What does it mean to say that a currency appreciates? depreciates? becomes stronger? becomes weaker?

1 answer:

6 0

When a currency appreciates, it means it increased in value relative to another currency; Depreciates means depreciation or depreciation relative to other currencies. It is often said that the dollar is strong when it is bought by equal or greater value in another currency. If the purchase amount is less than the equivalent, it is weak.

An example of a currency would be the US banknotes you have on hand. It is one of the coins issued by the United States, along with pennies, nickels and quarters. Currencies are also banknotes and coins issued by governments of other countries around the world.

Currency is anything of general value as a medium of exchange that can be exchanged for goods and services. The trading system within an economy is based on a currency, usually country-specific and issued by that country's government.

Learn more about currency here:brainly.com/question/24373500

#SPJ4

You might be interested in

Now suppose the U.S. government does not know the demand curve for pollution and, therefore, cannot determine the optimal tax to

vladimir1956 [14]

https://www.chegg.com/homework-help/questions-and-answers/power-stations-emit-sulfur-dioxide-waste-product-generates-cost-society-paid-firm-therefor-q7518299

4 0

3 years ago

A sole proprietorship:

vovangra [49]

Answer:

D. has its profits taxed as personal income.

Explanation:

Characteristics of a sole proprietorship :

1. It Is Owned by one person

2. The onwer has an unlimited liability.

3. It doesn't usually have an unlimited life. It usually ends with the death of the owner.

4. Profits are taxed as personal income.

5. It is very easy to form. It requires little legal cost.

3 0

3 years ago

For which of the following random variables would the use of a Normal distribution as a model be a clear error?

Zinaida [17]

Answer:

A. The number of houses that an individual owns

Explanation:

The use of normal distribution in option A would produce an error. That is the number of houses individuals own.

We know that people can own 1 house or more than 1 house or no house at all. But a person can never be said to have less than 0 houses.

Option a is going to be skewed positively. Using Normal distribution would give us an error.

8 0

2 years ago

When the actual reserves held by a bank exceed the legal requirement

kipiarov [429]

This is known as "excess reserves."

Many banks will choose to loan the excess reserves out to customers and earn money from the collected interest.

6 0

3 years ago

Sin Qua Corporation is a company listed on the stock exchange and issued corporate bonds. which statement is most likely true?

garri49 [273]

Answer:

joe mama knows everything

8 0

2 years ago