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Ivahew [28]
2 years ago
5

Greece and Portugal have different wage rates, tax regimes, and business cycles. The two countries have also reacted differently

in the past to external economic shocks.
The dissimilarities are an example of one of the drawbacks of the euro that economists refer to as the EU not being in a(n):

A. managed currency zone.
B. open exchange regime.
C. advanced monetary zone.
D. optimal currency area.
E. free trade area.
Business
1 answer:
eimsori [14]2 years ago
4 0

Answer:

The correct answer is letter "D": optimal currency area.

Explanation:

An Optimal Currency Area or OCA refers to a region that allows the establishment of a common currency for different countries that have similar economic patterns allowing them to set similar macroeconomic policies. The objective is the integration of those economies promoting growth and currency stability.

However, <em>economic hardship in Greece put block currencies such as the euro at risk since it unbalanced the Euro weight in western Europe. The relatively recent United Kingdom auto exclusion of the European Union (EU) through the "Brexit" is also a sign that the European zone has many countries looking for different interests.</em>

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Troy starts a job right out of college. He feels lucky to have found a position in the financial industry. Troy knows that he ne
Mashutka [201]

Answer:

Mentoring Plan.

Explanation:

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It is a system of semi structured guidance whereby one person shares their knowledge, skills and experience to assist others to progress in their own lives and careers. Mentors need to be readily accessible and prepared to offer help as the need arises within agreed bounds.

Mentors very often have their own mentors, and in turn their mentees might wish to ‘put something back’ and become mentors themselves - it's a chain for ‘passing on’ good practice so that the benefits can be widely spread.

3 0
2 years ago
Riley is considering the purchase of 350 shares of the preferred stock of Marston Manufacturing Company. The stock carries a par
Furkat [3]

Answer:

The per-share value of Marston’s preferred stock should be $92

Explanation:

The computation of the per-share value of Marston’s preferred stock is shown below:

= (Annual Dividend rate) ÷ (yields generation) × 100

= (5.75%) ÷ (6.25%) × 100

= $92

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All other information which is given in the question is not relevant. Hence, ignored it

7 0
2 years ago
Ross has taken a new job at a restaurant. he is now in charge of the lunch shift. he helps determine the​ menu, works on marketi
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The best option to choose is the Chief Chef or the Executive Chef. This type of chef is the one who is in charge of <span>the decision-making. He is the leader of the kitchen brigade. </span>
6 0
2 years ago
Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an
Nataly [62]

Answer:

1.60

Explanation:

($500,000 - $100,000)/250,000

3 0
2 years ago
The company's bank reconciliation at June 30 included the following item. The bank statement included a credit memorandum in the
anygoal [31]

Answer:

journal entry  are given below

Explanation:

given data

amount of  interest = $150    

solution

we know that as June 30  the interest earn company bank reconciliation is

$150  

Therefore, it should be a cash debit and interest income should be deposited in the account as

journal entry  are as June 30

                         Cash A/c                   $150     Dr.

                        To Interest revenue   $150

record the interest revenue earned

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2 years ago
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