Each currency has a changing value relative to other currencies. This is referred to as a<u> "currency's exchange rate."</u>
An exchange rate is the rate at which one currency will be exchanged for another, it is additionally viewed as the estimation of one nation's cash in connection to another currency.
Exchange rates are resolved in the foreign exchange market, which is available to an extensive variety of various sorts of purchasers and venders, and where money exchanging is ceaseless: 24 hours daily aside from ends of the week.
Answer:
less than $60 per share
Explanation:
A put option is the money when the exercise price is greater than the asset price, thus the put has to be less than $60
Answer:
- 10%
- (will increase in the short run) but in the long run it will return to the potential output level.
Explanation:
If the money supply is increased by 10%, the inflation rate will also increase by 10%.
In the short run the economy will be able to produce an output which is higher than the potential GDP, but once the inflation rate catches up, both the unemployment rate will increase and the real GDP will return to its potential output level.
For me, the incorrect passage would be "Investments and lending have risen". In an economic downturn, investors are reluctant to put money on a market that is experiencing losses.
Economists warn of an economic downturn. Prices have skyrocketed. Unemployment is up as businesses move up to reduce <span>costs. The Fed considers lowering discount rates and reserve requirements to increase monetary circulation.</span>
