In Year 1, nominal GDP was $848 billion. The next year, Year 2, it grew to $912 billion. During that same time, the GDP deflator grow from 146 to 158. As a result, we can conclude that

Atrough in the business cycle occurs when

You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take

Afamily wishes to save for future college expenses. which financial tool should the family invest in?