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Question:
There is a large increase in the global demand for diamonds, of which South Africa is the biggest producer. At the same time, the central bank of South Africa cuts the interest rate. Explain (with appropriate diagrams) the effects of the above events on:
(a) The demand for rand (South African currency)
(b) The supply of rand
(c) The exchange rate of the rand against the U.S. dollar
What is the slope of the "least-squares" best-fit regression line?
Based on your own Internet research, track the changes in the Euro/USD exchange rate since the Euro was launched in 2002. Which currency has appreciated and which has depreciated over the past 13 years? Provide two reasons why this has occurred.
The local swimming pool charges non-members $10 per visit. Members pay $5 per visit, and an annual fee $F. Draw a diagram where the horizontal axis measures the annual number of visits, and the vertical axis measures $ spent on all other goods. Suppo..
If the incident light has a wavelength of 410 nm, what is the work function of the cell?
a. What type of study design was used in this research? b. Calculate and interpret the relative risk and odds ratio of autism for vaccine recipients
Some examples of political problems associated with active discretionary fiscal policy are.... [Select two] Recognition lag taxpayer-funded favors to special interests Action (administrative) lag Operational (impact) lag
The spending multiplier’ was introduced Describe what it is and how it works. Explain why is it important for the Federal Reserve to consider this concept in order to ‘balance’ the economy?
A random sample of 50 customers has a mean of 3.3 minuteswith a standard deviation of 0.6 minute. If a = 0.05, test the fast food outlet's claim.
You explain to your friend Haslina, who runs a catering service called "Meals in a Zip," about an economic theory which asserts that consumers will purchase less of a product at higher prices than they will at lower prices. She contends that the theo..
What are the true reasons that Trump started the US- china trade war currently? Is it because China's development has threatened
1. Describe all four phases of a business cycle. 2. Identify and describe three most severe recessions of the 20th century in the United States. 3. What will happen to unemployment and inflation during a recession? Explain
Barney's Liquids and Aunt Bee's Lemonade plan to expand their international partnership for the marketing and distribution of ready-to-drink tea products by adding 12 countries to their current markets. If the agreement is reached, operations are exp..
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