All categories

3 years ago

n an open economy, why is the supply curve for dollars in the foreign-currency exchange market vertical?

Business

1 answer:

Zarrin [17]3 years ago

4 0

Answer:

In an open economy, the supply curve for dollars in the foreing-currency exhange market is vertical, because the supply does not depend on the exchange currency rate.

The supply of dollars in an open economy depends on the interest rate, which is determined by the difference between imports and exports (which is the same as the difference between purchases and sales of foreign capital).

You might be interested in

Fiber Cable Corp. negotiated a deal with Argentina under which Fiber Cable would build three cable manufacturing sites in the co

timofeeve [1]

Answer:

A buyback.

Explanation:

This deal negotiation with Argentina is a buyback. This is when a company buys its own outstanding shares to bring down the quantity of shares available on the open market

7 0

3 years ago

Match your vocabulary word with the phrase that defines it. 1 . how land is used in cities overurbanization 2 . a situation in w

Stella [2.4K]

1. How land is used in cities – URBAN FORM

2. A situation in which resources are being used up at a faster rate than they can be replaced – UNSUSTAINABLE DEVELOPMENT

3. A situation in which more people live in an area than the area can provide services for – OVER-URBANIZATION

4. The increase in the population of a city – URBANIZATION

5. An area's ability to meet its needs without reducing its ability to meet its future needs – SUSTAINABLE DEVELOPMENT

7 0

3 years ago

"Mr. Tudor," said Judy, "Tom Pritchett suggested I contact you about our new computerized Civil War reenactment game." In this e

Grace [21]

Answer:

Referral

Explanation:

Referral is the term which is described as the act or way of telling someone or a person regarding the positive features or attribute of the business or the person, who is being referred by the person.

For example, referral is telling someone or person that the certain business or the person having a good product or the service, and then that person visit the place.

Under this scenario, Tom referred Tudor to contact them regarding the new game. So, it is an example which the Judy uses referral method or way with Tudor.

6 0

3 years ago

What is the term for a division of stock that gives stockholders a greater number of shares but does not change each individual'

Nookie1986 [14]

Stock split or stock divide

5 0

3 years ago

If you want to become a firefighter what are some steps you need to take to get there?

bearhunter [10]

Answer:

Explanation:

1: Make Sure You're Fit to be a Firefighter.

2: Meet the Requirements & Take the Tests.

3: Prepare for a Firefighting Career: Education Options.

4: Become Trained as an EMT.

5: Receive Firefighter Training at a Fire Academy.

6: Apply to Your Firefighting Dream Jobs.

3 0

3 years ago