In which of the following transactions is a currency switched with another on one date and then switched back on a future date?
A) reverse transaction
B) spot transaction
C) FX swap
D) outright forward transaction
C) FX swap
You might also like to view...
Bonds with ________ tend to have higher interest rates than bonds with ________
A) high liquidity; low liquidity B) high default risk; low default risk C) shorter maturity; longer maturity D) low tax burdens on their interest; high tax burdens on their interest
Which of the following statements is true of a barter system? a. In a barter system, it is difficult to keep track of the relative values of goods and services. b. In a barter system, an individual offers money to import goods and services
c. In a barter system, an individual offers currency notes to get coins. d. In a barter system, different kinds of money are exchanged for one another. e. In a barter system, individuals are self-sufficient.
An S corporation is a? ________.
A. ?profit-seeking corporation whose charter also requires it to pursue a stated social or environmental goal B. corporation not allowed to sell stock to investors C. company whose stock is held by few owners and is not available for sale to the public D. corporation whose stock is sold to the general public E. corporation allowed to sell stock to a limited number of investors while enjoying the? pass-through taxation of a partnership
Real GDP is nominal GDP adjusted for:
A) double counting. B) changes in prices. C) population. D) imports.