FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In some cases, people use another country's currency in private transactions, but the local currency remains legal tender and continues to circulate. Which of these

In some cases, people use another country's currency in private transactions, but the local currency remains legal tender and continues to circulate. Which of these is one term for this unofficial change in currency used? Illegal monetary substitution O Illegal buying and selling Currency substitution O Black market exchange 4
image text in transcribed
In some cases, people use another country's currency in private transactions, but the local currency remains legal tender and continues to circulate. Which of these is one term for this unofficial change in currency used? Illegal monetary substitution Illegal buying and selling Currency substitution Black market exchange

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Eco Management And Audit Scheme

Eco Management And Audit Scheme

Authors: Gerardus Blokdyk

3rd Edition

ISBN: 0655169709, 978-0655169703

More Books

Students also viewed these Accounting questions

Question

★★★★★
Brent Hill Company (see BEI0-21) borrowed $1 million on March I on a five-year, 12% note to help finance the building construction. In addition, the company had outstanding all year a $2-million,...

Answered: 1 week ago

Question

★★★★★
PROBLEM 1-9. Ethics and Code of Conduct [LO 5] Search the Web for the Code of Conduct for Sears Holdings Corporation (the parent company for Sears and Kmart). For each of the following cases,...

Answered: 1 week ago

Question

★★★★★
6.3 The same as the last problem but for the Debye theory.

Answered: 1 week ago

Question

★★★★★
Clarke Manufacturing Inc. operates the Patio Furniture Division as a profit center. Operating data for this division for the year ended December 31, 2012, are as shown below. In addition, Clarke...

Answered: 1 week ago

Question

★★★★★
In some cases, people use another country's currency in private transactions, but the local currency remains legal tender and continues to circulate. Which of these is one term for this unofficial...

Answered: 1 week ago

Question

★★★★★
12. . LENGTH OF THE CURVE PARAMETRIC EQUTIONS: EVALUATE, an integral that represents the length of the curve. x=rcost, y=rsint, Ost

Answered: 1 week ago

Question

★★★★★
The growth of the coal mining industry in the US has been on a downward spiral over the last few years. How does this impact the competitive rivalry within the industry?

Answered: 1 week ago

Question

★★★★★
In two to three paragraphs use the examples in this module (Col Howard, LtCol Gadson, Flight 93, Heather Penney) to answer the following questions: 1. Does your sense of duty cr-eate your values or...

Answered: 1 week ago

Question

★★★★★
A disadvantage of small Latin squares designs is that they provide relatively small degrees of freedom, so , if tends to be desirable to replicate them to increase the error degrees of freedom?

Answered: 1 week ago

Question

★★★★★
3 . ) What is the time of completion, and why must it be clearly stated in the contract agreement provisions?

Answered: 1 week ago

Question

★★★★★
Let x represent the number of tails when a fair coin is flipped 100 times. a) Compute the distribution of x and represent it using a bar plot. b) Calculate the mean (expected value) and the standard...

Answered: 1 week ago

Question

★★★★★
3 What kinds of presentations do you think would work best as podcasts? What kinds would not work well? Are podcasts useful outside academia?

Answered: 1 week ago

Question

★★★★★
Consider your specific speech purposewhat are your objectives for your informative speech? Now consider what types of presentation aids might help you achieve your purpose. How might you use aids to...

Answered: 1 week ago

Question

★★★★★
2 Imagine that you have to give an informative speech about a sexual topic in front of your nursing class. How would you approach the subject? Would you handle it differently if you were speaking in...

Answered: 1 week ago

Previous QuestionNext Question