Does a large increase in the domestic money supply always lead to a depreciation of the currency?
What will be an ideal response?
Most theories of the determination of exchange rates would predict that a large increase in the money supply would imply a depreciation of the currency, definitely in the long run, and especially as economists say when "everything else is equal." However, it is possible that the change in the money supply is accompanied by an increase in real income that increases the demand for money and thus offsets the money supply's effect on the exchange rate.
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The accounts receivable turnover ratio for a merchandiser is 9.7 times. Calculate the days' sales in receivables for the merchandiser. (Use 365 days in calculations as needed. Round your answer to the nearest day.)
A) 34 days B) 38 days C) 29 days D) 41 days
You are directed to study the cultural, economic, technological, political, and legal factors that are larger forces affecting your company. What are you studying?
A) the macroenvironment B) the microenvironment C) the business market D) the marketing mix E) the global environment
Alumina Limited of Australia has called Mitsubishi UFJ Financial Group to get its opinion about the Japanese yen–Australian dollar exchange rate
The current rate is ¥67.72/A$, and Mitsubishi thinks the Australian dollar will weaken by 5% over the next year. What is Mitsubishi UFJ's forecast of the future exchange rate?
Advances in 3-D printing have made it easier and faster for manufacturers to create prototypes of new parts. These advances are an example of changes in the ________ environment.
A. political B. economic C. technological D. biophysical E. demographic