The expenditures of government-owned corporations with budgets separate from the government's budget are called _____

Assume a one year U.S. bond pays 4.0% interest and a similar U.K. bond pays 5.2% interest. Which of the following changes will establish interest rate parity?

a. The British pound would be expected to appreciate by 1.2% against the U.S. dollar. b. The U.S. dollar would be expected to depreciate by 1.2% against the British pound. c. The British pound would be expected to depreciate by 1.2% against the U.S. dollar. d. The British pound would be expected to appreciate by 9.2% against the U.S. dollar. e. The U.S. dollar would be expected to appreciate by 9.2% against the British pound.

Figure 5-12

In Figure 5-12, the move in the consumer equilibrium from A to B shows that

a.
beer is an inferior good, but wine is a normal good.

b.
wine is an inferior good, but beer is a normal good.

c.
both beer and wine are normal goods.

d.
both beer and wine are inferior goods.