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Brut [27]
3 years ago
15

In economies, an exchange rate deserbes:

Social Studies
1 answer:
frez [133]3 years ago
4 0

Answer:

B. the total value of a country's imports and exports .

Explanation: When exchange rates change, the prices of imported goods will change in value, including domestic products that rely on imported parts and raw materials. Exchange rates also impact investment performance, interest rates and inflation - and can even extend to influence the job market and real estate sector.

Hope this helps you.

Mark as Brainliest Please.

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Rational decision making is a multi-step process for making  choices between alternatives. The process ofrational decision making favors logic, objectivity, and analysis over subjectivity and insight.

Bounded rationality is the idea that in decision-making,rationality of individuals is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.

Intuition is the ability to have a grasp on a situation or information without the need for reasoning. The opposite ofintuitive decision making is rational decision making, which is when individuals use analytics, facts and a step-by-step process to come to a decision.

Rational decision making, bounded rationality, and intuition plays an important role in making decisions.

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