If a nations currency doubles in value on foreign exchange markets, the currency is said to _________,
Question:
If a nation’s currency doubles in value on foreign exchange markets, the currency is said to _________, reflecting a change in the _________ exchange rate.
a. appreciate; nominal
b. appreciate; real
c. depreciate; nominal
d. depreciate; real
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions 1. Comparing the U.S. economy today to that of 1950, one finds that today, as a percentage of GDP, a. Exports and imports are both higher. b. Exports and imports are both...
-
Assume that U.S. and Argentine investors require a real return of 2 percent. If the U.S. nominal interest rate is 5 percent, and Argentina's nominal interest rate is 7 percent, then according to the...
-
1. Assume that U.S. and Argentine investors require a real return of 2 percent. If the U.S. nominal interest rate is 5 percent, and Argentina's nominal interest rate is 7 percent, then according to...
-
1. Let f(x) = 2x+6 if x < -1 3x+2 if x -1 (a) What is lim, -1- f(x)? Your answer will depend on b. (b) What is lim,-1+ f(x)? (c) For what values of b does limx-1 f(x) exist? 2. Suppose that f and g...
-
Claw Inc. projected the following sales data for the first six months of next year: January, $30,000; February, $20,000, March, $40,000; April, $44,000; May, $46,000; and June, $52,000. Twenty-five...
-
Gosnell Company produces two products: squares and circles. The projected income for the coming year, segmented by product line, follows: The selling prices are $30 for squares and $50 for circles....
-
2 How are rational decisions made, according to classical decision-making theory? To what extent is effective decision-making an orderly and systematic process?
-
You are given the following sample data for variables y and x : a. Develop a scatter plot for these data and describe what, if any, relationship exists. b. (1) Compute the correlation coefficient....
-
SECTION 3: CASE STUDY 2 (20 Marks) Privacy and data breaches appear to be in the news more often than we like. This could be related to the lack of cyber security of many organisations. You are the...
-
If the U.S. dollar appreciates and prices remain the same at home and abroad, foreign goods become _________ expensive relative to American goods, pushing the U.S. trade balance toward _________. a....
-
If the value of a nations imports exceeds the value of its exports, which of the following is NOT true? a. Net exports are negative. b. GDP is less than the sum of consumption, investment, and...
-
Refer to the data given for Olivier Corporation in BE14.6. Assume that the profit before income tax of $320,000 is from $500,000 of revenue and $180,000 of operating expenses. Prepare an income...
-
The curved rod has a diameter \(d\). Determine the vertical displacement of end \(B\) of the rod. The rod is made of material having a modulus of elasticity of \(E\). Consider only bending strain...
-
If the inertial measurement system were written in C++ according to the design fragment described in Chapter 5, describe the testing strategy you would use. If possible, try to design some test cases.
-
Determine the displacement at point \(C\) of the W14 \(\times 26\) beam made from A992 steel. 8 kip A -5 ft 5 ft. B C -5 ft 5 ft- 8 kip D
-
The beam is subjected to the loading shown. Determine the slope at \(B\) and displacement at \(C\). \(E I\) is constant. Ta Mo C b B
-
A mass, connected to a damper as shown in Fig. 14.30, is subjected to a force \(F(t)\). Find the frequency-response function \(H(\omega)\) for the velocity of the mass. m F(t) y(1) FIGURE 14.30...
-
Marthas RRSP is currently worth $97,000. She plans to contribute $5000 at the beginning of every six months until she reaches age 58, 12 years from now. Then she intends to use half of the funds in...
-
On August 31, 2012, the balances of the accounts appearing in the ledger of Wood Interiors Company, a furniture wholesaler, are as follows:Prepare the August 31, 2012, closing entries for Wood...
-
What is a competitive market? Briefly describe a type of market that is not perfectly competitive.
-
What are the demand schedule and the demand curve, and how are they related? Why does the demand curve slope downward?
-
Popeyes income declines, and as a result, he buys more spinach. Is spinach an inferior or a normal good? What happens to Popeyes demand curve for spinach?
-
A stock is expected to pay a dividend of $1.50 at the end of the year (i.e., D 1 = $1.50), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the...
-
The Hobby Shop has a checking account with a ledger balance of $1,700. The firm has $2,400 in uncollected deposits and $4,200 in outstanding checks. What is the amount of the disbursement float on...
-
An investment will pay you $34,000 in 11 years. If the appropriate discount rate is 6.1 percent compounded daily, what is the present value? (Use 365 days a year. Do not round intermediate...
Study smarter with the SolutionInn App