<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.
Moctezuma II, variant spellings include Montezuma, Moteuczoma, Motecuhzoma, Motēuczōmah, Muteczuma, and referred to in full by early Nahuatl texts as Motecuhzoma Xocoyotzin, was the ninth tlatoani or ruler of Tenochtitlan, reigning from 1502 to 1520. The ninth ruler of the Aztec empire, Montezuma II (1466-1520) was seized by the Spanish conquistadores, who used him to control and rule the empire. Montezuma was born in Tenochtitlán, capital of the Aztec empire, and the present site of Mexico City.
Answer: b/c fewer people may stay at hotels
Explanation:
i’m pretty sure this is the only logical reason
Answer:
self-concept; working self-concepts
Explanation:
Self-concept can be described or explained as an individual perception of one self or behavior. This can be explained further as the mental picture that one has about himself/herself.
Some examples of self-concept are , when an individual sees himself/herself as an intelligent person, and when a man/woman sees himself/herself as a good spouse.
In this case, Sarah is showing an act which is termed as self-concept because she was showing the mental picture of herself, but in a working manner.
I believe it is called literacy rate.