Currency Exchange Market Questions and Answers

Venezuela to relaunch market for currency exchange

Source: www.wjla.com --- Tuesday, June 08, 2010
The Central Bank on Wednesday will relaunch the bond market widely used for foreign currency trading in Venezuela under new restrictions that will include a band of permitted prices updated each day from ABC 7 News ...

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Venezuela relaunches market for currency exchange

Source: www.katv.com --- Wednesday, June 09, 2010
Venezuelan officials launched a new bond-trading system Wednesday that is meant to clamp down on speculation in the country"s controlled currency... setting a range of prices that makes dollars far cheaper than they were before trading was halted last month from Channel 7 ...

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Day Trading on the Foreign Currency Exchange Market

Source: www.articlesbase.com --- Wednesday, May 19, 2010
Online trading is great way for serious investors to make money, but inexperienced traders often wind up with big losses. A good set of instructions can minimize the risks and save months of expensive trial-and-error learning. ...

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Currency Exchange Trading Cheat Forex Market Trading Software

Source: www.fwicki.com --- Friday, June 04, 2010
www.ForexAutopilotRobot.com , Forex Robot That Is Capable Of Doubling Your Money Every Single Month. BIG Money Is Made NOT By Working Hard But By Working SMART! A trading forex robot is a software program that automatically enters and exits trades in the forex market with the intention of turning a profit. Many traders switch to these systems because they are tired of the hassle of manual trading. When trading manually you have to spend countless hours each day monitoring the market, and you also have to spend countless hours staying up to date on your current trades. A forex trading robot takes the hassle of out having to do this, but still allows you to take advantage of the income potential of the forex market. I would like to show you which robot is the best, but before that we should look at why this robot is the best. ...

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seowordpress: Venezuela to relaunch market for currency exchange - BusinessWeek http://tinyurl.com/3ywzq9b

Source: spnbabble.sitepronews.com --- Friday, June 11, 2010
Venezuela to relaunch market for currency exchange - BusinessWeek http://tinyurl.com/3ywzq9b ...

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Venezuela relaunches market for currency exchange - Lexington Herald-Leader

Source: www.fwicki.com --- Thursday, June 10, 2010
CARACAS, Venezuela -- Venezuelan officials launched a new bond-trading system Wednesday that is meant to clamp down on speculation in the country's controlled currency, setting a range of prices that makes dollars far ... ...

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Scalping currency Markets – A Worthwhile Method to Make a Living In the foreign exchange market

Source: www.creditrepairfact.com --- Sunday, May 16, 2010
Forex Scalping is one of the very lucrative methods for making cash from currency markets. You will discover foreign exchange traders that produce their full time revenue simply by scalping the forex sets. Infact there are several concentrated products also out there on scalping including Delphi Scalper or Forex Scalping Blueprint. The key reason why scalping attracts the fx professionals so much is that it’s quite self-explanatory way to trade. You require very small group of indicators to recognize the nice setup to place trades. Additionally one other benefits are that every trade takes few minutes to maximum an hour, thus it’s not necessary to observe the trade for longer durations. This leads to one more benefit that you can make numerous trades a day since scalping provides numerous possibilities. So, no surprise Scalping is well-liked. But at the same time, Foreign exchange Scalping has its difficulties of their own. Let us look at a number of them. You see, Scalping is all about making quick and little profits. The truth is an opportunity, you place the forex trade and the moment the net income goal is found, you close the trade. However , incase the market is about to go in different direction, to safeguard yourself from it, you should place a stop loss. In scalping the stop loss is almost as essential as the profit target or sometimes a lot more. Therefore if the scalping system you are applying isn’t accurate, the scalper ...

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Sudan says local currency exchange market under control

Source: www.sudantribune.com --- Sunday, June 06, 2010
June 6, 2010 (KHARTOUM) — The governor of Sudan Central Bank today expressed confidence that measures taken to avert the sharp drop in the value of the pound against the dollar helped stabilize the foreign exchange market. Earlier this week, the central bank said in a statement that it will inject more foreign currencies into the market and make it available to banks in order to meet clients' needs particularly to import goods. Furthermore, the highest financial authority in Sudan said it will tighten control of exchange bureaux to enforce rules on selling foreign currencies and crack down on the black market as well. The central bank revoked the license of Al-Aroos bureaux last month citing multiple violations of regulations governing the work of trading in foreign currencies. "There was an overshoot [in the pound depreciation]. That is why the central bank started intervening from last week and now things are settling down. We hope that is now contained," central bank Governor Saber Mohammad al-Hassan was quoted as saying by Reuters. "We don't think we need further intervention because it is already now settling down," he said after a meeting of Arab central bank governors in the United Arab Emirates. The central bank manages the float of the Sudanese pound. The “indicative” rate is 2.4 pounds to the U.S. dollar, with room for a 3 percent movement in either direction, Hassan said. On the black market on Sunday, $1 could buy 2.76 S ...

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Venezuela to relaunch market for currency exchange (AP)

Source: cobatra.com --- Tuesday, June 08, 2010
AP – The Central Bank on Wednesday will relaunch the bond market widely used for foreign currency trading in Venezuela under new restrictions that will include a band of permitted prices updated each day. Read more: (AP)">Venezuela to relaunch market for currency exchange (AP) ...

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Venezuela relaunches market for currency exchange (AP)

Source: cobatra.com --- Wednesday, June 09, 2010
AP – Venezuelan officials launched a new bond-trading system Wednesday that is meant to clamp down on speculation in the country’s controlled currency, setting a range of prices that makes dollars far cheaper than they were before trading was halted last month. Read the original: (AP)">Venezuela relaunches market for currency exchange (AP) ...

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Money Management & Personal Finance : What Determines the Foreign


To determine the foreign exchange rate for different currencies, check the local paper for exchange rates, and pay attention to the inflation rate ...

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Forex and Stocks


. Whether you're just starting or a veteran, everyone can benefit from our expertise. ... forex basics stock market trading foreign exchange ...

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Quote.com - Your Source for Financial Markets Quotes, Charts, News and


investor listed regionals market market news market scanner market screeners market strategies mini futures mobile quotes money money portfolio ...

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Understanding The Foreign


Visit nolossrobot.podbean.com for more information on Forex Trading. If the Forex market has captured your imagination, talk to your financial ...

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Find the best currency exchange rates by looking at whether a country is making more money than it is spending. Use currency trading exchange ...

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FOREX TRADING - Profit from foreign


Visit TradingForex.Notlong.com FOREX TRADING - Profit from foreign currency movements. The foreign exchange market is a great place for making ...

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FOREX TRADING - Profit from foreign


Visit TradingForex.Notlong.com FOREX TRADING - Profit from foreign currency movements. The foreign exchange market is a great place for making ...

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Who Sets


Who Sets Currency Exchange Rates?. Part of the series: Investments & Money Management Tips. Currency exchange rates are mostly set by the ...

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What is forex, foreign


A video by eliteeservices - Elite E Services offers a basic explanation of the foreign exchange market, from the basics to how to open an account ...

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FOREX TRADING - Profit from foreign


Visit TradingForex.Notlong.com FOREX TRADING - Profit from foreign currency movements. The foreign exchange market is a great place for making ...

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Currency Exchange Market Questions and Answers



Voting Question: Economics practice test help pease.?

30.) What did America experience in the 1920's? An economic boom An economic bust A long bull market A long bear market 31.) October 24, 1929, the day when 13 million shares were sold is now known as: Black Monday Black Tuesday Black Thursday Black Friday 32.) In America, during the _____, the number of workers providing services grew until it equaled and then surpassed the number who produced goods. 1930s 1950s 1970s 1990s 33.) Stagflation is a situation in which a nation's economy is characterized by relatively: high price inflation and low rates of economic growth. low price inflation and high rates of unemployment. high rates of economic growth and low price inflation. low unemployment rates and high rates of economic growth. 34.) Communism is an economic theory which stresses that the control of the means of producing economic goods in a society should reside in the hands of those who: have the biggest economic advantage. invest their labor for production. have the most education. are elected to office by the public. 35.) In a typical ________ arrangement, a successful company authorizes an individual or small group of entrepreneurs to use its name and products in exchange for a percentage of the sales revenue. wholesale franchising marketing corporate 36.) Which of the following does not form a true statement by correctly completing the sentence? Large businesses are important to the overall economy because they are better equipped to: conduct research and develop new goods. offer more varied job opportunities and greater job stability. offer higher wages and better health and retirement benefits. provide the goods and services wanted by the surrounding community. 37.) In general, government antitrust officials see a threat of monopoly power when a company gains control of ________ of the market for a commodity or service. 25% 30% 66.6% 90% 38.) Which of the following is not one of the roles of the Environmental Protection Agency (EPA)? sets and enforces tolerable limits of pollution cleans up polluted streams, rivers, and marshes establishes timetables to bring polluters into line with standards has the authority to coordinate and support research and anti-pollution efforts 39.) Which of the following are not practiced market strategies? Buying on margin Selling short Selling long Options 40.) ________ is an economic policy or doctrine that opposes government interference in or regulation of business or commerce beyond what is necessary for a free-enterprise system to regulate itself. Communism Laissez-faire Fiscal policy Free-enterprise policy 41.) Which of the following is not a method that corporations use to raise capital? issuing bonds or preferred stock selling common stock borrowing and using profits selling goods and services directly to the public 42.) Monetary base is defined as: currency in circulation. currency in circulation plus foreign debts owed. currency in circulation plus banks' required and excess deposits at the central bank. bank's required and excess deposits at the central bank. 43.) A policy is referred to as _______ if it reduces the size of the money supply or raises the interest rate. An _______ policy increases the size of the money supply, or decreases the interest rate. contractionary, expansionary expansionary, contractionary fiscal, monetary monetary, fiscal 44.) Governments spend money on a wide variety of things. Which of the following is not a way in which these expenditures can be funded? Taxation of the population Seignorage, the benefit from printing money Borrowing money from another country, resulting in a foreign deficit Borrowing money from the population, resulting in a fiscal deficit 45.) When products become more expensive over time, ______ is occurring. deflation inflation stagflation none of the above 46.) A(n) _____ is an economic disadvantage, such as lower efficiency or higher costs. diseconomy noneconomy net loss unexpected loss 47.) Keynesian economics is an economic theory based on the ideas of 20th century British economist John Maynard Keynes. Keynesian economics promotes a ________, where both the state and the private sector play an important role. fixed economy mixed economy socialist economy communist economy 48.) Because economics is a study of ______, it deals with incentives and their consequences. cause and effect profits and losses wealth and social status money and will power 49.) In 1652, the _______ became the first American colony to make coins. Roanoke Colony Plymouth Colony Massachusetts  more

Resolved Question: I need help with Economics, please help.?

11.) In the United States, the Federal Reserve can only directly set the discount rate; it engages in open market operations to alter the federal funds rate. True False . . 12.) The United States is often described as a "command" economy. True False . . 13.) When products become more expensive over time, deflation is occurring. True False . . 14.) Profit is also known as net income. True False . . 15.) A currency board is a monetary authority which is required to maintain an exchange rate with a foreign currency. True False . . 16.) Wholesale is the purchase of individual items at a higher price, whereas retail is the purchase of large quantities of goods at a lower price. True False . . 17.) The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold. True False . . 18.) Monetary policy is the economic term which describes the actions of a government in setting the level of public expenditure and how that expenditure is funded. It contrasts with fiscal policy, which describes the policies about the supply of money to the economy. True False . . 19.) In 1997, the wealthiest one-fifth of American families accounted for 47.2 percent of the nation's income. True False . . 20.) The antitrust law seeks to strengthen market forces so that direct regulation is unnecessary. True False . Answer 4  more

Voting Question: How can the government influence currency in a floating exchange rate system?

i know that in a floating exchange rate system currency is demanded and supplied according to market forces and there is limited govt intervention, i just wanted to know if there is anything the govt can do to influence the currency in this system.  more

Resolved Question: If we have a free market why do we have to do business in USD?

Government should protect contracts, not enforce the currency. Free market transactions can be made with whatever medium of exchange the participants agree on. This is why gold has historically been a medium of exchange. It has been chosen naturally by the market, not enforced by government  more

Resolved Question: NEED HELP PLEASE!!!!!!!!!!!! consumer math 10 POINTS?

28. Which is NOT one of the credit reporting agencies? (1 point) Experian TransUnion Equifax TransMeridian 29. A very low credit score usually means you will get what? (1 point) declined for loans low interest rates low finance charges high available balances 30. Credit that is applied for once, and then is available until the consumer defaults or closes the account is called what type of credit? (1 point) revolving credit charge credit income credit department credit 31. What is NOT considered when calculating a credit score? (1 point) personal income payment history credit history length of credit history 32. When two sellers trade items without exchanging currency it’s called what? (1 point) negotiating bartering financing economics 33. What was the earliest form of currency called? (Hint: China around 1200 B.C.) (1 point) leather cards sea shells cowry shells wooden coins 34. The first international form of currency policy to control inflation was called the what? (1 point) World Trade Organization North American Free Trade Agreement Gold Standard European Trade Standard 35. If a computer is on sale for $1,099.10 and there is an additional 15% off at the register, what will the total cost be? (1 point) $934.24 $1,263.96 $974.88 $988.45 36. The abbreviation FICO stands for what? (1 point) Fraud-Index Corporation Fair-Index Corporation Fair-Issac Corporation Fraud-Issac Corporation 37. When someone leases a car, who owns the title to the automobile? (1 point) the automobile manufacturer the financing bank the automobile dealership the driver 38. What part of a personal budget should be the largest expense? (1 point) spending money savings housing insurance 39. When a company hires an employee, what does the company expect from the employee? (1 point) expenses productivity purchasing power income 40. The amount of products or services that someone can buy with the amount of money they have is called what? (1 point) personal purchasing power purchasing power parity consumer price index value power 41. Banks make money by charging borrowers what? (1 point) late payment fees interest rates financing charges all of the above 42. The money you pay to keep an insurance policy in effect is called a what? (1 point) deductible co-pay premium expense 43. The money you borrow from a bank or any other lender is called what? (1 point) principal investment interest equity 44. Your credit score determines whether or not you what? (1 point) are approved or denied a loan are given a high or low interest rate are approved or denied a credit card all of the above 45. The loans that individuals take out to continue their education are called what? (1 point) educational loans student loans optional loans deferred loans 46. Which of the following is NOT considered a small ticket item? (1 point) a toaster an automobile a pack of gum a cup of coffee 47. When an asset such as a home or a car decreases in value over a long period of time it’s called what? (1 point) decay depreciation appreciation neglect 48. Charge cards differ from credit cards in what ways? (1 point) they require you to pay the full balance at the end of the billing period they don’t allow you to make cash advances they don’t accept balance transfers all of the above 49. The marketing offers provided by credit card companies are called membership __________? (1 point) bonuses benefits incentives gimmicks 50. If you have $2,000.00 on a credit card and the interest rate is 21.8% per year. How much interest will you pay for one year? (Interest is compounded monthly, but to simplify your activity, just multiply it.) (1 point) $463.00 $436.00 $521.00 $400.00  more

Resolved Question: Help with my geography homework please????? =]?

What prompted the demand for maps and travel guides in Islamic countries after AD 632 ? A. increasing trade with the Europeans B. desire to make a religious pilgrimage to Mecca C. improved transportation infrastructure D. rise of a middle class that could afford leisure travel 2. What are the primary elements that make up the Earth’s atmosphere? (1 point) A. nitrogen, oxygen, and argon B. oxygen and hydrogen C. carbon, nitrogen, and helium D. oxygen and helium 3. What economic system is characterized by an exchange of one product for another? (1 point) A. currency B. barter C. loan D. free market 4. According to the theory of continental drift, what was the original state of the world’s continents? A. They were gathered into two separate land masses, one at the north pole, the other at the south pole. B. The continents were separate, as they are now. C. The continents were joined into one landmass known as Pangaea. D. Most of the continents were underwater and later rose as a result of shifting tectonic plates. 5. Which is considered one of the greatest threats to folk cultures around the world? A. overpopulation B. environmental activism C. agriculture D. popular culture thankyou very much =]  more

Resolved Question: If India is country of slums, where should it be placed according to Happy Countries Index?

USA, UK and Canada also have large slums. Check this list of Happy Planet Index: India 53.0 United Kingdom43.3 Canada39.4 United States30.7 http://www.answers.com/topic/happy-planet-index http://www.happyplanetindex.org/ The Indian rupee has been among the most stable currencies against the US dollar compared to its Asian peers. Relatively low dependence on the US, and a lesser impact of rising global crude prices along with exchange rate controls, have prevented the Indian rupee from appreciating as much against the dollar as many other Asian currencies, said forex analysts. http://www.financialexpress.com/old/fe_archive_full_story.php?content_id=74800 The fifth and the sixth currency systems — managed float and full float — each account for 22 per cent of the world's currencies. Currencies in managed float are more stable than those in full float. The Indian rupee is the world's most famous managed float currency. The US dollar and the British pound are in full float. Currency stability is an issue that these floating systems have to reckon with. Their central banks are not charged with the responsibility of setting the strength. The currency markets set the strength. http://www.thehindubusinessline.com/bline/2007/02/24/stories/2007022400050800.htm Get ready for the Indian rupee - Forex - Futures Magazine http://www.futuresmag.com/Issues/2006/5/Pages/Get-ready-for-the-Indian-rupee.aspx  more

Voting Question: how hard is it to learn to trade currency on the foreign exchange market?

I would like an answer to my question, not just a link to a site that shows me or allows me to conduct currency trading. Thanks.  more

Resolved Question: Strategy to exchange money?

In the end of June/ beginning of July, my younger brother and I are going on a cruise with my grandmother. It leaves from Dover, England, and stops in Germany, Estonia, Russia (for two days), Finland, Sweden, and Denmark, and then we will be staying a couple of extra days in Copenhagen. My issues is, few of these countries use the same currency: England- pound Germany- Euro Russia- ruble Estonia- kroon Finland- Euro Sweden- krona Denmark- krone I don't plan on needing any pounds, because we are pretty much just getting off the plane, getting onto a bus, and then getting onto the boat. My issue is, I don't know how much of each of the above to exchange. I don't want to exchange too much and lose money exchanging it back, but I don't want to exchange too little and not have enough to buy something that I want. I do have a credit card, but not everywhere takes credit cards (markets, some stores), so I don't want to rely solely on that. If anyone has handled a similar situation, or has any advice, I would appreciate it. Thanks.  more

Voting Question: financial accounting homework. please help.?

True or False 41Double taxation means that corporate earnings are taxed at the corporate level and a second time when distributed to the shareholders as dividends ______ 42A stock split increases total stockholders' equity. ______ 43 A company that owns less than 20% of another company's stock must use the consolidation method of accounting. ______ 44 Goodwill arises when a parent company must pay more to acquire a subsidiary company than the market value of the subsidiary's net assets. ______ 45 U.S. GAAP has been universally accepted for use as an international accounting standard. ______ 46 A decrease in foreign currency value relative to the U.S. dollar between the date of purchase and date of payment will create an exchange gain. ______ 47 Companies generally use an accelerated method to compute depreciation for tax purposes and the straight-line method to compute depreciation for the financial statements. ______ 48 The Securities Exchange Act of 1934 requires companies that issue their stock publicly to file audited financial statements with the SEC. ______ 49 The most common difference between accounting income and taxable income is when a corporation uses straight-line depreciation in its financial statements and accelerated depreciation in its tax return. ______ 50 When the financial statements are in accordance with GAAP, the auditor issues an unqualified opinion. _______  more

Voting Question: What is the best website or online gadget to show the dynamic (changing) Foreign Exchange Rate?

The gadget will show the current Forex Rate for any pair of currency at a given time and will also change the display the moment there is any change in the market.  more

Resolved Question: Can someone please help me with this test, I was just robbed and have one hour to complet but cant concentrate?

I went to sell something off craigslist and the person snagged my touch phone out of my hands and ran , now I owe this test and I cant even concentrate, I can barely even look at the screen without crying, I have no money left and am so hungry. 1. (TCO 3) The value of goods imported into France exceeds the value of French exports. This indicates that France: (Points: 1) will experience an exchange rate decrease utilizes high tariffs will incur a budget deficit has a balance of trade deficit 2. (TCO 3) The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, and military expenditures is referred to as the: (Points: 1) balance of payments balance of trade balance of money flows exchange rate 3. (TCO 3) Country A is an extremely efficient producer of tin. However, its climate and terrain make it difficult to produce corn. According to the theory of comparative advantage, Country A should: (Points: 1) produce both tin and corn in order to remain self-sufficient watch the global market to see which product is bringing the highest price import the resources needed to produce corn concentrate its production on tin and buy corn from an efficient producer 4. (TCO 3) The U.S. government has announced a five-million-pound annual limit on beef imported from Argentina. This type of trade restriction is called a(n): (Points: 1) embargo revenue tariff import quota export cap 5. (TCO 1) Casey is typical of many U.S. businesspeople. Casey feels the U.S. culture defines the model for the rest of the world, and that the American way of doing things is the best. Casey is guilty of: (Points: 1) ethnic plagiarism ethnocentricity culture shock counter culture 6. (TCO 3) Hennessy Hardware, a U.S. retailer, buys much of its inventory from Asian countries. Hennessy Hardware would benefit if the value of the dollar ________ relative to the currencies of the countries from which Hennessy imports (Points: 1) rose fell remained constant floated unpredictably 7. (TCO 3) Firms such as McDonald's, Pizza Hut, and KFC have entered the global market by offering investors the opportunity to set up: (Points: 1) licensed trade offices independent exporting houses multinational subsidiaries franchises 8. (TCO 3) Pepsi Cola has entered into a long-term contract with a South African beverage business. The contract calls for the South African firm to produce and market Pepsi Cola in South Africa. Pepsi will receive a royalty on each case of soda sold. This is an example of: (Points: 1) licensing a joint venture a foreign subsidiary foreign direct investment 9. (TCO 1) A form of foreign direct investment, in which a domestic company purchases a company in a foreign country to produce a similar product or service is a: (Points: 1) licensor joint venture foreign subsidiary host company 10. (TCO3) The concept of free trade means: (Points: 1) buyers and sellers contract with each other and offer some goods at no cost goods and services can be traded freely across borders without political and/or economic barriers there is no exchange of currency for these products there is no exchange of currency, but the trading partners determine the value of the product and perform a bartering process to exchange goods 11. (TCO 3) Monique's Unique Tile Boutique offers decorative tile from around the world. The owner regularly travels overseas to locate the best and most unusual tile that foreign producers have to offer. Monique participates in _____________ (Points: 1) importing licensing dumping exporting 12. (TCO 3) __________ occurs when a country has a monopoly on producing a product or is able to produce it at a cost well below that of all other countries (Points: 1) Comparative advantage Absolute advantage Complete advantage Dumping advantage 13. (TCO 3) __________ occurs when a country has a monopoly on producing a product, as with an abundant source of natural resources, or is able to produce it at a cost well below that of all other countries (Points: 1) Comparative advantage Absolute advantage Complete advantage Dumping advantage 14. (TCO 3) The federal government created ___________ to help small and medium sized businesses get involved in exporting (Points: 1) the World Trade Organization Federal Export Loan Banks Export Assis  more

Resolved Question: Trying to figure out how currency futures work?

I was reading about futures and it got me thinking about what strategies a party going into a futures contract could use to profit (assuming they predict correctly which way the prices of the assets involved are going). Lets suppose for example that a company is exporting goods from Estonia (just using this as an example as it is my native land) to the US and currently the exchange rate is 1 USD=10 Estonian kroon (EEK). It will receive payment of 1 million USD in 30 days which amounts to 10 million EEK. The firm wants to hedge exchange rate risk and goes into a futures contract with a bank to deliver that 1 million USD when it gets it in 30 days time in exchange for 10 million EEK. (I hope I am correct so far with all my facts). For the exporting firm the risk is now gone, they know what they are going to get but the bank needs to play the currency markets so as to make sure it doesn't end up bearing a loss. Assuming that the dollar appreeciates against the EEK to from 10 to 11 EEK per USD and the bank predicts this, then it can simply take delivery of the 1 million USD at the maturity date, buy with it 11 million EEK, deliver 10 million of it to the firm and then keep the 1 million difference as profit. Am I right so far? This is however where I got a little confused: What could the bank do if it thinks that the USD will fall against the EEK from 10 to 9 EEK per USD? What could it do to make a profit? Would it short the dollar? Would it go into another futures contract of its own with another investor? What could the bank do to profit off of a falling dollar knowing it has to deliver 10 million EEK in exchange for 1 million USD in 30 days and at the same time believing that the EEK/USD exchange rate will fall form 10/1 to 9/1? Thank you for the answer John S. However let me rephrase my answer since I still want to find something out: Although what you described does apply to a bank, what if we're talking about some purely speculative investor who only holds a position with this one exporting firm that I describe and isn't at the moment involved with any other firms in similar futures contracts. How could such an investor profit off of a futures contract where they have to deliver a currency they think is going to appreciate in exchange for a different currency (in relation to which the currency they're delivering is going to appreciate)?  more

Resolved Question: When stock market plunges, why does the Loonie weaken against the Greenback?

I notice almost a DIRECT relationship between the stock market and the US-Canadian Exchange Rate. When the stock market rises, the price of oil rises, the price of gasoline at the pump rises, AND the US Dollar weakens against the Canadian Dollar. When the stock market plunges, the price of everything falls, including the value of all currencies except the US Dollar. YET, because Canada is an EXPORT country, a sizable number of Canadians ENJOY this weakening of the Canadian Dollar because now it is cheaper for me as an American tourist to buy souvenirs in Canada, travel in your country, and consume your merchandise.... isn't this weird? So stock market plunges aren't all bad For Canadians who operate like Wonderland Theme Park, the Skydome Hotel in Toronto, Air Canada...stuff like that........ it is better for their business when the US Wall Street stock market falls due to a global crisis because the US currency strengthens and then it's cheaper for Americans to visit Canada  more

Resolved Question: What is the most stable commodity, in terms of prices to supply or just supply, over the last 50 years?

Hi, I would like to know what has been the most stable item/commodity/currency in the world, in terms of its price expressed in every single currency in the world, adjusted for short and long term inflation and exchange rate. Let me be more specific as to what i'm looking for: commodity X costs (N) US dollars, (M) Japanese yens, (O) British pounds in the year 1960. in 2010, commodity X costs exactly the same (N), (M) and (O), as adjusted to inflation, exchange rates and total money supply. What is commodity X? What commodity/item is the closest to commodity X? One way to look at this would be to have the commodity that has been exactly in the same supply - even if the demand varied throughout the years. I can't find anything like that on a commodity market. No single currency remained stable for 60 years. It's definitely not gold, silver, platinum - every precious metal fluctuated massively in terms of supply. It's not oil, coal, wheat, rubber, diamonds, uranium, cotton, cattle, cocoa, milk. Also - no bonds of any major and stable financial/industrial/government institution - it must be a material commodity, not debt of any kind. What would be the closest thing to meet such criteria? Thanks Uncle Dodge - what do you mean by human resources? The human population has changed substantially over 50 years, and so did the work efficiency. Automation can significantly influence work efficiency, so it can't be stable. Jessie - prices of salt vary, significantly. Additional problem is that the supply of salt can change dramatically over just weeks, and so can its price.  more

Voting Question: what are the factors that can affect the foreign exchange value of a currency?

thats question about financial marketing...  more

Voting Question: How do global events affect business such as airlines and supermarkets?

How do global events affect business such as airlines and supermarkets? This could be: •Stock market fluctuations •Currency exchange rate changes •Major business bankruptcies e.g. of US banks •War & terrorism •Disease •Climate change and natural disasters •Environmental issues and agreements to deal with them  more

Resolved Question: ideas for shopping in dubai?

I will be travelling to Dubai in May-where is the best/safest place to do currency exchange? I will be staying at Jumeriah Beach.We also plan to go to the ski park are there any storage facilities there for bags e.g lockers? Also if I plan to go shopping away from the mall where are the local markets many people talk about?  more

Resolved Question: Why do people oft confuse central bank managed fiat (paper currency) with the free market?

All the free market is, is people making voluntary transactions out of self interest with no outside interference. The free market brings about the currency in the free market, not the fed. How could paper come about as a medium of exchange if it does not retain its value? Unless, of course, it was mandated by government  more

Resolved Question: Economics test help PLEASEEE someone help i beggg?

18. (TCO 9) If the supply and demand for currency determines the exchange rates, this is called (Points: 5) Fixed Exchange Rate Freely Floating (flexible) Exchange Rate Gold Standard-based Exchange Rate A managed floating 19. (TCO 8, 9) Joe is laid off because the foreign demand for the product his firm produces fell. This is a result of the U.S. dollar (Points: 5) Being strong relative to other nation's currencies. Being weak relative to other nation's currencies. Being targeted by the IMF for deflation. none of the above 20. (TCO 8, 9) The U.S. Current Account Balance most often shows (Points: 5) A surplus A deficit Zero balance, equal number of debits and credits The smallest current account deficits relative to its GDP compared to other countries 13. (TCO 2) Mr. Smith has recently received a promotion with a significant increase in 'salary.' Since receiving his pay raise, Mr. Smith has eaten less canned foods. We would conclude that canned foods are (Points: 4) inferior goods substitute goods normal goods complementary goods 14. (TCO 3) The price leadership model is an attempt to explain the behavior of a ____ market structure. (Points: 4) perfectively competitive monopolistically competitive oligopolistic monopolistic 15. (TCO 3) Why would an economist argue that a firm can make 'zero economic profit' and still be okay? The firm (Points: 4) has made zero accounting profit has made an accounting loss has covered its normal profit [break even] does not know what to do 16. (TCO 3) Why do firms Not want to produce to at an output level that is to the left of the profit maximizing output point? (Points: 4) They want to make sure they always produce where the marginal cost is greater than the marginal revenue They will make more on a per unit basis and sell more units. They will make more on a per unit basis but sell fewer units. They typically have no idea where the profit maximizing output point is. 17. (TCO 3) The profit maximizing rule can be used with which market structures: (Points: 4) Perfectly competitive firms. Monopolistic firms. Monopolies All of the above. 18. (TCO 3) The average total cost (ATC) curve and the average variable cost (AVC) curve: (Points: 4) get closer together as output rises get further apart as output rises remain parallel as output rises intersect when average total cost is at its minimum 19. (TCO 3) Which of the following firms is operating in the long-run rather than the short-run? (Points: 4) Wal-Mart Microsoft Google None of the above 20. (TCO 3) Pat opened his restaurant 10 years ago. He has a 15 year mortgage on his $200,000 building. He just paid off all of his equipment last year. He has a payroll of $400,000 a year, and his cost for product was $600,000 last year. A new freeway section just opened which bypasses his market area. Traffic has dropped by 60%. He realizes that he can no longer stay in business so he chooses to 'shut his operation down.' Which of the following is not true? (Points: 4) Fixed cost will be zero Variable cost will be zero Total revenue will be zero Fixed cost still remains. 21. (TCO 4) Which of the following statements about GDP is most accurate? (Points: 4) The dollar value of goods and services in a nation. The dollar value of all intermediate goods and services in a nation. The dollar value of all the final goods and services produced in a nation during the year. The dollar value of all intermediate goods and services produced in a nation in one year regardless of who owns the resources. 22. (TCO 4) Which of the following items would be included in GDP? (Points: 4) The value of French stocks purchased by a U.S. investor The output of a U.S.-owned software company in California The value of clean air The coffee sales in Starbucks shops in Japan 23. (TCO 4) Why are intermediate goods not included in the GDP numbers? (Points: 4) to restrict GDP to important goods. to maintain a constant definition for the consumer price index. to avoid multiple counting. to restrict GDP to goods that can be priced. 24. (TCO 4) When economists measure how well a nation's economy has been doing in recent years, they look at: (Points: 4) nominal GDP. real GDP. nothing specifically 25. (TCO 5) In general, unanticipated inflation causes: (Points: 4) creditors and debtors to be gainers creditors and de  more

Voting Question: Economics questions for review pleaseee help me?

18. (TCO 9) If the supply and demand for currency determines the exchange rates, this is called (Points: 5) Fixed Exchange Rate Freely Floating (flexible) Exchange Rate Gold Standard-based Exchange Rate A managed floating 19. (TCO 8, 9) Joe is laid off because the foreign demand for the product his firm produces fell. This is a result of the U.S. dollar (Points: 5) Being strong relative to other nation's currencies. Being weak relative to other nation's currencies. Being targeted by the IMF for deflation. none of the above 20. (TCO 8, 9) The U.S. Current Account Balance most often shows (Points: 5) A surplus A deficit Zero balance, equal number of debits and credits The smallest current account deficits relative to its GDP compared to other countries 13. (TCO 2) Mr. Smith has recently received a promotion with a significant increase in 'salary.' Since receiving his pay raise, Mr. Smith has eaten less canned foods. We would conclude that canned foods are (Points: 4) inferior goods substitute goods normal goods complementary goods 14. The price leadership model is an attempt to explain the behavior of a ____ market structure. perfectively competitive monopolistically competitive oligopolistic monopolistic 15. Why would an economist argue that a firm can make 'zero economic profit' and still be okay? The firm has made zero accounting profit has made an accounting loss has covered its normal profit [break even] does not know what to do 16. Why do firms Not want to produce to at an output level that is to the left of the profit maximizing output point? They want to make sure they always produce where the marginal cost is greater than the marginal revenue They will make more on a per unit basis and sell more units. They will make more on a per unit basis but sell fewer units. They typically have no idea where the profit maximizing output point is. 17. The profit maximizing rule can be used with which market structures: (Points: 4) Perfectly competitive firms. Monopolistic firms. Monopolies All of the above. 18. The average total cost (ATC) curve and the average variable cost (AVC) curve: (Points: 4) get closer together as output rises get further apart as output rises remain parallel as output rises intersect when average total cost is at its minimum 19. Which of the following firms is operating in the long-run rather than the short-run? (Points: 4) Wal-Mart Microsoft Google None of the above 20. (TCO 3) Pat opened his restaurant 10 years ago. He has a 15 year mortgage on his $200,000 building. He just paid off all of his equipment last year. He has a payroll of $400,000 a year, and his cost for product was $600,000 last year. A new freeway section just opened which bypasses his market area. Traffic has dropped by 60%. He realizes that he can no longer stay in business so he chooses to 'shut his operation down.' Which of the following is not true? Fixed cost will be zero Variable cost will be zero Total revenue will be zero Fixed cost still remains. 21. Which of the following statements about GDP is most accurate? The dollar value of goods and services in a nation. The dollar value of all intermediate goods and services in a nation. The dollar value of all the final goods and services produced in a nation during the year. The dollar value of all intermediate goods and services produced in a nation in one year regardless of who owns the resources. 22. Which of the following items would be included in GDP? The value of French stocks purchased by a U.S. investor The output of a U.S.-owned software company in California The value of clean air The coffee sales in Starbucks shops in Japan 23. Why are intermediate goods not included in the GDP numbers? (Points: 4) to restrict GDP to important goods. to maintain a constant definition for the consumer price index. to avoid multiple counting. to restrict GDP to goods that can be priced. 24. When economists measure how well a nation's economy has been doing in recent years, they look at: (Points: 4) nominal GDP. real GDP. nothing specifically 25. (TCO 5) In general, unanticipated inflation causes: (Points: 4) creditors and debtors to be gainers creditors and debtors to be losers creditors to be gainers and debtors to be losers creditors to be losers and debtors to be gainers  more

Resolved Question: Has anyone international finance?

A leader in your firm has been studying the foreign exchange market for a number of years and believes that she can predict several of the foreign currency exchange rates relative to the U.S. dollar. The firm has $500,000 to invest in the spot, forward, or options markets. Assume the spot rate is $1.3435 to the euro, and the forward rate for 12 months is $1.3705 to the euro. However, this leader is sure that the exchange rate in 12 months will be $1.41 to the euro. Explain how she can speculate on the belief that the euro will be $1.41 in 12 months. Calculate the amount of profit (ignoring exchange rate fees) that will be earned and the percentage return achieved. Also, recommend whether this speculative investment or another investment with similar or higher returns at lower risk should be selected.  more

Voting Question: in what year did fdr declare a "bank holiday" and why?

did he do it because he wanted to exchange the value of the currency at a lesser rate? did he do this in order to collect all ones gold and silver at a much lower market value? is this when the dollar bills were entered in our system as we know it today? are we headed for same situation again soon?  more

Resolved Question: can you help with these Exchange Rates?

If actions of the Chinese government caused a shortage of domestic currency, then the government fixed the exchange rate A. above the market equilibrium and dollars per yuan will tend to rise. B. below the market equilibrium and dollars per yuan will tend to rise. C. below the market equilibrium and dollars per yuan will tend to fall. D. above the market equilibrium and dollars per yuan will tend to fall. E. below the market equilibrium and yuan per dollars will tend to rise. no i mean pick a letter not advise sites  more

Resolved Question: is Forex a good place to start?

I have absolutely no portfolio so is the Forex worth getting into these days, is it a good market to dabble in? I have heard that exchanging currencies is easier for beginners then buying/selling stock, is that true? Was thinking about throwing a few bucks or so into the Foreign Exchange to play with. I don't expect much of a return, in fact I may very well lose it but I would like to give it a shot. Any pointers??? Where to begin??  more

Resolved Question: How to evaluate a country's economic performance?

Macro Econ here, my book is a little vague and I am writing a paper on a country's economic performance. I have googled and binged it like crazy and i have a short list here which I'll include but I still feel like I am missing a lot. This is my list please let me know what you think should be added. I do not need to make any comparisons to other countries. GDP economic growth standard of living (those three were examples on the assignment) industrial production index total trade (total exports, total imports) GDP growth revenue growth profit growth capital expenditure inflatioon rates interest rates currency exchange rates stock market indices unemployment rate unemployement claims (?) savings rates direct investments foriegn direct investments (those are all from windows live) Any suggestions would be awesome! please excuse the type-os! I need to get this done ASAP  more

Resolved Question: Do you think it would be more profitable to use sex slave girls as currency for exchange instead of fiat cash?

Do you think it would be more profitable to use sex slave girls as currency for exchange instead of fiat cash I have read a lot of Von Mises work on how a gold standard would restore our liberty. But I think gold has many of the same problems as cash, and would be vulnerable to counterfeit without the fed gov. But sex slaves would be pretty hard to forge. Sure you can put lipstick on a pig, but assuming buyers had a good chance to examine the merchandise, it would be much harder to counterfeit. Experts could examine for virginity and STDs. Now it is true that unlike gold, slaves have different market value. But competing firms could have different standards of attractiveness and issue paper cash based on that value. Thus cash tied to the most attractive slave girls would exchange higher. Now some men might not be interested in enjoying their rape slaves. Just like some men don't like playing with gold. They could simply keep the girls in the bank (prison), without ever having to physically house her.  more

Resolved Question: I have a few questions about currency ETF's (exchange traded funds)? Please help/advise. Thanks.?

I am 18 years old and I'm a new investor in the stock markets. I invest into smaller companies with growth prospects. Something new has hit my mind; ETF's, or exchange traded funds and the ones that interest me are the currency ETF's. I have a few questions as follows: 1) I want to know if you can go short as well as go long, i.e. if you have for example, say, a holding in a company's stock, and you thought it was going to fall, could you use ETF's to hedge your holding in that company and profit from the decline in the stock value? 2) I think, or at least I have worked out that currency tends to trend longer term trends, either up or down. Would it be possible to follow these trends whatever the direction, up (long), or down (short) and score a huge return in 1 year such as 100%+ if you compound your currency ETF's investment capital and profits? 3) Are currency ETF's good for day trading, or at least playing short term trends and compounding your profits throughout the year and scoring high returns, beating the big boys? This is all I'd like to know. Thanks for all help.  more

Resolved Question: Why should a developing economy care about foreign company earnings repatriation?

Let's say I am in charge of the economy in a developing market say Sri Lanka. My country is on the ocean and I have a lovely port. There are only two shipping companies servicing the port. One is based in the Sri Lanka and the other is a European company. They serve the same trade lane from Sri Lanka to Europe. As the head of the local economy do I get any economic value from the local company. What is the value? Is there value related to earning Euros abroad for the country? Is there any problem with a foreign company that sells freight in the local currency but immediately exchanges that for Euros. Maybe it spends a small amount locally but most is repatriated. Would appreciate thoughts on how to think about this question. Any economists out there?  more

Resolved Question: What role did currency exchange rates play in the decline of US steel?

In the debate over the decline of US steel manufacturers and auto makers some point to unions and government regulations as the chief culprits who inflated prices to such a degree that the US was prices out of the market. This asserts that it was action, not lack of reaction to a changing global market that precipitated the decline. What I would like to know is; what role did currency exchange rates during the 70's and 80's play in this? If the Japanese Yen was less valuable than the US dollar but Japanese companies were closing the gap in technology and production wouldn't THAT have been the true culprit? A strong US dollar in a global economy?  more

Resolved Question: Please Help Me With My Homework, i dont understand ;(?

Historical Context: Following the economic boom of the 1920s, the United States entered a period of prolonged economic depression. Known as the Great Depression, many citizens of the United States were greatly affected by it. During the Hoover and Roosevelt Administrations, several economic initiatives were developed to limit the effects of the Great Depression and allow the American economy to prosper once again. Task: Using information from the documents and your knowledge of United States history and government, answer the questions that follow each document. Your answers to the questions will help you write the essay, in which you will be asked to: 1. Describe the economic problems that existed during the Great Depression. 2. Discuss the strategies used by Herbert Hoover and Franklin Roosevelt to deal with these economic problems. 3. Evaluate the overall effectiveness of the economic programs initiated by Hoover and Roosevelt Document 1: New York Times: Stocks collapse 16,410,030 share a day but rally close cheers brokers; bankers optimistic to continue aid. 240 issues lose $15,894,818,894 in month; slump in full exchange list vastly larger. (October 30, 1929. Page 1, columns 6-8.) 1. According to the New York Times, what happened to the value of the American stock market in October 1929? Document 2: “…Values have shrunken to fantastic levels; taxes have risen; our ability to pay has fallen; government of all kinds is faced by serious curtailment of income; the means of exchange are frozen in the currents of trade; the withered leaves of industrial enterprise lie on every side; farmers find no markets for their produce; the savings of many years in thousands of families are gone… Our greatest primary task is to put people to work. This is no unsolvable problem if we face it wisely … It can be accomplished in part by direct recruiting by the government itself … but at the same time, through this employment, accomplishing greatly needed projects to stimulate and reorganize the use of our natural resources. Hand in hand with this, we must … endeavor to provide a better use of the land for those best fitted for the land. The task can be helped by definite efforts to raise the values of agricultural products and with this the power to purchase the output of our cities. It can be helped by preventing realistically the tragedy of the growing loss through foreclosure of our small homes and our farms. Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order; there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision for an adequate but sound currency.” -Franklin D. Roosevelt, First Inaugural Address, March 4, 1933 2a. According to Roosevelt, what problems did the United States face in 1933? 2b. What solutions does Roosevelt propose to end these problems? Document 3. “… Republicans followed a trickle-down theory… They reasoned that, if government legislation protected the wealth of big corporations and the well-to-do, their continued investments would expand the economy and a better life would ‘trickle down’ to workers and consumers in general. FDR and his advisors viewed things differently. They felt that government would use pump-primingthat government should take actions that would make the consuming public secure and optimistic… By increasing government programs, business activity would increase, thereby fostering consumer confidence and investment keeping the economy growing…” -United States History & Government: Constitutional & Geopolitical Patterns, 2001 3. Why did President Herbert Hoover follow a trickle-down theory in order to combat the Great Depression? Document 4. Tennessee Valley Authority (TVA) (May 1933): The TVA helped farmers and created jobs in one of America s least modernized areas. Reactivating a hydroelectric power plant provided cheap electric power, flood control, and recreational opportunities to the entire Tennessee River valley. Works Progress Administration (WPA) 1935-1943: This agency provided work for 8 million Americans. The WPA constructed or repaired schools, hospitals, airfields, etc. Decreased unemployment. Farm Security Administration (FSA): The FSA loaned more than $1 billion to farmers and set up camps for migrant workers. 4.How did the above New Deal programs attempt to solve the economic problems of the Great Depression?  more

Resolved Question: hi...Pls let me knw abt Thailand time , compares to IST - Indian Standard Time,Weather, food,travel safety?

Wil b Off to Bangkok n Pataya in April End..fr very first time..! Wanna to knwo abt d best opted activites frm Bangkok n sm sort of primary details about Thailand time compares to Indian Time , Weather, Food , nite outs n Etc..? Wish to knw abt currency exchange out lets , shopping markets , wht would b d currency rate of T Bahts to INR - Indian Rupees ..?  more

Resolved Question: Hello USA - Why do you keep bugging us in China to re-value our currency?

I understand that this would make American things cheaper in China and Chinese things cheaper in US but US imports far more from, than it exports to, China, so US would lose out in aggregate. The other so called "reason" is the US doesn't like its balance of payments situation with China. I thought everyone had now (post recession) understood that US has to learn to live within its means. So if you have a negative trade balance with one country you'd better see you get a positive one somewhere else. You can also go somewhere else to buy your imported goods - but then they'll be more expensive than from China - but you don't like the Chinese goods anyway and they'll also get more expensive if we re-value! So what is it you really want and how is it realistically attainable? You are close to accusing us of currency manipulation but we only peg our currency to the USD, so where's the manipulation. Threatening import tariffs (as you're now doing) sounds far more like (market) manipulation to me! And finally how long will it take your politicians to understand that you can't "force" the Chinese to do anything. Their culture will never let them be seen to be yielding to direct pressure. If you want something you'd do well to offer something in exchange and make some kind of a deal where both parties can present themselves as winner. The English did manage to force tea out of China by getting us hooked on opium but this kind of trick won't be too easy to repeat!  more

Resolved Question: Moving from the U.S. to Italy. Currency exchange?

I am moving from the U.S. to Italy in a month and am trying to figure out the cheapest way to take around $9000 with me. I would like to exchange dollars to euro while the market is good but I don't think carrying that much euro around is a wise thing to do. I DO NOT have a bank account in Italy nor do I know anyone who currently has one, so wires aren't really an option. I have tried cashiers checks in the past and that was a really bad idea (it was difficult finding a back to cash them and when they did the fees and exchange rate were a joke). Does anyone know of some other options?? Educated replies very much appreciated!!! THANKS!  more

Resolved Question: Is following the medium-long term trend the best way to spread bet currencies?

I just have a curious question on spread betting the foreign exchange markets or forex and if the best way to trade it is by following the medium-term to long-term trend, i.e. a few weeks to a few months? Is this the best way to trade it as this is what I did with my practice account and gained 426% in 2 weeks? Is this the best way to go about it as I know currencies usually trend long-term? Please help/advise. Thanks.  more

Resolved Question: currency and the stock market?

I live in Canada, but im mostly interested in the US stock exchanges. I was wounding how currency works in the stock market. Is there any way to avoid the fluctuation between currency or do I have transfer my capital into US funds then transfer in back to CAN when I go to withdrawal it? I use questrader but I have it on a default setting where it automatically transfers the funds back into CAN when I go to sell it. Is this a good Idea? I know im new to this, but is there any setting I can use to get the same exchange rate back as I bought in no matter how high or low the currency changes? or do I have to exchange my funds into US then trade it back into candian when I need it?  more

Resolved Question: Why does the government buy foreign currency in the market if the exchange rate is above desired?

i don't understand how it could decrease the domestic exchange rate?  more

Resolved Question: Economics Objectives questions help needed with explanation also?

1. Suppose price rises from $15 to $17 and quantity demanded decreases by 20% we conclude that: A) Demand is inelastic B) The elasticity of demand is 2 C) Total revenue will decrease D) Demand is unit elastic 2. Disposable income is: A) Total income plus transfer payments B) Total income minus saving C) Total income plus next taxes D) Total income minus next taxes 3. Market structure in which strategic considerations are most important: A) Monopolistic competition B) Oligopoly C) Pure competition D) Pure monopoly 4. An individual whose attitude toward risk is illustrated: A) Risk averse B) Risk loving C) Risk neutral D) None of the given is necessarily correct 5. Marginal rate of substitution is equal to: A) Magnitude of the slope of indifference curve B) Relive price C) Marginal cost of each good D) Slope of the budget line 6. The demand for chicken is downward-sloping. Suddenly, the price of chicken rises from $130 to $140 per kilo. This will cause: A) The demand curve to shift to the left B) The demand curve to shift o the right C) Quantity demanded to increase D) Quantity demanded to decrease 7. According to the Classical Models, the level of employment is determined primarily by: A) Level of aggregate demand for goods and services B) Price and Wages C) Government taxation D) Government Spending 8. To make the equation of exchange into the quantity theory of money: A) V and Q are assumed to be constant B) The money supply is assumed to be produced by the banking system and not exclusively in currency C) The quantity of money is assumed to determine the real GDP D) M and P are considered 9. Assume that the government sets a ceiling on the interest rates that the banks charge on loans. If the ceiling is set below the market equilibrium interest rate, the result will be: A) A surplus credit B) A shortage credit C) Greater profits for banks issuing D) A perfectly inelastic supply of credit in the market place 10. A $1 increase in the government spending will have a larger impact upon national income than a $1 tax cut because: A) The government prints the dollar it spends B) Not all of the tax cut is spent C) When taxes are cut, so too is government spending D) Taxes are an injection into the system 11. A person with diminishing marginal utility of income: A) Will be risk averse B) Will be risk neutral C) Will be risk loving D) Cannot decide without more information 12. Which of the following is not a reason why the aggregate demand curve slopes downward? A) The exchange rate effect B) The wealth effect C) The Classical Dichotomy/monetary neutrality effects D) The interest rate effect 13. Which of the following concepts apply to oligopoly more than to any other market structure? A) Advertising and product differentiation B) Easy entry and more than one firm in the market C) Homogeneous product and perfect information D) Concentration and interdependence 14. Suppose that a farmer grows wheat and sells it to a baker for $1, the baker makes bread and sells it to a store for $2 and the store sells it to the customer for $3. This transaction increases GDP by: A) $1 B) $2 C) $3 D) $6 15. Which of the following could be considered a fixed cost for a pizza store? A) The mortgage payment on the store B) Tomatoes and cheese C) The utility cost to operate the ovens D) Pizza boxes  more

Resolved Question: Money markets are markets for?

a. Foreign currency exchange. b. Consumer automobile loans. c. Corporate stocks. d. Long-term bonds. e. Short-term debt securities.  more

Resolved Question: What is the difference between buying foreign currency in exchange for domestic currency....?

And selling foreign currency in exchange for domestic currency on the foreign exchange market?  more

Resolved Question: please please help me with these economic questions.?

these are all true or false questions. PLEASE HELP I REALLY NEED IT 1. An important function of money is to be a medium of exchange. 2. One reason why many banks failed during the Great Depression of the 1930's was that they were under insured. 3. One advantage of modern money (coins, currency, checks) is that they are easy to carry. 4. Individual Retirement Accounts are good because you never have to pay taxes on these savings. 5. Bonds are sold or issued by businesses or the government when they need to borrow money for long periods. 6 A "bear market" is an active market where the price of stocks have been moving up for some time. 7. The Gross Domestic Product is a reliable measure of the country's economic performance and health. 8. By the year 2050, the rate of population growth in the United States is projected to increase rapidly. 9. Disposable Personal Income is what you have to spend after you have paid your personal income taxes. 10. The lowest point of the business cycle is the "Trough". 11. When the real GDP declines two consecutive quarters, the country is officially in a recession. 12. One advantage of inflation is the dollar buys more. 13. One of the most important responsibilities of the Fed is monetary policy. 14. If a bank has excess reserves, it is able to make additional loans to customers. 15 An easy money policy would reduce the money supply and tend to raise interest rates. THIS IS A REALLY BIG HELP. THANK YOU SO MUCH!  more

Resolved Question: How to keep track of the Stock Market, especially Hang Seng, American Stock Market, Japanese, Europe?

How to keep track of the Stock Market, especially Hang Seng, American Stock Market, Japanese, Europe, as well as live currency quotes and also the value of each stock exchange as valued in gold.  more

Resolved Question: I want to know where I could exchange Myanmar Kyats in India (Delhi)?

I would like to exchange Myanmar Kyats in international rates indelhi, but I am unable to find any suitable place to exchange it, even westrn money have refused to exchange, they said that no one wants this currency as the market value is not good, but I found that it has a good exchange value i.e 7Rs/1 Kyat!! Please guide..  more

Resolved Question: North korea recenlty evaluated its currency at a rate of 100 to 1..what is the purpose ? .also north koreans?

will be able to exchange current amount of 40 dollars for their new bills and anythng above it wil be lost.what does it mean in economic terms.iwhy does a governement revaluates its currency.how does it help to curb inflation.is it to dry up excess of liquidity in the market ?..also how will it help a socialist nation like north korea to crack down on increasing private bussiness market ?.. any economic insight into my question will be really helpful..thanking all the answeres for their effort ..  more

Resolved Question: Economics help please...?

Answer each question in one or two paragraphs: 1. Define the term GDP and explain why some products are excluded from the GDP. 2. “It doesn’t pay to put all your eggs in one basket.” Why might a saver decide to take this advice to diversify his or her portfolio of assets? 3. Suppose that the government of the small nation of Stabilia is overturned by a military coup. (The new ruling junta restores the country’s old name of Instabilia.) What would you expect to happen to Instabilia’s real interest rate and real exchange rate? Answer each question in one to four sentences each: 1. The IRS indicates that many Americans report their income from illegal sources. The IRS also estimates the total amount of illegal income earned in the United States. Why do you suppose we don’t include the income reported from illegal sources as part of GDP? 2. In 1950, the price of soft drinks was $0.10. In 1990, the price of soft drinks was $0.60. If the CPI in 1950 was 30 and the CPI in 1990 was 90, what was the change in the price of soft drinks from 1950 to 1990, measured in 1950 dollars? 3. How is knowledge a public good? 4. What is the financial system, and what is its purpose in the economy? 5. What are the three tools of monetary control available to the Fed? 6. What is it that ensures that in the long run, the quantity of money supplied by the Fed will equal the quantity of money demanded by the public? 7. What is meant by the term purchasing-power parity? 8. The foreign exchange market is the market where U.S. dollars and other currencies are bought and sold, and where exchange rates are determined. Explain how the exchange rate can be understood as the price of a dollar. 9. Why does unemployment rise in recessions? 10. Suppose the U.S. Army closes a base in the town of Paxville. What is the likely effect on the stores and other businesses in Paxville? What fiscal policy does this illustrate?  more

Resolved Question: I NEED HELP PLEASE ASAP?

1.One serious problem with this type of business organization is that the owners sometimes tend to disagree, and then are inclined to separate. 2.In the U.S. economy today, the vast bulk of the producing capability is owned by what type of business organization? 3.An industry/market which is noted by control by one company. 4.An industry/market noted by control of a very few, often large, companies. 5.A monopoly permitted by and regulated by the government for its greater social good such as a telephone company. 6.The automotive manufacturing business in the U.S. Is an example of what type of market? 7.What index measures the general change in prices over time? 8. Inflation is: 9.This is a measure of growth and is often used as a point of analysis in macroeconomics 10.Recurring booms and busts in a free market economy. 11.When a country buys goods that it needs from another country, it is called: 12.The Industrial Revolution of the 1850s centered, or, began, in what country? 13.Who invented the cotton gin? 14. What exchange rate system depended on precious metals as “backing” for the nations' currency? 15.It is very important for an individual to work hard to keep this business item “clean”. 16.Very bad credit, such as that noted by a bankruptcy, can take very often how long to clear? 17.This is what a bank charges you for your use of its money under a loan. 18.A person/business organization selling a product 19.A scarce commodity used in an economic system. 20.When one actually buys the product rather than just desiring the product. 21.Of the 4 components of demand, which of the following is(are) included?  more

Resolved Question: Now Greece has gone belly up, who is next in the Euro Zone? Portugal, Ireland or Italy.?

Greece is in an economic mess, and has had its debt down graded to DDD+. It was a member of the suspect Euro Zone economies called PIGS, standing for Portugal, Italy (or Ireland), Greece and Spain. The Euro, as a result of Greece's impending default on debt, is falling. Not as far as it could as the markets are waiting to see if France and Germany will bail out the Greeks in a spirit of European Brotherhood, and to save the Euro. Which euro economy will default next? Will the euro survive? Or will the Germans get back their beloved Mark, and France its historic Franc? The Irish have said that if they had control of their currency then the short to medium term effects of the recession would have been less on their economy, as they would have had manoeuvrability in the exchange markets - translate: less job losses and less debt - but they would stay in the Euro for the 'long term gains'. How long will Ireland be allowed to stay in the Euro if Greece is cut lose? A few questions in one, but I would like to know peoples thoughts about the situation as a whole. So sorry random, but it is DDD+, which is for countries in immediate danger of default. So sorry, but the euro has restricted national independence in economic action. It is good for Germany and France but is not flexible in the case of the PIGS. The boom in the Irish and Greek economies due to the Euro has now come at a terrible price in the bust. The fall of the former soviet republics would not affect europe in the same way as a euro zone member would. Should a euro member fall, then there is doubt if the euro zone itself will survive without kicking out members - some of whom should not have been in it in the first place. More european ideology and politics before practicalities.  more

Resolved Question: Can you answer these economics questions?

1. In the open-economy macroeconomic model, if net capital outflow increases then a. the demand for dollars in the market for foreign-currency exchange shifts right. b. the demand for dollars in the market for foreign-currency exchange shifts left. c. the supply of dollars in the market for foreign-currency exchange shifts right. d. the supply of dollars in the market for foreign-currency exchange shifts left. 2.Which of the following is included in the demand for dollars in the market for foreign-currency exchange in the open-economy macroeconomic model? a. A firm in Mexico wants to buy corn from a U.S. firm. b. A Japanese bank desires to purchase U.S. Treasury securities. c. An U.S. citizen wants to buy a bond issued by a Mexican corporation. d. All of the above are correct. 3. When the real exchange rate for the dollar depreciates, U.S. goods become a. less expensive relative to foreign goods, which makes exports rise and imports fall. b. less expensive relative to foreign goods, which makes exports fall and imports rise. c. more expensive relative to foreign goods, which makes exports rise and imports fall. d. more expensive relative to foreign goods, which makes exports fall and imports rise. 4. If the supply of dollars in the market for foreign-currency exchange shifts left, then the exchange rate a. rises and the quantity of dollars exchanged falls. b. rises and the quantity of dollars exchanged does not change. c. rises and the quantity of dollars exchanged rises. d. falls and the quantity of dollars exchanged does not change. 5. If for some reason Americans desired to increase their purchases of foreign assets, then other things the same a. both the real exchange rate and the quantity of dollars exchanged in the market for foreign-currency exchange would fall. b. both the real exchange rate and the quantity of dollars exchanged in the market for foreign-currency would rise. c. the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign-currency would fall. d. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign-currency would rise. 6. An increase in the budget deficit a. reduces net capital outflow and domestic investment. b. reduces net capital outflow and raises domestic investment. c. raises net capital outflow and domestic investment d. raises net capital outflow and reduces domestic investment. 7. If a country raises its budget deficit, then in the market for foreign-currency exchange a. supply shifts left. b. supply shifts right. c. demand shifts left. d. supply shifts right. 8. Which of the following would not be a consequence of an increase in the U.S. government budget deficit? a. U.S. interest rates rise. b. U.S. net capital outflow falls. c. The real exchange rate of the U.S. dollar depreciates. d. The U.S. supply of loanable funds shifts left. 9. Which of the following leads to an increase in net exports in the long run? a. either a decrease in the budget deficit or imposing an import quota b. a decrease in the budget deficit but not imposing an import quota c. imposing an import quota but not a decrease in the budget deficit d. neither a decrease in the budget deficit nor imposing an import quota 10. If the government of Kenya implemented a policy that decreased national saving, its real exchange rate would a. depreciate and Kenyan net exports would rise. b. depreciate and Kenyan net exports would fall. c. appreciate and Kenyan net exports would rise. d. appreciate and Kenyan net exports would fall. Everybody let's thank Lionel for his help. He posted on Yahoo! Answers, yet posted no answer. Very impressive.Thanks, Lionel!  more

Resolved Question: Who and what decides how much a countries currency is worth in the global market?

Going to different countries, I'm seeing some crazy exchange rates. What gets me is that a loaf of bread might cost $1 in one country, and one monetary unit in another country, but the dollar bill will be worth 10 times as much . When all the items you buy in one country seem to cost the same amount of bills, what makes one so much weaker in the global market? Maybe the answer takes some explaining, so maybe you just know a good website that tells who and why. Whoever determines this must be the most powerful people on the planet, as far as that goes.  more

Resolved Question: Do automated forex trading robots work in the forex currency market?

I'm considering purchasing a program that is an automated trading "robot" on the forex currency exchange. Has anyone out there ever had a fallout or lost a lot of money using this system?  more

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Foreign exchange market - Wikipedia, the free encyclopedia
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies.

Currencies - Currency Converter & Latest Rates at CNNMoney.com
Currency Center ... The market data is the property of Chicago Mercantile Exchange Inc. and its licensors.

Foreign Currency Exchange
The foreign exchange (currency or forex) market exists wherever one currency is traded for another. It is the largest market in the world, in terms of cash value traded. Learn More

Currency Markets News and Data - FT.com
Currency markets news from the Financial Times, with up to date currency prices and investor analysis on FT.com

The Basics of Foreign Trade and Exchange - Federal Reserve Bank of New ...
The price of one currency in terms of another is called an exchange rate. The market itself is actually a worldwide network of ...

Starter Information for FOREX Trade Beginners
The foreign exchange market or forex market as it is often called is the market in which currencies are traded. Currency Trading is the world's largest market consisting of almost ...

Information about the Foreign Currency Exchange Market
Also known as the spot currency or forex market, the foreign currency exchange market is the largest market in the world, consisting of about $1.9 trillion in transactions every ...

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