Search our library of Economics questions

Top answers

Economics

All levels

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).

<...

Answered by Julia R. • Economics tutor

7247 Views

What is inflation and how does it come from supply or demand side?

Inflation - a situation in which the general level of prices in the economy is rising.

Cause: money supply that grows too quickly.

supply

Answered by Julia R. • Economics tutor

2513 Views

What is diminishing marginal utility?

Diminishing marginal utility- each additional (marginal) piece of pizza brings less utility than the previous one. Therefore extra utility (marginal utility) brought by each successive slice d...

Answered by Julia R. • Economics tutor

2744 Views

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

27698 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

3448 Views