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Q. Determine the Exchange rate?
Exchange rate is determined by the ratio of domestic price level to the foreign price level. If, for instance domestic prices increase by 10% whereas foreign prices are constant, domestic currency will depreciate by 10% against foreign currency.
With this assumption, imports and exports may be assumed to be independent of the domestic price level. If domestic prices increase by 10% whereas the currency loose 10%, price of domestically produced goods abroad would be unchanged.
The elasticity of demand in the local hardware industry is -2, while in the video market it is. Which industry has a higher markup over marginal cost (as a percentage of price)?
n 2013, approximately 58 percent of the adult population (245 million) was employed, the lowest employment rate in 20 years. If the employment rate increased to the prerecession l
Thread less is an example of a firm building on its customer base to use new products and also to participate in the design and vetting of popular designs. In the summer of 2010, D
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critically analyse the ways at which the govement of zimbabwe has put in place to address unequal employment opportunitiesbetween men andwomen
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Maximum profits will occur at the output level where is the greatest vertical distance between Total Revenue(TR) AND Total Cost(TC. uSE THE TOTAL REVENUE-TOTAL COST CURVES TO Illus
acceptedcapital structure theories
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