All Else Being Constant,a Currency Should _______ If There Is

question 8

Multiple Choice

All else being constant,a currency should _______ if there is _______ in the real rates of return,relative to those in other countries.

• A) depreciate; no change
• B) depreciate; an increase
• C) appreciate; a decrease
• D) appreciate; an increase

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Definitions:

Market Share

The fraction of a market occupied by an individual company or product, often described by its percentage of aggregate sales in the market.

Herfindahl Index

A measure of market concentration used to determine the amount of competition among firms within an industry.

Market Shares

The share of sales within an industry attributed to a certain company.

Herfindahl Index

An indicator used to measure the size of firms in relation to the industry and an index of market concentration.