss = $200,000

Stock basis = $700,000

Explanation:

The computation of loss and stock basis is shown below:-

Since there is exchange in deferred tax so no loss will be recognized

Stock basis = Carryover Basis - Cash received

= $1,200,000 - $500,000

= $700,000

Therefore, if Celeste sell stocks $700,000, she will be in loss of $200,000

= $700,000 - $500,000

= $200,000

4 0
3 years ago
Wolfgang, who is age 33, records AGI of $125,000. He incurs the following itemized deductions for 2018: Medical expenses [$15,00
9966 [12]

Answer:

There is a positive adjustment of $5,200

Explanation:

Medical expenses

$2,500

State income taxes

$0

Charitable contributions

$5,000

Qualified housing interest

$6,000

Casualty loss

$1,800

Miscellaneous itemized deductions

$0

Total

$15,300

There is a positive adjustment of $5,200

6 0
4 years ago
Any time you walk into a store, you are in a market setting.
lesya [120]

Answer:true

Explanation:because there are still a store is what it is referring to bud

5 0
3 years ago
Read 2 more answers
Other questions:
  • Warner Corporation purchased a machine 7 years ago for $405,000 when it launched product P50. Unfortunately, this machine has br
    9·1 answer
  • Suring its first month of operations, Mathis Spa purchased supplies for $4,500 and debited the supplies account for that amount.
    7·1 answer
  • Lionel purchased a $200,000 ordinary life insurance policy when he was 25 years old and had significant life insurance needs. No
    12·1 answer
  • Where can i get the education to be a business owner?
    5·1 answer
  • What kind of puppy is in the claritin commercial?
    12·2 answers
  • A case comes before a Wisconsin state trial court on the subject of free speech on the Internet. It is a case of first impressio
    10·1 answer
  • Assume that the banking system has total reserves of $150 billion. Assume also that required reserves are 8 percent of checking
    14·1 answer
  • Investing. once a riskier action, has become more stable and inviting since many American companies are now moving to internatio
    5·1 answer
  • Picozzi Snow Removal's cost formula for its vehicle operating cost is $2,060 per month plus $306 per snow-day. For the month of
    15·1 answer
  • At the start of the 2008/2009 financial crisis, the fed ________ in an attempt to pump reserves into the banking system.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!