quiz 9 - ViewAttempt1of1 Title: Started: Submitted:...

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View Attempt 1 of 1  Title: Quiz 9 Started: April 27, 2009 1:29 PM Submitted: April 27, 2009 1:59 PM Time spent: 00:29:23  Total score: 80/100 = 80%   Total score adjusted by 0.0  Maximum possible score: 100  1. Quiz 9_Q1   The Federal Reserve Bank uses open market operations to directly affect:     Student  Response Value Correct  Answer Feedback a.  Consumption 0%      b.  The money  supply 100%      c.  Government  purchases 0%      d.  Investment 0%      e.  Capital  Outflows 0%         Score: 10/10    2. Quiz 9_Q2
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  Suppose that the one year Swiss franc interest rate is 5% and the one year U.K.  interest rate is 4%. If the one year forward rate is 0.45 pounds per francs what must  the spot exchange rate be (£/Sfr) if covered interest parity holds?     Student  Response Value Correct  Answer Feedback a.  0.2250 0%      b.  0.4455 0%      c.  0.4545 100%      d.  1.4500 0%      e.  0.4645 0%         Score: 0/10    3. Quiz 9_Q3   Assets of the central bank include:     Student  Response Value Correct  Answer Feedback a.  Currency in  circulation.
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This note was uploaded on 02/23/2010 for the course BUSINESS intb 3353 taught by Professor Prodon during the Spring '10 term at University of Houston.

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quiz 9 - ViewAttempt1of1 Title: Started: Submitted:...

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