A $100 face-value one year discount bond with an interest rate of 4.5% has a price of

Suppose that your marginal federal income tax rate is 30%, and the yield on thirty-year U.S. Treasury bonds is 5.2%. You would be indifferent between buying a thirty-year Treasury bond and buying a thirty-year municipal bond issued within your state (ignoring differences in liquidity, risk, and costs of information) if the municipal bond has a yield of

Under a fixed exchange rate regime, if the domestic currency is initially ________, that is, ________ par, the central bank must intervene to sell the domestic currency by purchasing foreign assets.

The exchange rate system followed by the United States is known as

Assume bank reserves = $1,000 billion, currency = $4,000 billion, (R/D) = 0.2. What is the value of the money multiplier?

If the Fed wants to increase the value of the dollar, it will

Suppose Big Mac costs 200 pesos in Mexico City and 5 pounds in London. If the current exchange rate is 30 pesos per pound, then according to law of one price, pound is ______ and should _______ in the long run.

A purchase of foreign assets by a central bank has the same effect on the monetary base as

Energy medicine practices focus on:

Dietary supplements in biologically based practices are used to: