The foreign exchange rate is defined as the
A) equal to the amount of the current account deficit.
B) equal to the amount of the capital account deficit.
C) volume of the world currencies traded.
D) rate or the speed with which the currencies of the worlds are traded.
E) price at which one currency exchanges for another.
E
Economics
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If long-term investments are increasing,
A. current consumption must be increasing. B. interest rates must be relatively low. C. interest rates must be relatively high. D. the people must be experiencing a “defective telescopic faculty.”
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The two kinds of banks are ________ banks and ________ banks.
A. brokerage; investment B. federal reserve; private C. private; commercial D. commercial; investment
Economics