Assume the spot rate for the british pound currently is £.6391 per dollar and the one-year forward rate is £.6389. a risk-free asset in the u. s. is currently earning 3 percent. if interest rate parity holds, approximately what rate can you earn on a one-year risk-free british security?

What are six resources for you decide which type of business to start and how to start it?

When color is used on a topographical drawing, black is used to represent what?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.