Which of the following countries is NOT a member of the Eurozone?

The expected rate of currency depreciation is equal to the proportional difference between the forward rate and the spot rate. This is known as the:

a. forward depreciation. b. backward depreciation. c. forward premium. d. backward premium.

If the Fed aims to achieve a level of unemployment below its natural rate, it must follow time-inconsistent policies

a. True b. False Indicate whether the statement is true or false