Over ninety-five percent of all new businesses that open each year in the United States employ ________ workers

Part of the reason for the success of Facebook is:

A. the avoidance of a positive externality. b. a strong negative network externality. C. a strong positive network externality. D. the avoidance of a negative externality.

Suppose the 12-month interest rate on a U.S. Treasury bill is 16 percent, and the one-year interest rate on a comparable British Treasury bill is 6 percent. The exchange rate today is $2.00 per pound. What must be the expected exchange rate at maturity for interest rate parity to hold?

a. $1.00 = 0.50 pound b. $1.00 = 0.75 pound c. 1 pound = $2.20 d. 1 pound = $1.80 e. 1 pound = $2.50