If the indirect exchange rate between U.S. $ and Japanese yen is $1=JPY 130,  the direct rate between the two currencies (i.e., the value of JPY 1 in U.S. $) would be 

In covered interest arbitrage, it is possible to take advantage of interest rate differential between two countries and make some profit without taking any risk.

The nurse explains to the parent of an infant with a cephalohematoma that:

Describe a reflex arc by listing and explaining the function of each of its key components. Your answer should include the roles of the receptor, sensory (afferent) neuron, integration center (interneuron, if present), motor (efferent) neuron, and effector, and explain how they work together to produce a rapid, involuntary response.

Upper motor neurons originate in the

The sympathetic and parasympathetic divisions of the autonomic nervous system have the same effect on most body organ systems.

Broca’s area 

Which of the following integrates and interprets sensory information?

In practical applications using compressive loads where strength is critical, wood should be oriented with the grain parallel to the load.

1 (B)  What actions can the principal take to mitigate agency costs? Are these actions costly? (3p)