Question
1. (a) At present 1 USD is equivalent to 85 Taka. Use this information to discuss the concept of appreciation and depreciation? (b) Appreciation of
1.
(a) At present 1 USD is equivalent to 85 Taka. Use this information to discuss the concept of
appreciation and depreciation?
(b) Appreciation of Bangladeshi Taka will make import of products from the USA cheaper - Is it
a right statement? Logically explain.
(c) 1 USD = 85 Taka. The price level in Bangladesh is 6% while in USD it is 3.2%. What is the
the real exchange of Taka in terms of the dollar?
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
