According to the interest parity condition, if the domestic interest rate is 10 percent and the foreign interest rate is 12 percent, then the expected ________ of the foreign currency must be ________ percent
A) appreciation; 4
B) appreciation; 2
C) depreciation; 2
D) depreciation; 4
C
Economics
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The brand name of a firm
A) has nothing to do with the profitability of a firm. B) has been considered irrelevant by economists since profits for a monopolistic competitive firm are zero in the long-run. C) relates to consumers' perception of product differentiation and to the market value of a firm. D) is important in the short-run but not in the long-run.
Economics
Which of the following is an allowable deduction?
A. Unreimbursed medical expenses that exceed 7.5% of AGI B. State and local income and property taxes C. Interest on qualified education loans up to a certain limit D. All of the answer options are correct.
Economics