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Sergio [31]
3 years ago
15

There is no nation involved in global trade that still maintains a fixed value of their currency relative to a key currency or g

old
a. true
b. false
Business
1 answer:
kirza4 [7]3 years ago
6 0

Answer:

a. true

Explanation:

  • Gold is a currency that is the free market system that will fluctuate tp the form of exchange and no country in international trade can maintain a fixed value of its currency relative to the key currency though they can trade gold in multiple ways and can participate in price movements.
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If an owner takes a property off the market for a definite period of time in exchange for some consideration, but grants the rig
HACTEHA [7]

Answer:

b. Option

Explanation:

8 0
3 years ago
In a labor market comprising many firms hiring many workers with identical skills, which of the following is correct?
serg [7]

Answer:

Individual firms and workers are wage takers because they cannot exert any control over the market wage rate.

Explanation:

Remember, a labor market shows the availability of employment and labor, in terms of their supply and demand.

This scenario occurs in a purely competitive labor market.

In this market there many qualified workers with identical skills; meaning the workers share similar skills while the demand for such skills is high because of their importance to firms.

4 0
3 years ago
An investor buys a $10,000 par, 4.25 percent annual coupon TIPS security with three years to maturity. If inflation every six mo
NeX [460]

Answer:

D. $11,843.37

Explanation:

principal \times (1+\alpha)^6 \times (1+r_n)

We will adjust by inflation the principal, and then calculate the interest.

Inflation is 0.025 every six month, and it is compounding interest.

Our rate will be for six month as well. Because TIPs pay interest semianually as well.

principal \times (1+0.025)^6 \times (1+0.0425/2)

11,843.36903

3 0
3 years ago
One factor that is usually higher in less developed countries (LDCs) than in developed countries is _____.
USPshnik [31]

Answer:

D) infant mortality

Explanation:

Infant mortality rate (IMR) is a ratio that measures how many infants (children under one year of age) die for every 1,000 live births. The IMR serves as an indicator of how healthy a country's population is.

The countries with the highest IMR are Afghanistan, Somalia, Central African Republic. While the countries with the lowest IMR are Japan, Iceland and Singapore.  

4 0
3 years ago
In a job order costing​ system, a credit to Finished Goods Inventory will be accompanied by a debit to A. WorkminusinminusProces
goldenfox [79]

Answer:

A. Work-in-Process Inventory

Explanation:

What a credit to finished goods inventory actually means is that there was an increase in the number of finished goods. If finished goods increased, it means that the number of goods still being worked on (Work-in-process inventory) has decreased (debit). Thus, this transaction must be accompanied by a debit to Work-in-Process Inventory.

4 0
3 years ago
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