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  • 07-11-2008 11:07pm
    #1
    Registered Users Posts: 105 ✭✭


    :) hi there! just a wee bit stuck anybody got any idea what to say on a question asking how government affects
    1. exchange rates
    2. inteerest rates

    i know how thay affect government/ economy just not sure what points are relevant in the reverse????


Comments

  • Closed Accounts Posts: 6,362 ✭✭✭K4t


    lorr3 wrote: »
    :) hi there! just a wee bit stuck anybody got any idea what to say on a question asking how government affects
    1. exchange rates
    2. inteerest rates

    i know how thay affect government/ economy just not sure what points are relevant in the reverse????
    Exchange rates: They can revalue or devalue the exchange rate.

    Interest rates: The ECB sets interest rates and the Irish government implements them I think.

    I haven't got that far in the book yet so don't take my word for it.


  • Registered Users Posts: 17,965 ✭✭✭✭Gavin "shels"




  • Registered Users Posts: 2,604 ✭✭✭xOxSinéadxOx


    lorr3 wrote: »
    :) hi there! just a wee bit stuck anybody got any idea what to say on a question asking how government affects
    1. exchange rates
    2. inteerest rates

    i know how thay affect government/ economy just not sure what points are relevant in the reverse????

    the exact opposite? I'm not really sure what your asking though


  • Registered Users Posts: 105 ✭✭lorr3


    thanks a bunch :)


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