If U.S. inflation suddenly becomes much higher than European inflation, the U.S. demand for European goods will ____. In addition, the supply of euros to be sold for dollars will ____; both forces will place ____ pressure on the value of the euro
a. increase; decline; upward
b. increase; decline; downward
c. decrease; increase; upward
d. decrease; increase; downward
e. none of the above
a
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Which one of the following statements is NOT true?
A) The overall efficiency of a capital market depends on its operational efficiency and its informational efficiency. B) Operational efficiency focuses on bringing buyers and sellers together at the lowest possible cost. C) If market prices reflect all relevant information about securities at a particular point in time, the market is operationally efficient. D) All of the above are true.
Which of the following was NOT part of the British Airways "Know Me" program?
A) centralization of information about frequent fliers into a single database B) identification of each customer's seating location and previous flight, meal, and complaint history C) infiltration of coach class by mystery shoppers D) generation of 4,500 daily messages to recognize passengers E) distribution of 2,000 iPads to crew members and ground staff to aid information dissemination and stimulate passenger recognition