Jaisul Naik

State provision occurs when the government choose to provide goods and services free of charge, to correct a market failure. For example, dental care is a service that has positive externalities in consumption.

Exchange rates are the price of a currency in terms of another. A fixed exchange rate is when the value of the currency is managed by the central bank who buy and sell

Exchange rates are the value of one currency in terms of another. Three factors that can cause a currency to depreciate are a decrease in exports, an increase in imports and a decrease

Exchange rates are the price of one currency in terms of another. Three factors that can cause a currency to appreciate are an increase in exports, a decrease in imports, and an increase