Get premium membership and access questions with answers, video lessons as well as revision papers.
Exchange rate is the price of one currency in terms of the currency of another country
Depreciation of the currency is the decline brought about by a market force in the price of a domestic currency in terms of a foreign currency
Devaluation of the currency is a decline brought about by the intervention of the government in the price of a domestic currency in terms of a foreign currency
Appreciation of the currency is the rise brought about by the market forces in the price of a domestic currency in terms of a foreign currency
Terms of trade is the ratio of exchange between the exports and imports of a country
Dana05 answered the question on August 14, 2019 at 07:34
- Briefly explain the factors that cause a shift in the balance of payments curve (Solved)
Briefly explain the factors that cause a shift in the balance of payments curve
Date posted: August 14, 2019. Answers (1)
- Why is the balance of payments curve positively sloped (Solved)
Why is the balance of payments curve positively sloped
Date posted: August 14, 2019. Answers (1)
- What is the balance of payments made up of?(Solved)
What is the balance of payments made up of?
Date posted: August 14, 2019. Answers (1)
- Give the definition of balance of payments (Solved)
Give the definition of balance of payments
Date posted: August 14, 2019. Answers (1)
- Explain the factors that cause changes in the general equilibrium (Solved)
Explain the factors that cause changes in the general equilibrium
Date posted: August 14, 2019. Answers (1)
- The following equation describe a certain economy
C = 400+ 0.75T
I = 200 - 100r
T = 70 + 0.2Y
G = 100
Money supply = 4000
Money demand...(Solved)
The following equation describe a certain economy
C = 400+ 0.75T
I = 200 - 100r
T = 70 + 0.2Y
G = 100
Money supply = 4000
Money demand = 0.2Y – 10r
Find the values of Y, C, T, M and I
Date posted: August 14, 2019. Answers (1)
- What is the effect of decrease in income on the interest rate?(Solved)
What is the effect of decrease in income on the interest rate?
Date posted: August 14, 2019. Answers (1)
- What is the effect of increase in income on the interest rate?(Solved)
What is the effect of increase in income on the interest rate?
Date posted: August 14, 2019. Answers (1)
- What is the effect of decrease of money supply on the interest rate?(Solved)
What is the effect of decrease of money supply on the interest rate?
Date posted: August 14, 2019. Answers (1)
- What is the effect of increase of money supply on the interest rate?(Solved)
What is the effect of increase of money supply on the interest rate?
Date posted: August 14, 2019. Answers (1)
- Describe the classical theory of money supply (Solved)
Describe the classical theory of money supply
Date posted: August 14, 2019. Answers (1)
- What is the velocity of money in an economy?(Solved)
What is the velocity of money in an economy?
Date posted: August 14, 2019. Answers (1)
- Describe the modern quantity theory of money (Solved)
Describe the modern quantity theory of money
Date posted: August 14, 2019. Answers (1)
- Explain the factors that influence the modern quantity theory of money
(Solved)
Explain the factors that influence the modern quantity theory of money
Date posted: August 14, 2019. Answers (1)
- Describe how the liquidity trap occurs in an economy (Solved)
Describe how the liquidity trap occurs in an economy
Date posted: August 14, 2019. Answers (1)
- Describe the speculations motive for holding money according to Keynes (Solved)
Describe the speculations motive for holding money according to Keynes
Date posted: August 14, 2019. Answers (1)
- Describe the precautionary motive for holding money according to Keynes (Solved)
Describe the precautionary motive for holding money according to Keynes
Date posted: August 14, 2019. Answers (1)
- Describe the transactions motive for holding money according to Keynes (Solved)
Describe the transactions motive for holding money according to Keynes
Date posted: August 14, 2019. Answers (1)
- Briefly explain the factors that affect the amount of money held for the transactions motive (Solved)
Briefly explain the factors that affect the amount of money held for the transactions motive
Date posted: August 14, 2019. Answers (1)
- According to Keynes, how is the transactions demand for money affect by the interest rate (Solved)
According to Keynes, how is the transactions demand for money affect by the interest rate
Date posted: August 14, 2019. Answers (1)