Which form of arbitrage is considered the most important in the foreign-exchange market?
A) two-point arbitrage
B) three-point arbitrage
C) covered interest
D) arbitrage of goods
C
Business
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What is the term for the behaviour of people as they interact with one another in markets?
a. interaction b. demand and supply c. social psychology d. economics
Business
A restaurant is trying to determine the lowest total cost for purchasing a replacement freezer
The cost of capital is 6 percent and the freezer should last for 11 years. Using Table 10 -2, which freezer should the restaurant purchase? A) Freezer A B) Freezer B C) Both Freezers D) Cannot tell without more information.
Business