Answer:
A fixed exchange rate is a regime applied by a government or central bank ties the country's currency official exchange rate to another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band.
Explanation:
In 2018, according to BBC News, Iran set a fixed exchange rate of 42,000 rials to the dollar, after losing 8% against the dollar in a single day. The government decided to remove the discrepancy between the rate traders used—60,000 rials—and the official rate, which at the time was 37,000.
The choice of <u>dedicating all the available resources to the production of only bagels</u> presents the lowest opportunity cost.
The expected profit per unit is the only data provided about the production process in the pastry shop. Therefore, those the two figures provided already contain information about the production costs of donuts and bagels, the market prices and the sold quantities, in order to deduce the profit that each product would generate.
In this situation, as the bagels make a higher profit per unit, the best option for the company would be chosing to dedicate all its resources to the production of bagels, because if not, when selling a donut the opportunity cost per unit of product would be 0.25, plus the things that the company will not be able to purchase that would have been possible if they had those extra 0.25 per unit.
I believe the answer is: <span>purchasing days determined by license plate numbers
At that time, the Gasoline reserve was in an extremely high demand while its production was still extremely limited.
To handle this, the government divide the purchasing right based on the end number of license plate. (odd numbers could buy at day X while even numbers could buy it at day Z) </span>
A. Parliament passed the Tea Act of 1773 to save the British East India Companyfrom going under. This act gave the East India Company a favorable advantage over colonial merchants because it was able to ship its extra tea to the colonies without paying most of the tea taxes.
Answer: The geography of Ancient Egypt was very unique and allowed Egypt to become a very successful civilization. Egypt's geography contributed all aspects of Ancient Egyptians lives such as the Nile River being their source of food, water, and transportation and the desert offering natural protection.
Explanation:
