A country that introduces a currency board commits itself to converting its domestic currency on demand into another currency at a ________ rate.

Answers

Answer 1

A country that introduces a currency board commits itself to converting its domestic currency on demand into another currency at a fixed rate.

A currency board is a monetary authority that issues a nation's currency. The main function of the currency board is to maintain a fixed exchange rate between the country's currency and another country's currency. The currency board system helps to lower inflation by forcing strict monetary discipline on a country's government. The country must maintain a fixed exchange rate by backing all its domestic currency with foreign reserves. It must also maintain a balanced budget, as any deficit must be covered by selling foreign reserves. Therefore, the statement "A country that introduces a currency board commits itself to converting its domestic currency on demand into another currency at a fixed rate." is correct. This ensures that the country maintains the fixed exchange rate and also avoids fluctuations in exchange rates.

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Related Questions

Having just one error on a cover letter may Eliminate an application from being considered for employment true or false

Answers

Answer:

True

Explanation:

Cover letter need to be drafted very carefully. A good cover letter comprises of no typos error or mistakes such as incorrectly spelled name of the company, incorrectly mentioned dates, etc.

In case of any such errors, chances of rejection are high at the initial stage only.

Hence, it can be said that even a single error in the cover letter can Eliminate an application from being considered for employment

Thus, the given statement is true

Write a suitable indefinite article before the following words or phrases and write

them again. (Copy the questions)

___heirloom ___astronomer

___ewe ___hotel employee

___honest man ___advocate

___one eyed dog ___awkward moment

___awesome picture ___European tourist

___incompetent employee ___auspicious moment

___humane person ___MLA

___horrible joke ___M. A student​

Answers

Answer:

An heirloom,  An astronomer

A ewe, A hotel employee

An honest man, An advocate

A one-eyed dog, An awkward moment

An awesome picture, A European tourist

An incompetent employee,  An auspicious moment

A humane person,  An MLA

A horrible joke, An M. A student​

Explanation:

'A', 'an' and 'the' are the three articles that are used in English. They are used before nouns to specify them. 'A' and 'an' are indefinite articles and 'the' is the definite article. The indefinite article is used before the nouns which are not known or which are not identified. The definite articles are used before the identified noun. The indefinite article 'a' is used before the nouns that begin with a consonant sound. The indefinite article 'an' is used before the nouns that begin with a vowel sound.

is at work when your store manager thinks your job performance in all areas is poor because you aren’t sure where all the products are shelved. but your customers give you great ratings and your cash register is always balanced.

Answers

Answer: the halo effect

Explanation:

Even when economic indicators show that the economy is down, small businesses often thrive. Think of a small business in your community that would do well, even if people did not have a lot of extra money to spend, and explain the advantages it has over larger businesses.

Answers

Answer:

A drug store is a type of business that is likely to do well even in an economic recession.

This is because drug stores sell an essential good, that often has a high price, and that is needed by many people, specially those who suffer from chronic diseases.

In other words, people will likely reduce their consumption of many other goods before reducing their consumption of prescription drugs.

bbers corporation overstated its ending inventory balance by $15,000 in the current year. what impact will this error have on cost of goods sold and gross profit in the current year and following year?

Answers

The COGS would appear to be lower than it actually is if closing inventory in the current year were overstated.

What is Ending Inventory?

Ending inventory refers to the quantity of inventory a business has on hand at the conclusion of its fiscal year. On the income statement, you'll see the cost of goods sold, which is used to figure up gross profit. The income statement's gross profit, which is determined by deducting COGS from net sales revenue, is directly impacted by this. The amount of income tax the corporation must pay for the period is consequently influenced by ending inventory valuation. Since net income is directly correlated to cost of goods sold, understating ending inventory will result in an overestimation of net income.

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according to the hersey and blanchard leadership model, when low to moderate follower readiness exists, the leader should use a by offering directions and explanation. (True/False)

Answers

The Blanchard and Hersey leadership model states that a leader must use a by giving instructions and explanations when there is low to moderate following readiness. It is real.

What does the Blanchard and Hersey leadership paradigm entail exactly?

There isn't a better style of leadership than another. The idea encourages leaders to focus less on workplace challenges and more on the people they manage and their skills. The paradigm holds that good leadership applies to both people and tasks.

How much importance does follower readiness have?

Recognizing the degree of preparation for followers is an essential part of leadership or mission. An effective leader must assist followers or teammates in obtaining the knowledge and abilities they require to achieve at their highest level.

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what are the tactics used by workers to reclaim control of the conditions of their labor called? a. resistance strategies b. service work c. knowledge work d. collective bargaining

Answers

The tactics used by workers to reclaim control of the conditions of their labor are called resistance strategies. Option A.

A way for workers to express their dissatisfaction with working conditions and seek to regain control of them. Personal resistance consists of using work time to surf the Internet, sabotage assembly lines, and personalize your workspace with photos. Human workers can resist and subvert bureaucratic constraints that limit autonomy.

Businesses often outsource to reduce costs increase efficiency and increase speed. An organization that chooses to outsource relies on the third party's provider's expertise in performing outsourced tasks to obtain such benefits. Management writers such as Fritz Machlup and Peter Drucker first came up with the term knowledge workers in the late 1950s and early 1960s.

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Which of the following is true of the periodic inventory method but not the
perpetual method?
A. A physical inventory count is only done to address an error.
B. The Inventory account is adjusted at the end of the accounting
period.
C. The Inventory account balance changes constantly due to debits
and credits.
D. The Inventory account is credited for the cost of the items sold.

Answers

not sure :( sorry ! But maybe it’s C

The Inventory account balance changes constantly due to debits and credits the following is true of the periodic inventory method but not the perpetual method. The correct option is C.

Who uses a perpetual inventory system?

The perpetual inventory accounting method, for example, is commonly used in grocery stores. This method is not required for a field service company that sells very few items of stockpile on a monthly basis and generates the majority of its revenue from services.

The periodic inventory system measures inventory levels and the cost of goods sold with an occasional physical count. The perpetual system continuously monitors inventory balances, with updates occurring automatically whenever an order is shipped or sold.

Thus, the ideal selection is option C.

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Which of the following elements of PDCA matches up with the statement "You implement your corrective action to solve the problem? O A Plan Tim O B. Do 11 O C. Check O D. Act

Answers

the following elements of PDCA matches up with the statement "You implement your corrective action to solve the problem: Act. The correct option is D.

The PDCA cycle is a continuous improvement process used in various industries and business processes. It involves the following steps:

A. Plan: Identify the problem, gather information, and develop a strategy to address the issue.


B. Do: Implement the planned actions and carry out the tasks to solve the problem.


C. Check: Monitor the results and compare them with the desired outcome, identifying any discrepancies and evaluating the effectiveness of the actions taken.


D. Act: If necessary, implement corrective actions to address the issue and improve the process, before starting the cycle again.

In this case, the statement in question relates to the Act phase of the cycle, where corrective actions are put into place to resolve the identified problem. It emphasizes the importance of implementing necessary to achieve the desired outcomes, ensuring continuous improvement and learning within the organization. The correct option is D.

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Complete question:

Which of the following elements of PDCA matches up with the statement "You implement your corrective action to solve the problem?

A Plan Tim  

B. Do 11  

C. Check  

D. Act

Each of the following documents is a control for a bank account except. A. geographic location of ATMs. B. bank statement. C. bank reconciliation.

Answers

Apart for the geographic location of ATMs, each of the following papers serves as a controller for a bank account. The best choice is A.

In BCom, what is accounting?

The three-year Bachelor of Commerce with Accounting degree, sometimes known as BCom Accounting, focuses on auditing and accounting. Class 10+2 completion from a recognized educational board with a minimum grade of 45% is required for admission to the BCom Accounting program.

Why do you use the word account?

A log of debit or credit notes to cover events involving a specific thing (such as cash or accrued liabilities) or a specific person or company is known as an account. a fiscal period's transaction statement that displays the final balance

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The Complete Question :

Each of the following documents is a control for bank account except:

A. Geographic location of ATMs

B. Bank statement

C. Bank reconciliation

D. Signature card

how to figure out if a comapny is a monopoly an oligopoly monopolistically competitve or perfectly competitive

Answers

In a monopolistic market, there is only one company that has complete market dominance and sets the prices and levels of supply for goods and services whereas a perfectly competitive market is made up of numerous firms.

Companies are price makers in a monopolistic market because they set the prices for goods and services. Prices for goods and services are typically high in this type of market because businesses enjoy complete market dominance.

Buyers are aware of the nature of the goods being offered and the prices each firm charges, and the industry is characterized by freedom of entry and departure. In a completely competitive market, all firms sell the same product and are price takers.

The market is dominated by a small number of large suppliers in an oligopoly. Other less significant suppliers with a minor fraction of the oligopoly market share are possible. Oligopoly may stock, produce, or differentiate identical or similar goods.

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which of the following statements is true of the base of the pyramid environments?business disputes are resolved in courts.the nearly-absent corruption levels encourage progress.they feature harsh climates including excessive heat.business registration is usually done promptly.

Answers

As per the mentioned statements, none of the statements is entirely true of the base of the pyramid environments.

Business disputes may not always be resolved in courts, as informal systems of justice may be more common in some areas.

Corruption levels can vary widely in these environments and may not necessarily be "nearly-absent".

Harsh climates, including excessive heat, can be a common feature of these environments, but it is not universal.

Business registration can often be a challenging and time-consuming process in these environments.

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Saddleback company paid off $46,000 of its accounts payable in cash. what would be the effects of this transaction on the accounting equation?

Answers

The effects of the transaction on the accounting equation is decrease in both assets and liabilities

What is accounting equation?


The accounting equation shows that the total assets of a company is the sum of its equity and liabilities

assets=equity+ liabilities

By paying off $46,000 of its accounts payable in cash, the company's cash reduces, which means reduces by $1,000 and its liabilities would also go down by the same amount of $1,000

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What is possibly the biggest reward of becoming an entrepreneur? *
a. empowerment
b. fame
c. money
d. none of the above

Answers

Answer:

c.

Explanation:

because it is busineas

The government claimed that, to illegally control the market, Microsoft used

a. predatory pricing and mergers.
b. predatory pricing and buying out competitors.
c. predatory pricing and forming a cartel.
d. predatory pricing and requiring customers to buy other products.

Answers

Answer:

B. Predatory pricing and buying out competitors

an online survey or _____?​

Answers

Answer:

Study

Explanation:

plz help :)


What is one type of closed-end credit? A. a credit card B. a retail credit card C. an installment cash credit D. a bank line of credit

plz help :)What is one type of closed-end credit? A. a credit card B. a retail credit card C. an installment

Answers

Answer:

C.

Explanation:

Took the test :)

(This class is called life management)

A basic decision that you make every day about every day things are known as:

A) Major Decisions
B) Routine Decisions
C) Classic Decisions
D) Life altering decisions

Answers

Answer:

B is answers for the question

Explanation:

please give me brainlest and follow me

What example was used in the lesson as why this was a reasonable expansion of the interpretation of the commerce clause?.

Answers

It enables the government to guarantee economic stability. As an illustration of why this was a fair enlargement of the understanding of the commerce clause the lesson used.

The Commerce Clause has been frequently invoked by Congress as justification for exerting legislative control over the actions of states and their residents, sparking intense and ongoing debate about the distribution of power between the federal government and the states.

Congress is given the power to "regulate Commerce with foreign Nations, among the several States, and with Indian Tribes" under the commerce clause of the U.S. Constitution (Article I, Section 8). The primary doctrinal foundation for Congress's regulatory authority over the American economy has been the commerce clause.

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How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

true or false? a market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.

Answers

A market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.

The above statement is true

What do you mean by market-share pricing objective?

Sales-oriented pricing goals try to increase sales or market share. A volume growth is assessed in relation to a company's own sales across particular time frames. A company's market share compares its revenues to those of other businesses in the same sector.For every business, the goal of pricing is to establish a price that is fair to both consumers and the producer in order for both to thrive in the market.The goal of a marketing plan is to have a clear path to follow in order to acquire new clients, improve connections with existing clients and consumers, boost sales, increase retention, and raise brand awareness.

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Drag each tile to the correct box
determine the type of risk each investment is likely to incur
business risk
call risk
liquidity risk
taxability risk
lee purchased municipal bonds
issued by a government entity.
valerie bought bonds that include
a feature to pay the bonds back
earlier than the maturity date.
brian used most of his savings to
purchase the stock of a big
company
aj invested all of his savings in
a rental home.

Answers

The kind of risk that the given investments might incur are:

Lee purchased municipal bonds issued by a government entity - Liquidity risk. Valerie bought bonds that include a feature to pay the bonds back earlier than the maturity date - Call risk. Brian used most of his savings to purchase the stock of a big company - Business risk. Aj invested all of his savings in a rental home - Taxability risk.

Which risks do these investments face?

Municipal bonds are usually illiquid which means that buying them comes with liquidity risk. Buying stock comes with business risk because the stock might lose value if the company performs poorly.

Call risk occurs when the issuer of a bond can pay back the bond before it matures.

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Answer:

C. B. A. D.

expiation:

in that order

Marlene routinely volunteers to organize the company holiday party and summer picnic. marlene demonstrates a high level of:_________

Answers

Marlene routinely volunteers to organize the company holiday party and summer picnic. marlene demonstrates a high level of  job performance.

What is a company holiday?

Holidays officially defined by the government are those that are recognized and honored by businesses in India.

                          On holidays observed by the company, workers are granted paid time off. In the event that vital work demands attendance on a holiday, staff members are granted an alternate day off or overtime pay.

What guidelines govern holidays in private businesses?

The entitlement to paid public holidays, as well as other leaves like privilege, sick, and casual leaves, is granted to employees.

                              Employees are granted 12 days of yearly leave for every 240 days of employment. Every 20 days, an adult employee is allowed to take one earned leave, compared to 15 days for a minor employee.

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What would be the net present value of a microwave oven that costs $159 and will save you $68 a year in time and food away from home

Answers

Answer:

159 - 68 = 91

Explanation:

What would be the net present value of a microwave oven that costs $159 and will save you $68 a year

use the table and proivded and explain the law of diminshing returns

plz help asap ​

 use the table and proivded and explain the law of diminshing returnsplz help asap

Answers

Answer:

The law of diminishing returns states that at some point, the amount of additional output per amount of additional input decreases more and more as more inputs are used. In other words, at some point the marginal product will continuously decrease with more labor (input).

This is reflected in the table, where marginal product decreases past 2 units of labor. At 2 units, the marginal product is 14. This reduces to 6 at 3 units, and further to 2 with 12 units of labor.

Explanation:

what is definition of logistics

Answers

Logistics describes the process of coordinating and moving resources (people, materials, inventory, equipment) from one location to a desired destination storage location.

The term logistics comes from the military and refers to the movement of equipment and supplies to troops within the field. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services and related information from origin to point of consumption according to customer needs. Logistics management is the component that holds the supply chain together. Logistically managed resources include tangible goods such as materials, equipment and consumables, as well as food and other consumables.

In addition to the actual troop transport, military logistics includes maintaining the army's supply of food, weapons, ammunition, and spare parts. Private logistics, on the other hand, deals with the procurement, movement and storage of raw materials, semi-finished products and finished products. Organizations that provide services such as garbage collection, mail delivery, utilities, and customer service also have to deal with logistical issues.

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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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​(Present value of an​ annuity) Determine the present value of
an ordinary annuity of ​$2,500 per year for 19 ​years, assuming it
earns 9 percent. Assume that the first cash flow from the annu

Answers

The present value of an ordinary annuity of ​$2,500 per year for 19 ​years $37,282.14.

The present value of an annuity is commonly used to calculate the current value of a future stream of payments. In this case, we are looking to calculate the present value of an ordinary annuity of $2,500 per year for 19 years, assuming it earns 9 percent.

To calculate this, we must use the formula for Present Value of an Ordinary Annuity (PVA), which takes into account the present value of each payment made at the end of each period, discounted by the stated interest rate.

In this case, each period is one year, the number of periods (n) is 19, and the stated interest rate (r) is 9 percent. Plugging into the formula, we arrive at a present value of this annuity of $37,287.34. This is the amount of money that the recipient would need to invest today in order to receive the benefit of the $2,500 payments at the end of each year for 19 years.

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After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the.

Answers

After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the adjusted trial balance.

What is an Adjusted Trial Balance?An adjusted trial balance is an accounting report that lists the account balances after the adjusting entries are recorded and posted to the accounts in the general ledger. The adjusted trial balance is used to confirm the equality of the debit and credit balances after adjusting entries are made. It's also a valuable tool for creating financial statements.To check whether all debits equal credits after adjusting entries have been entered, an adjusted trial balance is created. If the debits equal credits, the trial balance can be used to create financial statements such as income statements, balance sheets, and cash flow statements. If the trial balance does not balance, there are errors in the accounting records that must be identified and corrected.The adjusted trial balance is the basis for the financial statements that will be generated.

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development of regulatory mechanism in banking​

Answers

Answer:

The development of regulatory mechanisms in the banking industry has been an ongoing process to ensure the stability and integrity of the financial system.

Explanation:

This includes the implementation of rules and guidelines for banks to follow, as well as the establishment of independent agencies to monitor and enforce compliance. Some examples of regulatory mechanisms in banking include the Basel Accords, which set international standards for bank capital and liquidity, and the Dodd-Frank Wall Street Reform and Consumer Protection Act, which introduced stricter regulations on banks in the wake of the 2008 financial crisis. The goal of these regulatory mechanisms is to protect consumers and investors, prevent financial fraud and abuse, and maintain the overall stability of the banking system.

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The gas tank of Dave car has a capacity of 12 gallons. The tank was 3/8 full before Dave filled it to capacity. It cost him $2.50 per gallon of gas . How much did Dave spend , in dollars, to fill the tank to capacity? globalization has had a positive impact around the world, but its effects are unevenly distributed. Which of the following is an example of this uneven distribution?A. Automation has eliminated the need for many low skill factory jobsB. Genetically modified foods have increased, global nutrition levelsC. Poverty levels in low development nations are significantly different from poverty in middle or high development countriesD. The international monetary fund provides 50 year old loans to countries struggling with development. which term describes the ability of a material to retain its magnetism after being removed from the magnetizing influence? Observe: Scandium is the first element to contain electrons in the d subshell. How many orbitals does the d subshell have, and how many electrons can fit in the d subshell? Which type of historical text typically is a collection of articles or essays with a common theme?A. anthologyB. historical novelC. monographD. textbook In the early 20th century, automobiles were made one at a time by craftsmen who could perform every operation necessary to build the car. Henry Ford decided to limit the number of tasks each worker performed so each person could become expert in his position. With this practice, Ford introduced:A. departmentalization.B. work specialization.C. centralization.D. formalization. What constitutes and sustains a community? which of the following is true? a hiatal hernia protrudes through the inguinal canal. hiatal hernia symptoms usually develop early in the disease. hiatal hernias are strongly associated with colon cancer. patients with a hiatal hernia can be asymptomatic. 15. Chapter MC, Section .07, Problem 031 Reynolds Construction's value of operations is $750 million based on the free cash flow valuation model. Its balance sheet shows $50 million of short-term Investments that are unrelated to operations, $100 million of accounts payable, $100 million of notes payable, $200 million of long-term debt, $40 million of common stock (par plus paid-in-capital), and $160 million of retained earnings. What is the best estimate for the firm's value of equity, in millions? a. $525 b. $500. c. $451 d. $475 e. $429 for groups with pooled task interdependence, the amount of work to be accomplished should be the primary factor in determining the appropriate . Problem 1 (a) Use the bisection method to solve the equation x3 x-1= 0 on the interval [0, 2]. Take three steps only and record the final interval. Use [0,2) as your initial interval. 1 (b) Does the equation cos(3x) = x have a solution on [0,1/3]? Apply the hypotheses of the Intermediate Value Theorem to show that there is a solution in [0,1/3]. Problem 2 (a) Evaluate the following limit. Show the steps and the limit laws used. sinx cosx lim 2 +0 (3 - x) ** (b) Suppose the inequality S1-cosxs is valid for x values close to zero. Show how this inequality can be used to evaluate the following limit. State any theorem that you use. 1 - COS X lim x2 Problem 3 (a) Let f(x) = V2 - x. Use the formal definition of derivative to find f'(x). (b) Find the equation of the line tangent to the graph of f(x) at x-2. (c) Graph both the function and the tangent line on the same coordinate system 2 24 X-70 which of the following best describes transmission or discussion via email and/or text messaging of identifiable patient information? WILL GIVE BRAINLIESTFor what value of k will the relation R= {(2k+1, 3), (3k-2, -6)} not be a function? Explica,el significado de la expresin:siempre van a surgir interpretaciones equivocadas ms o menos felices if a company plans to continue business into the future, closing entries are not required. group of answer choices true false select each step to complete a proof by contrapositive of the theorem below. theorem: for every real number x, if -3x - 8 is irrational, then x is irr 11)". It is a general law of nature that no organic being fertilizesitself. "What is the connotation of this statement?A) You can't make a baby by yourself. B) Plants need lots of fertilizer to grow. C) Laws need to be enforced to preserve nature. D) Plants must have fertilizer added by a human. A fifty gram block of ice with an initial temperature of 25C is warmed continually in a sealed container until it becomes fifty grams of water vapor at 125C. Which of the following transitions requires absorption of the greatest amount of heat energy?Group of answer choiceswarming up the water vapor from 100C to 125Cwarming up the water from 0C to 100Cboiling the water at its boiling pointwarming up the ice from 25C to 0C melting the ice at its melting point What is the definition of dhow Give the characterisations for finito, ineinte, denumwable, cos weak then show that 22 is denumerable