An important feature of a ________ is that the holder has the right, but not the obligation, to buy or sell currency
A) swap
B) foreign exchange arbitrage
C) foreign exchange option
D) futures market contract
C
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Refer to Table 4-6. The table above lists the marginal cost of polo shirts by Marko's, a firm that specializes in producing men's clothing. If the market price of Marko's polo shirts is $30, Marko's will produce
A) 0 shirts. B) 1 shirt. C) 3 shirts. D) 4 shirts.
In the long run, does it matter whether a policy action was anticipated or not?
What will be an ideal response?
If we wanted to describe unemployment in terms of supply and demand, we could say:
A. the quantity of those demanding labor is greater than those supplying labor. B. there is a surplus of labor. C. at the prevailing wage, the demand is greater than the supply of labor. D. All of these are true.
If we focus only on consistency, it is necessarily better to use IV than OLS if the correlation between z and u is smaller than that between x and u.
Answer the following statement true (T) or false (F)