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
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 .

You might be interested in
Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for th
kompoz [17]
What are you suppose to here ?
4 0
3 years ago
A stock’s price fluctuations are approximately normally distributed with a mean of $29.51 and a standard deviation of $3.87. You
Ivahew [28]

Answer:

$34.46

Explanation:

In this Question there is Highest value of 10% and the probability of 90%.

we will use following formula to calculate the highest value of the stock

z value = ( x - mean ) / Standard deviation

where

x = the highest value

z score value at 10% = 1.28

Placing value in the formula

1.28 = ( x - $29.51 ) / $3.87

1.28 x $3.87 = x - $29.51

$4.9536 = x - $29.51

x = $4.9536 + $29.51

x = 34.4636

8 0
3 years ago
According to marx, the best economic system would be one where the means of production and distribution are in the hands of the
ololo11 [35]
Karl Marx is the founder of modern communism. Bourgeousie defines the capitalists, those who own the means of production and who take advantage of the labor (work) of the proletariat (the mass of workers who do not own the means of production and are not fairly compensated for their work).
<span>The statement that according to Marx, the best economic system would be one where the means of production and distribution are in the hands of the bourgeoisie is false. In contrast, according to Marx the best economic system would be </span><span>one where the means of production and distribution are in the hands of the proleteriat.</span>

3 0
3 years ago
Which of the following statements is false? A. Healing is one characteristic of a servant leader. B. Servant leaders place the g
irga5000 [103]

D is the correct answer.

Servant leaders can't lead if subordinates are not open to being guided.

Please vote my answer brainliest. thanks!

6 0
3 years ago
What annual rate of return is implied on a $2,500 loan taken next year when $5,375 must be repaid in year 6? (Do not round inter
Zarrin [17]

Answer:

16.54%

Explanation:

We have to applied the rate formula that is shown in the attachment.

The NPER shows the time period.  

Given that,  

Present value = $2,500

Future value or Face value = $5,375

PMT = $0

NPER = 6 years - 1 years = 5 years

The formula is shown below:  

= Rate(NPER,PMT,-PV,FV,type)  

The present value come in negative  

So, after solving this,  the annual rate of return is implied is 16.54%

4 0
2 years ago
Other questions:
  • Bill Phillips is developing a Monte Carlo simulation to value a complex and thinly traded security. Phillips wants to model one
    11·1 answer
  • Financial statements are the major means of communicating accounting information to interested parties. Group of answer choices
    13·1 answer
  • Which of the following statements holds true for electronic social networks? Their key use is to anonymously share ideas in an u
    5·2 answers
  • Which of the following is a good time management technique
    5·2 answers
  • Draw a Laffer curve. Label it. Draw a point on the curve at the tax rate that generates the maximum tax revenue. Label it ​T*. D
    7·1 answer
  • How does increased competition through FDI in the form of greenfield investments affect the host country
    10·1 answer
  • When it comes to the field of marketing, which of these activities is associated with logo design?
    8·1 answer
  • Cual es la importancia de tener bodegas en las empresas
    13·1 answer
  • What is the process for adding a text box on a slide?
    5·1 answer
  • Valuing cash flows with infinite growth in the dividend discount models (DDMs): a. cannot be calculated because growth to infini
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!