If interest rates in the European Union decrease
A) the demand for U.S. dollars will fall in the foreign exchange market.
B) the supply of U.S. dollars will fall in the foreign exchange market.
C) the demand for euros will fall in the foreign exchange market.
D) nothing will change in the foreign exchange market.
Answer: C
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A) the nominal interest rate that would have been earned on the money B) There is no cost. C) the implicit cost of the money D) the real interest rate that would have been earned on the money
What is the difference between the terms "marketing" and "advertising"?
What will be an ideal response?
A defined-benefit pension
A) determines benefits by contributions and their earnings. B) fixes benefits in advance. C) links benefits to investment performance. D) fixes benefits paid out for a limited number of years.
In the bond market, the seller is considered to be
A) the lender. B) the borrower. C) the lender or the borrower depending upon the use to which the funds are put. D) the lender or the borrower depending upon whether interest rates are rising or falling.