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Economics

What are causes of exchange rate fluctuations?

Causes of exchange rate fluctuations:

- short term - changes in the demand and supply of the currency in the FOREX markets. (mainly due to speculations).

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Answered by Julia R. • Economics tutor

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What does it take to make a 7 in HL Economics?

Most IB students pick HL Economics thinking it is an easy seven that can boost their total score. However, IB economics is one of the most instense courses offered by the IBO. There are five main steps...

Answered by Youssef M. • Economics tutor

26822 Views

If a country wishes to depreciate their own currency, how could they do so in terms of monetary policy? List three possible effects depreciating their currency will have on the economy.

This is a question relating to international economics. In order to depreciate the currency, the country would have to use an expansionary monetary policy, as this would increase the supply of their ow...

Answered by Silje I. • Economics tutor

3091 Views

How to I approach the 10 mark question on paper 1?

Start by defining the key economic terms which are used in the question. This is absolutely essential. After your definitions move on to the next paragraph. In the second paragraph you need to explain the...

Answered by Anna Liisa J. • Economics tutor

21929 Views

Why do firms in perfect competition earn normal profit in the long run

In the long run, all factors of production are variable. Also, two of the assumptions of firms in perfect competition are free entry and exit, as well as perfect resource mobility.

In the...

Answered by Adriel A. • Economics tutor

95152 Views