In a flexible exchange rate regime, the exchange rate is determined by the market forces of demand and supply while in a fixed exchange rate regime, the government determines the value of the exchange rate of a country and the central bank maintains it by actively participating in the foreign exchange market
Dana05 answered the question on August 14, 2019 at 07:35
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Define the following terms: Exchange rate, Depreciation of the currency, Devaluation Appreciation, Terms of trade
(Solved)
Define the following terms:
- Exchange rate
- Depreciation of the currency
- Devaluation
- Appreciation
- Terms of trade
Date posted:
August 14, 2019
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Answers (1)
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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
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Answers (1)
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(Solved)
Why is the balance of payments curve positively sloped
Date posted:
August 14, 2019
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What is the balance of payments made up of?
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What is the balance of payments made up of?
Date posted:
August 14, 2019
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Answers (1)
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Give the definition of balance of payments
(Solved)
Give the definition of balance of payments
Date posted:
August 14, 2019
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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Describe the classical theory of money supply
(Solved)
Describe the classical theory of money supply
Date posted:
August 14, 2019
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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
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Answers (1)
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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
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Answers (1)
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Differentiate between an inflationary gap and the deflationary gap
(Solved)
Differentiate between an inflationary gap and the deflationary gap
Date posted:
July 18, 2019
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Answers (1)
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Derive the balanced budget multiplier
(Solved)
Derive the balanced budget multiplier
Date posted:
July 18, 2019
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Answers (1)
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What factors cause a shift in the IS curve
(Solved)
What factors cause a shift in the IS curve
Date posted:
July 18, 2019
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Answers (1)
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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
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Answers (1)
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Describe the life cycle income hypothesis of consumption
(Solved)
Describe the life cycle income hypothesis of consumption
Date posted:
July 18, 2019
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Answers (1)
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Describe the ratchet effect
(Solved)
Describe the ratchet effect
Date posted:
July 18, 2019
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Answers (1)
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(Solved)
Describe the absolute income hypothesis of consumption
Date posted:
July 18, 2019
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Answers (1)
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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
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Answers (1)
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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
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Answers (1)
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Identify the approaches to the measurement of national income
(Solved)
Identify the approaches to the measurement of national income
Date posted:
July 18, 2019
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Answers (1)