The intersection between demand of US dollar and the supply of US dollar is known as
a. Inflation rate
b. Exchange rate
c. Price
d. Quantity
b
Economics
You might also like to view...
According to the profit-maximization goal, the firm should attempt to maximize short-run profits since there is too much uncertainty associated with long-run profits
a. true b. false
Economics
Why does equilibrium in the market for a traded good not occur where that country's quantity demanded equals quantity supplied?
a. Because equilibrium occurs where demand equals supply. b. Because markets are never in equilibrium. c. Because some of the good is imported or exported. d. Because there are several demand curves, and the market can't choose between them. e. All of the above are correct.
Economics