Explain what is meant by the real exchange rate?
What will be an ideal response?
Answer: The real exchange rate of the dollar relative to the euro, is denoted RS(t,$/€). It is defined to be the nominal exchange rate multiplied by the ratio of the price levels:
RS(t,$/€) = {S(t,$/€) x P(t,€)} / P(t,$)
Business
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Which of the following programs is NOT used to increase satisfaction in jobs that are significantly lacking in motivating factors?
A. Job rotation B. Job redesign C. Modified work schedules D. Formation of work teams
Business
What are the secondary sources of data and how do these sources differ from primary sources? Give examples of sources from which secondary data can be obtained
What will be an ideal response?
Business