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
Murrr4er [49]
3 years ago
7

A citizen in a developing country with a currency policy of convertibility on the current account could engage in all of the fol

lowing transactions except: Multiple Choice purchase foreign currency in order to import a BMW. sell foreign currency resulting from the exports of manufactured t-shirts. sell foreign currency resulting from the sale of a U.S. treasury bond. purchase foreign currency in order to purchase a U.S. treasury bond.
Business
1 answer:
masha68 [24]3 years ago
3 0

Answer: purchase foreign currency in order to purchase a U.S. treasury bond.

Explanation:

Currency convertibility has to do with the degree in which the domestic currency of a particular country can be converted into the currency of another country.

Therefore, a citizen in a developing country with a currency policy of convertibility on the current account could engage in the purchase foreign currency in order to purchase a U.S. treasury bond.

You might be interested in
Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their com
Rasek [7]

Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their competitive capability related to flexibility.

Explanation:

Flexibility can be seen as somewhat a set of capabilities and as a means of competition within a specific environment, with very little consequence for time, commitment, costs or efficiency.

For both, product development and manufacturing approaches to be established, it is important to differentiate between the need to be agile and the demand need to be addressed, or the consumer value extracted from it.

Competitive capabilities have been described as the actual performance of a plant compared to its competitors, with consistency, availability, versatility and costs the most widely discussed capabilities.

3 0
3 years ago
Why does a​ $1 increase in government purchases lead to more than a​ $1 increase in income and​ spending?
nexus9112 [7]

Answer:

If there is $1 increase in the government purchases, this will increase the income and spending by more than $1. This increase is due to the government spending multiplier.

The increase in government spending will lead to increase the aggregate demand and national income of a nation.Therefore, this will increase the induced spending.

That's why one dollar increase in government spending will lead to more than one dollar increase in income and​ spending.

3 0
4 years ago
Assume that the corporate tax rate is 34% and the personal tax rate is 30%. The founders of a newly formed business are debating
miv72 [106K]

Answer:

b. 23.8%

Explanation:

For computing the percentage difference, we have to compute the Pre-tax income of both corporations and the partnership

For corporations:

Pre-tax income = (1 - corporate tax rate) × (1 - personal tax rate)

                         = (1 - 0.34) × (1 - 0.30)

                         = 0.66 × 0.70

                         = 0.462 or 46.2%

For partnership:

Pre-tax income = (1 - personal tax rate)

                         =  (1 - 0.30)

                         = 0.70 or 70%

So, the difference would be

= 70% - 46.2%

= 23.8%

5 0
3 years ago
A recession tends to cause the federal budget deficit to ________ because tax revenues ________ and government spending on trans
AveGali [126]

Answer:

b) increase; fall; rises

Explanation:

Federal budget comes from tax revenues and was drained by transfer payments.

In a recession, firms go out of businesses and people don't spend much. There will be less tax on goods and firms' profits. On the other hand, more people become unemployed  and become entitled to receiving transfer payments.

3 0
3 years ago
Your Uncle Mike is approaching retirement and he asks for your advice for a safe place to invest several thousand dollars. He wa
zmey [24]

Answer:

d. treasury and top-grade corporate bonds pay interest two times each year

Explanation:

Treasury bonds represent the best solution for investing, having in mind the <u>low-risk aspect</u> and the fact that they are <u>issued by the government</u>. Treasury and top-grade corporate bonds always pay <u>semiannual interests</u>.

<em>Junk bonds</em> should not be even considered in risk-free options, as a junk bond is a bond issued by a struggling company, which may happen not to pay any interest sometimes.

<em>Common stock</em> does not necessarily have to pay quarterly dividends, as some companies pay dividends monthly, or even annually. Also, the risk is still lower in treasury bonds, as common stock becomes questionable in the case of company liquidation. If and when that happens, common stockholders gain rights to company assets only after bondholders and preferred shareholders become paid.

The default risk is present in all bonds, including <em>Yankee bonds</em>, which are issued by foreign companies in the USA.

6 0
4 years ago
Other questions:
  • Which sentences explain the limitations of financial statements​
    5·1 answer
  • The drugstore chain CVS uses loyalty-card data to better understand what consumers purchase, the frequency of store visits, and
    6·1 answer
  • Explain the effects of each of the following factors on the market price and quantity of cell phones available in the market: an
    10·1 answer
  • Dianne wanted to understand why affiliation is so strong in religious cults. She decided to join the cult so that she could disc
    8·1 answer
  • The research conducted by _____ to determine the characteristics of successful organizations was later criticized during the 198
    6·1 answer
  • How old is Donald Trump?
    9·2 answers
  • I am 48 years, 48 weeks, 48 days and 48 hours old. How old am I?
    6·1 answer
  • This video describes the brewing industry. Large brewers and craft brewers are both a part of the industry because: a.all beers
    11·1 answer
  • Assume you borrow $500 from a payday lender. The terms are that you must pay a fee of $75 in advance (today) and oneyear from no
    15·1 answer
  • 37. The top of the plate where food is placed is called?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!