<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: A
When the Europeans came to America, they were in search of land. But Native Americans occupied much of the land. So, Europeans went to war with them and killed many.
Hope it helpes!
The ancient japanese culture that used cords to mark pottery was the... “Jomon Period”
Answer: C) denomination
Explanation:
Denomination of Hinduism is defined as the trait in which different god and goddess are worshiped .People in this tradition welcome concept of other deities and allow celebration and practices of their groups. These are usually divided into four sections Vaishnavism, Shaivism, Shaktism and Smartism.
According to the question,Jay belongs to denomination of Hinduism section as he addresses concept of other religious groups and welcomes their practices as truth.
Other options are incorrect because cult , sect, faction and symbol are not the religious subgroup classification category for Jay, in terms of Hinduism .Thus, the correct option is option(C).
