The determination of the exchange rate is made through the currency market. The exchange rate as the price of a currency is established, as in any other market, by the meeting of supply and demand of currencies. If you analyze, for example, a hypothetical situation, in which there are only two currencies the euro and the dollar. The demand for dollars (supply of euros) arises when consumers in different European countries need dollars to buy goods from the United States. In the same way dollars are needed if a European company wants to buy a building in New York, when a German citizen travels as a tourist to San Francisco or if a Swedish company buys shares in a US entity, but there may still be an additional reason to demand dollars that is pure speculation, that is, the thought that the dollar will rise in value against the euro will cause the demand for dollars to rise.
If the opposite is analyzed, the supply of dollars (demand for euros), this is done by all those companies and citizens who need euros for their needs (basically the same ones that we have analyzed before, purchase of goods and services, investments and speculation. )
The balance in a competitive market between supply and demand will mark the price of the dollar against the euro or what is the same the price of the euro against the dollar. In currency markets depreciation is known as the decline in the price of one currency over another.
Answer:
“No government can continue good but under the control of the people; and … their minds are to be informed by education what is right and what wrong; to be encouraged in habits of virtue and to be deterred from those of vice … These are the inculcations necessary to render the people a sure basis for the structure and order of government.”
Answer:
Flexible, short-term, and independent jobs.
Explanation:
Gig economy offers flexible, short-term, and independent jobs to their employee because in the gig economy the companies are hiring more freelancers in stead of full-time staff for their work. Freelancers are people who aren't employed permanently at one company but work independently for the companies. It is a flexible job without going to the office, a person can work from their home in free lancing.
Answer:
Identity is the qualities, beliefs, personality, looks and/or expressions that make a person or group. One can regard the awareness and the categorizing of identity as positive or as destructive. A psychological identity relates to self-image, self-esteem, and individuality
Explanation:
put in your own words, hope it helps
