Under purchasing power parity, the future spot exchange rate is a function of the initial spot rate in equilibrium and:

For locational arbitrage to be possible, one bank’s ask rate must be higher than another bank’s bid rate for a currency.

If a government wishes to stimulate its economy in the form of increased foreign demand for its country’s products, it could attempt to weaken its currency.

A country with fixed exchange rates often faces constraints on growth.

Balance the chemical equation below. In your answers … If the coefficient is supposed to be “1”, you must explicitly type it for the problem or you will not receive credit. You must use only integers (e.g. 1, 2, 3, …) [coeff1] C7H16(g) + [coeff2] O2(g) darr; [coeff3] CO2(g) + [coeff4] H2O(ℓ)

The interest rate on yen is 7%. The interest rate in the U.S. is 9%. The yen’s forward rate should exhibit a premium of about 2%.

Find the ΔH for the reaction below.   Bond type Bond energy H-O 464 N-O 200 N=O 458

How many σ-bonds and π-bonds are in the molecule shown below?  

Which of the following is not a reason for devaluation of a currency?

Why is the financial system among the most heavily regulated sectors of the economy?