U.S. exports create a demand for foreign currencies
True or false? “U.S. exports create a demand for foreign currencies; foreign imports of U.S. goods generate supplies of foreign currencies.” Explain.
Expert
The first part of this statement is incorrect. U.S. exports create a domestic supply of foreign currencies, not a domestic demand for them. The second part of the statement is accurate. The foreign demand for dollars (from US. exports) generates a supply of foreign currencies to the United States.
Explain how government might manipulate its expenditures and tax revenues to reduce rate of inflation?
The cornerstone of typical economic theory derived through the work of Jeremy Bentham was the perception of (i) the wages fund. (ii) natural checks on population. (iii) increasing cost. (iv) utility. (v) surplus value. Q : Demand forecasting consumer's interview consumer's interview method for demand forecasting(point to point explain)
consumer's interview method for demand forecasting(point to point explain)
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The dataset used in this question contains data on 180 economics journals for the year 2000. The variable descriptions are as follows: logoclc - log of the number of library subscription loglibcit - log of the library subscription price per citation.
Define the term Market Economy and also state its advantages and disadvantages?
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