According to UIP, when interest rates are equal, the exchange rate of the country's home currency is expected to:

Which of the following refers to diminishing marginal returns?

A) The revenue of a cell phone manufacturer decreased when it increased its product price. B) The additional output produced in a firm decreased as more workers were hired. C) The profits of an entrepreneur increased substantially after he fired a few of his employees. D) The total output of a firm decreased as more workers were hired.

Almost every time that there has been an inverted yield curve, what took place within one year?

A) recession B) rising inflation C) financial crisis D) higher bond yields