For this table, the reference currency is the Euro.
- The reference currency means that the euro is the base unit, the table shows how much is one euro worth in the different currencies. This can be observed on the first row of the second column where it says (euro= 1)
The exchange rate of the euro to the US dollar and most other currencies is determined by supply and demand.
- Most countries have a flexible exchange rate. This means that the government does not have a fixed exchange rate. With a fixed exchange rate the government compromises to give a given amount of money in exchange for one unit of a specific currency. Whenever, there is a flexible exchange rate, the price of another currency is determined by the incoming and outgoing capital.
According to the chart, one euro would buy 1.2149 Swiss francs.
- This can be found in the fourth row and second column of the chart.
- 1 euro = 1.2149 Swiss francs
It would cost 1.28 US dollars to buy one euro.
- 1 euro = 1.28 US dollars
- This can be found in the last row and second column of the chart.
Answer:
The Federalists believed that Democratic-Republican criticism of Federalist policies was disloyal and feared that aliens living in the United States would sympathize with the French during a war. a Federalist-controlled Congress passed four laws, known collectively as the Alien and Sedition Acts.
Explanation:
I'm not sure if you made a typo or not but in the current context I can only see negligible being relevant.
Answer:
The horizontal axis in the coordinate plane is called the x-axis. The vertical axis is called the y-axis. The point at which the two axes intersect is called the origin. The origin is at 0 on the x-axis and 0 on the y-axis.
Explanation:
