In the case where interest rates are lower in Japan, which of the following is an example of a "carry trade"
a. Increase borrowing in the US, convert to Yuan and invest in financial assets in Japan
b. Increase borrowing in Japan and invest in Japan
c. Increase borrowing in Japan, convert to Dollars and invest in the US
d. Increase borrowing in the US and invest in the US
c
Economics
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a. True b. False Indicate whether the statement is true or false
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All of the following are private costs of operating an automobile EXCEPT
A) gasoline for the car. B) depreciation of the vehicle. C) car insurance. D) harm to the environment from emissions.
Economics