If U.S. interest rates are higher than the world interest rates, we would expect the U.S. dollar to appreciate
a. True
b. False
Indicate whether the statement is true or false
True
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An asset category that caries the highest interest rate is
A) checkable deposit accounts. B) loans. C) cash in the bank vault. D) savings deposits.
The biggest benefit to members of a union is:
A. being able to bargain as a group. B. keeping non-union workers out of their industry. C. negotiating minimum wage legislation. D. getting raises without having to do any work.
Individuals in favor of privatization of Social Security believe that it would allow people to:
a. evade the exorbitant rates of Social Security taxes. b. substitute purchases of stocks and other financial assets for a portion of their Social Security taxes. c. lower their medical bill by taking extra precaution and care for their health. d. experience a lower inflation in healthcare services.
If the equilibrium of a dollar in terms of pesos is 20. what is the equilibrium price in terms of dollars
What will be an ideal response?