<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.
Answer:
The government has a duty to ensure that its citizens physiological needs and safety needs are met, and also has a duty to help its citizens meet their love, belonging, and esteem needs.
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Answer: Energy is defined in science as the ability to move matter or change matter in some other way. Energy can also be defined as the ability to do work, which means using force to move an object over a distance. When work is done, energy is transferred from one object to another. Hopefully i helped
Explanation:
Answer: <em>Option (B) is correct.</em>
Explanation:
Cultural leadership is known as the act under which one leads the cultural sector. It is derived from many individual and thus can be utilized in several ways. It mostly concerns directors and managers in several cultural institutions where top hierarchical officials develop and implement policy for their cultural sector and also consists of diverse range of innovators, producers and entrepreneurs in organization, production teams and houses.