Under the gold standard the fixed price of gold was $20.67 per ounce in the united states. the fixed price of gold was £4.2474 per ounce in britain.
a. what is the "fixed" exchange rate (dollars per pound) implied by these fixed gold prices?
b. how would you arbitrage if the exchange rate quoted in the foreign exchange market were $4.00 per pound? (under the gold standard, you could buy or sell gold with each central bank at the fixed price of gold in each country.)
c. what pressure is placed on the exchange rate by this arbitrage?

Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

You have learned that there are many ethical concerns surrounding genetic research, and it's important to be familiar with them. for this project, you will write a persuasive essay about an ethical question in biotechnology. directions the goal of a persuasive essay is to convince people to agree with you. it is important to support your opinion with facts. a persuasive essay is not simply a description of your beliefs. be sure to organize your information, give clear examples, and build your argument carefully. read the following genetics topics below. choose a topic and then decide what side you are on. remember that there is no "right" or "wrong" side. ethical questions often have many points of view. research your topic and write a 400 word persuasive essay. topic 1: should insurance companies have the right to learn the genetic profiles of the people they insure? topic 2: should employers have the right to learn the genetic profiles of the people they hire? are there special considerations for employees in jobs in which there is a high risk to others, such as airline pilots, doctors, or bus drivers? topic 3: should scientists who identify genes and create new genetic engineering techniques have the right to patent their methods for their own profit?

Which of these is not a result of regular exercise