Assume that the interest rate in a foreign country is 7 and that ...

[justinmsk]

Assume that the interest rate in a foreign country is 7 and that the foreign currency is expected to depreciate by 3 during the year. For each dollar that a U.S. resident invests in foreign bonds, he/she can expect to get back an approximate total of
 
  A) .93.
  B) .96.
  C) 1.04.
  D) 1.07.
  E) 1.10.

Question 2

Henry Ford's experiment with efficiency wages resulted in
 
  A) a dramatic drop in productivity.
  B) a dramatic increase in the turnover rate.
  C) a reduction in the layoff rate.
  D) new problems with the work force, like drunkenness and reckless driving.
  E) no noticeable effects.

[Anna]

Answer to Question 1

C

Answer to Question 2

C

[justinmsk]

Great answer, keep it coming

[Animal_Goddess]

Thanks for the timely response, appreciate it