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
romanna [79]
3 years ago
6

After some troubling times in Egypt, American tourists are visiting in record numbers. As a result, demand for Egyptian pounds w

ill _____ which means its value will _____ against the U.S. dollar, all else equal.
a) increase; depreciate

b) increase; appreciate

c) decrease; depreciate

d) decrease; appreciate
Business
2 answers:
Blababa [14]3 years ago
8 0
The correct answer is b) increase; appreciate.
Since more and more people go in the country, more and more money will be required and produced. Since this money will not be surplus in the economy of the country they will gradually increase their value because of the growing demand for them, thus competing with the values with the other currencies, like the American Dollar (USD).
Jlenok [28]3 years ago
6 0

The answer is B, Increase, appreciate.

After some troubling times in Egypt, Americans tourist are visiting in record numbers. As a result, demand for Egyptian Pound will Increase, which means its value will Appreciate against the US Dollar.

When tourists from America visit Egypt, they will buy the pound, for different use like hotel booking, meals, conveyance, shopping etc,  in exchange of their home country's money, that is Dollar, which means, they are demanding Pound by giving their dollars. So Egyptian Pound demand will increase and its value will appreciate against US Dollar.

You might be interested in
How does Lincoln honor the battle of Gettysburg in his address? What did the soldiers fight for in his opinion?
Pani-rosa [81]

Answer:

a. He honors the battle in his address using the following words, ''Now we are engaged in a great civil war, testing whether that nation or any nation so conceived and so dedicated, can long endure. We are met on a great battle-field of that war.''

b. In his opinion the soldiers fought for freedom, equality and human rights.

Explanation:

The Gettysburg address was a short speech made by Abraham Lincoln on November 19, 1863 at the official dedication ceremony in Pennsylvania at the site of the battle field after the civil war. It was a declaration of freedom and independence and further cemented the soldiers sacrifice for equality and human rights.

He honored the battles by reiterating that the sacrifice made by the soldiers will not be in vain. This he does by saying that the soldiers themselves whether alive or dead have already consecrated the ground of battle and no further addition or detraction is needed. This meant that the battles itself was proof enough that the nation was ready for independence and justice.

Additionally, he also stated that the soldiers fought for freedom and the government for the people, by the people and of the people. This in other words means that the soldiers fought for democracy, where everyone is equal under the law. That equality and justice is the foundation upon which this newly independent nation has been built.

6 0
3 years ago
Um Corporation has provided the following information concerning its raw materials purchases. The budgeted cost of raw materials
Zepler [3.9K]

Answer:

$171,619.20

Explanation:

Calculation to determine what The budgeted accounts payable balance at the end of November is closest to:

Using this formula

Budgeted accounts payable balance= Budgeted cost of raw materials purchases in November -(Budgeted cost of raw materials purchases in November*Raw materials purchases in the month of purchase percentage)

Let plug in the formula

Budgeted accounts payable balance=$286,032 - ($286,032*40%)

Budgeted accounts payable balance=$286,032 - $114,412.80

Budgeted accounts payable balance= $171,619.20

Therefore The budgeted accounts payable balance at the end of November is closest to:$171,619.20

4 0
3 years ago
Select the correct answer.
Cerrena [4.2K]

Answer:

A.

They ensure that people and businesses can buy what they need.

Explanation:

Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.

In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.

4 0
3 years ago
2. "A company's net income appears directly on the income statement and the owner's equity statement, and it is included indirec
tamaranim1 [39]

Answer:

Yes, I do agree with the statement

Explanation:

The statement which is stating that the company net income  as well as the statement of the owner's equity both are included or shown indirectly in the company balance sheet . As balance sheet is that statement which tells the financial position or performance of the company at a specific time period.

Because the net income is the outcome of income statement and directly shown or stated in the income statement whereas owner's equity is the capital of the business which is shown in the balance sheet. Net income is already included in retained earnings which means shown indirectly in the balance sheet.

8 0
3 years ago
Chuck is concerned with what he considers to be an unfair situation at work. Although he put in 10 hours of overtime last week,
Levart [38]

Answer:

b. Decrease his inputs

Explanation:

The Equity Theory explains the influence that the perception of fair treatment has on the motivation of individuals. Or, from another point of view, in its demotivation.

People tend to compare ourselves to others. With other people's situations, inside and outside work. Thus, we form a perception about what is fair or unfair.

If the result of the comparison is understood as fair, people are more likely to feel motivated. On the contrary, when they perceive that they are treated unfairly, tension and demotivation appear.

In short, when compared to others, people want to be treated fairly for their contributions to the organization. And beliefs regarding what is fair and unfair can affect their motivation, attitudes and, therefore, their behaviors at work.

6 0
3 years ago
Other questions:
  • Ms. lee is enrolled in an ma-pd plan, but will be moving out of the plan's service area next month. she is worried that she will
    6·2 answers
  • What are the two most critical things you should do before you perform a job
    6·1 answer
  • ___________statutes exist to protect, as an example, medical personnel who volunteer their services in emergency situations. -sh
    6·1 answer
  • Elementary school treachery only need a community college or associates degree
    13·1 answer
  • John works as a quality analyst at a technological firm. He wanted to buy a mobile phone for his wife. Though he was abreast of
    14·1 answer
  • The Supplies account for Vulcan Cleaning Services had a debit balance of $200 at the beginning of the month. Additional supplies
    15·1 answer
  • A dometic firm may decide to contract for the production of its goods by established foreign manufacturer. Such pricate-label ma
    13·1 answer
  • Brand auditing
    5·1 answer
  • When david exaggerated his experience on his resume do you think he believed he would be caught? What effect did this belief hav
    9·1 answer
  • MARK YOU THE BRAINLIEST! Explain how production gives form utility to natural resources.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!