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
velikii [3]
2 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]2 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

You might be interested in
Blight Financial has an investment in bonds issued by Searing Industries that are classified as trading securities. At December
Paul [167]

Answer:

b. Credit to Fair value adjustment for $5,000

Explanation:

Particulars                                Amount

Beginning balance of fair value adjustment   $20,000

Less: Unrealized gain on Dec 31, year 3         <u>$15,000</u>  ($515,000-$500,000)

Credit to Fair value adjustment                      <u>$5,000</u>

So, Credit to Fair value adjustment for $5,000 will be included in the related journal entry dated December 31, Year 3.

7 0
3 years ago
Verma, Inc. sells office furniture. In 2021, it sold 200 desks for $500 each. For each desk sold, Verma distributed a 50% discou
Effectus [21]

Answer:

$12

Explanation:

The standalone price is the price at which the seller (Verma) would sell its products or services (discount coupon) separately to other customers.

to determine the standalone price of the discount coupon we must multiply the change in discount by the expected use of the coupons:

  • change in discount = $150 x (50% - 10%)  = $150 x 40% = $60
  • expected use = 20%

= $60 x 20% = $12

3 0
3 years ago
Luthan Company uses a plantwide predetermined overhead rate of $22.20 per direct labor-hour. This predetermined rate was based o
nalin [4]

Answer:

The amount of manufacturing overhead cost that would have been applied to all jobs during the period is $279,720

Explanation:

The computation of the amount of manufacturing overhead is shown below:

= Predetermined overhead rate per direct labor-hour × total direct labor-hours

= $22.20 × 12,600 direct labors

= $279,720

Since the predetermined overhead rate is already given in the question, so there is no need to recalculate it and the other items which are mentioned are not relevant for the computation part. Hence, ignored it

6 0
3 years ago
Danny recently started revising his résumé after his managers failed to give him a pay raise that he felt would rightly compensa
Alekssandra [29.7K]

Answer: (E) Distributive Justice

Explanation:

 The distributive Justice is one of the type of concept that helps in illustrating the concept of distribution or allocation of the various type of goods and the services at equal amount in an organization.

 The importance of the distributive justice is to provide the equal and fair right among each employee in an organization so that the employees or any member of the company does not feel any type of discrimination.

According to the given question, Danny faced a pay discrimination in his company that hiss manager increase their workload but the salary is remain the same. So, his resentment is basically reflect the lack of distributive justice in an organization which is related to his pay.    

 Therefore, Option (E) is correct answer.

4 0
3 years ago
Which of the following is a risk of investing in a privately held company, instead of a publicly held company?
kolezko [41]

Private companies are not controlled b y the government and therefore there is a risk of shutting down as well, but Public companies are government owned companies

5 0
3 years ago
Read 2 more answers
Other questions:
  • 1. The 1924 name change from The Computing, Tabulating, and Recording Company to the International Business Machines was done in
    9·1 answer
  • Which of the following includes ideas, innovation, and risk-taking?. . Capital. . Entrepreneurship. . Labor. . Land
    9·1 answer
  • Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $283,215, would have a useful life of 7 ye
    8·1 answer
  • Which 3 statements regarding Bank Rules are true? (Select all that apply)
    11·1 answer
  • Staff-level briefings are conducted by the supervisor to introduce co-workers, clarify tasks, define the scope of work, describe
    10·1 answer
  • Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit cont
    11·1 answer
  • The member countries of BERPHO, a regional free trade area wanted to adopt a common currency, the "BERPH." The "BERPH" was model
    6·1 answer
  • On November 1, 2015, Lendem, Inc. loaned an employee $100,000 at 6% with both the interest and principal due in one year. The ad
    12·1 answer
  • Sandra wants to deposit $100 each year for her son. if she places it in an investment account that averages a 5% annual return,
    10·1 answer
  • Below is the simple process model. What development activity would you choose to add first to this process and why?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!