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Answer:
There will be <em>no depreciation (shift)</em> <em>because</em> it is not an open market FX floating rate exchange
Explanation:
All over the world, some countries operate <em>floating rate exchange policy</em> in which the value of <em>a currency increases or decreases based on demand and supply in the forex market.</em>
In the case of <em>Central African CFA</em> (XAF), there would <em>not be a shift in the value of the currency in the FX market as a result of the currency value being controlled rigidly (Non-floating rate exchange method) irrespective of the political scandal in some areas of the region or not. </em>This is also similar to the situation where by a country in the CFA region still has a <em>stable currency exchange rate against Euro irrespective of the terrorism activities or economic situation they are passing through at that particular point in time.</em>
The Beatles spent part of early 1968 meditating in India, which inspired many new original songs
<h3><u>
Who were the Beatles?</u></h3>
- John Lennon, Paul McCartney, George Harrison, and Ringo Starr created the English musical group The Beatles in Liverpool in 1960.
- They are recognized as the most influential band of all time and had a significant role in the rise of the counterculture in the 1960s and the appreciation of popular music as an art form.
- With roots in skiffle, beat, and 1950s rock 'n' roll, the band later experimented with a variety of musical genres, including ballads, Indian music, psychedelia, and hard rock.
- They also blended elements of classical music and traditional pop into their distinctive sound.
- The Beatles revolutionized many facets of the music business as innovators in recording, songwriting, and artistic presentation. They were frequently hailed as the leaders of the young and societal movements of the time.
The Beatles, an English rock band, traveled to Rishikesh in northern India in February 1968 to participate in a Transcendental Meditation (TM) training program at Maharishi Mahesh Yogi's ashram.
Know more about the Beatles with the help of the given link:
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Answer:
This is an example of the status quo bias.
Explanation:
Status quo is understood as the existing way of something, mostly social, for example. The status quo bias is understood, then, as the preference an individual has of having <em>things remain the same</em> as they have been, without making much change.
In this case, people already have their services such as cable, internet or cell phone providers. They do not consider the telemarketer's offers because they do not want to make the decision to change, thus succumbing to the status quo bias of wanting things to remain the same.
