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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 de...
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Answered by Bence L. • Economics tutor
2482 Views

Conditionals

Real/Unreal
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Answered by George C. • Latin tutor
2298 Views

On what grounds do conservatives justify social hierarchy?

A social heirarchy consists in differences throughout society of factors such as status, income, and involves widespread inequality. Conservatives, to a far greater extent than those on the left of the polit...
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Answered by Henry B. • Politics tutor
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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 variables ...
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Answered by Remi G. • Economics tutor
8348 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 substituting x for 7 3x +2y=17 3(7)+2y=17 21+2y=17 2y=...
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Answered by Jin-Ho Y. • Maths tutor
4753 Views