You are putting together a portfolio of assets. The four most important characteristics of the assets you will choose are expected return, time to maturity,

According to UIP, when domestic and foreign interest rates are equal, the exchange rare of the home currency is expected to

a) fall b) remain contact c) rise d) not enough information is provided

If a 20 percent decrease in the price of a good leads to a 15 percent increase in the quantity demanded, then demand is ________ and total revenue will ________ as a result of the fall in price

A) elastic; increase B) elastic; decrease C) inelastic; increase D) inelastic; decrease