Business

27 July, 07:18

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

+4

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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Dewey just won a million-dollar lottery jackpot. one year from now, he is likely to be:

Why are we forced to make choices in day-to-day life? we are forced to make choices in day-to-day life because of resources.

What includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing? a. materials management b. procurement c. logistics d. bullwhip effect

The major portion of the monthly payment is used to pay off the principal. True

Emma is the labor union negotiator. Today she is meeting with management to discuss the new five year contract, including wages and benefits.

New Questions in Business

Shoeleather costs arise when higher inflation rates induce people to:a. spend more time looking for bargains. b. spend less time looking for bargains. c. hold more money. d. hold less money.

Lewis Inc. had the following information taken from various accounts for 2015: Sales Discounts $41,000 Unearned Revenue $32,000 Total Sales $459,000 Purchase Discounts $15,000 Sales Allowances $35,000 Accounts Receivable $205,000 What was Lewis Inc.

True or False: The basic economic theory of supply and demand suggests that when price drops, consumers will buy more and thus generate stronger demand.

If you think carefully about what you're doing, always ask for advice when you need it, and keep asking questions, starting a business can be

16. What size paper should you use for a legal document? A. 3" x 5" B. 8/2" x 11" C. 872" x 14" D. 74" x 1072"