The announcement effect seems to show that
A) announcements of interventions are more powerful than interventions themselves.
B) announcements of interventions are less important the interventions.
C) traders are not affected by central bank actions.
D) exchange rates do not change with the announcements at all.
Answer: A
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Which of the following is an advantage of manufacturer/distributor storage with customer pickup?
A) Facility costs can be very high if new facilities have to be built. B) Transportation cost is lower than the use of package carriers, especially if using an existing delivery network. C) Order visibility is difficult but essential. D) Product variety is similar to other manufacturer or distributor storage options.
In the figure below, what type of relationship is depicted?
A) One-to-one B) Unary C) One-to-many D) Many-to-many