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Why do price of exchange rates increase when interest rates increase? What does it mean that a currency is strong?

When the interest rate is high in a country it encourages investors to convert their money, e.g. into pounds, and invest their money in the country. The price change can be traced back to basic supply and...

BL
Answered by Bence L. Economics tutor
2395 Views

Why is the demand curve downward sloping

The demand curve shows how different prices of a commodity affect the quantiy demanded by consumers.Price is always show on the y-axis (vertical) and quantity on the x-axis (horizontal). These two variabl...

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Answered by Remi G. Economics tutor
8197 Views

Solve these pair of simultaneous questions: 3x+2y=17 4x-y=30

Let's solve for x first by substituting y in terms of x.

4x-y=30

y=4x-30

3x+2y=3x+2(4x-30)=3x+8x-60=11x-60

11x-60=17

11x=77

x=7

Now let's solve for y by su...

JY
Answered by Jin-Ho Y. Maths tutor
4649 Views

Escribe sobre una zona cultura.

Salamanca está en la parte central de España, a 212 kilómetros al oeste de Madrid. Su Plaza Mayor es el punto de encuentro más popular.  La gente pasa mucho tiempo allí charlando, tomando el sol o disfrut...

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Answered by Connor M. Spanish tutor
2365 Views

How do catalysts speed up the rate of a reaction?

A catalyst increases the rate of the reaction because: 

  • They provide an alternative energy pathway that has a lower activation energy 

  • This means that more particles hav...

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Answered by Vanessa O. Chemistry tutor
36691 Views

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