Homework: Fiscal Policy
Write a paper that addresses the following issues: 900 to 1,100 words
1) What is the importance of exchange rates?
2) Who benefits and who loses when a country's currency appreciates?
3) Who benefits and who loses when a country's currency depreciates?
4) In the long run, what are the major factors that impact exchange rates?
5) Understanding central banks impact exchange rates, select three central banks and demonstrate/ explain how this occurs.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.