In the foreign exchange market between the Brazilian real and the U.S. dollar, if U.S. interest rates fall relative to Brazilian interest rates, the Brazilian real will appreciate relative to the U.S. dollar.
Answer the following statement true (T) or false (F)
True
Economics
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An economy in which a central authority draws up a plan that establishes what will be produced and when, sets production goals, and makes rules for distribution is a
A. free-market economy. B. laissez-faire economy. C. command economy. D. public-goods economy.
Economics
What is the Lucas critique, and why was it so important to macroeconomists in the 1970s?
What will be an ideal response?
Economics
When economy-wide business fluctuations are negative, they are referred to as
A) contractions/recessions. B) booms. C) expansions. D) peaks.
Economics
Absolute advantage
What will be an ideal response?
Economics