In equilibrium, the expected future spot rate is equal to the:

a. current spot rate.
b. current interest rate.
c. interest rate spread.
d. current forward rate.

Ans: d. current forward rate.

Economics

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Refer to Figure 4-3. What is the total amount that Kendra is willing to pay for 3 ice cream cones?

A) $2.50 B) $7.50 C) $9.00 D) $13.50

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Pollution is a

a. problem that is entirely unrelated to the parable called the Tragedy of the Commons. b. problem that cannot be remedied with regulations or corrective taxes. c. negative externality that can be viewed as a public-goods problem. d. negative externality that can be viewed as a common-resource problem.

Economics