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3 years ago

What three factors influence the value of a country’s currency?

Business

2 answers:

kondor19780726 [428]3 years ago

7 0

Economics conditions, political stability and balance of payments 3

Ber [7]3 years ago

7 0

Explanation:

The three main factors that can affect the currency of a country are:

Economic Conditions: The economy of the country directly affects the currency of the country. There are many factors that may influence the appreciation or depreciation of the country's currency. These factors may include Inflation, GDP, Unemployment Rate, Non Farm Payroll, etc. With the increase or decrease of important indicators, the currency would appreciate or depreciate accordingly.
Political Conditions: With the stability in politics, the currency also stays stable and if there is a instability in the political environment, the currency is also affected in a negative way usually.
Balance of Payments: It is the difference between the amount of money transacted out of the country and the amount of money transacted into the country. The currency is also dependent upon the result of this factor.

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3 years ago

Read 2 more answers

Warehouse W’s revenue from the sale of sofas was what percent greater this year than it was last year? (1) Warehouse W sold 10 p

4vir4ik [10]

Answer:

1) 10%

2) Depends on the selling price

Please see the attachment

Explanation:

We have 2 scenarios. In both cases we have to calculate the income as the product of the selling price by the units sold, and then we must calculate the increasing percentage to compare the actual value with the last year value.

Let's see the attachment and consider that:

P is the selling price of the sofas

x is the units sold

So, the income is the result of the selling price, by the units sold, respectively for each year. Then, the increase is the ratio between the actual year income minus last year income, over last year income. Finally, the increase percentage is the result of multiplying the increase value, by 100.

We can conclude that for the first scenario, the selling increase percentage is 10%, meanwhile, for the second scenario, the selling increase percentage depends on the selling price; that means, the higher the selling price, the increase percentage will be lower, but anyway, there will be increase.

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