Decline in the value of the domestic currency
Course:- Business Economics
Reference No.:- EM13891953

Assignment Help >> Business Economics

Foreign exchange rate stability is important because a decline in the value of the domestic currency will ________ consumers, and an increase in the value of the domestic currency makes domestic industries ________ competitive with competing foreign industries. A) hurt; more B) benefit; less C) benefit; more D) hurt; less

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
A government is offering a 10 year contract for off-shore drilling rights. The highest bonus bid is $5 million dollars. However, another firm offers to $800,000 per year for 1
You’re the manager for a college football team. Assume you own the stadium and the variable cost per attendant is $0. You’ve been told by your in-house economist that you shou
calculated the price to be $7 and quant to be 5 on first part. After, I thought the price would be $7.67. Is this correct? and if not, please explain.  show the changes in
Suppose there are n identical firms in a market. Each firm’s cost function is given by C = 25 + q2, where q is the amount that an individual firm produces. How much output wil
Suppose that legalizing the use of marjuana would decrease its price by 93%. If the price elasticity of demand for marjuana is -2.00, what would be the percentage increase in
Fiscal policy changes automatically when output and employment fluctuate a. Explain why tax revenue changes during a recession b. Explain why government spending changes durin
Gross Domestic Product is defined as.  If we add up the value of every final good and service produced in the economy, we must get a total that is exactly equal to the value o
Read article, "Distance Still Matters" by Pankaj Ghemawat and in three paragraphs, write 3 lessons that you took away from the article and how would you apply it to real lif