Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. b) explain at least two possible i. positive econo

b) Explain at least two possible i. Positive economic effects of devaluing the pula. ii. Negative economic...

80.2K

Verified Solution

Question

Economics

b) Explain at least two possible
i. Positive economic effects of devaluing the pula.
ii. Negative economic effects of devaluing the pula.
[12 marks]

Answer & Explanation Solved by verified expert
3.7 Ratings (426 Votes)
A devaluation means there is a fall in the value of a currencyDevaluation is an official lowering of the value of a countrys currency within a fixed exchangerate system in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket For instance let us suppose 5 pula 1    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

JE to Record R&D and Patent6. During 2010, Bills Corporation spent $170,000 in research...

Accounting
Q

5. People’s Choice, a monthly magazine, claimed that more than 40% of its subscribers had an...

Basic Math
Q

A coin is flipped 100 times, and 42 heads are observed. Find a 99% confidence interval...

Statistics
Q

Refrigerant 22 passes into a device operating at steady state with a single inlet and two...

Mechanical Engineering
Q

Which statement correctly describes the formation of an electric current?OA resistance causes electric charges to...

Physics
Q

Historically 2 percent of the stray dogs in Southfield are unlicensed On a randomly chosen...

Statistics
Q

Following is information on two alternative investment projects being considered by Tiger Company....

Accounting
Q

same asvertiting in local niwspacess [Noce: Combine boch transkitions into ene entray] rrencintins

Accounting
Q

[The following information applies to the questions displayed below.] Deliberate Speed Corporation (DSC) was incorporated...

Accounting
Q

In its first month of operations. Coronado Company made three purchases of merchandise in the...

Accounting
Q

21 ? 4 Territory and Product Profitability Analysis Coast to...

Accounting
Q

Question 2 Dr. Leeper computed a ratio of firm value (which he defined as market...

Finance