The market price of existing bonds is ________ to the rate of interest prevailing in the economy
A) directly related B) inversely related C) synonymous D) totally unrelated
B
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European firms wishing to purchase American goods and services are ________ the foreign exchange market.
A. suppliers of U.S. dollars in B. demanders of U.S. dollars in C. demanders of Euros in D. supplied dollars by the European Central Bank for use in
Which of following groups of countries are all advanced economies?
A) Australia, Brazil, and the United States B) Hong Kong, Japan, France, and the United Kingdom C) Italy, the United States, China, and Russia D) Singapore, Russia, France, and Chad E) Mexico, Canada, Germany, and Egypt
Retailers do not find it profitable to engage in promotional activities because
a. They cannot reap the full benefits of the promotion b. They do not have to share the benefits of the promotion with the manufacturer c. They are unaware of competing retailers' ability to "free ride" on their efforts d. All of the above
When government revenue is less than government spending, the nation has a:
A. government budget deficit. B. trade surplus. C. trade deficit. D. government budget surplus.