Business

Andreas Winters

29 August, 09:12

1. The flexible exchange-rate system is

A) a currency system in which governments try to keep the values of their currencies constant against one another

B) a currency system that allows the exchange rate to be determined by supply and demand

C) the result of a nation importing more than it exports

D) the method banks and other financial institutions use to calculate depreciation on trade deficits

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “1. The flexible exchange-rate system is A) a currency system in which governments try to keep the values of their currencies constant ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

You are considering two independent projects with the same discount rate of 11 percent. Project A costs $284,700 and has cash flows of $75,900, $106,400, and $159,800 for Years 1 to 3, respectively.

Walter Enterprises expects its September sales to be 20% higher than its August sales of $150,000. Purchases were $100,000 in August and are expected to be $120,000 in September.

The Acme Widget Company has found that if widgets are priced at s 389, then 1000 will be sold. They have also found that for every increase of $ 10, there will be 600 fewer widgets sold. The marginal cost of widgets is $ 97.25.

Amanda invests a sum of money in a retirement account with a fixed annual interest rate of 7% compounded continuously. After 19 years, the balance reaches $31,446.94. What was the amount of the initial investment?

How was big business regarded by the harding, coolidge, and hoover administrations? as something that had a responsibility to all the people as the basis for tax revenue as america's most important strength as something to be regulated?

New Questions in Business

Which financial decision is this: Radford is a small company that manufactures automobile bearings. Managers at the company must make decisions on the kind and the cost of equipment to buy.

LinkedIn is an example of a (n). app?

If the market equilibrium wage for entry-level fast-food workers is $10 an hour, while the minimum wage is $8, what impact does the minimum wage have in this industry? a. The minimum wage motivates more fast-food workers to seek jobs. b.

Early in your first term as President of the United States you faced an economy in the beginnings of a recession. Which of the following would represent an example of a fiscal policy you might suggest to deal with this situation? A.

Sarasota Company has a factory machine with a book value of $86,300 and a remaining useful life of 7 years. It can be sold for $33,500. A new machine is available at a cost of $359,000.