The higher the exchange rate today, the A) smaller is the ...

[BrownTown3]

The higher the exchange rate today, the
 
  A) smaller is the expected profit from buying U.S. dollars today and holding them.
  B) greater is the expected profit from buying U.S. dollars today and holding them.
  C) smaller is the expected profit from buying foreign currency today and holding it.
  D) greater the quantity of U.S. dollars demanded in the foreign exchange market today.

Question 2

The labor demand curve slopes downward because
 
  A) the firm maximizes profits by hiring more labor when the real wage rate rises.
  B) workers supply more hours of work when the real wage rate rises.
  C) the firm maximizes profits by hiring more labor when the real wage rate falls.
  D) workers supply fewer hours of work when the real wage rate rises.

[Natalie4ever]

Answer to Question 1

A

Answer to Question 2

C

[BrownTown3]

Thanks for the timely response, appreciate it

[deja]

Gracias!