Day: March 4, 2023

This is a persistent and generalized increase in price levels  making the consumers to have a low purchasing power. It is a process in which price levels are rising at a rapid rate and money is losing value. It is Read More …

The Determinants of Rate of Exchange The determination of foreign exchange rate can be traced from two theories of exchange rates. The Mint Power Parity Purchasing Power Parity The Mint Power Parity relates to equating standard coins of different countries Read More …