0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
An increase in nominal GDP increases the demand for money because?
An increase in nominal GDP impacts the demand for money in different ways. It causes the need for money to increase as more US products are sold to different countries, the US dollar value increases on importing goods from other countries. More money is needed in circulation because more goods can be bought with the US dollar from other countries as it has more value than the currency of other countries in which we are importing from.
What is a 1941 dollar worth in relation to a 2009 dollar?
Here is a website that allows you to compare the value of todays dollar from 1790 through 2007 in severeal different ways. http://eh.net/hmit/
If the Asian countries faces decline in economic growth how will their currencies values be affected relative to the us dollar?
if Asian countries faces decline in economic growth then the value of dollar will appreciates with these currencies
If interest rates rise what will happen to the value of the dollar?
When US interest rates rise the dollar appreciates or rises in value. Because our interest rates are increasing, other countries are buying our capital which causes the demand from US dollars to increase and increases the exchange rate, meaning it takes more of another currency to buy an American dollar.
How can the economic effects of tourism be lessened?
One way is to increase the value of your countries currency. Tourists are attracted to a country in which their money has more value; shun a country where their currency has less value. Twice in Canadian history the value of the Canadain dollar has exceeded the value of the American dollar. In both instances immediate steps were taken to devalue the Canadian dollar by the Canadian government.
Value of piso compare to dollar from November 1 to 12?
Value of piso compare to dollar from November 1 to 12?
How does their currency compare to the us dollar?
value
How does the value of a 1929 dollar compare with a 2007 dollar?
$1.00 in 2007=$12.27 in 1929
Dollar value in other countries?
Rates change every day. Check a site such as www.xe.com for up to date values.
An increase in nominal GDP increases the demand for money because?
An increase in nominal GDP impacts the demand for money in different ways. It causes the need for money to increase as more US products are sold to different countries, the US dollar value increases on importing goods from other countries. More money is needed in circulation because more goods can be bought with the US dollar from other countries as it has more value than the currency of other countries in which we are importing from.
What was the Canadian dollar worth?
The Canadian dollar has changed in value over the years. I would need a particular year and currency to compare it with to answer this question.
What is a 1941 dollar worth in relation to a 2009 dollar?
Here is a website that allows you to compare the value of todays dollar from 1790 through 2007 in severeal different ways. http://eh.net/hmit/
What is 1.35 dollars in the US?
It is a small amount of legal currency used in the US. The dollar being the basic unit and subdivisions are called cents. There being 100 cents to one dollar. It is a simple way of saying one dollar and thirty five cents. It should be noted that several other countries use the same names however how they compare in value depends on the market strength of the respective countries which changes slightly several times a day. To find the current comparative values go to the link below.
What happens when the us dollars goes up in relation to foreign goods'?
When you are living in the USA and the value of the dollar rises, e.g. with respect to the euro, then it will be cheaper to import goods from other countries (because your dollar is more valuable)
What is the value of European pound in the world?
There is no currency called the European pound. Several countries in Europe use the Euro as their currency. To compare this with other currencies use the link below
On whch factors the gold rates depends?
based on US dollar value gold rate depends . If our rupee value decreases when compare to US dollarvalue , Gold rate increases. Indirectly gold rate depends on US dollar value in my expectation
If the Asian countries faces decline in economic growth how will their currencies values be affected relative to the us dollar?
if Asian countries faces decline in economic growth then the value of dollar will appreciates with these currencies
