Suppose you lend $2,500 at 11.5% for 3 years. If the interest is compounded annually, how much interest will you receive in those 3 years?

Along the IS curve, which of the following markets are in equilibrium?

A) the money and forex markets B) the goods and forex markets C) the goods and money markets D) the goods, money, and forex markets

Currency rates of exchange are determined by

A) agreements among governments. B) the nations with the strongest armies. C) the demand and supply of the currency. D) multilateral business agreements.