Interest rate parity holds well in the Eurocurrency market
Indicate whether the statement is true or false
TRUE
Explanation: There is no political risk or government controls. The only difference is "currency of denomination."
Economics
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It is a mistake to calculate the cost per mile of owning a car because doing so implies
A) additional driving will lower the cost of owning a car. B) future fuel and maintenance costs cannot be predicted. C) marginal costs are the only relevant costs. D) opportunities will not arise to sell the car.
Economics
What is a period of economic growth as measured by a rise in real GDP called?
(A) An expansion (B) A contraction (C) A peak (D) A business cycle
Economics