This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The bid-ask spread in the foreign exchange market is the ________. A) price at which a bank will ... (Read 32 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
on: Jul 7, 2018
The bid-ask spread in the foreign exchange market is the ________.
 
  A) price at which a bank will buy a currency
  B) price of currency in the foreign exchange market
  C) difference between the bid and ask quotes for a currency
  D) the time lapsed between a bid quote and an ask quote

Question 2

Increasingly, mainstream banks view microfinance as a source of future growth.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


fbq8i

  • Member
  • Posts: 527
Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ... Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ...
Countercurrent Exchange Countercurrent Exchange
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
The origin and spread of modern H. sapiens, reconstructed from genetic and fossil evidence. The origin and spread of modern H. sapiens, reconstructed from genetic and fossil evidence.
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library