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Author Question: The ________ the expected future exchange rate, the greater is the expected profit from holding ... (Read 107 times)

asd123

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on: Jun 29, 2018
The ________ the expected future exchange rate, the greater is the expected profit from holding dollars and so the ________.
 
  A) higher; demand curve for dollars shifts rightward
  B) lower; supply curve of dollars shifts rightward
  C) higher; demand curve for dollars shifts leftward
  D) higher; supply curve of dollars shifts rightward
  E) lower; demand curve for dollars shifts leftward

Question 2

Moving between two points on a PPF, a country gains 8 desktop computers and forgoes 4 laptop computers. The opportunity cost of 1 desktop computer is
 
  A) 4 laptops.
  B) 1/2 of a lapto


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leannegxo

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


asd123

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

scikid

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Reply 3 on: Yesterday
Wow, this really help

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