<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 correct answer is option E. "The government implemented a generous welfare plan 3 years ago to support people who cannot find work".
Explanation:
If the government of Concordia implemented a generous welfare plan 3 years ago to support people who cannot find work, it is very likely that nowadays a portion of the population is still being benefited from this plan. This situation will avoid that the unemployment rate in the country will go down, even though the government implemented adopted expansionary fiscal policies.
According to Lofland’s scheme, Wang is likely to be focused
on the magnitudes. Magnitude is being defined in psychology as the ability of
an individual to be able to discriminate when there are two available stimuli
that are likely different from one another.
Answer:
Explanation:
One conclusion I can draw is that humans, in a way, are pack animals, and needed to stay together to survive. They stayed together to hunt, live, and reproduce.
