What will happen to the U.S. dollar price of a euro and the quantity of euros exchanged when the demand for the euro decreases, but the supply does not change? Has the U.S. dollar appreciated or depreciated?
Please provide the best answer for the statement.
The decrease in the demand for euros decreases the U.S. dollar price of the euro and decreases the equilibrium quantity exchanged for the euro. This change means that the U.S. dollar has appreciated in value because it now requires less U.S. currency to purchase a euro.
Economics
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The Taylor rule (where a and b are positive parameters) is represented by
A) i = i + a(? - ?) - b(un - u). B) i = i + a(? - ? ) + b(u - un). C) i = i + a(? - ?) - b(u - un). D) none of the above
Economics
Velocity is not a constant, and it normally increases when interest rates rise.
Answer the following statement true (T) or false (F)
Economics