Microsoft Word - Exam1

C. the Foreign interest rate plus the expected rate of depreciation of the foreign currency. D. Foreign interest rate less foreign inflation rate ... 15. The Quantity Theory of Money states that the demand for money is given by Md = L x P x Y, where P is the price level, Y is real income and L is a constant. ... 02/08/2018 07:56:00 Title ... ................
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