If a firm wants to sell bonds in Tokyo to denominated in U.S. dollars
A) they would be selling a form of Eurobonds.
B) they would have to sell the bonds in dollars first.
C) the bonds could only be sold if the firm opened a Eurocurrency account first.
D) their profits would have to be converted to yen.
A
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The total surplus in a market is represented by:
A) the area between the demand curve and the market price line. B) the area between the supply curve and the market price line. C) the area between the demand and supply curves and the price axis. D) the area between the demand curve and the horizontal axis.
If the economy is in long run equilibrium and aggregate demand increases, then in the short run
A) nothing happens because the economy is in long run equilibrium. B) the price level rises and real GDP does not change. C) real GDP increases and the price level does not change. D) the price level rises and real GDP increases.
Suppose researchers discover that a government program to match job seekers and employers has caused an increase in the unemployment rate. Does this mean that the program has failed?
What will be an ideal response?
If demand and supply both decrease
A) the equilibrium quantity definitely will decrease, and the market clearing price definitely will decrease. B) the equilibrium quantity definitely will decrease, and the market clearing price definitely will increase. C) the market clearing price definitely will decrease, but the change in the equilibrium quantity cannot be determined without more information. D) the equilibrium quantity definitely will decrease, but the change in market clearing price cannot be determined without more information.