Too much money is spent maintaining and repairing old buildings. Some people think that they should be knocked down and give way to modern buildings. To what extent do you agree or disagree? Give reasons for your answer and include any relevant examples from your own knowledge or experience. ...
Fixed or Pegged Rate:Acentral bankor government determines the rate. The rate is set against another major world currency such as the U.S. dollar, euro, or yen. To maintain its exchange rate, the government buys or sells its currency against the currency it is pegged to. Macro Factors:Th...
Fiat money isn't a scarce or fixed resource like gold so central banks have much greater control over its supply. This gives them the power to manage economic variables such as credit supply, liquidity, interest rates, and money velocity. TheU.S. Federal Reservehas the dual mandate to keep...
If the exchange rate is 1.19 USD per Euro, how many Dollars would I have if I exchange 410.40 (Euros)? A bank converts U.S. dollars into European euros at a rate of $1 for 0.88 euros. Kelsey wants 100 euros for her trip...
Quoted spreads, effective spreads and the cost of a roundtrip trade are much larger and more volatile on Bitstamp than on the other two exchanges.19 The price impact, on the other hand, is only slightly larger on Bitstamp than on the other two venues. Thus, suppliers of liquidity on ...
How much cash should I bring when I fly to China? Will my credit card be accepted? Can I use Travelers’ Checks? Can I tip my tour guide and driver with US dollars? Is there counterfeit money in China? Where is the best place to exchange Chinese currency? How do I check a RMB ban...
Transaction Limits:Check if there are any limitations on how much money you can transfer in and out of your account, both in total and per transaction. This is to avoid any surprises as you scale up. Account Features:Consider what the account offers, such as cash withdrawal limitations, paym...
Airfare $1,500 Accommodations $2,800 ($200 per day) Local transportation $600 Attractions $400 Food $770 ($55 per day) Random spending $400 TOTAL$6,470 USD The above estimates are in US dollars for a 14-day trip. I recommend using XE.com to see the exchange rate in your home curr...
$ and ¢: Dollars and Cents. Type a dollar sign ($) using Shift + 4. If you want to type the cent (¢) symbol, use Alt/Option + 4. ¥: Japanese Yen and Chinese Yuan/Renminbi. Type the ¥ symbol using the Option + Y keyboard shortcut. It’s worth noting that this will...
across the developing world. Many companies and governments in such emerging markets borrow money in U.S.-dollar terms, instead of in their own currencies. When they must repay their debts in U.S. dollars, while their own currencies buy fewer dollars by the day, it can create lots of ...