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user100 [1]
3 years ago
15

A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between tha

t currency and other currencies is determined by the reference currency exchange rate. Multiple Choice pegged exchange currency board fixed exchange floating exchange
Business
1 answer:
hammer [34]3 years ago
5 0

Answer:

pegged exchange

Explanation:

Pegged exchange rate  -

<u>It is also known as the fixed exchange rate . </u>

It is a type of the exchange rate in which the value of the currency for the other country's currency value or could be the measure of other monetary like the gold , is known as pegged exchange rate .

hence , from the question ,

The correct term for the given statement of the question is pegged exchange rate .

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Answer:

<u>D. Purchase returns Bob</u>

Explanation:

  • Purchase refers to payment by credit
  • So, it is either B or D
  • D sounds like the more sensible option
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Hope this helped :)

Explanation:

3 0
3 years ago
A $1 per unit tax levied on consumers of a good is equivalent to
Katen [24]

Based on accounting principles, a $1 per unit tax levied on consumers of a good is equivalent to "a $1 per unit tax levied on producers of the good."

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In other words, when the government levies a tax on a good, producers are not exempted from the tax levy because that money will be recouped from the producers' sales or revenue.

Hence, in this case, it is concluded that tax on goods is inevitable to consumers and producers.

Learn more here: brainly.com/question/22680521

7 0
2 years ago
Bob and Susie wash cars for extra money over the summer. Bob's income is determined by f(x) = 6x + 13, where x is the number of
KatRina [158]
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