If a hotel room priced at 120,000 Venezuela bolivar per night can be purchased for 80 U.S. dollars, the exchange rate is:

a. 9,600 bolivar per dollar. b. 1,500 dollars per lira.
c. 1,500 bolivar per dollar. d. .00066 bolivar per dollar.

c

Economics

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Unless otherwise indicated, when economists or investors refer to the interest rate on a financial asset, they referring to the:

A) current yield B) coupon rate C) yield to maturity D) prime rate

Economics

A firm that acquires a substitute product can try and reduce inter-product cannibalization by

a. Doing nothing b. Repositioning its product or the substitute so that they do not directly compete with each other c. Pricing each product at the same level d. Raising prices on the low-margin products

Economics