Inclusive unionism is practiced mostly by:

A. professional and semiprofessional employees.
B. small unions comprised of skilled workers, such as the bricklayers.
C. industrial unions.
D. craft unions.

Answer: C

Economics

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If UIP holds, the foreign interest rate is 6%, and the home currency is expected to appreciate by 2%, then the home interest rate is:

a. 10% b. 8% c. 4% d. 3%

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A discount bond involves

A) interest payments from the borrower to the lender periodically during the life of the loan. B) payment by the borrower to the lender of the face value of the loan at maturity. C) no payment of principal by the borrower to the lender. D) payment of interest by the borrower to the lender every six months during the life of the loan.

Economics