<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:
checks and balances
Explanation:
There are three distinct branches of the government and each have its own distinct purpose and functions. Even though the President of America has supreme powers in the country he does not enjoy ultimate power.
Even though the President of America voted for the bill that allowed of harsher sentences for the people working in the National Security Agency who discloses the confidential information to others, the Congress overruled the bill by a 2/3 majority.
Finally the bill was declared unconstitutional by the Supreme Court. Thus it is the function of the Supreme court to guard the constitution and the right of its citizens. The Supreme court checks and balances the rights provide to the citizens.
Thus the answer is checks and balances.
Answer:
it is
3) A
4) false
5) A
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This case ruled to be unconstitutional for state officials to create school prayer or recitations in public schools because it violated the establishment clause.
Answer:
It is still a controversial issue because: Immigration commes with cultural diversity and this rases cultural changes.
Explanation:
Immigration is still controversial because not everyone is open to the diversity and the changes that a new culture brings. Often what is different creates uncertainty and people prefer to stay with what they think is familiar or what they are use to. Social and cultural diversity means the acceptance of what is different from once culture, this generates controverial issues.