Suppose the 12-month interest rate on a U.S. Treasury bill is 16 percent, and the one-year interest rate on a comparable British Treasury bill is 6 percent. The exchange rate today is $2.00 per pound. What must be the expected exchange rate at maturity for interest rate parity to hold?

According to the Malthusian prediction in the long run: a. growth in real output of an economy would eventually become negative. b. growth in real output of an economy will eventually reach a stable level. c. scarcity would be completely eliminated

d. poverty would be completely eliminated.

Price discrimination occurs only in monopolies

a. True b. False Indicate whether the statement is true or false