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Lyrx [107]
3 years ago
9

Why do you think the American people choose to elect president Roosevelt in 1932 instead of Re-electing President Herbert Hoover

Social Studies
2 answers:
marusya05 [52]3 years ago
6 0
Can some one pls help me because i realy need help for a quiz

fomenos3 years ago
6 0

B. He believed that Taft would continue to push for increased reforms.

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According to the _____, for any two countries, the spot exchange rate should change in an equal amount but in the opposite direc
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<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.

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  • 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.
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  • 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.
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