Answer:
current FLOATING EXCHANGE rate
Explanation:
Exchange rate is the rate at which one currency will be exchanged with another. For example, 1 United States Dollar is equivalent to 4.24 Poland Zloty as of March 2020.
There are two common types of exchange rates:
1. Floating exchange rate: This is set by the FOREX market, and is based on the current supply and demand of currencies. When demand for a currency is high, its value increases and vice versa.
2. Fixed exchange rate: A fixed or pegged exchange rate is whereby a government entirely determines the rate and value of the currency.
Generally, a floating exchange rate system is used in the global market. This does not mean countries allow their currencies to fluctuate endlessly. The central bank of a country and it's government does intervene and manipulate the currency to make it favorable for them during international trade but it is done in a more indirect manner as opposed to a fixed exchange rate system.
Answer:
a. Lebanon should address the structural unemployment issue in the economy to support the current labor force with the new methods and technologies of production. Policies would be aimed at boosting the productivity of labor and hence the demand for labor force. From the given scenario it is comprehensible that the major issue prevailing is lack of competency due to structural and technological changes.
b. Policies aimed at fighting structural unemployment would cause the natural rate of unemployment rate to fall. Natural rate of unemployment would change when there arises changes in factors such as technology, productivity etc.
Answer:
The correct answer is option b.
Explanation:
A firm is able to maximize it's profit by producing output at the level where the marginal revenue earned from the last unit of output is equal to marginal cost incurred on it.
If a firm is operating at the point where the marginal revenue is lower than the marginal cost then the firm can maximize profit by reducing its output till the point where the marginal revenue and marginal cost are equal.
Taxes are automatically withdrawn from paychecks.
Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
<h3>What is a recession?</h3>
This is the economic term that is used to tell us that a particular nation is experiencing an economic downturn. During the period of recessions, the trades and the economic activities that are in a nation would also have to fall.
Hence we can say that Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
Read more on recession here: brainly.com/question/1417711
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