Which of the following is NOT associated with dollarization?
Group of answer choices
a reduction in currency volatility
a reduction in GDP
a reduction in monetary management costs
avoidance of currenc
Answers
A reduction in GDP is NOT associated with dollarization. Dollarization refers to the adoption of a foreign currency, typically the U.S. dollar, as the official currency of a country. It involves replacing the domestic currency with a foreign currency for all transactions and monetary purposes.
Dollarization is often pursued for various reasons, including the aim to achieve stability and reduce currency volatility. By adopting a stable foreign currency, a reduction in currency volatility can be expected. This stability can contribute to a more favorable business environment and increased confidence in the economy.
Additionally, dollarization can lead to a reduction in monetary management costs. When a country adopts a foreign currency, it no longer needs to maintain a central bank and monetary policy instruments to manage its own currency. This can result in cost savings associated with central bank operations.
Another benefit of dollarization is the avoidance of currency risk and the associated costs. By adopting a foreign currency, a country can eliminate the risk of exchange rate fluctuations and the need for foreign exchange reserves to support the value of its own currency.
However, dollarization itself is not directly associated with a reduction in GDP. The impact on GDP depends on various factors, including the specific circumstances and policies of the country. While dollarization can have implications for economic stability and growth, its effects on GDP can vary and may not necessarily lead to a reduction.
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Related Questions
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:
Amount
Sales $ 1,260,000
Selling price per pair of skis $ 450
Variable selling expense per pair of skis $ 50
Variable administrative expense per pair of skis $ 19
Total fixed selling expense $ 155,000
Total fixed administrative expense $ 105,000
Beginning merchandise inventory $ 70,000
Ending merchandise inventory $ 105,000
Merchandise purchases $ 285,000
Required:
1. Prepare a traditional income statement for the quarter ended March 31.
2. Prepare a contribution format income statement for the quarter ended March 31.
3. What was the contribution margin per unit?
Answers
Answer:
Refer to the below explanation
Explanation:
1. Traditional income statement.
Revenue $1,260,000
Cost of goods sold = Beginning inventory + purchases - Ending inventory
= $70,000 + $285,000 - $105,000
=$ 250,000
Gross profit= Sales - cost of goods sold
= $1,260,000 - $250,000
=$1,010,000
Administrative expenses = $19 × ($1,260,000/450) + $105,000
= $158,200
Selling expenses = $50 × ($1,260,000/450) + $155,000
=$295,000
EBITDA = $556,800
2. Contribution margin statement
Sales. = $1,260,000
Less
Total Variable cost:
Cost of goods sold =$250,000
Variable selling exp.
2800 × $50=$140,000
Administrative exp.
2800 × $19=$53,200
Total variable cost. =$56,800
Contribution margin =$1,203,200
Less
Total Fixed costs:
Selling expenses =$155,000
Administrative expenses=$105,000
Total fixed cost =$260,000
Net profit. = $943,200
3. Contribution margin per ratio
= Contribution margin / Quantity
=$1,203,200 / 2,800
=$430
Part 1: Multiple Choice
Instructions
Choose the answer that best fits each statement below.
1. As you begin your budgeting process, a good place to start is to prepare a
a. Budget variance
b. Budget estimate
c. Budget plan
d. Budget contribution
I
2. What type of expense fluctuates month to month?
a. Emergency
b. Fixed
C. Variable
d. Discretionary
3. Which is an example of a financial statement?
a Bank statement
b Statement of contributions
C. Fixed and variable statement
d. Periodic statement
4. What is it called when you put money aside specifically for use in difficult situations?
a Income fund
b. Opportunity fund
c. Fixed expense fund
d. Emergency fund
Answers
Answer:
1.)a
2.)b
3.)c
4.)c
I think this could be the answer
Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions
Answers
According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.
Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.
She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."
Therefore, option A is appropriate.
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Read the scenario.
Madison received $100 as a holiday gift. She used it to buy 50 mineral infused candles for $2
each. Then, she walked around the neighborhood and sold the candles for $4 each.
R
What factors of production did Madison use?
Answers
Answer:
1/34
Explanation:
Answer:
all four factors of production
Explanation:
I just took the test now and got it right
An unsecured loan...
typically has lower interest rates than a secured loan
is less difficult to qualify for than a secured loan
is connected to collateral, which can be taken by the lender if the loan is not paid
is not connected to collateral and, therefore, a higher risk for lenders
Answers
Answer:
is not connected to collateral and, therefore, a higher risk for lenders
Explanation:
Unsecured loans are the loans issued without any securities attached to them. The lender relies on the borrower's creditworthiness as the basis for granting the loan. Unsecured loans are mostly available to salaried workers whose pay is processed by the lending institutions.
Unsecured loans pose a higher risk to the lender because they are not backed by any collateral. For this reason, they attract a higher interest rate than secured loans.
Answer:
D
Explanation:
took the test
Mia likes to write books during her free time. At present, three of her books have been published and sold around the world. The income received from selling her books is an example of
Answers
Answer:
passive
Explanation:
pls help me. and pls hurry
Answers
Answer:
I guess your answer is that it's easy for all employees to understand.
The Production Function shows how total output changes when the amount of a single variable input changes while all other inputs are held constant. Which Economic Resource (Factor of Production) is usually the variable input?
Answers
Answer:
labor
Explanation:
They are four factors of production. They are labor, capital, land, and entrepreneurship.
Labor is compensation for human skills, knowledge, time, and energy. It is indicated as salary, wages, commissions, or allowances in the books of account. A company's labor expense is influenced by the number of workers it requires. A planned high output will require many workers, while a low-volume production needs fewer workers. Therefore labor is considered a variable cost.
Capital includes the finances, equipment, and machinery required to start a business. Capital is a fixed cost as capital requirements do not vary will the volume of output. Land and entrepreneurship are fixed costs as they are not expected to change in the s
What are some changes that have happened in society that have affected the growth of the childcare profession?
Include one change from each area:
• employer
• Education attitudes
• Educational studies
• Benefits to the economy
Answers
Answer:
More mothers would increase their earnings and seek new job opportunities if they had greater access to reliable and affordable child care.
faulty power steering fluid can result in?
Answers
1 point
Which of the statements below is TRUE about filing your taxes? (Assume
that your only income comes from the salary you earn at Big Tech
Company.) *
You need to file your tax return by the end of the calendar year (typically December
31st)
If your employer takes out federal income taxes through payroll withholdings, you do
not need to file a tax return
You must file your tax return by April 15th of the following year or request an
extension by that date
You do not need to pay any income taxes until April 15th, so you should ask your
company to wait until after that date to withhold any money
Answers
Answer:
The true statements are;
You must file your tax return by April 15th of the following year or request an extension by that date
Explanation:
The due date at which tax returns are filed timely is on the 15th of April of the following year otherwise the Form 4868 should be filed on or before the 15th of April to obtain Automatic Extension of Time so as to be permitted to File U.S. Individual Income Tax Return while still having those filed tax return still being considered timely.
You must file your tax return by April 15th of the following year or request an extension by that date.
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures. A failure to pay in a timely manner, along with evasion of or resistance to taxation, is punishable by law.The statement that is true about filling the taxes is "You must file your tax return by April \(15th\) of the following year or request an extension by that date.''For more information:
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Ratna is preparing q presentation titled "similarities between miceo-leval and marco-lecal orientation in sociology". Which explanation should she include
Answers
Answer:
Ratna is preparing q presentation titled "similarities between micro-level and marco-local ... - did not match any documents.
Suggestions:
Make sure that all words are spelled correctly.
Try different keywords.
Try more general keywords.
Morabido mails registered letters, sends e-mails, and places ads in local newspapers where it sold a defective weed killer. Huntington knows of the recall but ignores it, applies the weed killer to his crops, suffers damages, and sues. Which defense can Morabido use at trial?
Answers
The defense which Morabido can use at trial is:
Assumption of RiskWhat is Assumption of Risk?This refers to the defense which is used in the law court to try to prevent a plaintiff from making a recovery based on negligence.
WIth this in mind, we can see that Morabito can make use of assumption of risk to show that because Huntington knew of the defect but went ahead to make use of weed killers.
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low inflation is a sign of?
Answers
Answer:
usually signals demand for goods and services is lower than it should be, and this tends to slow economic growth and depress wages.Jun
Explanation:
what is the law of demand and supply
Answers
Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.
Explanation:
List 5 motives for the construction of various media?
Answers
Answer and Explanation:
For the construction of various media, the five motives are as follows
1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,
2. Sharing the news of the company: Post the news of the company to various social media so that the public at large get attracted towards it
3. Voice opinion: Voice opinion also matters for establishing the several medias
4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner
5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services
Media is the plural word of the medium that is the means of communication. The news channels, radios, magazines, and many other social things are communicated to the general public by means of media only. The media covers the speech or the incident and lets it known to the general public at no time.
The five motives for the construction of social media are:
1. Developing and making connections: For motivating social media there is a need to establish connections and suing those conections new connections can be made.
2. Sharing the company's reviews: After the company gets its name on social media, it gets famous among a group of people at no more time.
3. Voice opinion: Voice opinion also matters for interacting the several medias
4. People's opinion of the company: Customer satisfaction is the utmost priority of the company so that the company could able to know what changes are required in the product to deliver it in the most satisfactory form.
5. Interaction with employees: Communication with the employees also matters as the employees could deliver their idea to better the company's services.
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Morgan owns XYZ Corp. , but after a year of operation the company has yet to earn a profit. Who has the most to lose if XYZ Corp. Fails
Answers
Answer:
Morgan
Explanation:
The failure of the XYZ corporation leads to the laws to Morgan, who is the owner of the company and has to wear all the losses of the organization.
What is corporation?Corporation refers to the association of the people who are working together in order to achieve the common objectives. The goal of the organization is profit maximum by satisfying the needs and wants of the customers.
According to the above scenario, XYZ is a corporation hold by the Morgan. The company had taken several years of operation to earn the profit, but still struggling for it.
If the organization sales to on the process, then owner Morgan will have to face the losses of the company as well as all the shareholders and investors will have to face loss.
Therefore, it can be concluded that Morgan has the most to lose if the corporation fails.
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Why is personal finance dependent upon your behavior?
Answers
Personal finance depends on your behavior because you are the manager of your financial resources, so it is necessary to carry out personal planning of your finances.
Personal financial behavior can be measured by six dimensions, which are:
Emergency fundsIndebtedness levelSavings ratesAsset diversificationRetirement PreparationWealth distributionPersonal finances are directly impacted by our behaviors and decisions. Some of these behaviors are subconscious and difficult to identify, but they should be analyzed in case they negatively influence your finances.
Therefore, financial planning is essential to use your financial resources consciously and in accordance with your goals.
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Which of the following is not an example of professional behavior
?
Answers
Would you consider Unions successful? Why or why not?
Answers
Answer:
yes because have been enormously successful at getting their members excellent wages, benefits and working conditions.
hope this helps
have a good day :)
Explanation:
Justify the statement, business is important human activity
Answers
Answer:
Actions that involve the production, distributionand consumption of goods and services at all levels within a society. Gross domestic product or GDP is one way of assessing economic activity, and the degree of current economic activity and forecasts for its future level can significantly impactbusiness activity and profits, as well as inflationand interest rates.The economic activity in the region was being analyzed by our team and we had concluded it would be great to enter the market.
There was some new economic activity going on in the area and it made me excited at the thought of new activities and opportunities.
You should try and follow all of the economic activity so that you know how it might affect your business.
Explanation:
Business is an important human activity that has allowed humans to survive better because it:
allows people access to goods and services - thanks to business, people are able to trade goods that they have for goods that they want thereby ensuring that human needs and wants are satisfiedis a source of income - engaging in business allows people to earn money that they can use to get things that they want either as employees or as owners.For these two main reasons, we can conclude that business is important because the satisfaction of human needs and wants is paramount to the survival of our species.
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Discuss the social views that influence our relationship
Answers
Answer:
relationships with others influence how we communicate with them by many different factors. The relationship between people influence the way we interact with them. Giving hugs is generally for people you are close to, although you may shake someone's hand if you are not as close to them
Answer:
well what kind of relationship?
Explanation:
Which of these scenarios most puts Margaret at risk of identity theft?
Margaret manages her bank account through its website while using a restaurant’s public wifi.
Margaret manages her bank account by calling her bank directly and using personal information for identification.
Margaret manages her bank account by visiting a local branch and signing paperwork for the bank teller.
Margaret manages her bank account by keeping personal records to compare to the bank’s records.
Answers
Answer:
Margaret manages her bank account through its website while using a restaurant’s public wifi.
Explanation:
public wifi is easily tapped into. yw
is it better for ute company to take a take credit or a deduction on the $100k foreign taxes paid?
Answers
The decision should be based on a company’s individual needs and goals.
When it comes to international business, there is often a lot of money at stake when it comes to taxes. Companies have to decide whether they should take a credit or a deduction on the foreign taxes they have paid. This decision can significantly impact a company’s financial health, so it is important to understand the difference between the two and which is better for the company.
A tax credit is a dollar-for-dollar reduction in taxes owed. This means that a company can reduce the amount of taxes that it owes by the amount of the credit. For example, if a company has paid $100,000 in foreign taxes, it can take credit for this amount and reduce its taxes owed by $100,000.
On the other hand, a tax deduction is a reduction in taxable income. This means that a company can reduce its taxable income by the amount of the deduction. For example, if a company has paid $100,000 in foreign taxes, it can take a deduction for this amount and reduce its taxable income by $100,000.
Ultimately, the decision should be based on a company’s individual needs and goals. It is important to consult with a qualified tax professional to ensure that the best decision is being made for the company.
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Which of the following is true about career goals?
A. They should not require a great deal of hard work to reach them.
B. Most goals should be so ambitious that it would be unlikely that
you actually reach them. This will push you to achieve as much as
possible.
C. Goals are not actually things that can be measured to say whether
they have been met or not.
O D. They should usually be significant enough that they cannot be
reached in one easy step.
Answers
Answer:
B. Most goals should be so ambitious that it would be unlikely that you actually reach them. This will push you to achieve as much as possible
Explanation:
Goals are that objective of life that one strives to achieve and are necessary to attain as they help in finding the right path and attainment of the desired outcomes. Goals are an impotent component of personality. Goals should motivate the persons to achieve them.Answer:
the answer is D
Explanation:
just did it
High-profile accounting scandals and the global financial crisis are examples of ___.
Answers
High-profile accounting scandals and the global financial crisis are examples of companies and industries that did not conform to business ethics.
What is business ethics?The rules for ethically correct and wrong behavior in company are referred to as business ethics. However, "legal" and "ethical" are not always identical. Law in part defines behavior. By defining permissible practices outside of the purview of the state, business ethics strengthen the law.
What is the business ethics tenet?The field includes loyalty, fairness, respect, trustworthiness, and technological ethics. It also includes corporate responsibility, personal responsibility, and social responsibility. It places a strong emphasis on employee retention, brand image, and consumer loyalty.
How can business ethics be improved?Engage, talk to, and educate your staff. Utilize effective and educational communication to involve employees as well as other stakeholders, including suppliers, investors, regulators, and customer groups. An ethical culture will be ingrained thanks to effective, consistent, and regular communication and training.
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Should a business email contain a salutation?
Answers
Answer:
A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)
Typically, entrepreneurs are more successful in what field?
the field that is most popular at the time
the field that is the largest at the time
the field they are most knowledgeable about
technology
Answers
the field that is most knowledgeable
Why does no one like me? i need answers.
Answers
Answer:
nobody likes me either lol
Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Tanya is best described as what type of leader
Answers
Answer:
Transactional leader.
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.
In this scenario, Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Thus, Tanya is best described as a transactional leader because she is more concerned with her team (followers) meeting set targets (goals) or defined requirements, objectives and expected level of results (performance).