Author Question: ________ refers to the most commonly quoted interest rate that London banks charge other large banks ... (Read 83 times)

abc · **on:** Jul 7, 2018

________ refers to the most commonly quoted interest rate that London banks charge other large banks that borrow Eurocurrency.

A) London Interbank Offer Rate (LIBOR)
B) London Interbank Bid Rate (LIBID)
C) Spot rate
D) Cross rate

Question 2

Andy comes from a culture that emphasizes hard work and promotes the entrepreneurial spirit within individuals. While he and his coworkers are encouraged to achieve their personal goals, they are also held responsible for their actions.

According to Hofstede's framework, which of the following dimensions does this culture illustrate?
A) feminity
B) individualism
C) high power distance
D) high uncertainty avoidance