Which of these statements best describes a flow variable?
a. An economic variable that measures something at a particular point in time
b. An economic variable whose value is determined by the market
c. An economic variable that is measured per unit of time
d. An economic variable whose value shows no change over time
e. An economic variable that remains static when other related variables change
c
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If a project costs $600 today and returns $630 next year, the highest interest rate at which the project should still be undertaken is five percent
Indicate whether the statement is true or false
Because of a regulatory environment that encourages foreign participation and competition in financial services, the domestic markets in the __________ are not really distinct from the foreign markets
A) the United Kingdom B) the United States C) Japan D) Germany