Which of the Following Caused a Decline in the Dollar/yen

question 51

Multiple Choice

Which of the following caused a decline in the dollar/yen carry trade during 2008-2009?

• A)increase in risk appetite making the carry trade less attractive
• B)decrease in interest rate differentials as the U.S.rates came down
• C)increase in interest rate differentials as Japanese interest rates came down
• D)decrease in interest rate differentials as the U.S.interest rates went up
• E)decrease in interest rate differentials as the Japanese rates went up

Understand the concept of cost centers and their role within an organization.

Calculate and interpret departmental gross profit.

Distinguish between cost centers, profit centers, and revenue centers.

Understand the utility of departmental reports in performance evaluation and decision making.

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Definitions:

Commons Dilemma

A situation in shared-resource systems where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource.

Bystander Effect

The phenomenon where individuals are less likely to offer help to a victim when other people are present.

Kitty Genovese

An American woman whose 1964 murder in New York City became influential in the study of the bystander effect and social psychology.

Prisoner's Dilemma

A scenario in game theory where two individuals acting in their self-interest do not result in the optimal outcome for either party.