The domestic currency value of the return on a foreign investment when the foreign currency proceeds are sold in the forward market, is defined to be the

If a bank had demand deposits of $80 million and it faced a 25 percent required reserve ratio, it would be required to have how many reserves?

a. $20 million b. $40 million c. $60 million d. $80 million

The typical relationship between inflation and unemployment is:

A. as unemployment falls, inflation falls. B. as unemployment falls, inflation increases. C. as unemployment falls, nothing happens to inflation. D. unemployment changes do not directly lead to changes in inflation, but inflation changes may cause changes in unemployment.