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

[clmills979]

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]

Answer to Question 1

B

Answer to Question 2

C