1.The US dollar is selling in Australia at $55.8545. In the event that the financing cost for a 9 months

getting in Australia is 17.8548% per annum and

the relating rate in USA is 4.968%.

I. Do you expect that US dollar will be along with some hidden costs or at markdown in the

Australian Forex Market?

ii. What will be the normal a half year forward rate

for US dollar in Australia? furthermore,

iii. What will be the pace of

forward premium or rebate?

2. In the event that an expansion in shopper livelihoods prompts a reduction in the interest for outdoors gear, at that point outdoors gear is:

A) A typical decent.

B) A mediocre decent.

C) A substitute decent

D) A corresponding decent.

3. Which of the accompanying movements the interest for watches to one side?

A) An increment in the cost of watches

B) None of these answers

C) A diminishing in the cost of watch batteries if watch batteries and watches are supplements

D) An abatement in shopper wages if watches are a typical decent

4. A sub-par great is one for which an expansion in pay causes a(n)

A) Decrease in supply.

B) Increase sought after.

C) Increase in supply.

D) Decrease sought after.

5. On the off chance that a little rate expansion in the cost of a decent extraordinarily lessens the amount requested for that great, the interest for that great is

A) Income inelastic.

B) Price inelastic.

C) Price flexible.

D) Unit value flexible.

6. The value flexibility of interest is characterized as

A) The rate change in the amount requested partitioned by the rate change in pay.

B) The rate change in pay separated by the rate change in the amount requested.

C) The rate change in the amount requested of a decent separated by the rate change in the cost of that great.

D) The rate change in cost of a decent partitioned by the rate change in the amount requested of that great.

7. As a rule, a compliment request bend is bound to be:

A) Price versatile

B) Unit value flexible

C) None of these answers

D) Price inelastic.

8. As a rule, a more extreme inventory bend is bound to be

A) Price flexible

B) None of these answers

C) Unit value flexible

D) Price inelastic

9. Which of the accompanying would cause an interest bend at a decent to be cost inelastic?

A) The great is an extravagance

B) There are an extraordinary number of substitutes for the great

C) The great is a need

D) The great is a substandard decent

10. On the off chance that the cross-value versatility between two merchandise is negative, the two products are probably going to be:

A) Substitutes

B) Complements

C) Necessities

D) Luxuries