Which of the following is the second step in the model-building process?
a. Include all possible variables that affect the model.
b. Collect data and test the model.
c. Identify the problem.
d. Develop a model based on simplified assumptions.
d
Economics
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Using the UIP equation, what would happen to the spot rate for euros if the interest rate on U.S dollars deposits rises ceteris paribus?
A) the spot rate for euros would rise B) the spot rate for euros would fall c) the spot rate for euros would be unchanged d) all of the above could happen
Economics
How do open market operations work?
What will be an ideal response?
Economics