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velikii [3]
3 years ago
7

A conventional peg refers to. Multiple Choice where the exchange rate remains within a narrow margin of 2 percent relative to a

statistically identified trend for six months or more, and the exchange rate arrangement cannot be considered as floating. where the exchange rate is largely market determined without an ascertainable or predictable path for the rate. involves the confirmation of the country authorities’ de jure exchange rate arrangement. when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.
Business
1 answer:
Trava [24]3 years ago
3 0

A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.

for better understanding lets explain what conventional peg means

  • conventional peg as related to when country formally (de jure) pinpoint their own currency at a fixed rate to the currency of another said country example is, from the currencies of major trading or financial partners and weights showing on the distribution of trade in different geographical zones
  • The known backbone or anchor currency or basket weights are public or notified to the IMF and a country authorities are able to maintain the fixed parity through direct intervention

From the above, we can therefore say that the answer A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows is correct.

learn more about exchange rates from:

brainly.com/question/21384395

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Answer:

Explanation:

The journal entry is shown below:

On December 31,2016

Salary Expense A/c Dr $3,960 ($1,320 × 3 days )

      To Salary Payable A/c     $3,960

(Being adjusted salary is recorded)

On January 2

Salary Expense A/c Dr  $2,640  ($1,320 × 2 days )

Salary Payable A/c       $3,960  ($1,320 × 3 days)

       To Cash A/c                          $6,600            

(Being cash is paid)

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4 years ago
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8 0
4 years ago
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Solve the exponential equation by taking the logarithm on both sides. 5^(x+8)=7
rodikova [14]
<h2>Answer:</h2>

x = (log₅7) - 8

<h2>Explanation:</h2>

<em>Given;</em>

5^{x+8} = 7

<em>Take log of both sides;</em>

log₁₀(5^{x+8}) = log₁₀7               -------------(ii)

<em>From the laws of logarithm remember that;</em>

logₐ xⁿ = n logₐ x

<em>Equation (ii) can then be written as;</em>

(x + 8)log₁₀5 = log₁₀7

<em>Divide both sides by log₁₀5</em>

(x + 8) = \frac{log_{10}7}{log_{10}5}                -----------(iii)

<em>From the laws of logarithm, remember that;</em>

\frac{log_{a}x}{log_{a}y} = log_yx

<em>Equation (iii) can thus be written as;</em>

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7 0
3 years ago
Maverick law office currently orders ink refills 120 units at a time. The firm estimates that carrying cost is 40% of the $10 un
dmitriy555 [2]

Answer:

Economic order quantity (EOQ)= 49 units

Explanation:

Giving the following information:

Demand= 480 units per year

Order cost= $10

Holding cost= 10*0.4= $4

<u>Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.</u>

Economic order quantity (EOQ)= √[(2*D*S)/H]

D= Demand in units

S= Order cost

H= Holding cost

Economic order quantity (EOQ)= √[(2*480*10) / 4]

Economic order quantity (EOQ)= √(2,400)

Economic order quantity (EOQ)= 49 units

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egoroff_w [7]

Answer:

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Explanation:

In the given question the correct choice was missing. so, the correct choice can be defined as follows:

This is a signed contract guaranteeing a monthly payment to just the individual or consumer in question like,  Inspections, money orders, and promissory notes are typical examples of negotiable instruments, in which its holder is the instrument only for the transferor, and the wrong choice can be defined as follows:

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