Which of the following countries fell victim to contagion during the Asian financial crisis?
A. Malaysia, South Korea, and Taiwan
B. Indonesia, Malaysia, and the Philippines
C. Malaysia, the Philippines, and Taiwan
D. All of these countries were hurt during the crisis.
Answer: B
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If you buy a call option on Treasury futures at 115, and at expiration the market price is 110, the ________ will ________ exercised
A) call; be B) put; be C) call; not be D) put; not be
Sarah is able to take out a loan for $5000 for one year at an annual interest rate of 10 percent. After calculating her return to be $450, Sarah will:
A. make $50 on net, and should take out the loan. B. lose $50 on net, and should not take out the loan. C. lose $450 on net, and should not take out the loan. D. make $450 on net, and should take out the loan.
Which institutions can create money?
A. Mutual funds and retirement funds B. The government and its agencies C. The Fed and the banks D. Households and corporations
According to the World Bank, GDP per capita ________ in the least corrupt countries than in the most corrupt countries.
A) is more than 50 percent less B) is roughly the same C) is twice as high D) is 10x higher