Top Posters
Since Sunday
q
10
9
b
8
b
7
n
7
m
7
b
7
k
7
y
7
d
7
6
g
6
Home Q & A Board Other Fields Homework Help Business
New Topic  
campario campario
wrote...
Go to Answer
Posts: 659
Rep: 0 0
6 years ago
If the real interest rate is 5%, the rate of inflation in the United States is 6%, and the rate of inflation in the United Kingdom is 3%, which of the following statements would NOT be true?
A) The nominal rate of interest in the U.S. would be greater than the nominal interest rate in the U.K.
B) The difference between the U.K. and U.S. interest rates is a function of the difference between their inflation rates.
C) The nominal rate of interest in the United States and the United Kingdom would be the same because of purchasing power parity.
D) Investors would get a higher return on their money in the United States.
Textbook 
International Business

International Business


Edition: 15th
Authors:
Read 78 times
1 Reply
International Business Student!
Replies
Answer verified by a subject expert
KitechiKitechi
wrote...
#1
Top Poster
Posts: 659
Rep: 8 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
C
1

Related Topics

campario Author
wrote...

6 years ago
Good timing, thanks!
Kstan109
wrote...

Yesterday
this is exactly what I needed
nicolepope23
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  202 People Browsing
 187 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Live Chat
Related Images
  
 209
  
 435
  
 90