A
To determine: Whether the British pound has appreciated or depreciated as compared to the US dollar in the given conditions.
Introduction :
B
To select: The factors which can affect the interest rates.
Introduction: The interest rate is affected by the various factors but out of those, the money supply in the market plays an important role in this. The high flow of money gives a high investment at high rates.
C
To select: Effect on the marginal tax if government reduces the taxes.
Introduction : Marginal tax is a tax that is paid to the next dollar earning. It is an additional payment. If marginal tax value increases the personal income also increases with the same proportion.
Want to see the full answer?
Check out a sample textbook solutionChapter 17 Solutions
EBK INVESTMENTS
- Intermediate Financial Management (MindTap Course...FinanceISBN:9781337395083Author:Eugene F. Brigham, Phillip R. DavesPublisher:Cengage Learning