<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:
when Neil Armstrong stepped onto the moon for the first time
Explanation:
The recognition of an unwelcome or harmful matter needing to be dealt with Problem Identification.
It is the first step in the process of problem solving. This step identifies and define the problem. Problem identification is used to seek solutions to resolve problems.
During the election of 1824, Andrew Jackson lost to John Quincy Adams. No one got the majority needed to be president, so the decision got sent to the House. Jackson had more votes (99) than Adams (84), but Adams ended up winning due to some "corrupt bargain" with Henry Clay, who influenced the House to vote Adams instead of Jackson.
Answer:
- Effective, but not efficient.
Explanation:
Leadership is associated with a blend of effective as well efficient performance to attain the quality goals within a specified time-limit.
As per the given description, Brenda would be called an <u>'effective, but not efficient'</u> manager as she, however, produced the desired quality results effectively but could not ensure the 'maximum utilization of time'(as she took more time as compared to the other managers). This wastage or not using time efficiently demonstrates that she was effective but not efficient as she failed to employ the resources in the supreme possible manner.
