Answer:
There will be <em>no depreciation (shift)</em> <em>because</em> it is not an open market FX floating rate exchange
Explanation:
All over the world, some countries operate <em>floating rate exchange policy</em> in which the value of <em>a currency increases or decreases based on demand and supply in the forex market.</em>
In the case of <em>Central African CFA</em> (XAF), there would <em>not be a shift in the value of the currency in the FX market as a result of the currency value being controlled rigidly (Non-floating rate exchange method) irrespective of the political scandal in some areas of the region or not. </em>This is also similar to the situation where by a country in the CFA region still has a <em>stable currency exchange rate against Euro irrespective of the terrorism activities or economic situation they are passing through at that particular point in time.</em>
Answer:0.0228
Explanation:
Assuming the letter of Alphabet A is a random variable which represents the small bowl and the letter of Alphabet B is the random variable which represents the large bowl.......
Therefore, the total amount of large bowl and small bowl is B+A and the difference between the large bowl and the small bowl is B-A....................
The first thing to do is to find the variance followed by the determination of the z-score.
(A). Variance= σ= √( σ^2(B) + σ^2(A)..........-----------------------------------------------------------------------------------(1)..
Then,
σ= √(0.4^2 + 0.3^2).
σ= 0.5.
(B). Hence, we calculate for the z-factor.
Therefore, z= 0 - 1/ 0.5.
= -2.
So, P(B - A < 0) = 0.0228.
Federalist No. 2, titled "Concerning Dangers From Foreign Force and Influence", was published on October 31, 1787, as the first of five essays written by Jay where he addresses the advantages of a unified government over separate sovereignties.
1 is an essay by Alexander Hamilton, which became the first of a collection of essays named The Federalist Papers. It was published on October 27, 1787, under the pseudonym Publius. This paper provides the outline for the rest and argues for the inadequacy of the Articles of Confederation.
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