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Balance of payments account:
The foreign exchange market is an organizational setting within which individuals, business firms, banks etc buy and sell foreign currency. It has no centralised meeting place and not limited to one country.A fixed exchange rate regime is where the external value a country’s currency is determined by explicit government policy and fixed at a certain amount of the domestic currency per unit of foreign currency.
Periodic changes in the exchange rate by government are described as devaluation or revaluation Devaluation refers to the deliberate reduction in the external value of a domestic currency. On the other hand, revaluation is a deliberate increase in the value of a country’s currency relative to other currencies.
What are the Policies and Long-Run Growth In many concerns it is decidedly odd that world distribution of output per worker is as unequal as it is. Migration, World trade and f
Question: (a) With the help of diagrams, explain how the price and quantity demanded or supplied of fuel will change under the different scenarios: (i) Consumers expect a fu
americana is a small country that produces and consumes jelly beans. The world price of jelly beans is $1 per bag, americana''s demand and supply for jelly beans are governed by th
A firm has two plants. One plant produces according to a cost function cl (91) = Yf. The other plant produces according to a cost function c2(y2) = Yg. The factor prices are fixed
Ask factor affects elasticity of demandquestion #Minimum 100 words accepted#
Uses of population census: It is used to determine the size and the growth rate of the population at a country. The helps the government in planning for education, transporta
what is the homogeinity of demand function wrt prices and income
What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?
Hello there! I am currently doing an MBA course about the financial crisis which is quite challenging. Today we were given a question about the topic: Long term capital management
a) The four-firm concentration ratios for the following industries have been found from the Economic Census for Manufacturing (NAICS 31-33) as follows. The four-firm concentration
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