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
quester [9]
3 years ago
7

Thomas Is a financial advisor to a committee seeking to revive the value of the national currency, which has grown weak. He has

to suggest a
point on which the nation should focus in order to strengthen Its currency. Which trade element should Thomas suggest as a focus?
Thomas should suggest that the nation focus on ______
Business
1 answer:
harina [27]3 years ago
4 0

Answer:

exports of their country

Explanation:

From the question we are informed about Thomas who Is a financial advisor to a committee seeking to revive the value of the national currency, which has grown weak. He has to suggest a

point on which the nation should focus in order to strengthen Its currency. In this case the trade element should Thomas suggest as a focus is that

the nation focus on exports of their country. Whenever a country increases her export, there will be rise in demand for local currency and this will strengthen the local currency power.

You might be interested in
Taxpayer L has income of $55,000 from Norway, which imposes a 40 percent income tax, and income of $45,000 from France, which im
saveliy_v [14]

Answer:

The amount of the foreign tax credit is $52,500

Explanation:

Given:

Income from Norway = $55,000

Income tax in Norway = 40%

Income from France = $45,000

Income tax in France = 30%

Taxable income from U.S. sources = $200,000

U.S. tax liability = $105,000

Tax paid in Norway = $55,000 × 40% = $22,000

Tax paid in France = $45,000 × 30% = $13,500

Foreign tax credit = (Net foreign income ÷ U.S. taxable income) × U.S. tax liability

= ($100,000 ÷ $200,000) × $105,000

= $52,500

3 0
3 years ago
How are prices determined in a free market economy​
professor190 [17]
If it’s free then I don’t think they need to determine the price bc it’s free
5 0
3 years ago
Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1
Leona [35]

Answer:

idk

Explanation:

7 0
3 years ago
Cindy invests $3000 in a bond trust that pays 8% interest compounded semiannually. Her friend, Jimmy, invests $3000 in a certifi
Elanso [62]

Answer:

Cindy has more amount than Jimmy.

Explanation:

Amount invested by Cindy P = $3000

Annual rate of interest = 8%

As the amount is compounded semiannually

So rate of interest =\frac{8}{2}=4% %

Time = 20 year

So time period n = 20×2 = 40

So amount own by Cindy A=P(1+\frac{r}{100})^n

A=3000(1+\frac{4}{100})^{40}=14403.06 $

Amount deposit by jimmy P = $3000

Annual rate of interest = 7.75 %

As the amount is compounded monthly

So rate of interest r=\frac{7.75}{12}=0.322 %

Time period = 20×12 = 240

So amount own by Jimmy A=P(1+\frac{r}{100})^n

A=3000(1+\frac{0.322}{100})^{240}=6503.650 $

From the calculation we can see that Cindy has more amount than Jimmy.

4 0
3 years ago
The slope of the investment demand function indicates how sensitive investment is to changes in real interest rates. The 'steepe
Alex17521 [72]

The correct answer is false.

It is false that the slope of the investment demand function indicates how sensitive investment is to changes in real interest rates. The 'steeper' the investment demand function, the less sensitive investment is to changes in the real rate of interest, all else constant.

We can say that the downward slope is the consequence of several reasons. For instance, the concept that money, its nominal value, is fixed. However, the real value of money depends on the level of prices. So the demand for money is related to the demand for it. The interest rate falls when the price level falls.

7 0
3 years ago
Other questions:
  • In the market for gasoline, if the change in demand due to the start of the summer driving season is greater than the change in
    6·1 answer
  • Jose wants to upgrade his look before a job interview. A friend tells him about a men's clothing line that allows potential cust
    12·1 answer
  • The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($1,050),
    11·1 answer
  • Glover Corporation issued $2,000,000 of 7.5%, 6-year bonds dated March 1, with semiannual interest payments on September 1 and M
    12·1 answer
  • Presented below is net asset information related to the Marin Division of Santana, Inc.MARIN DIVISIONNET ASSETSAS OF DECEMBER 31
    12·1 answer
  • Following are account balances (in millions of dollars) from a recent FedEx annual report, followed by several typical transacti
    14·1 answer
  • you are planning to open a sandwich shop. you begin to think about the four functions of business—production, marketing, managem
    13·1 answer
  • Define credit default swap. ​
    15·1 answer
  • If you get into a car accident, your _______________ may increase because you will be considered riskier for insurance companies
    13·2 answers
  • in many large u.s. cities, taxicabs operate as near monopolies because of: patents. licenses. economies of scale. control of ess
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!