Answer:
The dollar depreciates against the Euro.
Explanation:
When the U.S Federal Reserve lowered nominal interest rates on the dollar as compare to European Central bank lowered on the Euro in the period of 2001-2004.The effect of this decision was that the dollar depreciated against the euro.Since the nominal interest rates on dollar are lower than as compared to that are on Euro.
Answer:
The Mahatma Gandhi National Rural Employment Guarantee Act, 2005 (MGNREGA) was notified on September 7, 2005. The mandate of the Act is to provide at least 100 days of guaranteed wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.
Answer:
Inheritances and differences in skills
Explanation:
Answer:
Among the options given on the question the correct answer is option A.
Should we produce jeans with expensive machinery or less expensive labor.
Explanation: There are many determining factors for producing a specific product. There are requirements to determine about the production system, market, demand of the customer.
However , one of the important factor to produce a specific product is to determine the process. Like in the excerpt it is said that how to produce the jeans.In the first option it is said whether to use expensive machinery or less expensive labor. Now the fact is that the production type will be different if the system is changed.
Like as the if the expensive machinery is used for the production the price of the product will be high and the quality will be better.On the other hand if the less expensive labor is used the price will be lower.
Therefore,the option A best illustrates how to produce a specific product.
