The best way to describe the international position of the U.S. dollar during the 1980's is
a. floating downward most of the time.
b. floating downward at first, and then rising sharply.
c. stable throughout the decade.
d. rising sharply during the first half of the decade, and then falling.
d. rising sharply during the first half of the decade, and then falling.
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How does an increase in interest rates affect net exports?
What will be an ideal response?
In game theory, if two rivals in an oligopoly can avoid a large loss by cutting price from $40 to $35,
a. neither will cut its price b. one will charge $40 and the other will charge $35 c. their actions will depend on their respective strategies d. each will cut price but not all the way to $35 e. they will collude to do what's best for both of them
The Federal Open Market Committee includes:
A. the Board of Governors. B. all regional bank presidents. C. the Chairman of the Treasury. D. the Secretary of State.
Consider the following three bonds, Bond F, Bond J and Bond P. Bonds F and P mature in 1 year while Bond J matures in 4 years. Bond F and J have a face value of $10,000 while Bond P has a face value of $11,000 . If the interest rate is 15%, rank the three bonds from highest present value to lowest present value
a. Bond F, Bond P, Bond J b. Bond P, Bond F, Bond J c. Bond J, Bond F, Bond P d. Bond P, Bond J, Bond F e. Bond F, Bond J, Bond P