Refer to the figure above. The equilibrium exchange rate in this case is:

A) 40 rupees per dollar. B) 80 rupees per dollar.
C) 130 rupees per dollar. D) 20 rupees per dollar.

B

Economics

You might also like to view...

The unemployment rate is defined as the:

A) percentage of civilian non-institutionalized population aged 14 or over that is unemployed. B) percentage of labor force that is unemployed. C) percentage of total population that is unemployed. D) percentage of civilian non-institutionalized population aged 12 or over that is unemployed.

Economics

Explain two different ways to determine the profit-maximizing level of output for a firm in a perfectly competitive market

What will be an ideal response?

Economics