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)
-
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 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)
-
Describe the classical theory of money supply
(Solved)
Describe the classical theory of money supply
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)
-
What are the challenges faced by clearing and forwarding firms?
(Solved)
What are the challenges faced by clearing and forwarding firms?
Date posted:
July 29, 2019
.
Answers (1)
-
Differentiate between an inflationary gap and the deflationary gap
(Solved)
Differentiate between an inflationary gap and the deflationary gap
Date posted:
July 18, 2019
.
Answers (1)
-
Derive the balanced budget multiplier
(Solved)
Derive the balanced budget multiplier
Date posted:
July 18, 2019
.
Answers (1)
-
What factors cause a shift in the IS curve
(Solved)
What factors cause a shift in the IS curve
Date posted:
July 18, 2019
.
Answers (1)
-
derive of the IS equation using the expenditure approach and assuming the absence of government.
(Solved)
Derive the IS equation using the expenditure approach and assuming the absence of government.
Date posted:
July 18, 2019
.
Answers (1)
-
Describe the life cycle income hypothesis of consumption
(Solved)
Describe the life cycle income hypothesis of consumption
Date posted:
July 18, 2019
.
Answers (1)
-
Describe the ratchet effect
(Solved)
Describe the ratchet effect
Date posted:
July 18, 2019
.
Answers (1)
-
Describe the absolute income hypothesis of consumption
(Solved)
Describe the absolute income hypothesis of consumption
Date posted:
July 18, 2019
.
Answers (1)
-
Highlight the factors that determine the size of an economy’s National Income
(Solved)
Highlight the factors that determine the size of an economy’s National Income
Date posted:
July 18, 2019
.
Answers (1)
-
What are the difficulties involved in the measuring of National Income
(Solved)
What are the difficulties involved in the measuring of National Income
Date posted:
July 18, 2019
.
Answers (1)
-
Identify the approaches to the measurement of national income
(Solved)
Identify the approaches to the measurement of national income
Date posted:
July 18, 2019
.
Answers (1)
-
Distinguish between leakages and injections in the economy giving examples
(Solved)
Distinguish between leakages and injections in the economy giving examples
Date posted:
July 18, 2019
.
Answers (1)