Which of the following is NOT part of the shadow banking system?

A) the transformer
B) the servicer
C) the bundler
D) the distributor

A

Economics

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If domestic returns are greater than foreign returns, then:

a. the spot rate is too high. b. the spot rate is too low. c. expectations of future exchange rates will change in the long run. d. There is no opportunity for arbitrage.

Economics

A price-discriminating monopolist will tend to charge a lower price to students if it believes that students: a. have a lower willingness to pay than other demanders. b. have a greater willingness to pay than other demanders. c. have very elastic demand curves

d. have nearly vertical demand curves.

Economics