Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Change in Currency Rate
Change in the sterling currency rate has also great consequences because it depends upon the sterling currency rate to the other countries as well. As end of the day if will have significant effect on the import and export. If the sterling rate is low considering to the other countries then it is obvious that we will import goods from the other countries and on the other hand if the rate is high then we will hesitate to import goods to the uk because as we will be paying extra money to the other countries .
As for example if the 1 pound rate is equal to the EU euro is 1.77 at the minute which used to be 1.30 euro as few years back. So that's why we have less import to the uk at the moment and that's why the demand is greater than the supply.
This relationship between currency rate and the demand can be shown as aggregate demand formula
AGGREGATE DEMAND = C + I + G (X - M)
Where c is taken as consumer and I is abbreviated as investment and G is Government expenditure. Where x is as export and m is for the import.
Nathan is a successful public relations (PR) consultant, thanks to an outgoing personality and sharp intelligence. At 35, he is near the height of his earnings potential, at around
The Wallpaper Shop, Inc., is a rapidly growing chain of wallpaper shops that caters to the do-it-yourself home remodeling market. During the past year, 15 stores were operated in s
Types of Transaction on the Capital Account are stated below: It is useful to recall the basic types of transactions recorded on the capital account: foreign portfolio investme
QUESTION (a) Explain and discuss the Structure Conduct Performance framework (b) The hypotheses of interest in the Structure Conduct Performance framework are as follows- H
Managerial economics bridges the gap between economic theory and practice
Find quantity supplied and quantity demanded: Suppose there are 300 used cars, with 3 quality levels: bad, medium, and good. A seller knows the quality of his car but a buyer
Ask question critically evaluate the two main utility theories #Minimum 100 words accepted#
What are the restrictions of dependency theory? The restrictions of dependency theory: • Self sufficiency and import-substitution strategy mean the advantages of Internatio
which product we choose
Assume the marginal propensity to consume (MPC) is 0.9. Starting from equilibrium, investment demand enhances by 50. How much does equilibrium income enhance? Show the calcul
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd