If the exchange rate falls, then the expected profit from holding the currency A) does not ...

Author Question: If the exchange rate falls, then the expected profit from holding the currency A) does not ... (Read 93 times)

clmills979

Hero Member
Posts: 551

on: Jun 29, 2018

If the exchange rate falls, then the expected profit from holding the currency

A) does not change.
B) increases.
C) decreases.
D) can either increase or decrease.

Question 2

M2 ________.

A) does not include currency
B) does not include traveler's checks
C) is a broader measure of money than M1
D) does not include checking deposits held at credit unions

IAPPLET

Sr. Member
Posts: 333

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

C

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