Higher interest rates mean that if you invest money in a given currency, you will get a bigger return of this money. So higher interest rates attract people to this currency, especially to place their savings in this currency.
This will mean that people will buy this currency: the demand for it will increase, and with an increased demand, the value of the currency will increase.
So higher interest rates are a force that will lead to an increase of the value of this currency. Together with other forces that will lead to a decrease of this value, they will lead to a fluctuation in the exchange rate.
Students and elderly individuals typically have more time, thus using the slower bus instead of a quicker, more expensive choice transportation method doesn't really cost them more.
<h3>Why business executives travel by own commute?</h3>
Some reasons that business executives prefer their own commute rather than travelling through bus are-
- Since the company provided employees with free parking places (the actual cost of which will be extremely expensive a year), employees were not responsible for the whole financial burden of car commuting, nor were they responsible for environmental costs from driving. If workers had to pay the entire price of their commute selections, the nudges we used might have had better results.
- While using public transportation or a carpool can be advantageous to society, they are frequently less convenient for one passenger. Because it takes time to set up carpools and public transportation, people may take longer to adopt more environmentally friendly commuting.
- These strategies called for altering a regular behavior, which is famously challenging to alter. Nudging is particularly helpful at modifying one-time behaviors, like being vaccinated against the flu, but it hasn't yet been demonstrated to be as consistently effective at altering choices that call for regular actions, like exercising.
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The answer is true because consumers wouldn't have the same success in this economy and it needs growth and change in order for it to maintain stability
Answer: Option (B)
Explanation:
Reputation systems are referred to or known as the programs which tends to allow its users in order to rate other in an online community so as to build the trust through the reputation. Some of the common uses of such systems are mostly found on the E-commerce sites, i.e. eBay etc and the online advice platforms example Stack Exchange.
The Medicare payment support should be provided as a helping hand to Sally’s mother.
<h3>What is a Medicare?</h3>
The Medicare is a federal program that provides free health insurance for coverage on medical costs for people aged or over 65 and younger ones.
Here, Sally’s mother is a senior citizen and is more prone to incur medical expenses due to old age.
Although she is providing support and earning some money to support herself, that might be not enough for her as maximum amount might be affacted by a medical expenses.
In conclusion, the Medicare payment support should be provided as a helping hand to Sally’s mother.
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