Suppose a British bank offers a 3 percent interest rate while a U.S. bank offers a 7 percent interest rate. People must expect the U.S. dollar will
A) depreciate 4 percent.
B) appreciate 4 percent.
C) appreciate 10 percent.
D) depreciate 10 percent.
Question 2
The neoclassical growth theory says, in part, that
A) a population explosion driven by economic growth will end economic growth.
B) technological change leads to economic growth.
C) the differences in nation's growth rates will persist indefinitely.
D) technology does not play a role in economic growth.
Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia
Segregation according to resource factor among 40 species of British passerine birds.
Deforestation in the forests of British Columbia.
Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary.
European Claims in North America after British Victory, 1763
How to calculate present value using the compound interest formula (Question 2)