Author Question: If the exchange rate falls, then the expected profit from holding the currency A) does not ... (Read 94 times)

clmills979

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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

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Answer to Question 1

B

Answer to Question 2

C



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