Describe how exchange rate is expressed, Macroeconomics

Assignment Help:

Describe how exchange rate is expressed in some nation

In some nations, exchange rate is expressed using home currency as base currency. In UK for instance, Danish exchange rate would be expressed as 9.2 DKK/GBP. Hence, you have to invert exchange rate if you want to figure out how much one unit of a foreign currency costs in UK. This method is known as the indirect method of specifying exchange rate and notation is sometimes termed as British notation.

Related Discussions:- Describe how exchange rate is expressed

Right to sell blood, Singer suggests that although the right to sell blood ...

Singer suggests that although the right to sell blood does not threaten the formal right to give blood, it is incompatible with "the right to give blood, which cannot be bought, wh

frame work, Hello sir, madam... I am hassan PHD student. I''m lost to get...

Hello sir, madam... I am hassan PHD student. I''m lost to get a good frame work of my thesis about e government and economic growth. and I need to know how to measure the variable

Commercial transactions in blood from the egoistic, Examine the pros and co...

Examine the pros and cons of commercial transactions in blood from the egoistic, the utilitarian, and the Kantian perspectives.

Explain the real wage with example, Explain the Real wage with example ...

Explain the Real wage with example Consider following scenario. You work full time and during January 2008 you make 2000 euro after tax. A specific basket of services and good

Multiplier, concept of multiplier - static and dynamic

concept of multiplier - static and dynamic

Lag length criteria, Lag Length criteria VAR Lag Order S...

Lag Length criteria VAR Lag Order Selection Criteria Endogenous variables: OIL EXCH R RPI LUNEMP GDP

What are the four different measures of gdp, What are the Four different me...

What are the Four different measures of GDP Using circular flow model we see that there are 4 equivalent techniques of measuring GDP: Using the definition: market value

Macroeconomics policy, explanations to the short-run fluctuation and pilicy...

explanations to the short-run fluctuation and pilicy prescriptions of the schools macroeconomics thought

Money market with inflation and constant money supply growth, Q. Money mark...

Q. Money market with inflation and constant money supply growth? If π M = π and π e = π, both IS- and LM-curve will be fixed. Figure: The money market with inflatio

Pseudoreplication, Give your own example of "pseudoreplication" (sensu Hurl...

Give your own example of "pseudoreplication" (sensu Hurlbert 1984) in an experiment. How does pseudoreplication cause problems for correct inferences from experiments?

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages