Exchange rates

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Exchange rates are exceedingly difficult to predict. Explain the factors that determine the exchange rate over the long run, medium run, and short run. According to the following equation (1/R)(1+i*)F = F/R (1+i*). Explain what is the interest parity condition, … Continued

The concept of money

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Topic: Money Question/Prompt: Author Anna Schwartz writes this about money: “The U.S. money supply comprises currency—dollar bills and coins issued by the Federal Reserve System and the Treasury—and various kinds of deposits held by the public at commercial banks and … Continued

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