According to this Application, which of the following is a reason for holding cash?
A) for convenience
B) fear of financial catastrophe
C) to make a purchase when you cannot use a debit or credit card
D) all of the above
D
Economics
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Your U.S.-based company is selling parts to a company in Bangladesh. If you require payment in US$
A) the Bangladeshi company bears the exchange rate risk. B) your company bears the exchange rate risk. C) the companies share in the exchange rate risk. D) there is no exchange rate risk.
Economics
The cross elasticity of demand for substitute products must:
a. be greater than one. b. be less than one. c. be zero. d. exceed zero. e. be negative.
Economics