Bernoulli called the ____________ moral value

"Because the nominal interest rate is the opportunity cost of holding money, the supply curve of money slopes downward." Is the previous statement correct or incorrect?

What will be an ideal response?

In a system of flexible exchange rates, lower inflation abroad would induce

a. a rise in the U.S. exchange rate. b. a fall in the U.S. rate of exchange. c. a balance of payments deficit for the United States. d. no change in U.S. exchange rates.