(b) Foreign exchange markets are usually stable in the long-run. The price adjustment process in response to goods and services may, however, be inelastic in the short-run. With the aid of a graph, explain the adjustment of the trade balance to an exchange rate depreciation. Substantiate your reasoning.

Q: three types of business activities? Distinguish one from the other

A: Business activity can be considered as an economic activity and a profession at the same time.…

Q: is it important to use packaging materials in storing your sandwich?why

A: Sandwich making necessitates a considerable bit of manual labor. Whether one is creating sandwiches…

Q: Which revenues reduce the sponsor's costs?

A: Revenue: The revenue is the income earned by a producer from the sales of goods and services.

Q: How crucial is utility for it organization

A: Meaning of Microeconomics: The term macroeconomics refers to that situation under which the…

Q: What does the total revenue represent?a

A: The income generated from normal commercial activities can be demarcated as revenue.

Q: Where did the $98 come from?

A: Deadweight loss can be described as the loss of total welfare or the social surplus because of…

Q: part A is incorrect and Part B is incorrect can you re try

A: Present Worth, also known as Net Present Value (NPV), represents the total value of cash flows (both…

Q: What is the matter economic

A: Discussing the "matter" of economics involves exploring its fundamental components and core…

Q: The merry-go-round in Ross Park, a public park, was first installed in 1920 and has been…

A: A public good is a kind of good or service that is non-excludable and non-rivalrous in nature,…

Q: What is home economic

A: Economics is a part/branch of the social-science in which we worried about the consumption,…

Q: Can u explain the question little in details please?

A: A joint-stock company is a kind of corporation where shareholders may buy and sell shares of the…

Q: A consumer has an expenditure function E=1.96U(p1)0.6(p2)04. The price of good 1 increases from $2…

A: Compensating variation is a method of neutralizing a price effect by reducing/increasing the money…

Q: So is it D or B

A: The answer is - B. Revoke the license of an insolvent insurer.

Q: nswer this for me mate. Much appreciated.

A: Free rider problem occurs where the beneficiaries can not be excluded even if they do not pay for…

Q: What makes housing and housing markets unique compared to other goods?

A: The Housing Market refers to the supply and demand for houses in a particular country or region in…

Q: Express your thoughts/ideas regarding the given topic "My home.

A: ANSWER:   MY HOME : * Home is place where we stay with our families and live safely :The saying East…

Q: Adam picked 240 oranges from his orchard. He packed them equally in 12 bags and sent them to the…

A: Resource allocation refers to the process of distributing available resources among different uses,…

Q: what is the most important concept in satisfying needs and wants

A: A need is anything which is a basic necessity and is required to live. On the other hand, wants are…

Q: Which of the following best describes why the Hours of Service Regulations were put into place? O To…

A: The driver test is important to ensure the safety of peope with having the all relevant information.…

Q: which technology change affect consumer taste

A: The Law of Demand states that as price rises, demand declines keeping tastes and preferences…

Q: What is good and services

A: Economics is the study of individual behavior and concern with how they earn their living in the…

Q: A pharmaceutical corporation has developed a unique new drug, making the company a monopoly. Demand…

A: For a monopoly, profit maximization occurs at the point where MR equals MC