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Question: Visit one of the many websites that lists all of the current exchange rates between different currencies around the world. Try a financial newspaper's site such as ft.com (follow the links to "Market Data," and then "Currencies"), or try websites devoted to foreign exchange market data such as oanda.com or xe.com (dig down; don't just look at the major currency tables). According to these lists, how many distinct currencies exist around the world today? Are some currencies used in more than one country?
Read the article "FDI into Africa on the up" from Ernst and Young and discuss on the following questions by writing 1 and half pages with proper citation with own words. § What is the impact of increasing FDI into Africa on the global economy? § If y..
Compare and contrast symmetric encryption to asymmetric encryption. PKI uses digital certificates to encrypt / decrypt data. Analyze the process of encrypting and decrypting data using a digital certificate.
Assume that all states adopt a serious no-fault rule to cover automobile accidents, so that it becomes impossible to sue for damages after an accident.
(a) Describe the initial set-up of the market; (b) Analyse the effects of the local policy on the market in the short-run;
You invest R2400 annually (at the end of each year) for successive years in a savings account at 15% p.a. (interest is compounded per year). At the end of the fifth year you withdraw R6181.72 and the balance is invested at 10% p.a. for 5 years. What ..
Suppose you just got the results for your economics midterm: you scored 90 points. You also learned that the class grades were distributed normally, the average was 75 points, and the top ten percentile cutoff was 95 points.
The quantity of money grows at a rate of 20 percent a year, real GDP grows at 8 percent a year in the long run, and the velocity of circulation is constant. What is the inflation rate in the long run
Consider the market for tuna, which is a perfectly competitive market. The long-run equilibrium price is $3 per can of tuna, and the long-run equilibrium quantity is 600 million cans per yr. Suppose the Surgeon General issues a report saying that ..
in many sub-saharan african countries girls have lower enrollment rates in secondary schools than do boys. if
Suppose you borrow $100 of principal that must be repaid at the end of two years, along with interest of 5 percent a year. If the annual in flation rate turns out to be 10 percent, (a) What is the real rate of interest on the loan?
If someone has given you $10,000 for one year as a lump sum, or $1,000 over ten intervals, or $100 over 100 intervals (always over one year) assuming a 5% APR can income be gained "continuously"?
1. Even if a nation's money is not readily accepted as a medium of exchange and does not maintain a store of value, it can still function quite well if the government declares it to be the nation's legal currency.
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