Author Question: In an attempt to raise money in Country B, Color-Me-Green was quoted an interest rate of 14 percent ... (Read 67 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
In an attempt to raise money in Country B, Color-Me-Green was quoted an interest rate of 14 percent by a local bank. This quoted rate is called the ________ rate.
 
  A) cross
  B) artificial
  C) nominal
  D) exchange

Question 2

Sam has been studying the price of wheat across markets. If a kilogram of wheat costs 1.5 in France and 1 in the United States, the law of one price would tell us ________.
 
  A) the expected exchange rate between the euro and the dollar is 1.5/
  B) wheat is over priced in France
  C) wheat is under priced in France
  D) an arbitrage opportunity exists in the international wheat market



aham8f

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

Posted another one can you check that one too? Thanks.

Answer to Question 2

Awesome help, super fast



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library