Explain how will a depreation of the rand influence

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Q. Withe the aid of a disgrame explain how a floating exchange rate is determined. If the prices of gold and other commodities increases how will this influence the value of the rand? Explain how will a depreation of the rand influence our exports and imports?

Q. The number of orders that come into a mail-order sales office each month is normally distributed with a mean of 298 and a standard deviation of 15.4. The probability is 0.3 that the sales office receives less than how many orders?

Reference no: EM1350072

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