Assume the U

question 39

Multiple Choice

Assume the U.S. one-year interest rate is 15%, while the South African one-year interest rate is 13%. If the South African rand ____ by ____%, a U.S.-based MNC is indifferent between investing in dollars and investing in rand.

• A) depreciates; 1.77
• B) appreciates; 1.74
• C) appreciates; 1.77
• D) depreciates; 1.74

---

Definitions:

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem to the lower back, carrying nerve impulses to and from the brain.

Brain

The brain is the central organ of the human nervous system, located in the head, responsible for processing sensory information, controlling movement, and facilitating cognitive functions.

Synaptic Cleft

Small gap between presynaptic and postsynaptic cells of a synapse.

Presynaptic Membrane

The membrane of a nerve terminal that faces the receiving (postsynaptic) cell and is where neurotransmitters are released.