What are the three factors that affect the demand for foreign currency?
What will be an ideal response?
The three factors that affect the demand for foreign currency are expected return, risk and liquidity.
Economics
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________ in the foreign interest rate causes the demand for domestic assets to shift to the ________ and the domestic currency to appreciate, everything else held constant
A) An increase; right B) An increase; left C) A decrease; right D) A decrease; left
Economics
Compounding refers directly to
a. finding the present value of a future sum of money. b. finding the future value of a present sum of money. c. changes in the interest rate over time on a bank account or a similar savings vehicle. d. interest being earned on previously-earned interest.
Economics