Chapter 2- Examples Of And Impacts On Flashcards
1
Q
Currency examples
A
Japan - yen France - euro Ireland - euro India - rupee Australia - Australian dollar USA - american dollar Uk - pound
2
Q
Exchange rate examples
A
£10 - 1300yen 15 dollars 780 rupees 12 euros (2018 , exchange rates change)
3
Q
Impact on a business if interest rates decrease
A
Low interests are good for a business.
It decreases the costs of businesses with a bank overdraft or bank loan.
It increases the demand for their product , this is because their consumers have more disposable income .