This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the difference between a devaluation and a revaluation of a currency? What will be an ... (Read 91 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
What is the difference between a devaluation and a revaluation of a currency?
 
  What will be an ideal response?

Question 2

What is price discrimination?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 29, 2018
Answer to Question 1

A devaluation is a reduction in a fixed exchange rate and a revaluation is an increase in a fixed exchange rate.

Answer to Question 2

Price discrimination is selling the same product to different consumers or groups of consumers at different prices where there are no cost differentials.


CQXA

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jun 29, 2018
Correct answers!


jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Brachial Plexus drawing plus the difference in the forearm Brachial Plexus drawing plus the difference in the forearm
For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ... For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ...
Difference between Functional and Cross-Functional team Difference between Functional and Cross-Functional team
Difference of Squares Difference of Squares
Sheridan Motors is a car dealership that would like to investigate if there is a difference in ... Sheridan Motors is a car dealership that would like to investigate if there is a difference in ...
ATP, an important energy currency in cells ATP, an important energy currency in cells
Video: A timeline of the teeth (Explained - No Audio)

For a complete list of videos, visit our video library