If the interest rate is 7 percent on euro-denominated assets and 5 percent on dollar-denominated assets, and if the dollar is expected to appreciate at a 4 percent rate, for Francois the Frenchman the expected rate of return on dollar-denominated
assets is A) 11 percent.
B) 9 percent.
C) 5 percent.
D) 3 percent.
E) 1 percent.
B
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Union members earn about the same wage level as nonunion members in the same industry
a. True b. False Indicate whether the statement is true or false
In 2008 the Fed added a new monetary tool. What is that tool?
A. Interest payments to banks on their bank reserves B. The discount rate required for banks to borrow money C. The fed funds rate for overnight funds D. Open market operations meant to change the supply of money
In the classical view, flexible wage rates would assure
A. low inflation. B. high secular inflation rates. C. high rates of unemployment. D. full employment.
Your employer pays for the maintenance on your car. The monetary value of this car maintenance is
A. included in both economic and money income. B. included in your economic income, but not your money income. C. not included in your economic income, but included in your money income. D. not included in either economic income or money income.