Question 1
If a nation's interest rates are relatively high compared to those of other countries, then the exchange value of its currency will tend to
◦ depreciate under a system of floating exchange rates.
◦ depreciate under a system of fixed exchange rates.
◦ appreciate under a system of fixed exchange rates.
◦ appreciate under a system of floating exchange rates.
Question 2
Refer to the information provided in Figure 34.4 below to answer the question(s) that follow.
Refer to Figure 34.4. If the demand and supply of pounds are
D
1 and
S
1, the equilibrium is
◦ $2.50 per pound and the quantity is 400 pounds.
◦ $2.00 per pound and the quantity is 500 pounds.
◦ 2 pounds per $ and the quantity is 500 pounds.
◦ $1.50 per pound and the quantity is 300 pounds.
Question 37 Part 2
Economics question
economic question
economic question
economic question
i need help with this question please