When the exchange rate for a currency rises so that the currency trades for more of other currencies, it is said to be depreciating
a. True
b. False
Indicate whether the statement is true or false
False
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Answer the following statement(s) true (T) or false (F)
1. The price of a bond can be expressed as its Face Value minus its Discount. 2. A dividend is the amount of money a shareholder is paid (per share) at years end. 3. A representative agent is someone that acts as a proxy for an investor during corporate votes. 4. If marginal costs are significant, then the price of an exhaustible resource grows at the rate of interest.
According to the rational expectations theory, if all firms have rational expectations and wages and prices are flexible, disequilibrium in a market
A. will be a common occurrence. B. will never exist. C. will only be temporary. D. will only exist in times of high inflation.
Which of the following is not part of the "state health insurance marketplaces" provision of the Patient Protection and Affordable Care Act (ACA)?
A) Each state is required to establish an Affordable Insurance Exchange. B) Low-income individuals are eligible for tax credits to offset the costs of buying health insurance. C) Small businesses with fewer than 50 employees are exempt from being required to participate in the program. D) None of the above are a part of the "state health insurance marketplaces" provision.
Which of the following is NOT part of the current account?
A) Dividends received on a foreign investment B) Purchase of a plane ticket on a foreign airline C) Shipment of food aid to a poor country D) Purchase of a foreign bond E) All of the above.