A currency future is

a. an exchange rate.

b. an exchange control.

c. a contract.

d. none of the above

Of the following situations, the one that does not usually cause an increased interest rate is

a. political uncertainty.

b. people are saving more and borrowing less.

c. inflation is increasing.

d. none of the above

The exchange rate for a stable country

a. remains the same unless there is a political change.

b. changes somewhat from day to day.

c. is always based on the U.S. dollar.

d. none of the above