Author Question: The ________ the expected future exchange rate, the greater is the expected profit from holding ... (Read 38 times)

asd123 · **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