The bid price for a bank is 1.2400 US dollar per euro; and the ask price is 1.2408 dollar per euro. The spread would be __________.
举一反三
- If the U.S. dollar is pegged to gold, then A: the Federal Reserve must adjust the supply of U.S. dollars when the price of gold changes. B: the government must buy and sell gold reserves when the price of the dollar changes. C: the U.S. dollar will not change in value since the price of gold is constant. D: the U.S. dollar would become more valuable than the Euro.
- The currency of Canada is______________ A: American dollar B: Chinese yuan C: Canadian dollar D: The euro
- If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, then an investor should be indifferent between dollars and euros if the expected dollar depreciation against the euro is 4 percent.
- If the price of a product decreases by 10 per cent and sales increase by 5 per cent, demand for that product would be said to be price inelastic.
- Suppose<br/>the exchange rate between the Japanese yen and the US dollar is 100<br/>yen per dollar. A Japanese stereo with a price of 60,000 yen will<br/>cost: () A: $1,667 B: $600 C: $6,000 D: $100