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
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2
Q

Exchange rate examples

A
£10 - 1300yen 
            15 dollars 
            780 rupees 
            12 euros 
(2018 , exchange rates change)
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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 .

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