<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 hispanic but I've noticed white people get beat up a lot less by the cops, are usually more respected by retail workers, make the fairest wages, are taken more seriously, and when given shorter criminal sentances
Answer: PPF (production–possibility frontier) is a graphical representation showing all the possible outcomes of output for products using all factors of production, where resources are fully and efficiently utilized. This frontier or curve shifts with varying inputs.
Explanation: The four factors would affect the curve thus;
1. An increase in average length of annual vacations would decrease the amount of labor available thereby the curve will- shift inward
2. An increase in immigration would
increase the amount of labor available resulting in the curve- shifting outward
3. A decrease in the average retirement age would decrease the amount of labor available and the curve will- shift inward
4. The immigration of skilled workers to other countries would decrease the amount of labor available and the curve will - shift inward
Congress did not have the power to regulate foreign and interstate commerce. There was no executive branch to enforce any acts passed by Congress
The pilgrims had intended to settle near the mouth of the hudson river but had been blown off cource in stormy weather they sought to legitimize their venture by forming the mayflower compact
