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How might a change in the exchange rate affect the domestic economy of the country?
A change in the exchange rate - ceteris paribus - will alter relative prices between trading countries. The answer should (one again) be clear on the price of the currency, the price of exports, quantity of exports and export revenue. Clear links to the domestic economy should be seen, i.e. X and M as components of AD. A good example will then outline how a fall in the exchange rate could increase exports and export revenue, thus increasing AD - while possibly reducing import spending. References should be made to the main macro objectives.
explain how the keynesian cross shows that the economy is susceptible to self-fulfilling prophesies, either positive or negative
Calculate Marginal Revenue
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
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#question. what is the underlying reason for the law of increasing opportunity cost?
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1. A standard solution of potassium hydroxide (KOH) was prepared by dissolving 15g of KOH in 250.0mL of distilled water. (a) Calculate the concentration of this standard solution.
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