The most likely reason for this tradition is that it helps
the employees to open up to each other, by opening up to each other, members in
the team will likely be comfortable with each other and would contribute to
having a strong relationship among the members or the team.
Answer:
d) increases, and the labor -force participation rate decreases
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Other things the same, if the exchange rate changes from 30 thai bhat per dollar to 25 thai bhat per dollar, then the dollar has been depreciated due to which less quantity could be purchased.
This is because of currency depreciation.
Currency depreciation is the fall in the value of a currency in terms of its exchange rate versus other currencies. Currency depreciation can occur due to many factors such as interest rate differentials, political instability, economic fundamentals, or risk aversion among investors.
Easy monetary policy and high inflation are two leading causes of currency depreciation. When interest rates are low, hundreds of billions of dollars chase the highest yield.
To know more about currency depreciation here:
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