If the dollar interest rate is 4 percent, the euro interest rate is 6 percent, then
A) an investor should invest only in dollars.
B) an investor should invest only in euros.
C) an investor should be indifferent between dollars and euros.
D) invest only in dollars if the exchange rate is expected to remain constant.
E) invest only in euros if the exchange rate is expected to remain constant.
E
Economics
You might also like to view...
In markets with perfect competition, no need for buyers & sellers to search for "true" market value of an asset; it is continuously revealed by transaction prices of _____________________.
Fill in the blank(s) with the appropriate word(s).
Economics
Which of the following is an example of a nondurable good?
a. ice cream b. silverware c. motorcycle d. chair
Economics