An FI is net long in foreign assets if it holds more foreign liabilities than foreign assets.

a. true
b. false

Ans: b. false

Business

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Which of the four-time series component is more likely to exhibit the changes in stock market prices at particular times during the course of one day?

a. Long-term trend c. Seasonal variation b. Cyclical variation d. Random variation

Business

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. You make a promise to keep funds on deposit for a stated period of time when you open a [MMDA | CD].

Business