If the U.S. interest rate is 4% per year and the U.K. interest rate is 9% per year, which of the following statements is TRUE?
a. The dollar will depreciate 4% in one year.
b. The pound will depreciate 9% in one year.
c. The pound will appreciate 5% in one year.
d. The dollar will appreciate 4% in one year.
Ans: c. The pound will appreciate 5% in one year.
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If technological breakthroughs in the internet cause large numbers of firms to consider investment projects they hadn't previously thought of, then
A) a shift in the supply of loanable funds will cause interest rates to rise. B) a shift in the supply of loanable funds will cause interest rates to fall. C) a shift in the demand for loanable funds will cause interest rates to rise. D) a shift in the demand for loanable funds will cause interest rates to fall. E) there will be an excess supply of loanable funds.
The higher the HHI
A) the less dominated a market is by a single firm. B) the more competitive is the market. C) the more dominated a market is by a single firm. D) the less likely the Sherman Act will be applied to a firm.
The government funds its spending through taxation and borrowing.
Answer the following statement true (T) or false (F)
Which law serves as the basis for most equal employment opportunity laws?
A) Title IX of the Education Amendments of 1972 B) Title VII of the 1964 Civil Rights Act C) Federal Affirmative Action Act D) Title IV of the Higher Education Act