Among women who are depressed in widowhood,<u> financial strain </u>appears to be the biggest burden.
While the death of a spouse is emotionally devastating and can affect family finances particularly if the spouse is the breadwinner, women more than men are found to be especially affected.
One reason is that in a heterosexual marriage, the husband tends to be the main income earner. Studies have found that the household income for widows decline by about 37 percent after the death of her spouse. The assets of widows also tend to decline more than widowers.
Often, wives have been less involved in managing family finances, filing taxes, dealing with life insurance policies, etc. and some do not even have their own accounts. This restricts their financial independence if they enter widowhood.
To learn more about challenges of widowhood: brainly.com/question/9888519
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<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.
True, because if it comes from an unreliable place then it's not gonna help
