The political stability of countries has an impact on the foreign exchange market
Indicate whether the statement is true or false
TRUE
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In recent years, which of the following has been negative?
A) net exports of goods and services B) investment C) wages D) government expenditure on goods and services E) consumption expenditure
A ________ is a transaction in which both a spot transaction and a forward transaction are agreed upon simultaneously
A) arbitrage B) call C) swap D) put
In a firm, an entrepreneur is one who
A) decides to hire or fire. B) works for the owner by running the firm. C) takes the risks associated with a business firm. D) represents the firm in legal proceedings.
For a monopoly, when marginal revenue is zero:
A. profits are maximized. B. total revenue is maximized. C. marginal revenue is minimized. D. marginal costs are minimized.