The 1-Year Interest Rate in the U

question 63

Multiple Choice

The 1-year interest rate in the U.S.is 1%.The spot exchange rate for yen is 84.81 to the dollar.The 6 months forward rate is 84.78 to the dollar.These prices indicate that interest rates in Japan,on an annualised basis,are about

• A).07% lower.
• B).07% higher.
• C).035% higher.
• D).7% lower.

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Definitions:

Reverse Racism

The claim by whites that they suffer discrimination based upon their race and, therefore, experience social disadvantages.

Dominant Group

The Dominant Group refers to a social or ethnic faction that holds a preponderant amount of power, wealth, and status in a society, often setting cultural norms and practices.

Cultural Appropriation

The adoption of cultural elements belonging to an oppressed group by members of the dominant group, without permission and often for the dominant group’s gain.

Hispanic Persona

A social and cultural identity associated with people of Hispanic or Latino origin, characterized by shared history, language, and cultural practices.