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Tamiku [17]
3 years ago
12

During the period 2001-2004 the U.S. Federal Reserve lowered nominal interest rates on the dollar by more than the European Cent

ral Bank (ECB) did on the euro, a move that most market participants viewed as temporary. What was the effect on the dollar-euro exchange rate?
Social Studies
1 answer:
Arisa [49]3 years ago
5 0

Answer:

The dollar depreciates against the Euro.

Explanation:

When the U.S Federal Reserve lowered nominal interest rates on the dollar as compare to European Central bank lowered on the Euro in the period of 2001-2004.The effect of this decision was that the dollar depreciated against the euro.Since the nominal interest rates on dollar are lower than as compared to that are on Euro.

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Answer:

explanations below

Explanation:

What is it known for?

The Arabian Sea is said to have served as a major trade route for the people during the 2nd and 3rd millennium BC. It is found at the Northern region of the Indian ocean, linking up the red sea through the Gulf of Arden and then to the Persian Gulf through the Gulf of Oman.  

Characteristics & features.

It has a depth that is beyond 2,990 meters and no form of islands are found at the middle. The deep water can get to islands at the borders except the northeast of India and Pakistan.  

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3 years ago
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Colt1911 [192]

Answer:

<h2>Raw materials, labor, capital, and power sources.</h2>

Explanation:

Any four means and resources needed for infrastructure of development are  raw materials, labor, capital, and power sources.

Raw materials are the most basic and fundamental commodities required to produce a finished product. Therefore, there should be abundance of raw materials to aid the demanding needs of materials while developing infrastructure.

Labor comprise of the physical, mental, and social service given by the people. The need of skilled as well as cheap labor is important while developing infrastructure.

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