The international bank deposit and loan market is called the
A) International Banking Facilities.
B) Eurocurrency market.
C) Foreign exchange market.
D) IMF loans and deposits.
B
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Perishable goods such as tomatoes and milk are never used as a form of money, primarily because they cannot function as:
a. a store of purchasing power. b. a means of payment. c. a standard of deferred payment. d. a medium of exchange. e. a unit of account.
A forecaster used the regression equationQt = a + bt + c1D1 + c2D2 + c3D3and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III. Using the estimation results given above, the predicted level of sales in 2014 IV is ________ units.
A. 133.5 B. 132 C. 127.50 D. 125 E. none of the above