Condition in which a currency become stronger

Assignment Help Microeconomics
Reference no: EM13200649

When an economist says that a currency has become stronger, he or she means that 


a) it will buy less of foreign goods. 


b)it can be exchanged for more of a foreign currency. 


c)services, unlike goods, can be exported freely. 


d)there are very few things that the currency cannot buy in a foreign market.

Reference no: EM13200649

Questions Cloud

Role of servant to their constituents : In the role of servant to their constituents, members of congress:
What does the outcome reveal about the size of multiplier : (Advanced Analysis) Assume that the consumption schedule for a private open economy is such that consumption is as follows: C = 50 + 0.9 Y Assume further that planned investment Ig and net exports Xn are independent of the level of real GDP and const..
Leadership is best defined : Leadership is best defined as _____.
Role of network administrator for an accounting firm : Assume the role of Network Administrator for an accounting firm with 38 fulltime employees, Rogers and Rogers Certified Accountants. Utilize the following information to outline a new network security design for this firm in no less than 400 words
Condition in which a currency become stronger : When an economist says that a currency has become stronger, he or she means that it will buy less of foreign goods. it can be exchanged for more of a foreign currency.
What are the sizes of the mpc and mps : Assuming the level of investment is $16 billion and independent of the level of total output, complete the following table and determine the equilibrium levels of output and employment in this private closed economy. What are the sizes of the MPC ..
Which statement about the senate is true : Which Statement about the Senate is true?
The lottery-besides the black spot-black box : In Shirley Jackson’s "The Lottery," besides the black spot,black box, and the names, list and explain 2–3 other symbols that you think are important to the outcome of the story.
Why did one measure increase while other measure decrease : Real GDP was $4,179 billion in year 1 and $4,848 billion in year 2. IN contrast, real GDP per capita in Year 1 was $19,261, but in year two it was only $19,162. Why did one measure increase while the other measure decreased

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain huntington means by the term civilization

Huntington advice that the emerging global economy will rising be faced with violent clashes between civilizations. Describe what Huntington means by the term civilization and explain why such clashes may be expected.

  Impact of fiscal policy measure on economy

An increase in government spending or  An equal decrease in taxes if consumer confidence is lower than the previous month.

  Financial institutions in the global economy

Describe the roles of financial institutions in the global economy and discuss how the financial services industry is likely to change over next decade.

  Profits of monopoly in long run

Describe how a firm in a Monopoly market maximizes its profits and minimizes its losses in the short term and in the long term. Can a Monopoly make a profit in the long term?

  What rate of return did the company make on the process?

A salvage value of $23,000 was realized when the process was discontinued after 8 years. What rate of return did the company make on the process?

  How is private consumption today affected

Assume that we have Ricardian equivalence. This implies that consumption depends on ex- pected lifetime income and that individuals understand the governmentís intertemporal budget restriction. B) How is private consumption today affected.

  Example of price discrimination for good or service

Provide an example of the price discrimination for good or service which you thought it to unfair. Do you still believe that the discrimination is unjustifiable.

  Discuss the implications of your analysis

The particular index that you will compare to the Thumbtack measure is Forbes-overall . You are to include your index along with the five X variables suggested by the authors of the report of the Thumbtack survey.

  Find an expression for average costs

Find an expression for average costs (AC) and average variable costs (AVC). Graph them together with marginal costs and find the firm's short run supply curve. Is the whole curve relevant to the long run?

  Questions on competition and market power

Explain the difference between the demand curve facing the monopoly firm and demand curve facing the perfectly competitive firm.

  Provide a demand and supply graph for each industry

Students fascinated with your explanation and eager to learn more, ask about the shape of the demand and supply curve in each industry. Provide a demand and supply graph for each industry to explain. Label equilibrium price and quantity.

  How to generate tax revenue for the government

if the government wanted to use a food tax in order to significantly reduce the quantity of sweet and sugary drinks we consume, this could be accomploshed with a relatively small food tax on these drinks if: demand was elastic, demand was inelast..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd