What is Iceland’s currency?
February 21st, 2010 stanleyI’m doing a report on Iceland, but I can’t find the currency. I think its Euro, but its not part of the EU yet.
I’m doing a report on Iceland, but I can’t find the currency. I think its Euro, but its not part of the EU yet.
When confronted by this question, many of you become quick to lie to me in fear of your foolishness getting revealed and identified. However, when you learn that I offer 10 points to the first person who gives an honest answer, everyone suddenly feels encouraged to confess their decision to their hypothetical "dilemma" in exchange for receiving Best Answer. It is such a clever psychological trap that I have come up with myself. I am such a genius.
Any sound advice?
I have to do a math project and my topic is currency fluctuations. I need a question that I can find the answer to. The four currencies I am working with are the Guyanese Dollar, the Canadian Dollar, the Lebanese Pound, and the Indian Rupee. I Dont have to do these for but the currency must be from international countries.
For comparison. When George Washington got sick right before he died, the doctors thought at the time that sickness was caused by bad blood. So they would put leaches on people and even drain blood right out of the persons body to try and cure them.
Today doctors know better. They know that you need your blood in you to help you fight off whatever infection you have and they know that loss of blood can make you sick and even kill you. So they don’t drain peoples blood any more.
Sometimes doctors put a saline solution into a person through an I V when they have lost a lot of blood. This dilutes the blood but keeps the blood pressure up enough to keep it circulating to critical areas of the body.
Somehow though the current Congress has gotten this idea that you can cure an economy by bleeding it with taxes, or diluting it with inflation. They look at our sick economy, banks that have made bad loans, Businesses that have had to lay off workers, Manufacturers that have lost market share to foreign competition, People that have lost their homes to foreclosure and they think the solution to getting things going again is to increase the tax rates to bring in more money into the government. This is so it can dole out the money and prime the pump in these failing companies. So they Tax and Spend and inflate and pay some bureaucrats to write job descriptions to create new jobs that are green jobs and then they say "have patience. You can’t turn around an ocean liner on a dime. You got to give it all some time to turn around and get some steam up again.
They pass new and higher taxes which takes billions of dollars and millions of jobs out of the economy in order to have a fund which they use to create thousands of jobs and then they say, "have patience. It will take some time to get this thing turned around."
Get a clue politicians. Bleeding didn’t work for George Washington. The treatment is what killed him. Why do you think bleeding the economy through taxation or diluting it through inflation is going to cure it?
Republicans have been supporting big business and deregulation of financial institutions since Reagan forgot was a president. Deregulation has resulted in banks and mortgage companies writing punitive adjustable and balloon loans to people buying their first homes, it also allowed them to create leveraged investment packages that were valued at 10 times what they were really worth, setting up a 10X factor of failure in the economy, when interest rates rose and people couldn’t afford mortgage payments anymore.
This was done in the open with republican support from the politicians and those voting for them. Are republicans trying to destroy our nation?
If the Dollar to Pound Exchange Rate was 0.62613486 on a particular date, what was the Pound to Dollar Exchange Rate on that date? and what is the formula to figure it out? Many Thanx
One of the big issues for the U.S. is China’s currency — considered undervalued by 20 to 40 percent, giving Chinese exporters a competitive edge.
please explain
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