If currency speculators believe South Korea will have much lower inflation in the future than the United States, then this event is most likely to cause the South Korean won to

A) depreciate and the U.S. dollar to depreciate.
B) depreciate and the U.S. dollar to appreciate.
C) appreciate and the U.S. dollar to appreciate.
D) appreciate and the U.S. dollar to depreciate.

Aron ordered an truck bed toolbox for $249.99. Before it was delivered, the same store from which he ordered the toolbox ran an ad in the paper for the same toolbox at $179.99. Aron called the store and demanded the advertised price. If the store says "okay":

A) Aron must pay $179.99.
B) Aron must pay $249.99.
C) there is no contract.
D) there is a contract for the reasonable value of the toolbox .

Webcasts are used primarily for presentations, while web conferencing and webinars are often used when greater audience participation is required.

The master budget consists of a number of separate but interdependent budgets.

If the expected inflation rate is 4 percent and the nominal interest rate is 9 percent,the expected real interest rate is _____.

A) 13 percent
B) −5 percent
C) 9 percent
D) −13 percent
E) 5 percent