To correct avoid high unemployment, one of the measures done by the architects of Bretton woods is to agree on building a limited flexibility into the fixed exchange rate system. In addition, it was stated in the argument that the rules and regulations of the monetary management between the U.S., Canada, Western Europe, Australia, and Japan must be systematically established.
Answer:
Historical costs is objectively and precisely measured, whereas market values can be difficult to estimate, and different analysts would come up with different
values.
Explanation:
In preparing a balance sheet it is customary for a company to value the assets and other items based on historical costs rather than market values.
For example if an asset is purchased at $20,000, this value will reflect in the balance sheet in subsequent years. Or future calculation will be based on this.
Let's say yearly depreciation is $1,000 then after on year the value will be $19,000, after two years $18,000 and so on.
This is more object than market value which varies at any one time.
Market value for an item will vary depending on location and the market.
Answer:
city mileage standard deviation for this SUV model is 2.34 mpg
Explanation:
given data
mean = 15.2 mpg
company indicated SUV more than 17 mpg = 22 %
to find out
city mileage standard deviation
solution
we know here that
P(Z > 0.77) is = 0.22
so here z is
z = 0.77
and
we use here z-score formula that is
mean x = z ×
+
................1
so
= ( x -
) ÷ z ................2
put here value and we get
=
= 2.34
so city mileage standard deviation for this SUV model is 2.34 mpg
Focal vision
The focus vision has the purpose of helping in the targeting task. It is also the one that helps to establish a visual lead. Besides these, one of the most important functions of this type of vision, focus vision, is to allow the reading of street signs or any other that might be important, as well as interpreting them.
Answer:
1. Supply curve shifted to the left.
2. It will be referred to as the equilibrium.
Explanation:
1. The reason for the shifting of the supply curve to the left side, is that the sellers will be less inclined for supplying the same amount of quantity at the stated or the given price or the there is an increase or rise on the input prices of the product.
So, the situation of drought, result in less supply of the quantity in the market which in turn also increase the price. This will result in shifting of curve to left side.
2. Equilibrium means that the reaction has reached a point or a situation where the concentrations of the product as well as the reactant are unchanging with the time, as the backward as well as the forward reactions have the same rate.
Therefore, the point or a situation where the quantity supplied as well as the quantity demanded are equal will be known as the equilibrium point.