Which of the following is a true statement about equilibrium in the foreign exchange market?
A) Net exports are zero.
B) The expected return on domestic assets is equal to the expected return on foreign assets.
C) Foreigners wish to purchase the entire supply of domestic assets.
D) The relevant central banks meet regularly to choose the equilibrium exchange rate.
B
Economics
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When quantity supplied is more than quantity demanded:
a. supply shock b. shortage c. excess supply d. disequilibrium e. search costs
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The graph shown demonstrates a tax on sellers. How many fewer units are being sold due to the imposition of a tax on this market?
A. 37 B. 31 C. 15 D. 16
Economics