A Fall in the Rand's Nominal Exchange Rate in Terms

question 12

Multiple Choice

A fall in the rand's nominal exchange rate in terms of US dollars

• A)will always lead to a fall in the real exchange rate of the rand in terms of US dollars.
• B)may be offset by a rise in the price level in SA so that the real exchange rate of the rand in terms of US dollars is unchanged.
• C)will always make US imports into SA more expensive relative to goods produced in SA.
• D)may make SA a less affordable holiday destination for US residents.

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Definitions:

Release of Information

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Command Hallucinations

Auditory hallucinations where the individual hears voices commanding them to perform actions, sometimes dangerous, associated with certain psychiatric disorders.

Seclusion

Seclusion is the practice of isolating individuals from others, typically for the purpose of calming or reducing risk of harm to themselves or others, often used in psychiatric settings.

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