The difference between bid (buying) rates and ask (selling) rates is called the ?

Related Mcqs:

In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?

A. decrease; depreciate B. decrease; appreciate C. increase; depreciate D. increase; appreciate...

A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is ?

A. constant B. inelastic C. elastic D. Unitary elastic...

If Sweden’s currency depreciates relative to Norway’s currency ?

A. Norway’s export goods become more expensive to Norway’s residents B. Norway’s exports goods become cheaper to Sweden’s residents C. Sweden’s export goods become cheaper to Norway’s residents D. Sweden’s export goods become cheaper to Sweden’s residents...

Which of the following is not a reason why Joe Smith (an American) might participate as a demander in the foreign exchange market ?

A. his desire to open a bank account in Japan B. his desire to purchase an automobile produced domestically C. his desire to travel to Europe D. his desire to purchase Treasury bills issued by the British government...

The rise in value of one currency relative to another is ?

A. a weakening of a currency B. A depreciation of a currency C. An appreciation of a currency D. a debasement of a currency...