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Katen [24]
2 years ago
6

What is the United States currency linked to?

Business
2 answers:
ElenaW [278]2 years ago
7 0
The U.S. dollar is fiat money, as are the euro and many other major world currencies. This approach differs from money whose value is underpinned by some physical good such as gold or silver, called commodity money. The United States, for example, used a gold standard for most of the late 19th and early 20th century
alexandr402 [8]2 years ago
7 0
  • The first U.S. dollar was printed in 1914 after the Federal Reserve Bank was created. The Allies paid the U.S. for supplies in gold during World War I, propelling the U.S. to become the largest holder of gold. Countries pegged their currencies to the dollar after the war, ending the gold standard.

#VerifiedAnswer

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Greg has developed an automobile engine that runs efficiently for up to three hours on a single russet potato. His friends have
natulia [17]

Answer:

Correct option is (a)

Explanation:

For any venture to be successful, it starts with a vision or idea. In this case, Greg is confident that he will be able to convince US Car manufacturers to purchase his fuel efficient car even though his friends were doubtful if his product will be accepted by car manufacturers.

He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.

It can be inferred that Greg has both vision and confidence

4 0
3 years ago
Read 2 more answers
Which situation is better for saving money in a CD (certificate of deposit): the purchasing a car or for use in an emergency? Ex
erica [24]

Answer:

Emergency

Explanation:

Always have extra money for problems that arise.

4 0
3 years ago
Beginning inventory, purchases and sales data for tennis rackets are as follows:
IRISSAK [1]

Answer:

Cost of goods sold = $836

Ending inventory = $315

Explanation:

a) Data and Calculations:

Date     Description    Units  Unit Price  Balance

Apr. 1    Inventory         12         $45       $540

Apr. 11  Purchase          13         $47       $1,151 ($540 + 13 * $47)

Apr. 14 Sale                 (18)      $100        $315 ($7 * $45)

Sales revenue = $1,800 ($100 * 18)

Cost of goods sold = $836 ($47 * 13 + $45 * 5)

Ending inventory = $315  ($7 * $45)

b) Under the LIFO (Last in, First out) inventory valuation method, it is assumed that goods that were purchased closest to the selling date were the ones to be sold while those purchased earlier remain in inventory.

4 0
2 years ago
Manufacturing overhead applied on the basis of direct labor-hours was $120,000, while actual manufacturing overhead incurred was
e-lub [12.9K]

Answer:

D) Overhead was underapplied by $4,000.

Explanation:

Overhead is underapplied when the actual balance in the manufacturing overhead control account is larger than the balance in the applied manufacturing overhead account.

In this case, the balance of the manufacturing overhead control is $124,000 while the balance of the applied manufacturing overhead account is $120,000. This means that actual overhead costs were $4,000 higher than budgeted.

4 0
3 years ago
Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised or
Gnoma [55]

Answer:

Explanation:

A Supervised learning allows you to collect data or produce a data output from the previous experience while an unsupervised learning  you do not need to supervise the model.

A.  Deciding whether to issue a loan to an applicant based on demographic and financial data (with reference to a database of similar data on prior customers). - Supervised learning

B.  In an online bookstore, making recommendations to customers concerning additional items to buy based on the buying patterns in prior transactions. - Unsupervised learning

c. Identifying a network data packet as dangerous (virus, hacker attack) based on comparison to other packets whose threat status is known - Supervised learning  

d. Identifying segments of similar customers. - Unsupervised learning

e. Predicting whether a company will go bankrupt based on comparing its financial data to those of similar bankrupt and nonbankrupt firms. - Supervised learning

f. Estimating the repair time required for an aircraft based on a trouble ticket. - supervised learning

g. Automated sorting of mail by zip code scanning. - Supervised learning

H. Printing of custom discount coupons at the conclusion of a grocery store checkout based on what you just bought and what others have bought previously - Unsupervised learning

5 0
3 years ago
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