The spot rate is the rate at which foreign currencies will be exchanged a specified number of days in the future

If the world real interest rate were 6% and the domestic real interest rate in Denmark was 9%, borrowers in Denmark would borrow at the rate of ________ and lenders in Denmark would lend at the rate of ________

A) 6%; 6% B) 6%; 9% C) 9%; 6% D) 9%; 9%

The increase in the proportion of tertiary employment over time at the expense of both primary and secondary employment

(a) is peculiar to the western industrial countries. (b) is strictly an American phenomenon. (c) is present generally in all industrial countries. (d) is restricted to countries with relatively small government sectors.