what is the r/n b/n economic growth and the value of currency?
476005
Typically, smaller economies grow faster than developed economies as measured by GDP per capita.  The exchange rate, or value of their currency is affected by a lot of different factors including debt, barriers to trade, GDP, trade balance, etc.  All else being equal, if per capita GDP increases, the value of the currency should also increase.
531002
A sum of average wages in every country multiplied by number of employed in every of them... If to count only legally working persons.\n\nADDITION taking into account other answers: currency matter little - almost all products move all over the world now. Another thing that some people evaluate the same services more or less. Mostly because of lower investment into their self-esteem and education... That makes one countries even more poor than they could be.
754895
I'm not sure what grade level we're going for here, because if it's for  middle school, you don't want to get too complicated.\n\nEssentially though:\n\nComparision: China started implementing a lot of reforms in the late 1970s to open their communist style of government (where the government owns all the industry) to having more market style. And this has helped their industry boom to now. United States is a market based economy.\n\nContrast: US's GDP is about 10 times that of China's, and the per capita in US is also about 10 times as high. Most of US economy is the service sector (people providing services that they charge money for) whereas most of China's economy is industry (making stuff).\n\nChina's economy is growing at about 10% a year, and the US is growing at about 3% a year.\n\nAlso, a big difference in US economy/society and China is that in the US, there are more safeguards for Intellectual Property...meaning if someone creates something, we give them patents so they can say it is their idea and make money on it. In China intellectual property isn't really as valuable, so that stifles a lot of their creativity or desire to create new things.\n\nAlso a big difference is the US currency, the dollar, is traded on the open market. Meaning other people can buy or sell the dollar, so the value of it can change depending on how powerful people think our economy is. On the other hand, China's government decides how much the Chinese currency, the yuan, should be worth.
38468
The open market perceived value of the currency and the economies that they represent.  More nations and companies do business in dollars (US) than in pesos (i assume Mexican).  The need for dollars drives up its value where a glut in a currency like the peso will drive its perceived as well as inherent value down.
633028
Are you asking in terms of forex trading? In forextrading, the value goes up and down daily. You can get more info at -\n\nhttp://the-forex-trading.blogspot.com
757194
gross domestic product   \n\nhere it is measured in US$\n\nhttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
208823
Gross Domestic Product refers to the price of all goods and services produced in the country.  Nominal GDP is expressed in dollars.  Real GDP is an adjusted figure, taking into account inflation.
452882
GDP is a measure of the size of its economy.\nTo find GDP,\nGDP = consumption + investment + government spending + (exports − imports) \n\nthis is a mathematical relation.don't know whether increase in gdp will attract more investment
436052
try http://www.economist.com/countries/Russia/profile.cfm?folder=Profile%2DEconomic%20Data\n\nIt states\n\nCurrent-account balance/GDP 2000: 18.04 2001: 10.95 2002: 8.65 2003: 9.02
813664
571,121,194,344 / 3,148,700,000 = 181.383172\n\nThe currency grew by 181.383172 from 1910 to 2000.
651217
Through the years, there have been a number of approaches to this issue: the first measurements of economic development relied on GDP per capita, expressed in terms of a numerary currency, such as the American dollar; this method of measurement has been all but abandoned by international financial institutions in favor of GDP per capita adjusted by purchasing power parity (PPP). A more holistic approach has been favored by institutions such as the United Nations Development Program, which annually measures the Human Development Index (HDI) for a wide number of nations; the HDI is composed of three variables:\n\n1. GDP per capita, adjusted by PPP\n2. Life expectancy at birth\n3. Literacy proportion\n\nFor more info on GDP calculations and PPP, look them up in a macroeconomics textbook: Dornbusch, Fisher and Startz or Mankiw are good options.
640155
It's a little of both.\nThe cost of living has risen constantly over time. This is evidenced by the median prices of all goods. I'm pretty sure that I couldn't live on the $2.74/hr which my first job paid me!\nBut our dollar value has dropped, too.\nThere was a time when the U.S.Dollar was the highest standard in currency. However, with Europe uniting the Euro is now much stronger than the dollar. As other nations improve their standards of living, the price of importing their goods also goes up.\nAnd so, the circle continues.
473163
Well, GDP is Gross Domestic Product meaning the worth of the nation in proportion to the number of citizens in the nation. The economy has a direct relation to the GDP because if the economy does well and continues to grow (not necessarily inflation) then the country will continually to get more money meaning that if it were spread evenly throughout the population, each person would have more and more. I hope this helps you. It's kind of hard to explain.
643106
In economics, inflation is an increase in the money supply or an increase in prices.\n\nThe two most obvious versions of this, each held by some economists to be "real" inflation, are for prices of goods and services in the currency in question to rise, or for the money supply to increase.\n\nPrice inflation is closely akin to "cost of living" measurement, where a "basket" of goods, and comparing the prices at two intervals, and adjusting for changes in the intrinsic basket. But, technically, this is not raw inflation; it is an attempt to determine real-life value of money compared to the members of the society in question, adding other factors like increased expectations.\n\nRaw inflation measurement does not adjust for expectations, but directly measures the change in the price of goods.\n\nThere are different measurements of price inflation, depending on the basket of goods selected. The most common measures are of consumer inflation, producer inflation and GDP deflators, or price indexes. The last measures inflation in the entire economy.\n\nGeneral price inflation is a fall in the purchasing power of money within an economy, as compared to currency devaluation which is the fall of the market value of a currency between economies. The extent to which these two phenomena are related is open to economic debate, though the comparison of a currency to foreign currencies is based on investor demand for currencies, and therefore must at least partially be a matter of perception.\n\nBoth of these are often caused by money being added to an economy, either as printed currency or as virtual money lent to banks or other entities. This is called currency inflation, and can cause price inflation or currency devaluation. But, because the general amount of wealth gradually changes in an economy (as long-lasting things are created, new technologies invented, et cetera), a small amount of currency inflation need not cause price inflation.\n\nSome terms related to inflation:\n\ndeflation is a rise in the purchasing power of money, and a corresponding lowering of prices (the opposite of inflation). \nDisinflation refers to slowing the rate of inflation, that is, prices are still rising, but at a slower rate than before. \nReflation is a term used to denote inflation after a period of deflation, meaning inflation designed to restore prices to a previous level. \nHyperinflation is rapid inflation without any tendency towards equilibrium - that is, an inflation that produces even more inflation. \nIn some contexts the word "inflation" is used to mean an increase in the money supply, which is seen as a cause of price increases. Some economists (of the Austrian school) still prefer this meaning of the term, rather than to mean the price increases themselves. Thus, for example, some observers refer to inflation in the 1920s in the United States even though the prices of some baskets of goods were not increasing at the time. The word "inflation" will be used to refer to a general increase in prices unless otherwise specified.\n\n\nEconomic role\n\nOne effect of small steady inflation is that it is difficult to renegotiate some prices, and particularly wages and contracts, downwards, so that with generally increasing prices it is easier for relative prices to adjust. Many prices are "sticky downward" and tend to creep upward, so that efforts to attain a zero inflation rate (a constant price level) punish other sectors with falling prices, profits, and employment. Thus, some business executives see mild inflation as "greasing the wheels of commerce". Efforts to attain complete price stability can also lead to deflation (steadily falling prices), which can be very destructive, risking bankruptcy for companies that do not react, ultimately resulting in recession (or even depression).\n\nMany in the financial community regard the "hidden risk" of inflation as an essential i
684893
yes it has a great effect in macro economics dealing with exchange rates and interest rates and foreign trade. a weak or undervalued currency is better for manufacture of goods in your country and a strong currency is better if you import goods from other countries.
180940
Strong and growing. Thanks to the great fiscal managment of the Government. Monetary policy has been good to.\n\nCheck out the following: GDP and its growth rate, CPI increases, Unemployment rate, Interest rate just to name 4
187458
Currency values between countries aren't controlled by any specific agency or anything, they're resultant of the economic factors in the various countries. A country can't just one day say 'hey, our currency's worth 10 times more than it was yesterday!' - it's a measure of how much money will by in the given countries versus production costs, etc. etc. - it isn't a controlled value.