In order to protect against foreign exchange risk, firms can use
A) the spot market for foreign exchange.
B) interest rate arbitrage.
C) the forward market for foreign exchange.
D) the J-curve.
C
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A monopsony pays a wage rate that is
A) greater than value of marginal product. B) equal to the marginal cost of labor. C) less than value of marginal product. D) unacceptable to the workers hired.
Most economic data are obtained
A) through randomized controlled experiments. B) by calibration methods. C) through textbook examples typically involving ten observation points. D) by observing real-world behavior.
The results of a 2008 Los Angeles Times poll suggest that a significant majority of Americans believe that free international trade helps the American economy
a. True b. False Indicate whether the statement is true or false
A certain investment involves ownership in a single company, pays a set dividend, and guarantees that its owners get paid before some investors, but after others. What type of investment is this?
a. a mutual fund b. a bond c. common stock d. preferred stock