If the bank is selling euros for $0.74, then what is the implied euro price of the dollar?
A) 1.35 €
B) 1.74 €
C) 2.48 €
D) None of these values are correct.
A
You might also like to view...
The rate of interest charged by the Federal Reserve to member banks for reserves borrowed from the Fed is the
A. federal funds rate.
B. discount rate.
C. repurchase rate.
D. Q-ceiling rate.
The 100 largest U.S. firms currently control
a. about half of all manufacturing assets in the United States, which represents a decrease since World War II b. about half of all manufacturing assets in the United States, which represents an increase since World War II c. about half of all manufacturing assets in the United States, which represents no change since World War II d. about 40 percent of all manufacturing assets in the United States, which represents a decrease since World War II e. about 40 percent of all manufacturing assets in the United States, which represents an increase since World War II
In the analysis of potential GDP, labor and capital are considered
a. inputs. b. final goods and services. c. byproducts of economic growth. d. outputs.
In the year 2014, the real GDP of Country A was $12.3 trillion. The nominal GDP calculated in the same year was $13.53 trillion. The value of the GDP deflator for Country A in 2014 was:
a. 110. b. 105. c. 107. d. 112.