Which of the following is an important factor in exchange rate movements in the very short run?
a. Changes in relative GDPs.
b. Changes in relative tastes for foreign goods.
c. Changes in relative interest rates.
d. Changes in inflation.
e. None of the above.
C
Economics
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Suppose a country's debt rises by 6% and its GDP rises by 5%. What happens to the debt-GDP ratio?
A) It rises if there is a budget deficit that period. B) It falls. C) It rises. D) There is insufficient information to answer the question.
Economics
A bank's remaining value after it has met all its liabilities is known as a
A) bank's assets. B) bank's liabilities. C) bank capital. D) bank's income.
Economics