If the Government choose not to devalue its currency, The total exports of that nation will be most likely to be decreased.
When a currency of a nation is too high, other nation wouldn't have enough purchasing power to do transactions with our nation, making us forced to close many international trade relationship that could kill several economic sectors in the country.
Answer:
1. Jake can easily determine that the price of the computer is more than the price of the vacation. ⇒ UNIT OF ACCOUNT
2. Jake has $1,574 in his checking account. ⇒ STORE OF VALUE
3. Jake writes a check for $1,299. ⇒ MEDIUM OF EXCHANGE
Explanation:
The four functions of money are:
- unit of account: since money is a common denominator, it helps to assign value to different goods and services.
- store of value: you can save money in order to purchase gods and services in the future.
- medium of exchange: you can purchase and sell goods and services using. money
- standard of deferred payment: money allows loans that require future payments of both principal and interest.
Delusional - <span>Delusional disorder, is also called
paranoid disorder. It is a mental illness in which a person cannot differentiate between what is real and what he/she is just imagining. Some characteristics of this disorder include delusions and strong beliefs in untrue facts. </span><span />