In swap transactions, the trader is interested in

A) the difference between spot and forward rates.
B) only the spot rate.
C) only the forward rate.
D) both the spot and deposit interest rate.


A

Economics

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Use the following figure to answer the next question.If the firm is producing at Q1, the area BADE represents the

A. average variable cost. B. total variable cost. C. total fixed cost. D. total cost.

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The figure above shows a labor market. If there is a monopsony in this labor market, then increasing the minimum wage from $3 per hour to $5 per hour

A) will increase the quantity of labor employed. B) will leave unchanged the quantity of labor employed. C) will decrease the quantity of labor employed. D) could increase, decrease, or leave unchanged the quantity of labor employed.

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The market labor-supply curve is:

A. upward sloping. B. downward sloping. C. perfectly elastic. D. perfectly inelastic.

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The U.S. income tax is a:

A. proportional tax. B. progressive tax. C. singular tax. D. regressive tax.

Economics