-
Home
- Business
- Economy
- Capitalism Market Economy
- Lesson 12: Interest, Credit,
- *What is the connection between
-
Card 68 / 100: *What is the connection between interest rates and currency exchange rates?
Answer:
Interest rates allow entrepreneurs to convert money units from different years into a common denominator. Currency exchange rates allow entrepreneurs to convert money units from different countries into a common denominator.
-
Keyboard Shortcuts
| Previous Card |
← Previous Card Button |
| Next Card |
→ Next Card Button |
| Flip Card |
Space-Bar |
<< First
< Previous
Flip
Next >
Last >>
Interactive Question
Test Home Page
|
Dr.Robert MurphyAssociated Scholar
Mises Institute
USA
|
Attribution:
Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
Flash Cards plugin by Curtis Blackwell github.com/curtisblackwell/flash_cards
Google Play and the Google Play logo are trademarks of Google Inc.
