Scottish independence referendum had passed
Course:- Business Economics
Reference No.:- EM13795684

Assignment Help
Assignment Help >> Business Economics

Suppose (contrary to fact) that the Scottish independence referendum had passed, Scotland had become independent, and you became its finance minister. Your first order of business is to recommend a currency for Scotland. Three proposals have been made: that Scotland adopt its own currency, that it use the English pound, and that it use the Chinese Yuan (formally, the renminbi). Please make a recommendation to the Scottish parliament. Rank all three alternatives and explain why you rank them that way.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
How are final goods that are unsold and held in inventory accounted for in the national income accounts? If the Federal government consistently runs deficits, and nothing else
By using an AD-AS model (Keynesian), what are the effects of a recession (which was caused by a decrease in aggregate demand). Assume economy started at general equilibrium. L
A stranger approaches you in the hospital parking lot and identifies himself as a lawyer who would like to help people and he would like to give you some of his business cards
Political scientist Garry Wills stated if leader is just an expediter of what other people wish, a resource for their use, the people are not being led but serviced.
Since 2009, the Federal Reserve has been unable to stimulate the US economy sufficiently enough to generate 3-5% annual growth in GDP,despite keeping shorts-term interest rate
Calculate the price elasticity demand for bus rides. Next, suppose that the bus schedule is changed so that buses are 10 percent more frequent and that rider-ship subsequently
How do you use the cost minimization factor come up with $16 for the price of land for the below question: You run a small farm. You employ workers, you rent land and you rent
Suppose the European Union (EU) is investigating a proposed merger between two of the largest distillers of premium Scotch liquor. Based on some economists’ definition of the