During the Great Depression in the 1930s unemployment was so bad that nearly ________ of the labor force was unemployed.

What is the difference between explicit costs and implicit costs? List three examples each of explicit costs and implicit costs that may be experienced by a small business

What will be an ideal response?

The euro is said to be selling at a ________ if the spot dollar price is $1.18 and the nine-month forward rate is $1.16

A) forward discount B) forward premium C) forward spread D) none of the above