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Author Question: The lower the exchange rate today, ceteris paribus, the A) greater is the expected profit from ... (Read 49 times)

cagreen833

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on: Jun 29, 2018
The lower the exchange rate today, ceteris paribus, the
 
  A) greater is the expected profit from buying U.S. dollars today and holding them.
  B) smaller is the expected profit from buying U.S. dollars today and holding them.
  C) greater is the expected profit from buying foreign currency today and holding it.
  D) smaller the quantity of U.S. dollars demanded in the foreign exchange market today.

Question 2

The definition of M2 includes
 
  I. M1.
  II. money market mutual funds.
  III. currency held outside of banks.
  A) I and II only
  B) I and III only
  C) II and III only
  D) I, II, and III


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mcinincha279

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

A

Answer to Question 2

D


cagreen833

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

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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