If the exchange rate falls, U.S. residents pay
a. more dollars for foreign bonds and get more dollars from interest payments.
b. more dollars for foreign bonds but get fewer dollars from interest payments.
c. fewer dollars for foreign bonds and also get fewer dollars from interest payments.
d. fewer dollars for foreign bonds but get more dollars from interest payments.
a
Economics
You might also like to view...
Suppose a lottery ticket costs $1 and the probability that a holder will win nothing is 99%. What must the jackpot be for this to be a fair bet?
a. 10 b. 100 c. 1,000 d. 10,000
Economics
Economic profit equals accounting profit minus:
a. explicit costs. b. implicit costs. c. fixed costs. d. variable costs.
Economics