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14. If a call option is described as being in the money, the market price of the stock is above the strike price. True False

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14. If a call option is described as being "in the money", the market price of the stock is above the strike price. True False Question 15 15. Purchasing Power Parity says that differences in inflation rates between two countries will create a change in the two countries exchange rates. True False Question 16 3pts 16. If the inflation rate in the U.S. averages more than the inflation rate in Europe over a long period of time, we should expect that the dollar will depreciate against the Euro. True False

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