During periods when the unadjusted federal minimum wage is constant identify the trend .
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During periods when the unadjusted federal minimum wage is constant identify the trend .
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- If the national economy shrank at an annual rate of 2% per year for 4 concesecutive years, then the economy shrank by 8% over the 4 year Period. True or false if false what % did it shrinkWhat is the relationship between the geometric average rate of return and compound interest?The 180-day interest rate in the United States is 12.25% per annum. The 180-day interestrate in Canada is 15.25% per annum. The Canadian dollar sells spot in New York forU.S. $.8203/Can$. The Canadian dollar sells 180 days forward in New York for U.S.$.8113.a. Are interest rates and forward rates in equilibrium?b. For a transaction size of U.S. $600,000, how can an investor take advantage of thesituation without taking undue risks? Ignore transaction costs and income taxes.
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