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Which of the following is true: (1). Interest rate differentials affect savings and investments, while inflation differentials affect trade (2). Interest rate differentials affect trade,

Which of the following is true: (1). Interest rate differentials affect savings and investments, while inflation differentials affect trade (2). Interest rate differentials affect trade, while inflation differentials affect savings and investments (3). Interest rate differentials affect savings and investments, while inflation differentials affect the balance of payments 1 and 2 are only true

only 1 is true

All is true

Only 3 is true

1 and 3 are only true

Calculate the cross-rate euro/dirham if 0.91 euro/USD: 3.34 0.25 4.13 0.2479 4.03 4.25

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