The Interest Rate in the U

question 30

Multiple Choice

The interest rate in the U.K. is 7%, while the interest rate in the U.S. is 5%. The spot rate for the British pound is $1.50. According to the international Fisher effect (IFE) , the British pound should adjust to a new level of:

• A) $1.47.
• B) $1.53.
• C) $1.43.
• D) $1.57.

---

Definitions:

Heritability Statistic

A measure in genetics that indicates how much of a trait's variation within a population can be attributed to genetic differences.

Genetic Factors

Genetic factors are hereditary influences determined by one's DNA that can affect various aspects of physical and psychological traits.

Environmental Factors

External elements like climate, terrain, and human activities that influence living organisms and the ecosystem.

Epigenetics

Nongenetic influences on a gene’s expression, such as stress, nutrition, and so forth.