A wage offer that is above the market wage, intended to avoid the adverse selection problem, is called a(n)

Assume that the U.S. interest rate is 5%, the European interest rate is 2%, and the future expected exchange rate in one year is $1.224. If the spot rate is $1.16, then the expected dollar return on euro deposits is:

a. 7.52% b. 5% c. 3% d. 2%

In the United States, do the poorest 20 percent of the households receive more or less than 5 percent of total income?

What will be an ideal response?