How Long to Read Currency Substitution

How Long Does it Take to Read Currency Substitution?

It takes the average reader and 32 minutes to read Currency Substitution by Mr.Benedict J. Clements

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper analyzes the determinants of currency substitution in Bolivia in the period following the 1984/85 hyperinflation. We find that expected exchange rate depreciation and actual interest rate differentials between boliviano and dollar deposits in the Bolivian banking system are statistically significant determinants of the degree of currency substitution. However, the explanatory power of these variables is low compared to variables that measure the degree of inertia in the currency substitution process. Thus, further reductions in inflation or higher interest rates for boliviano bank...

How long is Currency Substitution?

Currency Substitution by Mr.Benedict J. Clements is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Currency Substitution Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Currency Substitution aloud.

What Reading Level is Currency Substitution?

Currency Substitution is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Currency Substitution?

Currency Substitution by Mr.Benedict J. Clements is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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