Author Question: In an attempt to raise money in Country B, Color-Me-Green was quoted an interest rate of 14 percent ... (Read 31 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?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library