Answer:
$307.38
Explanation:
6% = 0.06
0.06 X 5123 =307.38
Could you please mark brainliest :)
Both have women rights within the government
i’m sorry if i’m wrong my apologies:)
<u>Answer:</u>
According to the International fisher effect , for any two countries, the spot exchange rate should change in an equal amount but in the opposite direction to the difference in nominal interest rates between the two countries.
<u>Explanation:</u>
- International fisher effect states that if there is difference in nominal rate in two countries then this might affect the exchange rate of the two countries.
- If any country has higher nominal interest then there is a higher chance of inflation which might result in depreciation in there currency.
- For example XYZ country has 8% nominal interest and another ABC country have 10%. If we look closely, country ABC will be more appreciable but the country with higher interest will have higher inflation rate.
- So, inflation depreciates the currency of country as compared with the country with low nominal interest.
I'm guessing C. <span>"My sadness spreads as smooth and soft as a vapor."</span>
