In 2008-2009, Iceland and several Baltic states increased their interest rates. One would expect which of the following?
a. U.S. bond prices will fall and the dollar will appreciate.
b. U.S. bond prices will rise and the dollar will appreciate.
c. U.S. bond prices will fall and the dollar will depreciate.
d. U.S. bond prices will rise and the dollar will depreciate.
c
Economics
You might also like to view...
Trade theory suggests that increased trade leads to increased wage equality
Indicate whether the statement is true or false
Economics
A country's level of productivity determines its
a. productivity growth rate. b. rate of population growth. c. current standard of living. d. future income potential.
Economics
If M = $5,000, P = $20, and Q = 2,000, then V is
A) 2.0. B) 4.0. C) 5.0 D) 6.0 E) 8.0
Economics
If we were on curve K, the upper two quintiles received about _____% of income.
A. 25
B. 35
C. 45
D. 55
Economics