The Spot Exchange Rate for the British Pound Is 0

question 94

Multiple Choice

The spot exchange rate for the British pound is 0.5 pounds/dollar.The one-year interest rate in the United States is 4% and the one-year interest rate in Britain is 5%.Based on these rates,what one-year forward exchange rate is consistent with the absence of arbitrage?

• A)0.606
• B)0.612
• C)0.617
• D)0.505

Recognize the significance of licensure laws and professional standards in nursing.

Identify the sources and tools for evidence-informed nursing practices.

Identify and describe vulnerable populations and their unique health risks.

Understand the concept of social justice within the context of nursing and its application to patient care.

---

Definitions:

Time

A continuous measurement that exists uniformly and independently from everything else, used to sequence events and compare the durations of events and the intervals between them.

Marginal Output

The additional output that is produced by using one more unit of a particular input.

Total Output

The total amount of goods and services produced by an economy or a company during a specific period.

Worker

An individual who performs labor for compensation, including both employees and self-employed individuals.