Why do exchange rates for currency exist

A. To be confusing to travelers.
B. Because every currency is backed by gold or silver.
C. People have a demand for other currencies.
D. It is mandated by the United Nations.

Answers

Answer 1

Answer:

C. People have a demand for other currencies.

Explanation:

Answer 2
The is going to be C

Related Questions

Why is it important to show your application essay to members of your support group or family before you turn it in?
A. because they might offer to write the final draft of the essay for you

B. because your relatives will remember things about your childhood that you have forgotten

C. because you want to impress them with what you've written about yourself


D.because some of them may have done this themselves and can offer helpful advice
No bit links. 15 points.

Answers

Answer:

D) Because some of them may have done this themselves and can offer helpful advice

Explanation:

I know that this is the answer through personal experience.

It is important to show your application essay to members of your support group or family before you turn it in because some of them may have done this themselves and can offer helpful advice. Thus, option 'D' is the correct option.

What is an application essay?

An essay or other written statement made by a candidate, frequently a prospective student applying to a college, university, or graduate school, is known as an admission or application essay. It is also occasionally referred to as a personal statement or statement of purpose.

The admissions committee is interested in finding out more about you—your accomplishments, challenges, objectives, passions, personality, values, and character. The college wants to know the individual's effect on you if you are requested to write about an influential person.

Make sure you stand out in your essay, no matter what subject you decide to focus on. Don't just tell readers what you care; show them. Don't provide the admissions committee with a list of grievances if you experienced a problem.

Therefore, option 'D' is the correct option.

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Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $12 per hour. During February, Jupiter Co. spent $113,400 for variable overhead. 9,150 labor hours were used to produce 2,400 units. What is the variable overhead efficiency variance

Answers

Answer:

YOUR ANSWER IS GIVEN BELOW:

Explanation:

Variable overhead efficiency variance

= (SLH - ALH) * SR

= (2400*4 - 9150) * 12

= 5400 F

Help me with the question​

Answers

Answer:

See below

Explanation:

All of the following could be included in a thank-you letter except
A. reiterating your interest in the position.
B. thanking the interviewer for choosing you.
c. thanking the interviewer for considering you.
D. highlighting what you learned in the interview.

Answers

The correct answer should be B

Thanking the interviewer for choosing you would not be appropriate as the final decision may not have been made at the time the thank-you letter is sent, and it can come across as presumptuous. Therefore, thanking the interviewer for choosing you should not be included in a thank-you letter. Thus, option B is correct.

What is thank-you?

A thank-you letter is a letter that you send to express your gratitude and appreciation for someone's time, help, or consideration. In the context of a job interview, a thank-you letter is usually sent to the interviewer(s) after the interview to thank them for their time and consideration and to reiterate your interest in the position.

Here are some things that you could include in a thank-you letter:

Start with a proper salutation, such as "Dear [Interviewer's Name],"

Express your gratitude for the interviewer's time and consideration.

Reiterate your interest in the position and highlight why you think you would be a good fit.

Reflect on what you learned from the interview and how you can contribute to the company.

If you forgot to mention something during the interview, you can include it in the thank-you letter.

End the letter by thanking the interviewer again and expressing your enthusiasm about the possibility of working with them.

Sign off with a professional closing, such as "Sincerely," or "Best regards," followed by your name.

Remember to proofread your letter carefully before sending it to avoid any spelling or grammatical errors.

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Question 6 of 10
A country exports goods and services valued at $400 million in a year. During
that same year, the country imports goods and serves valued at $300 million.
Which conclusion best describes the country's balance of trade?
O A. The country has a trade surplus.
B. The country has established a comparative advantage.
C. The country has established an absolute advantage.
D. The country has a trade deficit.
SUBMIT

Answers

If a country exports goods and services valued at $400 million in a year and in the same year imports goods and serves valued at $300 million, it can concluded from its balance of trade that the country has a trade surplus. Thus, option A is correct.

What is balance of trade?

The difference between a country's exports and imports for a certain period is known as the balance of trade (BOT). The main component of a country's balance of payments (BOP) is the balance of trade.

A country with a trade deficit imports more products and services than it exports in terms of value, whereas a country with a trade surplus exports more goods and services than it imports. The BOT can be calculated by subtracting the total value of its exports from the total amount of its imports.

The balance of trade for this country will be the difference between its exports and imports. It is given that the country exports goods and services valued at $400 million in a year and the country imports goods and serves valued at $300 million. So its balance of trade will be $100 ($400-$300) as trade surplus.

Therefore, the country shows a trade surplus.

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Do you think president Biden should give reparations?

Answers

Yes, i don’t want to go into politics but yes because it’s his job...
No bc ppl shouldn’t be responsible for their ancestors sins

A company had the following purchases during its first year of operations: Purchases January: 10 units at $120 February: 20 units at $125 May: 15 units at $130 September: 12 units at $135 November: 10 units at $140 On December 31, there were 26 units remaining in ending inventory. Using the periodic FIFO inventory costing method, what is the cost of the ending inventory

Answers

Answer:

145

Explanation:

the price grows 5 dollars each month

Help PLEASE!!

Why are healthy individual finances important to the economy in North America?

Answers

Healthy individual finances important to the economy in North America because it contributes to the Nation's economy, which supports the global economy. This helps to rise the job opportunities for a region.

Individual financial health is critical to the North American economy since it contributes to the nation's economy, which in turn supports the global economy.

What type of economy does North America have?

The economy of the North America is one of the biggest economy in the world. Its economy is classed as sophisticated and mixed. It is one of the world's most powerful economies. This contributes to a region's increased job opportunities.

Thus, it contributes to the nation's economy, which in turn supports the global economy.

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Lawrence has been asked to learn how many cars drive by a specific location that his company is considering for a new restaurant. The most useful way to research this information would be by

Answers

Answer:

The answer is  Investigating Primary Sources

Explanation:

I chose this answer because According to this problem, even though it doesnt say it, the smartest way to investigate a location you want to make a business  

really you would need to see the sources for it.

Fiat money Select one: a. has no intrinsic value. b. is any close substitute for currency such as checkable deposits. c. is a medium of exchange but not a unit of account. d. is backed by gold.

Answers

Answer:

is a medium of exchange but not a unit of account

what is profit and loss account​

Answers

La cuenta de pérdidas y ganancias (P&G) es un estado financiero que resume los ingresos, los costos y los gastos incurridos durante un período específico, generalmente un trimestre o año fiscal. La cuenta de pérdidas y ganancias es sinónimo de la cuenta de resultados. Estos registros proporcionan información sobre la capacidad o incapacidad de una empresa para generar beneficios mediante el aumento de los ingresos, la reducción de los costos o ambos. Algunos se refieren al estado de ganancias y pérdidas como un estado de ganancias y pérdidas, estado de resultados, estado de operaciones, estado de resultados financieros o ingresos, estado de ganancias o estado de gastos

Answer:

Explanation:

Profit and loss is not an account. It is calculated by taking the difference between the revenues minus the expenses of a business. If there are more revenues than expenses, the difference is positive or a Profit. If there are more expenses than revenues, the difference is a negative or a Loss.

In the definition of GDP, the words "total market value" refer to total Question 6 options: dollar value at base prices. dollar value at current prices. subjective value. objective value. a and d

Answers

Answer:

dollar value at current prices

Explanation:

In GDP, the formula for calculating a shareholder's total market value is evaluating dollar values at current prices. For example, if a company had 5 shares worth 8 dollars each, you would multiply 5 by 8 to get 40 as an answer. So, the answer is B. Hope this helps!

In the definition of GDP, the words "total market value" refer to dollar value at current prices. Thus, the correct answer is option b.

What is GDP?

The total market value of all finished products and services produced annually within a nation's borders over a given time period is known as the gross domestic product, or GDP. It covers all finished products and services, i.e., those created by economic agents based in that nation, independent of ownership, and not at all resold.

To compare living standards between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. It serves as the primary indicator of output and economic activity all over the world.

Therefore, the words "total market value" in the definition of GDP refer  to dollar value at current prices.

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Differences between private and public company

Answers

here's your answer..

Answer:

The public company refers to a company that is listed on a recognized stock exchange and its securities are traded publicly. A private company is one that is not listed on a stock exchange and its securities are held privately by its members.

Explanation:

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Kameron, Candice and Leo were members of an LLC, Printing Unlimited, LLC (PU). They leased a digital printing press for their company. Press Sales, Incorporated (PSI), the company that manufactured and leased the printing press to them, required personal guarantees from each of them as a requisite leasing the press. What will be required of Kameron, Candice and Leo

Answers

The requirement of Kameron, Candice, and Leo should be for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

The information related to the pledged asset is as follows:

A pledged asset is a valuable possession that could be transferred to the lender in order to secure the debt or a loan. The pledged asset should be considered as collateral that could be held by a lender and in return, it is for lending the funds. Also, it can decrease the down payment that should be needed for the loan along with this if there is any change in the interest rate so the same should be decreased.

Therefore we can conclude that, the requirement done by these three people is needed for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

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The higher wages college graduates receive are primarily due to discrimination Answer A: discrimination A differences in working conditions Answer B: differences in working conditions B on-the-job training Answer C: on-the-job training C differences in bargaining power Answer D: differences in bargaining power D differences in human capital ap microeconomics

Answers

Answer:

A differences in working conditions

Explanation:

The working conditions of the employees matters a lot when it comes to determine the wages of the employees. There is always a discrimination made based on the working condition, the level of education received by the employees and many more.

Thus the higher wages received by the college graduates is mainly due to the working condition and the responsibilities that they are going take while working in an organization when compared to their sub-ordinates.

Louis is a member of the marketing team on the Superb Mattress account. Recently, he has emerged as a team leader. His supervisor, Michele, is letting Louis make the final decision as to which campaigns are presented to the client. This provides Louis with

Answers

Answer:

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bit.[tex]^{}[/tex]

Last month, a gallon of milk cost $2 and a gallon of gas cost $4. This month, milk is $4 per gallon and gas is $6 per gallon. Matthias is not sure what is going on with the economy. How would an economist BEST describe what is happening?

Answers

Group of answer choices.

A. The rate of return has increased significantly.

B. There has been a lot of inflation in the market.

C. Prices for goods are experiencing compounding interest.

D. Asset allocation is on the rise in the economy.

Answer:

B. There has been a lot of inflation in the market.

Explanation:

Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.

Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.

When this persistent rise in the price of goods and services in an economy becomes rapid, excessive, unbearable and out of control over a period of time, it is generally referred to as hyperinflation.

Furthermore, high inflation is typically a sign of a struggling economy because the wages earned by consumers cannot keep up with the increase in prices of goods and services.

In this scenario, a gallon of milk cost $2 and a gallon of gas cost $4 last month. This month, milk is $4 per gallon and gas is $6 per gallon.

Therefore, an economist would best describe what is happening as having a lot of inflation in the market.

what is trading account​

Answers

a trading account deals with the u.s. government

Assume that Sallisaw Sideboards, Inc. had a retained earnings balance of $10,000 on April 1, and that the company had the following transactions during April. Issued common stock for cash, $5,000. Provided services to customers on account, $2,000. Provided services to customers in exchange for cash, $900. Purchased equipment and paid cash, $4,300. Paid April rent, $800. Paid employees' salaries for April, $700. What was Sallisaw's retained earnings balance at the end of April

Answers

Answer:

$11,400

Explanation:

Calculation to determine What was Sallisaw's retained earnings balance at the end of April

First step is to calculate the Net income for the month of April

April Net income=$2,000+$900-$800-$700

April Net income=$1,400

Now let calculate the Retained earnings at the end of April

April Retained earnings=$10,000+$1,400=$11,400

April Retained earnings= $11,400

Therefore What was Sallisaw's retained earnings balance at the end of April is $11,400

scott is the chief human resource officer (CHRO) of MarkIt Inc.. In performing the tasks of aligning the HR activities with the needs of the business, Scott is performing the role of a(n)

Answers

Answer:

leader of the HR function

Explanation:

HRM stands for Human Resource Management. It is a department in any business organization which looks after hiring, training and managing the employees of the organization.

It also deals with the issues of the employees that they face in the organization.

In the context, Scott who is the CHRO, i.e. the chief human resource officer of the organization named Marklt Inc. performs the tasks of the management and alignment of all the HR activities that is with the need of the business. In such a way, Scott is performing the role of the leader of the HR function.  

As a leader of the HR, Scott is ensuring that Marklt Inc. has the right people in the organization working to their best.

Which of the following is NOT one of the four components of the business process

Answers

Answer:

mark me as the brainliest plss

The Shinn Company wants to manufacture a new mouthwash designed to fight cavities and whiten teeth. The Shinn Company looks at the previously collected data over the last three years on consumer preferences in mouthwash and looks to social media to see what customers are saying about its products. This is an example of _______.

Answers

Answer:

Secondary data

Explanation:

Secondary data means the data i.e. collected by the someone other than the data i.e collected for the first time. It includes the information that related to the censuses, government departments, etc for researching purpose

Since in the given situation, the company looks to the data i.e. already collected and according to this they are able to make the analysis

So, here it is an example of the secondary data

Cities in the United States and Canada experience many forces that change the form and character of metropolitan areas. Sometimes the changes are viewed as positive, and sometimes the changes may be seen as negative. Describe an economic force that encourages people to move into metropolitan areas. Explain ONE reason why suburbanization occurs in the United States and Canada. Explain ONE reason why gentrification occurs in the United States and Canada.

Answers

Answer:

In the U.s.a., gentrification is generally linked with an infusion of significantly higher migrants into traditionally divested districts with longstanding, operating people typically leading to rises in property values and new construction investment.

Gentrification in Canada is linked to a decrease in the supply of cheap rental housing, the relocation of the lower classes from their historic communities and the transformation of inner-city communities from production to consuming venues for the middleclass.

one reason why suburbanization and gentrification occur in the United States and Canada is that gentrification in the United States and Canada is commonly associated with an influx of much higher migrants into previously divested neighborhoods. suburbanization was prompted by federal government incentives to encourage suburban development.

What is Gentrification?

Generally, Gentrification is simply defined as the process through which the character of a disadvantaged urban neighborhood is transformed by wealthier individuals moving there.

In conclusion, Gentrification and suburbanization cause a divide in society.

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According to the video, what does the work environment of a Production, Planning, and Expediting Clerk usually
include? Check all that apply.
sitting for long periods
standing and lifting items
using telephones
using industrial machinery
operating vehicles
using computers

Answers

According to the video, the work environment of a Production, Planning, and Expediting Clerk usually include:

sitting for long periodsusing telephonesusing computers

What is the role of a clerk?

A clerk, often known as a bookkeeper, carries out administrative duties to support regular corporate operations. They are responsible for returning calls and emails, maintaining a well-organized filing system, and replenishing office supplies. Since this is an office-based position, you will be at your desk from Monday through Friday from 9 am to 5 pm.

In some cases, working overtime may be necessary while a deadline is approaching. You may also be able to achieve a healthy work-life balance by taking advantage of flex time, part-time employment, or job sharing, depending on your company. Work as a clerk is available in a variety of industries, from the commercial sector to local government.

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Your high school transcript will include each of these items EXCEPT...


The name of your school

Your GPA calculated with all of the courses you’ve taken so far

A list of your test and quiz grades in each course

The courses you’ve taken and when you took them

Answers

Answer:

a list of your test and quiz grades in each course

Explanation:

a list of your test and quiz grades in each course

I think a List of your test and quiz grades in each course
Hope that helped

What is everyone planning to do this summer?

Answers

Answer:

read, relax, try to sleep in as long as I want, work out, and eat lol

have a good day :)

Explanation:

In early year 8, Alice sold Tom, her son, 20 shares of common stock for $20,000. Alice had paid $25,000 for the stock in year 2. In late year 8, Tom sold the stock to an unrelated third party for $35,000. How much gain must Tom report in his year 8 tax return for the sale of the stock

Answers

Answer:

He must report 15,000 gain in his year 8 tax...........

Which of the following is the definition of customer experience?
A. The product of an interaction between an organization and a customer.
B. The product of upselling a customer.
C. The product of an interaction between the organization's employees.
D. The product of customer referrals

Answers

Answer:

a

Explanation:

A division within Sherman Inc. suggested the top management hold an open house featuring product demos, recreational activities, and office tours. Every employee of the company along with numerous company-outsiders was invited to the event. The workers and company guests mingled with each other and discussed the various facets of Sherman Inc., and the event became a grand gala success. Which type of department recommended these steps to top management, and what was the reason behind its recommendation

Answers

Answer:

Public relations department

Explanation:

The Department of Sherman Inc that would have recommended these steps to the management will most definitely be the public relations department, as this steps are in line with the duties/functions of a public relation department in every firm.

The purpose is to create a greater rapport between the company, customers and members of staff and also to improve community support

A reward or punishment that encourges people to behave in a certain way is called a(n)

want.
price ceiling.
equilibrium price.
incentive.

Answers

Answer:

incentive.

Explanation:

Operant conditioning can be defined as an associative learning process which involves reinforcing the strength of a behavior. Thus, the outcome depends on the response in operant conditioning.

A reinforcement of a desired behavior involves the process of strengthening a positive behavior being exhibited by an individual through the use of stimulus. Therefore, making the behavior to be exhibited in the future by the individual.

Basically, by reinforcing desired behaviors with rewards, parents, teachers and leaders can help people in building positive norms.

Hence, an incentive in psychology refers to a reward or punishment that encourges people to behave in a certain way when adopted or invoked.

A reward or punishment that encourages people to behave in a certain way is called an incentive.

An incentive is something that incite someone to work harder. It is what attracts someone to deliver more that what he or she is delivering.

For instance, a company might promise its employee extra pay if they meet and exceed certain target. Such is called incentive.

Incentives include but not limited to :

Reward and recognitionGiving free vacationRewarding safety

Therefore, a reward or punishment that encourages people to behave in a certain way is called an incentive.

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Explain why a kangaroo can jump higher as it's speed increases Helpppppppp me plzzzzzzz Disgusting why did some Americans object to immigration Whats the answer need help on math plz Naeem bought a dirtbike. The original pricewas $1,800, but he got a discount of 30%. Whatwas the discounted price of the dirtbike? Find the co-ordinates of a point which divides the line joining the points (-3, 9) and (1, -3) internally in the ratio of 3:1. *a) (1, 1)b) (0, 0)c) (1, 2)d) (2, 2) Two similar pyramids have base edges 3 and 5. Find the following (use a colon between the numbers):a) the ratio between their altitudes = b) the ratio between their base areas = c) the ratio between their lateral edges = d) the ratio between their volumes = e) the ratio between their lateral areas = The higher wages college graduates receive are primarily due to discrimination Answer A: discrimination A differences in working conditions Answer B: differences in working conditions B on-the-job training Answer C: on-the-job training C differences in bargaining power Answer D: differences in bargaining power D differences in human capital ap microeconomics Need help with the answer?? Evaluate 10x2y2 for x = 1 and y = 2.A: 5/8B: 40C:2 1/2D:10(2)^0 Myanmar students are going to school is not good for them? Why? HELP PLS THIS IS DUE AT 12 Which pair of events is a dependent event?A. rolling a 6 on a number cube and then rolling a 1 on the same number cubeB. one girl born on july 29 and another girl born on july 29 next yearC. drawing a purple card from a deck of cards then without replacement drawing another purple card D. drawing a red button out of a bag of red and white buttons, replacing the button, and then drawing out another red button. All of he following are contributing factors to high death rates in Africa except:High GDPDiseaseFaminePoor sanitatio explain four features of Nazism A motorboat travels 9 miles downstream (with the current) in 30 minutes. The return trip upstream (against the current) takes 90 minutes. please help me with this !! Water moves on, above or under the surface of the Earth true or false Solve the inequality 3x - 5 < 4.x < 3x > 3x < 1/3x > 1/3