The partnership is the least common form of business organization in the United States
a. True
b. False
A
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The efficient markets hypothesis implies that future changes in exchange rates should for all practical purposes be
A) unpredictable. B) set by each country. C) increasing. D) pegged to a standard such as the U.S. dollar or the Euro.
A structural budget deficit
A) appeared during the Vietnam War era from 1966-68. B) appeared after 1982 due to tax cuts and spending increases. C) peaked at 5 percent of GDP in mid-1986 and had become a structural surplus by 1997. D) all of the above.
Why may some investors prefer forward contracts to futures?
What will be an ideal response?
An option may add value to a transaction because:
a. interest charges are reduced. b. the price of the good is reduced. c. additional information may become available. d. options provide buyers with monopsony power.