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
rosijanka [135]
3 years ago
14

To force the value of the British pound to depreciate against the dollar, the Federal Reserve should: Group of answer choices se

ll dollars for pounds in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell dollars for pounds in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market.
Business
1 answer:
maria [59]3 years ago
3 0

Answer:

sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.

A foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.

For example, the conversion of dollars of the United States of America can be converted into Pounds (British) at the foreign exchange market.

Hence, to force the value of the British pound to depreciate against the dollar, the Federal Reserve should sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.

You might be interested in
The ability of an organization to effectively identify, acquire, foster, and retain loyal profitable customers is:
AleksAgata [21]

Answer:

c. customer relationship management

Explanation:

Customer relationship management -

It is the method , to manage the interactions of the present or previous customers with the company , by using the data , is known as the customer relationship manangement .

It make use of all the previous data in order to increase the business realtionship with the cutomers , for better profit .

The CRM , takes help from the website of the compnay , emails , chats and even social media , to perform its task .

4 0
3 years ago
In a perfectly competitive industry, the short-run supply curve for the market is the:
DENIUS [597]

Answer:

b. marginal cost curve above the average variable cost curve.

Explanation:

A perfect competitive indsutry is a characterised by many firms selling homogenous goods and services. Firms are price takers and there are no barriers to entry or exit of firms in the industry.

The supply curve of a perfectly competitive firm in the short run is the part of the marginal cost curve that lies above the average variable cost curve.

A perfect competition maximises profit where price equals marginal cost.

I hope my answer helps you

3 0
3 years ago
Akuntansi keuangan perusahaan​
schepotkina [342]

Answer:

workplace in New York City and delivered a summons to appear in court in Maryland. The lawsuit against her relates to property damage that occurred in a home sh rented in New Jersey, which

5 0
2 years ago
You have just retired with savings of $2 million. If you expect to live for 57 years and to earn 7% a year on your savings, how
galben [10]

Answer:

Annual withdraw= $143,023.66

Explanation:

Giving the following information:

Present value (PV)= $2,000,000

Number of periods (n)= 57

Interest rate (i)= 7% a year

<u>To calculate the annual withdrawal, we need to use the following formula:</u>

Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]

Annual withdraw= (2,000,000*0.07) / [1 - (1.07^-57)]

Annual withdraw= $143,023.66

6 0
3 years ago
Tom and Sally Jones are preparing to purchase a new car. Tom currently has a Toyota Camry and Sally has a Honda Accord. They now
Julli [10]

Answer:

Demographic, behavioral

Explanation:

Tom and Sally's family life cycle stage is a Demographic segmenting dimension, and the benefit Sally seeks (reliability) is a behavioral segmenting dimension.

4 0
3 years ago
Other questions:
  • DogMart Company records depreciation for equipment. Depreciation for the period ending December 31 is $1,400 for office equipmen
    13·1 answer
  • Which eu country has recently established formal border controls along one of its borders?
    8·1 answer
  • _________ are information systems that process​ operational, social, and other data to identify​ patterns, relationships, and tr
    8·1 answer
  • the most direct way for Jonathon to gain on the job experience and earn money while attending school is to apply for
    10·1 answer
  • a. If the value of land in an area is increasing 10.5 percent a year, how long will it take for property values to double? (Roun
    15·1 answer
  • Held-to-Maturity Bond Investment On January 1, 2016, Weaver Company purchased as held-to-maturity debt securities $500,000 face
    5·1 answer
  • NoMoreKidSongs Corp. paid a dividend last quarter of $6.18. It is expected to grow at 3% over the next year, 8%, the following y
    11·1 answer
  • Mr. Buffett says the kinds of bad qualities some people show are qualities that no
    8·1 answer
  • Benjamin jackson bought 100 shares of xyz two years ago at $10 per share. the stock paid a $0.50 dividend each year and he sold
    7·1 answer
  • Discuss which financial management practices are least effective in creating and monitoring an operating budget?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!